IC Electricals IPO GMP, Subscription & Allotment Status Today
IC Electricals is a SME IPO currently open for bidding, with a price band of Rs 94.00 to Rs 99.00 and closing on 07 Jul 2026. It has a current GMP of Rs 55 (+55.56% est. listing gain).
- Price Band
- ₹94.00 - ₹99.00
- Lot Size
- 1,200 Shares
- Bidding Closes
- 07 Jul 2026
- Listing Date
- 10 Jul 2026
Complete IPO information
| Current GMP | ₹55 |
|---|---|
| Estimated Listing Gain | +55.56% |
| Price Band | ₹94.00 - ₹99.00 |
| Issue Price | Approx ₹48.00 Crores |
| Listing Price | Est. ₹154 |
| Lot Size | 1,200 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 7.18x |
| Listing Date | 10 Jul 2026 |
| Minimum Investment | ₹2,37,600 |
IPO Snapshot & Investor Takeaways
At the upper end of its price band, IC Electricals is priced at ₹99 per share. With a minimum lot size of 1,200 shares, a retail investor applying for one lot would need approximately ₹2,37,600 to participate in this SME issue.
The latest recorded Grey Market Premium for IC Electricals stands at ₹55, implying an estimated listing gain of around 55.56% over the issue price if it holds until listing. This is up ₹11 from its previously recorded level. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, IC Electricals's IPO was subscribed 7.18x overall, with a category-wise breakdown of Retail 10.02x, QIB 0.11x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 06 Jul 2026 | ₹55.00 | +₹11.00 | 55.56% |
| 03 Jul 2026 | ₹44.00 | - | 44.44% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 2,400 | ₹2,37,600 |
| Retail Maximum | 2 Lot | 2,400 | ₹2,37,600 |
| S-HNI Minimum | 3 Lot | 3,600 | ₹3,56,400 |
| S-HNI Maximum | 8 Lot | 9,600 | ₹9,50,400 |
| B-HNI Minimum | 9 Lot | 10,800 | ₹10,69,200 |
IC Electricals IPO FAQs
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