IC Electricals IPO
Railway Electronics - Listed on 10 July 2026
IC Electricals IPO listing summary
IC Electricals (Railway Electronics) closed its IPO window in 2026 and listed on NSE and BSE on 10 July 2026 at an upper band issue price of Rs 99 (+76.1% on closing basis). The IPO was subscribed 6.60x overall - QIB -, HNI/NII -, Retail -. The total issue size was Rs 47.91 Cr (Fresh Issue Rs 47.91 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
IC Electricals IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 34 | +34.34% |
| Day 2 | Rs 34 | +34.34% |
| Day 3 | Rs 34 | +34.34% |
| Day 4 | Rs 43 | +43.43% |
| Day 5 | Rs 44 | +44.44% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the IC Electricals IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
IC Electricals IPO - FAQs
What was the listing gain of IC Electricals IPO?
IC Electricals IPO listed on 10 July 2026. Full listing price details are listed above.
How many times was IC Electricals IPO subscribed?
IC Electricals IPO was subscribed 6.60x overall. QIB portion was subscribed -, HNI / NII - and Retail -.
What was the IPO GMP for IC Electricals?
IPO GMP started at Rs 34 on Day 1 and moved to Rs 44 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.