IC Electricals Company IPO Subscription Status

NSE SME
Minimum investment
₹ 2,37,600 2400 shares
View IPO details

Data sourced from NSE · Compiled by IPO Ji · IPO subscription data last updated

Total 420.16x·QIB 241.75x·NII 764.72x·Individual 372.50x

≈ 1 in 373 individual allotmentslim allotment chance

Based on individual subscription by applications (372.50×), approximately 1 in 373 individual applications may receive an allotment. Final allotment is decided by the registrar’s computerised lottery.

IC Electricals Company Limited SME IPO was subscribed 420.16x in total when bidding closed on Jul 7, 2026, with 241.75x in the QIB category, 764.72x in NII, 372.5x in individual across NSE. This represents a strong oversubscription, reflecting heavy investor demand; a high subscription figure does not guarantee listing gains, and allotment follows the applicable category and exchange rules. The issue ran from Jul 3, 2026 to Jul 7, 2026 at a price band of ₹94–₹99 per share. Allotment was finalised on Jul 8, 2026.

QIB241.75xNII764.72xIndividual372.50xTotal420.16x1x
Times subscribed by category against the 1× fully-subscribed line (bars capped at 10×).
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Subscription Details (No. of Shares)

Category Offer Applied Times
QIBs 918000 221930400 241.75
NIIs 698400 534082800 764.72
BNIIs (>10L) 464400 435246000 937.22
SNIIs (<10L) 234000 98836800 422.38
Individual 1612800 600768000 372.5
Total 3229200 1356781200 420.16
Total Applications3,13,006 approx.

Application Wise Breakup (Approx.)

Category Reserve Applied Times
BNIIs (>10L) 129 38,247 296.49
SNIIs (<10L) 65 24,290 373.69
Individual 672 2,50,320 372.5
Total Applications3,13,006 approx.

Subscription Details (In Crores)

Category Offered Demand Times
QIBs 9.09 2197.11 241.75
FIIs - 404.21 -
DIIs - 225.07 -
Mutual Funds - 15.68 -
Others - 1552.16 -
NIIs 6.91 5287.42 764.72
BNIIs (>10L) 4.6 4308.94 937.22
SNIIs (<10L) 2.32 978.48 422.38
Individual 15.97 5947.6 372.5
TOTAL 31.97 13432.13 420.16

Day-wise subscription

Total subscription trend7.12x to 420.16x+413.04x
0.00x420.16x1x7.12xDay 166.87xDay 2420.16xDay 3
As on QIB
NII
bHNI
sHNI
Individual Total
Day 1
3 Jul 2026
5:00 PM
0.11x
9.91x
10.51x
8.72x
9.90x 7.12x
Day 2
6 Jul 2026
5:00 PM
3.12x
91.68x
99.49x
76.18x
92.41x 66.87x
Day 3
7 Jul 2026
5:00 PM
241.75x
764.72x
937.22x
422.38x
372.50x 420.16x

Subscription by number of applications

Anticipated subscription based on the number of applications received (an alternative to the shares-based figures above), sourced from NSE.

CategoryTimes (by applications)
bHNI296.49x
sHNI373.69x
Individual372.50x

What this means for allotment & listing

Because IC Electricals Company closed oversubscribed, applicants were not guaranteed full allotment. In oversubscribed issues, shares are allotted according to the applicable category and exchange rules, so applicants are not guaranteed full allotment once an issue is oversubscribed. The number of times each category is subscribed is one indicator of demand, alongside the company's fundamentals and the broader market.

A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice. Investors should read the company's prospectus and consult a SEBI-registered adviser before making any decision.

Listed at NSE SME · Registrar: Skyline Financial Services Pvt.Ltd. · Bidding data sourced from the NSE public-issue platform under SEBI ICDR regulations.

IPO subscription status shows how many times an issue has been applied for, compared with the shares on offer, broken down by Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII), and the Retail or SME Individual Investor category. A figure of "2x" means investors applied for twice the shares available. See how IPO subscription works and track all live IPOs →

IC Electricals Company IPO subscription FAQs

IC Electricals Company Limited IPO was subscribed 420.16x at close on Jul 7, 2026, with 241.75x in QIB, 764.72x in NII, 372.5x in individual.

Yes. IC Electricals Company IPO was subscribed 420.16x, meaning investors applied for 420.16x the number of shares on offer.

Based on individual subscription by applications (about 372.50x), approximately 1 in 373 individual applications may receive an allotment. This is an estimate — the final allotment is decided by the registrar's computerised lottery, and the odds can change while bidding is open.

The IC Electricals Company IPO allotment was finalised on Jul 8, 2026. You can check your allotment status by PAN or application number on the registrar's website or on IPO Ji.

IC Electricals Company IPO has a price band of ₹94–₹99 per share, with a minimum individual investor application of ₹2,37,600 for 2400 shares.

It means investors have applied for X times the number of shares the company is offering. For example, 5x means demand was five times the shares available. A figure above 1x is called oversubscription; below 1x is undersubscription.

No. The higher an issue is oversubscribed, the lower each applicant’s chance of allotment. SME shares are allotted according to the applicable Individual Investor, NII and exchange rules, so oversubscription does not guarantee full allotment.

QIB covers qualified institutions. Under the current SME IPO framework, an Individual Investor applies for the minimum application size of two lots above ₹2 lakh, while applicants bidding for more than two lots are classified in the NII category. Each category has its own reserved portion and allotment rules.

IPO Ji updates subscription figures through the bidding day using data sourced from NSE. The "Last updated" time shown on the page reflects the most recent refresh.

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