IC Electricals IPO Subscription Status
Final figures at close of bidding: 15 Jul 2026, 12:00 am IST
| Category | Subscription |
|---|---|
| QIB | 241.75x |
| NII | 764.38x |
| Retail (RII) | 372.5x |
| Total | 420.09x |
Bidding day 5
Day-wise subscription
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 | 0.11x | 9.91x | 9.91x | 7.12x |
| Day 2 | 0.11x | 9.91x | 9.91x | 7.12x |
| Day 3 | 0.11x | 9.91x | 9.91x | 7.12x |
| Day 4 | 3.12x | 91.34x | 92.56x | 66.87x |
| Day 5 | 241.75x | 764.38x | 372.5x | 420.09x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
The IC Electricals book was built over 5 days: overall subscription stood at 7.12× at the close of day 1, read 7.12× at the end of day 2, read 7.12× at the end of day 3, read 66.87× at the end of day 4, and finished at 420.09× on day 5. On the final day it was non-institutional investors (NII) driving the book, at 764.38× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 5, when the overall multiple moved from 66.87× to 420.09×.
Category detail
Qualified institutional buyers took their portion to 241.75×. Non-institutional investors came in at 764.38×. Retail investors put in bids for 372.5× the shares reserved for them. That puts non-institutional investors (NII) at the top of the book at 764.38× and qualified institutional buyers (QIB) at the bottom at 241.75×.
What the multiple means for allotment
With retail subscription at 372.5×, applications in that category exceeded the shares available to it by a factor of about 372.5. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,18,800 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the IC Electricals IPO open and close?
- The IC Electricals IPO opens on 3 Jul 2026 and closes on 7 Jul 2026.
- How many times was the IC Electricals IPO subscribed?
- The IC Electricals IPO was subscribed 420.09 times in total across all investor categories.
- What is the reservation split in the IC Electricals IPO?
- Of the total shares offered, retail investors get 35.08%, QIBs 19.97% (plus 29.76% anchor), non-institutional investors 15.19%.