New Delhi, July 8 -- The initial public offering (IPO) of IC Electricals saw overwhelming investor participation, and attention has now turned to the IPO allotment date, which is expected to be finalised today, July 8, 2026. The SME IPO has received a robust response from the investors as the issue was booked over 420 times on the final day of bidding. The price band for the IPO is set between Rs.94 and Rs.99 per share.

The issue was open for subscription from July 3 to July 7. With the allotment likely to be completed today, the company is gearing up for its listing on Friday, July 10. IC Electricals shares are set to debut on NSE SME.

Once the basis of allotment is determined today, equity shares will be credited to the demat accounts...