IC Electricals IPO vs Somaya Solar Solutions IPO

Comparison between IC Electricals IPO and Somaya Solar Solutions IPO.

IPO Details

IC Electricals IPO is a SME Bookbuilding IPO proposed to list at NSE SME while Somaya Solar Solutions IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of IC Electricals IPO is up to ₹45.51 Cr whereas the issue size of the Somaya Solar Solutions IPO is up to ₹0.00 Cr. The final issue price of IC Electricals IPO is ₹99.00 per share and of Somaya Solar Solutions IPO is .

 IC Electricals IPOSomaya Solar Solutions IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹94.00 per share
Issue Price (Upper)₹99.00 per share
Issue Price (Final)₹99.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size45,97,200 shares8,93,000 shares
Fresh Issue Size (Amount)up to ₹45.51 Crup to ₹0.00 Cr
OFS Issue Size0 shares0 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total45,97,200 shares8,93,000 shares
Issue Size Total (Amount)up to ₹45.51 Crup to ₹0.00 Cr

IPO Timetable

IC Electricals IPO opens on Jul 03, 2026, while Somaya Solar Solutions IPO opens on . The closing date of IC Electricals IPO and Somaya Solar Solutions IPO is Jul 07, 2026, and , respectively.

Financials & KPIs

IC Electricals IPO P/E ratio is 9.42, as compared to Somaya Solar Solutions IPO P/E ratio of .

 IC Electricals IPOSomaya Solar Solutions IPO
Financials

Company Financials (Restated Consolidated)

IC Electricals Co.Ltd.'s revenue increased by 18% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets193.44160.04143.89
Total Income143.81122.3999.75
Profit After Tax14.109.414.62
EBITDA25.6618.3412.14
NET Worth65.7451.7133.22
Reserves and Surplus50.2036.1227.11
Total Borrowing75.4255.7947.81
Amount in ₹ Crore

Company Financials (Restated Standalone)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets19.379.623.54
Total Income23.8914.4511.47
Profit After Tax2.691.200.14
EBITDA3.561.500.28
NET Worth4.171.480.28
Reserves and Surplus4.161.470.27
Total Borrowing7.222.821.20
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)82.9289.90
Promoter Shareholding (Post-Issue)60.94
P/E Ratio9.42
Market Cap₹180.79 Cr.
ROE23.8895.14
ROCE18.1831.48
Debt/Equity1.131.73
EPS₹10.50₹10.92
RoNW23.8895.14

Shares Offered

In the IC Electricals IPO Retail Individual Investors (RII) are offered 16,12,800 shares while in Somaya Solar Solutions IPO retail investors are offered 16,12,800 shares. Qualified Institutional Buyers (QIB) are offered 9,18,000 shares in IC Electricals IPO and 1,75,000 shares in Somaya Solar Solutions IPO.

 IC Electricals IPOSomaya Solar Solutions IPO
Anchor Investor Reservation13,68,000 shares2,63,000 shares
Market Maker Reservation2,42,400 shares48,000 shares
QIB9,18,000 shares1,75,000 shares
NII6,98,400 shares1,42,000 shares
RII16,12,800 shares3,13,000 shares
Employee0 shares0 shares
Others
Total45,97,200 shares8,93,000 shares

Bids Received (Subscription)

IC Electricals IPO subscribed 295.08x in total, whereas Somaya Solar Solutions IPO subscribed .

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IC Electricals IPO Vs Somaya Solar Solutions IPO