- CEO
- Sunil Kumar Verma
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- New Delhi India
- IPO Date
- Jul 10, 2026
- Business
- IC Electricals Company Limited is an India-based electrical engineering and manufacturing company that designs, manufactures, and commissions specialized electrical equipment, power electronics, and turnkey electrification solutions primarily for the railway transportation sector. Founded in 2005 and headquartered in New Delhi, India, the company operates under a business-to-government and business-to-business model, serving the Indian Railways, zonal railway divisions, production units, and rolling stock manufacturers across India.
The company operates through two primary divisions: Equipment Manufacturing and Railway Electrification Contracts. Its core product and service portfolio comprises power electronics and control systems, including microprocessor-based control systems, electronic rectifier-cum-regulating units, vigilance control devices, constant voltage regulated and emergency battery chargers, static and automatic inverters, and microprocessor-based fault diagnostic systems; rotating electrical machinery, including brushless alternators, permanent magnet alternators with dedicated controllers, traction motors, and auxiliary alternating-current motors for electric locomotives; rolling stock auxiliary systems, including light-emitting diode emergency lighting units, passenger information systems, display boards, and automatic engine start-stop systems; and turnkey engineering, procurement, and construction services, including the design, material supply, erection, testing, and commissioning of 25-kilovolt alternating-current overhead equipment systems and traction power substations. Manufacturing operations and research and development activities are conducted at the company facility in Haridwar, Uttarakhand.
In recent corporate developments, the company converted from a private limited company into a public entity in September 2024, changing its legal name from IC Electricals Company Private Limited to IC Electricals Company Limited. In July 2026, the company successfully completed its initial public offering on the NSE Emerge platform of the National Stock Exchange of India, raising approximately 47.91 crore Indian rupees to fund working capital requirements and support operational expansion across its power electronics and railway electrification divisions.