Biocon Electric IPO (DRHP filed)
Biocon Electric Limited filed its draft red herring prospectus with SEBI on 30 Sep 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- DRHP Filed
- DRHP filed
- 30 Sep 2026
- Days since
- 31
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
Biocon Electric IPO status
Biocon Electric Limited filed its draft red herring prospectus (DRHP) with SEBI on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 30 Sep 2026 |
|---|---|
| Days since filing | 31 |
| SEBI observation | Awaited |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
Biocon Electric Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹144.64 Cr to ₹198.17 Cr, and profit after tax rose from ₹11.5 Cr to ₹14.14 Cr. The PAT margin for 31 Mar 2026 was 7.14%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 170.46 | 153.36 | 133.06 |
| Total Income | 198.17 | 144.64 | 137.50 |
| Profit After Tax | 14.14 | 11.50 | 11.00 |
| EBITDA | 25.64 | 21.80 | 19.53 |
| Net Worth | 65.92 | 51.68 | 40.09 |
| Reserve & Surplus | 60.92 | 46.68 | 35.09 |
| Total Borrowings | 73.23 | 75.73 | 65.88 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 24.05 | 25.06 | 31.82 |
| ROCE % | 12.19 | 11.41 | 13.65 |
| Debt / Equity | 1.11 | 1.47 | 1.64 |
| RoNW % | 21.45 | 22.25 | 27.44 |
| Pat Margin % | 7.19 | 8.06 | 8.06 |
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding working capital requirements of the Company | 62.57 |
| 2 | General Corporate Purposes | — |
| Total | 62.57 |
About Biocon Electric Limited
Incorporated in 2019, Biocon Electric is a branded, diversified, multi-category electrical products company engaged in the manufacturing, processing, assembly, marketing and distribution of a wide range of electrical and electronic products under the “BIOCON” brand. Its product portfolio caters to residential, commercial, industrial and infrastructure applications and comprises PVC-insulated wires and tapes, lighting solutions, electrical switches and accessories, miniature circuit breakers (MCBs), residual current circuit breakers (RCCBs), other switchgear products and electrical appliances. The company has developed a portfolio of over 1,500 SKUs across various specifications, sizes, configurations and applications.
The company follows a flexible operating model that combines in-house manufacturing, processing and finishing, assembly and testing, as well as third-party sourcing, depending on the requirements of each product category. It currently operates three facilities located in Delhi, Ghaziabad, Uttar Pradesh, and Vasai, Maharashtra. In addition, the company operates a dedicated assembly and testing unit and a packaging and ancillary operations unit, both located in Vasai, Maharashtra.
As of March 31, 2026, the company’s distribution network comprised 1,915 non-exclusive channel partners, including 1,531 dealers and 384 distributors, with a presence across 25 states and 4 union territories. The network is supported by 15 storage facilities and depots, which are managed directly as well as through 4 Carrying and Forwarding (C&F) partners and 4 Commission Stockist Agents. This distribution infrastructure enables the company to efficiently service and distribute its products across its target markets.
As of June 30, 2026, the company had a total workforce of 490 employees across various functions.
Promoters
Prakash Chand Jain
Ranjeet Kumar Jain
Praveen Kumar Jain
Vikram Kumar
Milap Chand Jain
Contact details
Biocon Electric Limited
Plot No-15B, Khasra No 4/24/1
J.R Complex Gate No 4,
Main Road Sewa Dham
Mandoli Industrial Area
Delhi, New Delhi, 110093
Telephone: +919311316572
E-mail:compliance@bioconelectric.in
Website: https://www.bioconelectric.in/
Biocon Electric IPO FAQs
- Has Biocon Electric IPO filed for an IPO?
- Biocon Electric Limited filed its draft red herring prospectus (DRHP) with SEBI on 30 Sep 2026.
- When will the Biocon Electric IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the Biocon Electric IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.