Biocon Electric files IPO with SEBI for BSE, NSE listing

Biocon Electric, an Indian electrical products company, has filed for an IPO with SEBI offering 59 lakh shares — 48 lakh fresh and 11 lakh via offer-for-sale. Funds will cover ₹62.57 crore in working capital. Founded in 2019, the company reported ₹196.73 crore revenue in FY2026, up 38%, with a 7.19% profit margin.