Susan Electricals India IPO
Susan Electricals India is a BSE SME IPO listed on the BSE SME platform, priced at ₹120–₹127 per share. The stock debuted at ₹186, delivering a listing gain of 46.5%. The IPO had a lot size of ₹1000 shares and a minimum investment of ₹2,54,000.
Susan Electricals India Limited IPO
- IPO Dates
- Jun 11, 2026 – Jun 15, 2026
- Price band
- ₹120-127 per equity share
- Minimum Investment
- ₹2,54,000
- Issue size
- ₹70.38 Cr
- Lot size
- 1000
- Allotment Date
- Jun 16, 2026
- Listing
- Jun 18, 2026
- Listing At
- BSE SME
IPO timeline
-
Jun 11, 2026
Open Date
Completed
-
Jun 15, 2026
Close Date
Completed
-
Jun 16, 2026
Allotment Date
Completed
-
Jun 18, 2026
Listing Date
Completed
Unofficial pre-listing indicator
Susan Electricals India IPO Final GMP Before Listing: ₹43
Susan Electricals India IPO's final recorded GMP before listing was ₹43 per share (a 34% premium over the ₹127 upper price band). The shares listed at ₹186. GMP is unofficial and does not forecast or guarantee the actual listing price.
- Final GMP
- ₹43
- GMP percentage
- 34%
- Upper price band
- ₹127
- Listing price
- ₹186
During the recorded period, Susan Electricals India IPO GMP ranged from ₹5 to ₹50.
Susan Electricals India IPO GMP trend (day-wise) 21 observations
| Date & time | GMP | Change | GMP % | Indicative price |
|---|---|---|---|---|
| ₹43 | +₹1 | 34% | ₹170 | |
| ₹42 | −₹5 | 33% | ₹169 | |
| ₹47 | −₹1 | 37% | ₹174 | |
| ₹48 | +₹1 | 38% | ₹175 | |
| ₹47 | +₹1 | 37% | ₹174 | |
| ₹46 | −₹2 | 36% | ₹173 | |
| ₹48 | −₹2 | 38% | ₹175 | |
| ₹50 | ₹0 | 39% | ₹177 | |
| ₹50 | ₹0 | 39% | ₹177 | |
| ₹50 | +₹3 | 39% | ₹177 |
Susan Electricals India IPO Subscription Details
View Subscription DetailsSusan Electricals India IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Susan Electricals India IPO Essentials
Susan Electricals India IPO Details
Susan Electricals India IPO is priced at ₹120-127 per share with a total issue size of 70.38 crore. The IPO has a lot size of 1000 shares and is listed on BSE SME.
- Issue price
- ₹120-127 per equity share
- Lot size
- 1000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 55,42,000 shares(agg. up to ₹70.38 Cr)
- Total issue size
- 55,42,000 shares
(aggregating up to ₹70.38 crore) - Fresh issue
- 47,42,000 shares
(aggregating up to ₹60.22 crore) - Offer for sale (OFS)
- 8,00,000 shares
(aggregating up to ₹10.16 crore) - Listing at
- BSE SME
- List price
- 186.0
- Listing date
- Registrar
- Mudra RTA Ventures Private Limited
- Lead manager
-
Seren Capital Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2,000 | ₹2,54,000 |
| Individual(max) | 2 | 2,000 | ₹2,54,000 |
| sHNI(min) | 3 | 3,000 | ₹3,81,000 |
| sHNI(max) | 7 | 7,000 | ₹8,89,000 |
| bHNI(min) | 8 | 8,000 | ₹10,16,000 |
Susan Electricals India IPO Reservation
Susan Electricals India IPO reservation details show category-wise allocation of shares. Out of the total 5542000 shares, approximately 18.33% are reserved for QIB, 13.8% for NII, 32.12% for retail investors, 8.26% for market maker, and 27.48% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 1523000 (27.48%) | |
| Market Maker Shares Offered | 458000 (8.26%) | |
| QIB Shares Offered | 1016000 (18.33%) | |
| NII (HNI) Shares Offered | 765000 (13.8%) | |
| bHNI > ₹10L | 510000 (9.39%) | 170 |
| sHNI < ₹10L | 255000 (4.85%) | 85 |
| Individual Shares Offered | 1780000 (32.12%) | 890 |
| Total Shares Offered | 5542000 (100%) |
Susan Electricals India IPO Analytics
Susan Electricals India IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Susan Electricals India IPO Subscription Status
Susan Electricals India IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 216.76x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Individual | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 10,16,000 |
7,65,000
5,10,000
2,55,000
|
17,80,000 | 35,61,000 |
|
Day 1
11-06-26 05:00 PM
|
7.01 x |
6.34x
6.96x
5.11x
|
4.79 x | 5.76 x |
|
Day 2
12-06-26 05:00 PM
|
7.31 x |
22.51x
25.49x
16.55x
|
19.16 x | 16.50 x |
|
Day 3
15-06-26 05:00 PM
|
142.65 x |
336.60x
389.97x
229.86x
|
207.56 x | 216.76 x |
|
Total No. of Applications
|
bHNI | sHNI | Individual |
|---|---|---|---|
| 2,27,301 (Approx) | 140.91x | 217.64x | 207.55x |
Susan Electricals India Valuations
Earnings
- EPS Pre IPO
- ₹11.70/-
- EPS Post IPO
- ₹8.97/-
- P/E Pre IPO
- 10.85
- P/E Post IPO
- 14.15
Returns
- ROE
- 64.64%
- ROCE
- 29.05%
- RoNW
- 47.42%
- PAT Margin
- 6.77%
Fundamentals
- Price / Book
- 5.15
- Market Cap
- ₹258.20 Cr.
Susan Electricals India Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 130.05 | 73.68 | 38.08 |
| Revenue | 269.96 | 136.05 | 103.59 |
| Profit After Tax | 18.25 | 5.65 | 0.76 |
| Net Worth | 38.48 | 17.98 | 6.21 |
| Reserves & Surplus | 22.89 | 12.96 | 3.23 |
| Total Borrowing | 66.72 | 45.27 | 24.79 |
Susan Electricals India Company & Offer Insights
About Susan Electricals India
Founded in 2007, Susan Electricals India Ltd. produces aluminium and copper winding wires, conductors, and power cables of different designs and gauges.
Some products manufactured by Susan Electricals India Ltd. include aluminium winding wires and strips for transformers, motors, alternators, coils, and other electrical appliances, and aluminium stranded conductors that find use in overhead electric power transmission.Susan Electricals India Ltd. also manufactures power cables like low tension (LT) cables, such as PVC and XLPE insulated cables (not exceeding 1.1 kV), which include LT Aerial Bunched (LT AB) cables and high tension (HT) cables employed in higher voltage power transmission systems.
Mainly, its clients include DISCOMs (distribution companies), infrastructure and EPC companies, and businesses in the electrical wires, cables, and conductors market.
Apart from being involved in manufacturing, Susan Electricals India Ltd. deals with trade in aluminium wires and rods used as major raw materials and offers jobwork in winding wires and strips.
The firm runs three production units in Ghaziabad, Uttar Pradesh, which includes Site-IV Industrial Area, Sahibabad, and SSGT Road. For the Financial year 2025, the company’s sales were in seven Indian states, comprising Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. The total number of full-time employees as of January 31, 2026, was 193.
Susan Electricals India Promoter(s)
Vishal Jain, Mahak Jain are the company's promoters of Susan Electricals India.
Susan Electricals India IPO Issue Objectives
- •
- Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh - ₹10.29 Cr.
- •
- Funding of Working Capital Requirements - ₹33.00 Cr.
- •
- General Corporate Purposes
Susan Electricals India IPO - Anchor Investors
Susan Electricals India Limited finalised its anchor investor allocation on June 10, 2026, raising ₹19.34 crore from 5 institutional investors at an anchor price of ₹127 per share. The anchor book comprises 15,23,000 equity shares allocated across non-mutual fund institutional investors. Motilal Oswal Finvest Limited received the largest allocation at 36.64%, followed by Sageone Flagship Growth OE Fund, Shine Star Build Cap Private Limited, and Vikasa India EIF I Fund at 19.37% each. ArthaSanchay Growth Fund received the remaining 5.25% of the anchor portion.
Contact Information
Contact Details
Susan Electricals India
+91 120-4331296
1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza, New Delhi - 110001.
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Susan Electricals India IPO is a book-built IPO worth ₹70.38 crore. The price band is ₹120–₹127 per share. The IPO opens on Jun 11, 2026 and closes on Jun 15, 2026. It will be listed on BSE SME Platform. Mudra RTA Ventures Private Limited is the registrar.
The price band of Susan Electricals India IPO is ₹120 to ₹127 per share.
The lot size of Susan Electricals India IPO is 1000 shares.
The minimum investment for Susan Electricals India IPO is approximately ₹2,54,000 based on the upper price band .
Susan Electricals India IPO opens on Jun 11, 2026 and closes on Jun 15, 2026.
The allotment date of Susan Electricals India IPO is Jun 16, 2026.
Susan Electricals India IPO is expected to be listed on Jun 18, 2026, on BSE SME Platform.
Susan Electricals India IPO's final recorded GMP before listing was ₹43 per share (a 34% premium over the ₹127 upper price band). The shares listed at ₹186. GMP is unofficial and does not forecast or guarantee the actual listing price.
Susan Electricals India IPO valuation snapshot: P/E 14.15, EPS ₹8.97/-, P/B 5.15, RoNW 47.42%, and market cap ₹258.20 Cr.
To apply for Susan Electricals India IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Susan Electricals India IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Susan Electricals India IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Susan Electricals India IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Susan Electricals India IPO allotment status on IPO Ji for quick and easy access.