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Susan Electricals India Ltd
Closed BSE SME Bookbuilding IPO

Susan Electricals India Ltd IPO

GMP Today
+₹50
+39%
Issue Price
₹127
Est. Listing: ₹177
IPO Overview
Quick facts
Issue Price
₹127
Lot Size
1,000 shares
Min. Investment
₹127,000
Issue Size
55,42,000 shares (agg. up to ₹70 Cr)
Face Value
₹10
Issue Type
Bookbuilding IPO
Listing Exchange
BSE SME
Script Code
Important Dates
IPO Open
11 Jun 2026
Done
IPO Close
15 Jun 2026
Done
Allotment
16 Jun 2026
Done
Refund Init.
17 Jun 2026
Done
Demat Credit
17 Jun 2026
Done
Listing Date
18 Jun 2026
Done
Susan Electricals India Ltd Stock Price
BSE
Open
High
Low
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Data via Yahoo Finance · For informational use only
Subscription Allocation
Category Shares Offered Lots Amount (₹)
QIB (Qualified Institutional) 1016000 ₹—
NII / HNI (Non-Institutional) 765000 3 ₹3,81,000
Retail (Individual) 1780000 2 ₹2,54,000
Market Maker 4,58,000 ₹—
Fresh Issue 42,84,000 shares (agg. up to ₹54 Cr) ₹—
OFS (Offer for Sale) 8,00,000 shares of ₹10 (agg. up to ₹10 Cr) ₹—
Minimum Application Size
Investor Type Lots Shares Amount (₹)
Retail (Min 1 Lot) 2 2,000 ₹2,54,000
HNI — sHNI 3 3,000 ₹3,81,000
Subscription Status
Final
Metric QIB NII Retail Total
Subscription 142.65 336.00 207.56 216.63
Shares 1016000 765000 1780000 3561000
Bids 144937000 257040000 369450000 771427000
Financial Highlights

Amount in ₹ Crore

Metric 31 Mar 2026 31 Mar 2025 31 Mar 2024
Revenue 269136103
PAT 1850
EBITDA 32123
Net Worth 38176
Total Assets 1307338
Reserves 22123
Borrowings 664524
ROE
64
ROCE
29
RONW
47
PAT Margin
6
EBITDA Mgn
11
P/B Value
5
Pre EPS
11
Post EPS
8
Pre P/E
10
Post P/E
14
Objects of Issue
  • Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
  • Funding of Working Capital Requirements
  • General corporate purposes
About Susan Electricals India Ltd

Incorporated in 2007, Susan Electricals India Ltd. is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors, and power cables in various specifications, sizes, and configurations.

The company’s product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors used in overhead power distribution networks.

The company also manufactures power cables, including low tension (LT) cables such as PVC and XLPE insulated cables (up to 1.1 kV), including Low Tension Aerial Bunched (LT AB) cables, and high tension (HT) cables used in higher-grade power distribution systems.

Its customers primarily include state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables, and conductors segment.

In addition to manufacturing activities, the company undertakes trading of aluminium wires and rods used as key raw materials and also provides job work services related to the processing of winding wires and strips.

The company operates three manufacturing facilities in Ghaziabad, Uttar Pradesh, located at Site-IV Industrial Area, Sahibabad, and SSGT Road. During Fiscal 2026, it sold its products across 7 states in India, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka.

As of April 30, 2026, the company had 216 permanent employees.

Competitive Strengths:

  • Multi-state vendor registrations and approvals with DISCOMs.
  • Strong access to government and utility tender opportunities.
  • Well-positioned to benefit from RDSS and rural electrification projects.
  • Established technical capabilities and quality compliance standards.
  • Wide geographic presence supporting scalable business growth.
Apply for This IPO
₹127
Min. ₹127,000 · 1,000 shares/lot
Expected Listing ₹177
GMP +₹50 (+39%)
Close Date 15 Jun 2026
Check Allotment
Pre-Issue
1,55,88,795 shares
Post-Issue
2,03,30,795 shares
Company Contact
Registrar
Mudra RTA Ventures Private Limited
  • +919870297591
  • ipo@mudrarta.com
Lead Managers
  • Seren Capital Pvt.Ltd
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