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Susan Electricals India Limited

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SUSANSME IPO· BSE
Prospectus (DRHP) More info

Price Band

₹120 – ₹127

Lot Size

1000 shares

Min ₹1,27,000

Issue Size

₹70 Cr

GMP (Grey Market)

₹43 (33.9%)

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About Susan Electricals India Limited

Susan Electricals India Limited is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors and cables in various specifications, sizes and configurations. Its product portfolio includes low tension (LT) cables, LT aerial bunched (AB) cables, high tension (HT) cables, winding aluminium wires and strips, winding copper wires and strips, and aluminium conductors. The company primarily supplies its products to state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables and conductors segment. Its products are used in power distribution networks, transformer and motor winding applications, overhead distribution lines and underground cabling projects. Revenue is generated mainly through the manufacture and sale of these products. In addition, the company undertakes trading of aluminium wires and rods and provides job work services related to the processing of winding wires and strips for customers.

Issue Details
IPO Open Date11 Jun 2026
IPO Close Date15 Jun 2026
Basis of Allotment16 Jun 2026
Refunds Initiation17 Jun 2026
Listing Date18 Jun 2026
Face Value—
Fresh Issue—
Offer for Sale—
Minimum Investment (Retail)₹1,27,000
RegistrarMudra RTA Ventures Private...check allotment ↗
Lead ManagersSeren Capital Pvt.Ltd.
IPO Timeline

  1. Issue open date

    11 Jun 2026

  2. Issue close date

    15 Jun 2026

  3. UPI mandate deadline

    15 Jun 2026

  4. Allotment finalization

    16 Jun 2026

  5. Refund initiation

    17 Jun 2026

  6. Share credit

    17 Jun 2026

  7. Listing date

    18 Jun 2026

  8. Mandate end date

    30 Jun 2026

  9. Lock-in end date for anchor investors (50%)

    15 Jul 2026

  10. Lock-in end date for anchor investors (remaining)

    13 Sept 2026

Strengths
  • Manufactures a diversified range of electrical wires, cables and conductors for multiple applications.
  • Supplies products to DISCOMs, EPC contractors and private-sector customers across India.
  • Holds BIS licenses and ISO certifications for quality, environmental and safety management systems.
  • Has a geographically diversified customer base across several Indian states.
  • Led by an experienced promoter with over two decades of industry experience.
Risks
  • A significant portion of revenue depends on government-owned electricity distribution companies (DISCOMs).
  • The business relies on winning and executing government and institutional tenders.
  • Revenue is dependent on a limited number of customers, making customer concentration a risk.
  • The company faces intense competition from existing and potential players in the industry.
  • Failure to execute expansion and growth strategies could adversely affect business performance.
Subscription Status

Updated 15 Jun 2026, 6:56 pm

QIB142.65x
NII (HNI)336x
Retail207.56x
Total216.63x
Grey Market Premium

Updated 16 Jul 2026, 7:45 pm

₹43

Estimated listing: ₹170 (33.9% over upper band)

GMP is unofficial and indicative only. It is not a reliable predictor of listing price.

Frequently asked questions — Susan Electricals India Limited IPO

What is the price band of Susan Electricals India Limited IPO?

The price band of the Susan Electricals India Limited SME IPO is ₹120 – ₹127 per share with a lot size of 1000 shares.

When does Susan Electricals India Limited IPO open and close?

Susan Electricals India Limited SME IPO opens on 11 Jun 2026 and closes on 15 Jun 2026. Allotment is expected on 16 Jun 2026.

What is the GMP of Susan Electricals India Limited IPO today?

The latest grey market premium (GMP) for Susan Electricals India Limited is ₹43 (about 33.9% over the upper price band). GMP is indicative only and not investment advice.

What is the minimum investment for Susan Electricals India Limited IPO?

The minimum investment for Susan Electricals India Limited is ₹1,27,000 (1 lot = 1000 shares).

How do I check Susan Electricals India Limited IPO allotment status?

Allotment for Susan Electricals India Limited is expected on 16 Jun 2026. Check your Susan Electricals India Limited allotment on the registrar (Mudra RTA Ventures) or the BSE "Status of Issue Application" page using your PAN, application number or DP/Client ID.

When will Susan Electricals India Limited IPO list?

Susan Electricals India Limited SME IPO is expected to list on 18 Jun 2026 on the SME exchange.

What is the issue size of Susan Electricals India Limited IPO?

The total issue size of the Susan Electricals India Limited SME IPO is ₹70 Cr.

Check allotment on our IPO allotment status page, or track live IPO GMP.