Susan Electricals India IPO Details
The Susan Electricals India IPO is a book build issue with a total issue size of ₹70 cr, comprising of fresh issue of 4284000 equity shares., and a offer for sale of 800000 equity shares. Susan Electricals India IPO opened for subscription on Jun 11, 2026 and closed on Jun 15, 2026. Susan Electricals India IPO is set price band at ₹120 to ₹127 per share, with a lot size of 1000 shares. Minimum investment for Retail investors was ₹254,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 16, 2026, and listed on both the NSE and BSE on Jun 18, 2026.
**Mudra RTA Ventures Private Limited ** has been appointed as the registrar. Seren Capital Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Susan Electricals India IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 120 – 127
- Lot Size
- 1000
- Issue Size
- ₹70 Cr
- Minimum Investment
- ₹254000 (2000 Shares)
- Listing Date
- 18 June 2026
Current GMP
₹43 (+33.86%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Susan Electricals India Limited
Incorporated in 2007, Susan Electricals India Limited is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors, and power cables across a wide range of specifications, sizes, and configurations.
The company's product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment. It also manufactures aluminium stranded conductors that are widely utilized in overhead power transmission and distribution networks.
Additionally, the company produces a variety of power cables, including Low Tension (LT) cables such as PVC and XLPE insulated cables (up to 1.1 kV), LT Aerial Bunched (AB) cables, and High Tension (HT) cables designed for higher-voltage power distribution applications.
Susan Electricals primarily serves state-owned electricity distribution companies (DISCOMs), infrastructure developers, EPC contractors, and businesses operating in the electrical wires, cables, and conductors industry.
Apart from its manufacturing operations, the company is involved in the trading of aluminium wires and rods, which serve as key raw materials for its products. It also provides job-work services related to the processing of winding wires and strips.
The company operates three manufacturing facilities located in Ghaziabad, Uttar Pradesh, situated at Site-IV Industrial Area, Sahibabad, and SSGT Road. During Fiscal 2025, Susan Electricals marketed and sold its products across seven Indian states, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka.
As of January 31, 2026, the company employed 193 permanent personnel, supporting its manufacturing, trading, and operational activities.
Susan Electricals India IPO Promoters
- Vishal Jain
- Mahak Jain
Promoters Holding
Holding Pre Issue
92.47%
Holding Post Issue
66.97%
Susan Electricals India IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of Capital expenditure towards expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
- Utilization towards Working Capital Requirements
- General Corporate Purposes
Address / Contact Info
Susan Electricals India Ltd. Address
1703, Nirmal Tower,
26, Barakhamba Road,
Connaught Plaza
New Delhi, New Delhi, 110001
E-mail: office@seil.net.in
Tel No: 0120-4331296
Website:https://seil.net.in/
IPO Snapshot
Book Running Lead Managers
- Seren Capital Private Limited
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Susan Electricals India IPO is a Book-building IPO with a total issue size of ₹70 crore. The Susan Electricals India IPO price band is ₹120 to 127 per share. The Susan Electricals India IPO subscription opens on Thu, Jun 11, 2026, and closes on Mon, Jun 15, 2026. The Susan Electricals India IPO will be listed on the BSE. Mudra RTA Ventures Private Limited is the registrar for the Susan Electricals India IPO.
The Susan Electricals India IPO opens on Thu, Jun 11, 2026 and closes on Mon, Jun 15, 2026
Susan Electricals India IPO Price Band is ₹120 to 127 per share.
Susan Electricals India IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹254000 based on the upper price band
The minimum investment for Susan Electricals India IPO is ₹254000, based on one lot of 1000 shares at the upper price band of ₹127 per share.
Investors can apply for the Susan Electricals India IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Jun 15, 2026. The application amount remains blocked until the Susan Electricals India IPO allotment is finalized.
Susan Electricals India IPO issue size is ₹70 crores.
Susan Electricals India IPO allotment date is Wed, Jul 1, 2026.
The registrar for Susan Electricals India IPO is Mudra RTA Ventures Private Limited . Investors can go to Mudra RTA Ventures Private Limited website to check Susan Electricals India IPO allotment status, refund processing, and other IPO-related information.
The Susan Electricals India IPO GMP (Grey Market Premium) is ₹43 as of Thu, Jun 18, 2026. Based on the upper price band of ₹127 per share, the estimated Susan Electricals India IPO listing price is ₹170, indicating a potential listing gain of approximately 0% over the issue price.