Susan Electricals India Ltd.
SMEBSE₹120–127
₹ 70 Cr
2000 Shares
₹ 2,40,000
₹10
Financial Summary
| Particulars | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 1,04,28,68,943 | 78,37,90,540 | |
| 9,00,385 | 17,00,622 | |
| 1,04,37,69,328 | 78,54,91,162 | |
| 1,00,55,51,504 | 76,48,92,520 | |
| 1,24,11,801 | 70,03,467 | |
| 1,26,52,736 | 72,15,071 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
11 Jun 2026
IPO Offer Ends
15 Jun 2026
18 Jun 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding of Capital expenditure towards Expansion of existing Manufacturing Facility | 77.24 |
| 2 | Funding of Working Capital Requirements | 330 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
96.64%
Promoter stake
Post-IPO
66.97%
Promoter stake
Offered to Public
55,42,000
shares
Post Share Capital
1,36,15,535
shares
About the Company
We primarily supply our products to state-owned electricity distribution utilities (“DISCOMs”), private sector entities engaged in infrastructure development & EPC activities, as well as entities operating in the electrical wires, cables and conductor segment. Our products are primarily used in power distribution networks, transformer & motor winding applications, overhead distribution lines and underground cabling works. Our supplies to DISCOMs is undertaken pursuant to tender-based procurement processes, while supplies to EPC contractors and traders are made based on purchase orders and mutually agreed commercial terms.
Use of Proceeds
1. Funding of Capital expenditure towards expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh.2. Funding of Working Capital Requirements.3. General corporate purposes.
Susan Electricals India Ltd. Latest News
IPO FAQs
The Susan Electricals India Ltd. IPO has a total of ₹70 crore, calculated at the upper end of the .
The Susan Electricals India Ltd. IPO is priced at ₹120–127 per share. bids must fall within this , against a of ₹10 per share.
The for the Susan Electricals India Ltd. IPO is 2,000 shares, which is also the minimum order quantity — you have to apply for at least 2,000 shares, and in multiples of 2,000 beyond that.
The minimum investment in the Susan Electricals India Ltd. IPO is about ₹2,40,000 — one lot of 2,000 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Susan Electricals India Ltd. opens on 11 Jun 2026 and closes on 15 Jun 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Susan Electricals India Ltd. shares were listed on 18 Jun 2026 on BSE.
Mudra RTA Ventures Pvt Ltd. is the for the Susan Electricals India Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 91-9958808069 and email ipo@mudrarta.com.
Susan Electricals India Ltd. IPO shares are listed on BSE.
Each Susan Electricals India Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 96.64% of Susan Electricals India Ltd. before the IPO, which falls to 66.97% after the issue.
55,42,000 shares of Susan Electricals India Ltd. are being offered to the public in this issue.
The Susan Electricals India Ltd. IPO has been subscribed 192.06x overall — 142.65x, 210.55x and 207.56x.
figures update through the issue period until it closes.
- 1.Funding of Capital expenditure towards expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
- 2.Funding of Working Capital Requirements
- 3.General corporate purposes
Seren Capital Pvt Ltd. is the book running lead manager for the Susan Electricals India Ltd. IPO.
Pre-apply means placing your Susan Electricals India Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Susan Electricals India Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Susan Electricals India Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.