Susan Electricals India Ltd. IPO

Min Investment
₹ 1,27,000 / 1000 shares
Price Range
₹120 - ₹ 127
Bidding Dates
11 Jun '26 - 15 Jun '26
Total Issue Value
70.38 Cr
Lot Size
1,000
Total Issue Size
70.38 Cr
Listing At
NSE SME
Subscription
193.17 times
BSE Price
227.25 (78.94%)

IPO Timeline

  • 11 Jun 2026
    Bidding Starts
  • 15 Jun 2026
    Bidding Ends
  • 16 Jun 2026
    Allotment Finalization
  • 18 Jun 2026
    Listing

About Susan Electricals India Ltd.

We are engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors and cables in various specifications, sizes and configurations. Under the cables segment, we manufacture low tension (LT) cables, including Low Tension Aerial Bunched (LT AB) cables (up to 1.1 kV), High Tension (HT) cables of specified voltage grades and Medium Voltage Covered Conductor (“MVCC”) Cables. Under the wires and conductors segment, our offerings include winding aluminium wires and strips, winding copper wires and strips and aluminium conductors, manufactured in accordance with prescribed specifications.

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.

Read More
Parent organisation
Founded
Susan Electricals India Ltd.
2007

Susan Electricals India Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 15,23,000 (27.48%)
Market Makers 4,58,000 (8.26%)
Non Institutional Investors 7,65,000 (13.8%)
Qualified Institutional Buyers (QIBs) 25,39,000 (45.81%)
Retail Individual Investors (RIIs) 17,80,000 (32.12%)

Susan Electricals India Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 269.96 Cr 18.25 Cr 22.89 Cr
31 Mar 2025 136.05 Cr 5.65 Cr 12.96 Cr
31 Mar 2024 103.59 Cr 75.58 Lakh 3.23 Cr

Susan Electricals India Ltd. Background

Major Events And Milestones
  • 2007
    Incorporation of our Company as “Suvish Insulation Private Limited” under the Companies Act, 1956 and established a manufacturing facility at Ghaziabad, Uttar Pradesh for manufacturing of Copper and Aluminium Winding wires and strips used in power transformers.
  • 2010
    The name of our Company was changed from “Suvish Insulation Private Limited” to “Susan Electricals India Private Limited”
  • 2015
    Received the first government contract from Madhyanchal Vidyut Vitran Nigam Limited
  • 2024
    Launched Low- Tension (LT) Cable Division
    Establishment of Manufacturing Unit -II at Plot No. 18/27, Site-4, Sahibabad, Industrial Area, Ghaziabad- 201010, Uttar Pradesh
    Crossed revenue of Rs. 100 Cr in the FY 2023-24.
  • 2025
    Conversion of Company into Limited Company
    Launched High- Tension (HT) Cable division.
    Establishment of Manufacturing Unit -III at Plot No. 18/31, Site-4, Sahibabad, Industrial Area, Ghaziabad- 201010, Uttar Pradesh
Susan Electricals India Ltd. Object of Issues

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. IPO Listing Details
Listing Date
18 Jun 2026
ISIN
INE2L0V01019
Final Issue Price
₹ 127
Susan Electricals India Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 127.00 -
Open ₹ 186.00 -
Low ₹ 180.60 -
High ₹ 195.30 -
Last Trade ₹ 195.30 -
Susan Electricals India Ltd. Company Promoters

1. Vishal Jain
2. Mahak Jain

Industry Overview

The Electrical Wires, Cables, and Power Conductors Industry constitute a defined segment within India's electrical equipment manufacturing landscape and corresponds to the manufacture of insulated wires and cables under NIC 27320. The industry focuses on the design and production of copper and ... Read more

Susan Electricals India Ltd. Contact Details
Address: 1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza, New Delhi Delhi - 110001
Phone no:4331296
4331296
|
Susan Electricals India Ltd. IPO Registrar
Mudra RTA Ventures Pvt. Ltd.
B-117, 3rd Floor, DDA Shed, Okhla Industrial Area, Phase-1, New Delhi Delhi - 110020
9958808069
Susan Electricals India Ltd. IPO Lead Manager(s)
Seren Capital Pvt. Ltd.
Office no. 601 to 605, Raylon Arcade, Kondivita, J.B. Nagar, Mumbai Maharashtra - 400059.
46011058

FAQs

When does Susan Electricals India Ltd. IPO opens and closes?

Susan Electricals India Ltd. IPO opens from 11th June to 15th June 2026.

What is the size of Susan Electricals India Ltd. IPO?

The size of the Susan Electricals India Ltd. IPO is ₹70.38 Cr.

What is the price range of Susan Electricals India Ltd. IPO?

The price range of Susan Electricals India Ltd. IPO is at ₹120 to ₹127 per share.

What is the minimum investment and lot size required for the Susan Electricals India Ltd. IPO?

The minimum investment required is ₹1,27,000 and minimum lot size is 1000 shares.

When is Susan Electricals India Ltd. IPO listing date?

The Susan Electricals India Ltd. IPO will be listed on 18th June 2026.

What is the objective of Susan Electricals India Ltd. IPO?

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

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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