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IPO Index

Susan Electricals India SME IPO Details 2026

SME Book Build Listed
Electric Equipments
BSE SME
Price Band
₹120 - ₹127
Issue Size
₹70.38 Cr
Lot Size
1,000 shares
Min. Investment
₹1,27,000
Live GMP ₹43
33.86% Est. Listing: ₹170
IPO Timeline
DRHP FILED February 28, 2026
OPEN June 11, 2026
CLOSE June 15, 2026
ALLOTMENT June 16, 2026
LISTING June 18, 2026

Susan Electricals India

Company overview & key insights

The Susan Electricals India IPO size is ₹70.38 crore, including a fresh issue of ₹60.22 crore and an offer for sale of ₹10.16 crore. It is a book building issue. The IPO issue opens on June 11, 2026 and closes on June 15, 2026. The share allotment is expected on June 16, 2026, and the listing date is June 18, 2026. Susan Electricals India Ltd. is based in New Delhi and operates in the Electric Equipments sector. It filed its DRHP on 28th Feb 2026 and will list its shares on BSE SME. Mudra RTA Ventures Private Limited is the registrar, while Seren Capital Pvt.Ltd. serves as the merchant banker for the offer.

susan electricals india ipo

IPO Highlights

Key details & important dates

IPO Details

Total Issues ₹70.38 Cr
Fresh Issue ₹60.22 Cr
Offer for Sale ₹10.16 Cr
IPO Price Band ₹120 - ₹127
Face Value ₹10 per share
Lot Size 1,000 shares
Listed On BSE SME

IPO Dates

DRHP Filed February 28, 2026
Issue Open June 11, 2026
Issue Close June 15, 2026
Allotment Date June 16, 2026
Refunds Initiation June 17, 2026
Credit of Shares June 17, 2026
Listing Date June 18, 2026

IPO Issue Structure

Reservation & Lot Size Details

The company has reserved shares for various investor categories. The Retail Shares reservation is 35.01% (17,80,000 shares), and QIB has % (25,39,000 shares). Further, the minimum lot size is 2,000 shares for retail investors because they need to apply for a minimum of 2 lots. The anchor investor reservation is % ( shares), and the market maker reservation is 8.26% (4,58,000 shares).

IPO Reservation

QIB 25,39,000 (-%)
Anchor Investor – (-%)
QIB (Ex. Anchor) – (-%)
NII (HNI) 7,65,000 (15.05%)
bNII > ₹10L – (-%)
sNII < ₹10L – (-%)
Retail 17,80,000 (32.12%)
Employee 4,58,000 (approx. ₹6 Cr)
Shareholder 55,42,000 (100.00%)

IPO Lot Size

Retail (Min)
2 | 2,000 Shares
₹2,54,000
Small Investor Quota
Retail (Max)
2 | 2,000 Shares
₹2,54,000
Retail Investment Limit
S-HNI (Min)
3 | 3,000 Shares
₹3,81,000
Small HNI (₹2L – ₹10L)
S-HNI (Max)
7 | 7,000 Shares
₹8,89,000
Small HNI (Up to ₹10 L)
B-HNI (Min)
8 | 8,000 Shares
₹10,16,000
Big HNI (Above ₹10L)

IPO Documents & GMP

Prospectus & Grey Market Premium

On 31st Dec 2025 the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

Live

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares.

Track live GMP Today

Financial Performance (₹ in Cr)

Period Ended31-Dec-2531 Mar 202531 Mar 202431 Mar 2023
Total Income153.74135.73103.4877.34
Profit After Tax7.925.650.750.4
EBITDA16.2912.33.742.01
Net Worth28.1517.986.213.28
Assets121.0573.6738.0833.58
Total Debt74.0445.2524.7814.71

Key Performance Indicator

Particulars31-Dec-25FY25FY24FY23
EBITDA Margin (%)10.69.063.612.6
PAT Margin (%)5.154.160.720.52
EPS (₹)5.13
ROE (%)28.1331.4212.0812.2
ROCE (%)14.5417.469.478.48
ROA (%)6.547.671.971.19
Debt to Equity (x)2.632.523.994.48

IPO Financial Snapshot

Objectives & Key Metrics

IPO Objectives

Funding of Capital expenditure towards Expansion of existing Manufacturing Facility ₹7.72 Cr.
Funding of Working Capital Requirements ₹33.00 Cr.
General Corporate Purposes ₹0.00 Cr.
Total Fund Requirement ₹40.72 Cr.

IPO Key Metrics

Pre IPO EPS
3.63
Earnings Per Share
Post IPO EPS
5.19
Earnings Per Share
Pre IPO P/E
Price to Earnings
Post IPO P/E
Price to Earnings
Market Capitalization

Susan Electricals India Ltd. Company Details

Company Profile · Overview

Susan Electricals India Ltd. started its business in 2007. The company operates in the Electric Equipments sector. It manufactures electrical winding wires, conductors, and power cables for the electrical distribution and infrastructure market. The team provides job work services to clients. Its main office is in New Delhi. It serves multiple customers every year. The firm employs 193 workers in various departments.

Main Offerings

Winding wires and strips for transformers and motors.
Aluminium stranded conductors for overhead power distribution networks.
Low tension and high tension power cables for power distribution systems.
Trading of aluminium wires and rods.

Key Strengths

Established relationship with state-owned electricity distribution utilities.
Diverse product portfolio of wires, conductors, and cables.
Three operational manufacturing facilities in Ghaziabad, Uttar Pradesh.
Strong financial growth with revenue expansion across multiple states.
Company Address: 1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza, New Delhi, New Delhi, 110001. 0120-4331296 / office@seil.net.in
Intermediaries
Registrar
Mudra RTA Ventures Private Limited
+919870297591
ipo@mudrarta.com
Lead Manager
Seren Capital Pvt.Ltd.
Market Maker
-
RESERVATION 4,58,000 shares (agg. up to ₹6 Cr)
Promoters
Promoter Group
Vishal Jain Mahak Jain

Frequently Asked Questions

5 FAQs
What is the Susan Electricals India IPO?

Susan Electricals India IPO offers 55,42,000 equity shares (₹70.38 crore) priced between ₹120 and ₹127, opening on June 11, 2026, and closing on June 15, 2026. The bidding starts on June 11, 2026. Investors can apply till June 15, 2026.

What are Susan Electricals India IPO Issue details?

The company set the price between ₹120 and ₹127 per share. The minimum retail lot size requires you to purchase 2,000 shares.

Who handles the share registry for Susan Electricals India IPO?

Mudra RTA Ventures Private Limited is the official registrar managing the application data.

Where will Susan Electricals India IPO shares list after the process?

The management plans to list the shares on the BSE SME platform.

When will the refund process start for unallotted buyers?

The bank will start releasing the blocked application money on June 17, 2026.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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