Susan Electricals India Limited SME IPO: Price, GMP, Dates & Review

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Susan Electricals India Limited IPO
SE
Susan Electricals India Limited IPO
Electrical Winding Wires · Power Cables & Conductors · Ghaziabad Facilities · DISCOM Vendor Approvals
📋 SME IPO Fresh Issue cum OFS BSE SME
₹127
Upper Price
₹70.38 Cr
Issue Size
Jun 18, 2026
Listing Date
₹258.20 Cr
Market Cap
📅 IPO Timetable
All dates tentative
🟢
IPO Opens
Thursday, 11 June 2026
Bidding starts — apply before close
🔒
IPO Closes
Monday, 15 June 2026
Last day to bid — closes at 5:00 PM IST
📊
Tuesday, 16 June 2026
Allotment finalised by registrar
🔄
Wednesday, 17 June 2026
Unallotted funds returned; shares credited to demat
🏷️
Thursday, 18 June 2026
Trading begins from 10:00 AM IST
📋 IPO Details
IPO Open Date11 June 2026 (Thu)
IPO Close Date15 June 2026 (Mon)
Listing Date18 June 2026 (Thu)
Face Value₹10 per share
Price Band₹120 to ₹127
Issue Price (Upper Band)₹127 per share
Issue TypeBook Build — Fresh cum OFS
Lot Size1,000 shares
Total Issue Size55,42,000 shares (₹70.38 Cr)
Fresh Issue47,42,000 shares (₹60.22 Cr)
Offer for Sale8,00,000 shares (₹10.16 Cr)
Market Maker Shares4,58,000 shares (₹6 Cr)
Pre-Issue Shares1,55,88,795
Post-Issue Shares2,03,30,795
Promoter Holding (Pre)92.47%
Lead ManagerSeren Capital Pvt.Ltd.
💰 Lot Size & Minimum Investment
At upper price ₹127
Investor TypeLotsSharesAmount
Retail — Minimum & Maximum22,000₹2,54,000
S-HNI (sNII) — Min33,000₹3,81,000
S-HNI (sNII) — Max77,000₹8,89,000
B-HNI (bNII) — Min88,000₹10,16,000
⚠️ SME IPO Note: Minimum application for retail is 2 lots (2,000 shares = ₹2,54,000). Retail maximum limit is also 2 lots. Lot size is 1,000 shares; bids must be in multiples thereof.
👥 Investor Reservation
Total 55,42,000 shares
49.94%
QIB Portion
25,39,000 shares
35.01%
Retail (RII)
17,80,000 shares
15.05%
NII / HNI
7,65,000 shares
💡 Quota Highlights: Anchor Investor portion included in QIB is 15,23,000 shares. The market maker allocation stands firm at 4,58,000 shares.
📊 Live Subscription Status
Awaiting Bidding
Subscription data will be available once bidding begins on June 11, 2026. Check back for live updates from 10:00 AM IST.
📈 Company Financials
Restated · ₹ Crore
Metric31 Mar 202631 Mar 202531 Mar 2024
Total Assets130.0573.6838.08
Total Income269.96136.05103.59
PAT18.255.650.76
EBITDA32.0812.003.64
Net Worth38.4817.986.21
Total Borrowing66.7245.2724.79
Income Performance
FY 2024–25₹136.05 Cr
FY 2025–26₹269.96 Cr
🎯 Key Performance Indicators
64.64%
ROE
FY 2025–26
29.05%
ROCE
FY 2025–26
6.77%
PAT Margin
FY 2025–26
47.42%
RoNW
FY 2025–26
11.91%
EBITDA Margin
FY 2025–26
5.15x
Price/Book
FY 2025–26
⚖️ Valuation & EPS
Pre-IPO EPS
₹11.70
FY26 earnings / pre-issue shares
P/E: 10.85x
Post-IPO EPS
₹8.97
FY26 earnings / post-issue shares
P/E: 14.15x
Price to Book Value
5.15x
At upper price band (FY26 book)
Market Cap (Post-IPO)
₹258.20 Cr
At upper price band ₹127
ℹ️ Pre-IPO EPS (₹11.70) based on pre-issue shareholding (1,55,88,795) and FY26 earnings. Post-IPO EPS (₹8.97) based on post-issue shareholding (2,03,30,795) and FY26 earnings.
🎯 Objects of the Issue
Net proceeds utilisation
1
Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
₹10.29 Cr
2
Funding of Working Capital Requirements
₹33.00 Cr
Total Tracked Project Target ₹43.29 Cr
🏢 About Susan Electricals India Limited
Est. 2007 · New Delhi · Industrial Products

Susan Electricals India Limited is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors, and power cables in various specifications, sizes, and configurations.

The company’s core asset portfolio features winding wire strips optimized for transformer engineering, low tension PVC/XLPE cables, and HT components built for high-grade distribution grids. It manages production lines out of three manufacturing facilities in Ghaziabad, Uttar Pradesh (Site-IV Industrial Area, Sahibabad, and SSGT Road), and services a geographic matrix scaling across multiple Indian states.

Competitive Strengths
✅Multi-state vendor registrations and approvals with DISCOMs
📍Strong access to government and utility tender distribution segments
📋Well-positioned to leverage RDSS infrastructure and rural electrification projects
👨‍💼Established technical capabilities and stringent quality compliance standards across networks
Company Promoters
VJ
Vishal Jain
Promoter, Susan Electricals India Limited
MJ
Mahak Jain
Promoter, Susan Electricals India Limited
📅 Key Dates
IPO Opens11 June 2026
IPO Closes15 June 2026
Allotment16 June 2026
Refund & Share Credit17 June 2026
Listing Day18 June 2026
💡 Quick Summary
Price Band₹120 – ₹127
Issue Price₹127 / share
Lot Size1,000 shares
Min. Investment (Retail)₹2,54,000 (2 lots)
Issue Size₹70.38 Cr
ListingBSE SME
🏦 Registrar & Lead Manager
Registrar
Mudra RTA Ventures Private Limited
📞 +919870297591
[email protected]
Lead Manager
Seren Capital Pvt.Ltd.
📍 Registered Address
Susan Electricals India Ltd.
1703, Nirmal Tower,
26, Barakhamba Road, Connaught Plaza,
New Delhi, New Delhi — 110001
📞 0120-4331296
[email protected]
🛡️ Regulatory Note: SME IPO investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Susan Electricals India IPO RHP for informational purposes only. It does not constitute investment advice. IPO investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.
📊
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