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HomeIPOSusan Electricals India

About Susan Electricals India

Founded in 2007, Susan Electricals India Ltd. produces aluminium and copper winding wires, conductors, and power cables of different designs and gauges. Some products manufactured by Susan Electricals India Ltd. include aluminium winding wires and strips for transformers, motors, alternators, coils, and other electrical appliances, and aluminium stranded conductors that find use in overhead electric power transmission.Susan Electricals India Ltd. also manufactures power cables like low tension (LT) cables, such as PVC and XLPE insulated cables (not exceeding 1.1 kV), which include LT Aerial Bunched (LT AB) cables and high tension (HT) cables employed in higher voltage power transmission systems. Mainly, its clients include DISCOMs (distribution companies), infrastructure and EPC companies, and businesses in the electrical wires, cables, and conductors market. Apart from being involved in manufacturing, Susan Electricals India Ltd. deals with trade in aluminium wires and rods used as major raw materials and offers jobwork in winding wires and strips. The firm runs three production units in Ghaziabad, Uttar Pradesh, which includes Site-IV Industrial Area, Sahibabad, and SSGT Road. For the Financial year 2025, the company’s sales were in seven Indian states, comprising Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. The total number of full-time employees as of January 31, 2026, was 193.

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Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

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SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Susan Electricals India

Susan Electricals India

Open Date

Jun 11, 2026

Close Date

Jun 15, 2026

listed

Min Investment

₹2,54,000

Lot Size

1000 Shares

Issue Size

₹70.38 Cr

Price Range

₹120 - ₹120

Listing Date

Jun 18, 2026

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Revenue Growth

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Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹43(+33.86%)GMP
16.93%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Susan Electricals India IPO - Issue Objectives

The company will use ₹10.29 crore for expansion of its existing manufacturing facility The company will use ₹33 crore for working capital requirements of business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Capital expenditure

17.1%

Working capital

54.8%

General corporate purposes

28.1%

1

Capital expenditure

The company will use ₹10.29 crore for expansion of its existing manufacturing facility

17.10%
2

Working capital

The company will use ₹33 crore for working capital requirements of business.

54.80%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

28.10%

IPO Subscription Status

QIB
142.65x
NII
336.60x
Individual
207.56x
Total
216.76x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Susan Electricals India

In Cr.

Contact Details

Susan Electricals India

1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza, New Delhi - 110001.

+911204331296
office@seil.net.in
https://www.seil.net.in

Susan Electricals India IPO - FAQs

Susan Electricals India IPO is a SME IPO. The issue is priced at 120-₹127. The minimum order quantity is 1000 Shares. The IPO opens on 11 Jun, and closes on 15 Jun. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-06-10
  • Bidding Starts2026-06-11
  • Bidding Ends2026-06-15
  • Allotment Finalisation2026-06-16
  • Release of Funds2026-06-17
  • Demat Transfer2026-06-17
  • Listing2026-06-18