Susan Electricals India Limited
ListedSMEIndustrials · BSE
Established in 2007, Susan Electricals India Ltd. manufactures aluminium and copper-based winding wires, conductors, and power cables in different sizes and specifications. Its products are widely used in transformers, motors, alternators, and power distribution systems, including overhead networks and LT and HT cables. The company mainly serves customers like government electricity distribution companies, infrastructure and EPC firms, and businesses in the electrical sector. Apart from manufacturing, it also trades aluminium wires and rods used as raw materials and offers job work services for processing winding wires. The company runs three manufacturing units in Ghaziabad, Uttar Pradesh, and supplies its products across multiple states in India. As of 31 January 2026, it has around 193 permanent employees.
Price Band
₹120 – ₹127
Issue Size
₹554.20 L Cr
Lot Size
1000 shares
GMP
₹38
+29.9%
Est. Listing
₹165
at current GMP
Subscribed
216.76x
overall
Open
11 Jun 2026
Close
15 Jun 2026
Allotment
16 Jun 2026
Refund
17 Jun 2026
Demat Credit
18 Jun 2026
Listing
18 Jun 2026
Last updated 3 months ago
Official Registrar Verification
Susan Electricals India Limited Allotment Status
Designated Registrar: Mudra RTA Ventures Private Limited
Allotment Date
16 Jun 2026
Basis finalization
Refunds Initiate
17 Jun 2026
Mandate release
Demat Credit
18 Jun 2026
Shares in demat
Listing Debut
18 Jun 2026
Trading begins
How to Check Susan Electricals India Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Mudra RTA Ventures Private Limited's allotment portal.
- Select Susan Electricals India Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Susan Electricals India Limited Public Issue & Market Profile
Susan Electricals India Limited is bringing an initial public offering (IPO) in the Industrials sector with an aggregate issue size of ₹55,42,000 Crores. The shares are offered at a price band of ₹120 to ₹127 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,27,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Mudra RTA Ventures Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-06-18, while un-allotted funds or UPI block mandates will be released on 2026-06-17.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.