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
Overall Subscription
216.76x
Total Demand
QIB Multiplier
142.65x
Institutions & Funds
NII / HNI
336.60x
High Net-Worth
Retail (RII)
207.56x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,016,000 | 144,937,000 | 142.65x |
| NIB | 765,000 | 257,498,000 | 336.60x |
| HNIs(10L +) | 510,000 | 198,884,000 | 389.97x |
| HNIs (2-10L) | 255,000 | 58,614,000 | 229.86x |
| RETAIL | 1,780,000 | 369,450,000 | 207.56x |
| Total | 4,326,000 | 1,029,383,000 | 216.76x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 129 | 0.00x |
| NIB | — | 42,453 | 0.00x |
| RETAIL | 890 | 184,725 | 207.56x |
| EMPLOYEES | — | — | 0.00x |
| HNIs(10L +) | 170 | 31,854 | 187.38x |
| HNIs (2-10L) | 85 | 19,539 | 229.87x |
| Shareholder | — | — | 0.00x |
| Total Applications | 1,145 | 278,700 | 243.41x |
Day-Wise Subscription Progress
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 is the issue size and price band for Susan Electricals India Limited IPO?
The Susan Electricals India Limited IPO aggregate issue size is ₹55,42,000 Crores with an equity price band set at ₹120 to ₹127 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,27,000.
How can I check Susan Electricals India Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
Where will Susan Electricals India Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Mudra RTA Ventures Private Limited) and the BSE status verification website on or around 2026-06-16.