Susan Electricals India
UPCOMINGIPO Date: 11 Jun - 15 Jun 2026
Listing Date: 18 Jun 2026
Price Range
₹120 to ₹127
Issue Size
70 Cr
Min Investment
₹1,20,000
Lot Size
1000 Shares
Schedule of Susan Electricals India
Issue open date
11 Jun 2026
Issue close date
15 Jun 2026
UPI mandate deadline
15 Jun 2026 (5 PM)
Allotment finalization
16 Jun 2026
Share credit
17 Jun 2026
Listing date
18 Jun 2026
Mandate end date
30 Jun 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 70 Cr |
| Fresh Issue | 0.47 Cr |
| Offer for Sale | 0.08 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 16 Jun 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 9 Jun 2026 | ₹127 | ₹15 | ₹142 (11.81%) |
| 8 Jun 2026 | ₹127 | ₹0 | ₹127 (0%) |
Performance Susan Electricals India
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| ₹120 to ₹127 | .... | .... | .... |
About Susan Electricals India
Susan Electricals India Limited is an Indian manufacturer of aluminium and copper-based electrical winding wires, conductors, and power cables. The company offers LT cables, HT cables, aerial bunched (AB) cables, aluminium conductors, and winding wires and strips used in power distribution and electrical infrastructure projects. Its customer base includes state-owned DISCOMs, EPC contractors, and businesses operating in the power transmission and distribution sector. In addition to manufacturing, the company also undertakes trading of aluminium wires and rods and provides job-work services related to wire processing. The company operates multiple manufacturing facilities in the Delhi NCR region and focuses on serving India's growing power infrastructure market.
| Founded in | 2007 |
| Managing director | Vishal jain |
| Parent organization |
Financial Overview
Strengths
- Strong presence in the power distribution ecosystem with supplies to government DISCOMs and EPC contractors.
- Diversified product portfolio covering cables, conductors, winding wires, and allied electrical products.
- Manufacturing facilities equipped to serve growing infrastructure and power sector demand.
- Long operating track record with established relationships in the electrical transmission and distribution market.
Risks
- Significant dependence on government and utility-sector orders, which may lead to revenue concentration.
- Raw material price volatility in aluminium and copper can impact profit margins.
- Highly competitive wires and cables industry with the presence of larger organized players.
- Working capital requirements can remain high due to inventory holding and project-based business cycles.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |