IPO - Initial Public Offerings

 SUSAN

  

SUSAN ELECTRICALS INDIA LTD. IPO

11 Jun, 10:00 AM

Issue Open

15 Jun, 05:00 PM

Issue Close

1000

Lot Size

₹ 120.00 – ₹ 127.00

Price Range

IPO Issue Details

Issue size 70.00 Cr
Market Price 127.00
Registrar Mudra RTA Ventures Private Limited
Face Value RS.10 /- Per share
Listing at BSE

About

SUSAN ELECTRICALS INDIA LTD. IPO
Incorporated in 2007, Susan Electricals India Ltd. 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 product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors used in overhead power distribution networks. The company also manufactures power cables, including low tension (LT) cables such as PVC and XLPE insulated cables (up to 1.1 kV), including Low Tension Aerial Bunched (LT AB) cables, and high tension (HT) cables used in higher-grade power distribution systems. Its customers primarily include state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables, and conductors segment. In addition to manufacturing activities, the company undertakes trading of aluminium wires and rods used as key raw materials and also provides job work services related to the processing of winding wires and strips. The company operates three manufacturing facilities in Ghaziabad, Uttar Pradesh, located at Site-IV Industrial Area, Sahibabad, and SSGT Road. During Fiscal 2025, it sold its products across 7 states in India, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. As of January 31, 2026, the company had 193 permanent employees.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2000 ₹ 2,54,000.00
Retail (Max) 2 2000 ₹ 2,54,000.00
S-HNI (Min) 3 3000 ₹ 3,81,000.00
S-HNI (Max) 8 8000 ₹ 10,16,000.00
B-HNI (Min) 9 9000 ₹ 11,43,000.00

IPO TimeLine

Open Date 11-Jun-2026
Close Date 15-Jun-2026
Basis of Allotment Date 16-Jun-2026
Initiation of Refunds 17-Jun-2026
Credit Shares to Demat A/c 17-Jun-2026
IPO Listing Date 18-Jun-2026