SME • IPO

Susan Electricals India IPO (Bse Sme) IPO

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Minimum Investment

₹127,000

Price Range

₹120 to ₹127

Lot Size

1000 shares

Issue Size

₹70 Cr

About the Company

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.

Issue Type

BSE SME

IPO Objectives

  • Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
  • Funding of Working Capital Requirements
  • General corporate purposes

Important Dates

Bid/Offer Opens On11-06-2026
Bid/Offer Closes On15-06-2026
Finalisation of Basis of Allotment16-06-2026
Initiation of Refunds17-06-2026
Credit of Shares to Demat17-06-2026
IPO Listing Date18-06-2026

IPO Subscription Status

Subscription snapshot as of 15-06-2026 23:55 IST.
Category Offered Shares Applied Shares Times
QIB 1,016,000 144,937,000 142.65x
NII 765,000 257,498,000 336.60x
NII ( >10 lakh) 510,000 198,884,000 389.97x
NII ( <10 lakh) 255,000 58,614,000 229.86x
Retail 1,780,000 369,450,000 207.56x
Total 3,561,000 771,885,000 216.76x

Grey Market Premium (GMP)

₹54.00 per share

Last updated 15-06-2026 21:10

Registrar

Mudra RTA Ventures Private Limited

Lead Managers

  • Seren Capital Pvt.Ltd.

Company Promoters

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