Susan Electricals India IPO Details
Susan Electricals India IPO Summary
Susan Electricals India IPO opens for subscription on 11 Jun 2026 and closes on 15 Jun 2026.The IPO will be listed on BSE with the tentative listing date set for 18 Jun 2026.
Susan Electricals India IPO price band has been fixed at ₹120 – ₹127 per share. The face value is ₹10 per share with a lot size of 1000.
Susan Electricals India IPO total issue size comprises 55,42,000 shares (aggregating up to ₹70.38 Cr). This includes a fresh issue of 47,42,000 shares (aggregating up to ₹60.22 Cr). Offer for Sale consists of 8,00,000 shares (aggregating up to ₹10.16 Cr). Pre-issue shareholding stands at 1,55,88,795, which will increase to 2,03,30,795 post-issue.
Susan Electricals India IPO carries a ₹50 (39.37%) GMP, reflecting investor sentiment.
Susan Electricals India IPO Lot Size :Individual Minimum is 2 lots (2,000 shares) amounting to ₹254,000. Individual Maximum is 2 lots (2,000 shares) amounting to ₹254,000. SHNI Minimum is 3 lots (3,000 shares) amounting to ₹381,000. SHNI Maximum is 7 lots (7,000 shares) amounting to ₹889,000. BHNI Minimum is 8 lots (8,000 shares) amounting to ₹1,016,000.
Susan Electricals India IPO Details
Susan Electricals India IPO Subscription
Susan Electricals India IPO Application Wise Breakup
Susan Electricals India IPO Dates
- 11 Jun 2026Opening dateOpen
- 15 Jun 2026Closing dateClose
- 16 Jun 2026Allotment Date Allotment
- 17 Jun 2026Initiation of RefundsRefund
- 17 Jun 2026Credit of SharesCredit
- 18 Jun 2026Listing dateListing
Susan Electricals India IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2000 | ₹254,000 |
| Individual Maximum | 2 | 2000 | ₹254,000 |
| SHNI Minimum | 3 | 3000 | ₹381,000 |
| SHNI Maximum | 7 | 7000 | ₹889,000 |
| BHNI Minimum | 8 | 8000 | ₹1,016,000 |
Susan Electricals India IPO Reservation
Promoter Holding
Documents
Susan Electricals India IPO Valuations
Susan Electricals India Financial Information
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 121.06 | 73.68 | 38.08 | 33.58 |
| Total Income | 154.12 | 136.05 | 103.59 | 77.56 |
| Profit After Tax | 7.93 | 5.65 | 0.76 | 0.40 |
| EBITDA | 15.93 | 12.00 | 3.64 | 1.80 |
| NET Worth | 28.16 | 17.98 | 6.21 | 3.28 |
| Reserves and Surplus | 12.57 | 12.96 | 3.23 | 1.03 |
| Total Borrowing | 74.05 | 45.27 | 24.79 | 14.71 |
| Amount in ₹ Crore | ||||
About Susan Electricals India 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 a variety of specifications, sizes, and configurations.
The company’s product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment. It also manufactures aluminium stranded conductors that are widely used in overhead power distribution networks.
In addition, the company produces a range of 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, as well as High Tension (HT) cables used in higher-capacity power distribution systems.
Susan Electricals India Ltd. primarily caters to state-owned electricity distribution utilities (DISCOMs), infrastructure and engineering, procurement and construction (EPC) companies, and businesses operating in the electrical wires, cables, and conductors sector.
In addition to its manufacturing operations, the company also undertakes the trading of aluminium wires and rods used as key raw materials and provides job work services related to the processing of winding wires and strips.
The company operates three manufacturing facilities located in Ghaziabad, Uttar Pradesh, situated at Site-IV Industrial Area, Sahibabad and SSGT Road.
During Fiscal 2025, the company sold its products across seven states in India, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka.
As of January 31, 2026, Susan Electricals India Ltd. had 193 permanent employees.
Strength Of Susan Electricals India IPO
- Vendor registrations and approvals across multiple states, supporting tender participation with government entities.
- In-House Manufacturing facilities supported by quality certifications.
- Geographically dispersed customer base.
- Experienced Promoter having domain knowledge.
Risk Of Susan Electricals India IPO
- We derive a major portion of our revenue from Government customers, particularly state-owned electricity distribution utilities ("DISCOMs"), and any reduction in Government expenditure, adverse changes in procurement policies or failure to secure tenders may adversely affect our business, financial condition, results of operations and cash flows.
- We derive a significant portion of our revenue from the sale of our key product, namely Low Tension ("LT") cables. Any decline in demand for LT cables could have an adverse effect on our business, results of operations and financial condition.
- We have recently commenced manufacturing of Low Tension (LT) cables in Fiscal 2023-24 and High Tension (HT) cables in Fiscal 2025-26 and given our limited operating history in these product categories, we may face operational, technical and commercial challenges that could adversely affect our business, financial condition, results of operations and future growth prospects.
- Majority of our revenue is derived from a limited number of customers, and any reduction in orders from such customers may adversely affect our business, financial condition, results of operations and cash flows.
- Our Company had negative cash flows in the past, details of which are given below. Sustained negative cash flow could impact our growth and business.
- We derive a significant portion of our revenue from trading activities, which is a relatively low-margin and competitive business and may expose us to risks that could adversely affect our financial performance.
- We are dependent on the performance of the cables market and any adverse changes in the conditions affecting the cables market can adversely impact our business, financial condition, results of operations, cash flows and prospects.
- We have significant power and fuel requirements and any disruption to power sources could increase our production costs and adversely affect our results of operations and cash flows.
- We are significantly dependent on a limited number of suppliers for procurement of our raw materials, with which we do not have any long-term agreements and any disruption in supply or volatility in raw material prices may adversely affect our business, financial condition, results of operations and cash flows.
- There have been certain discrepancies, errors and delays in filings relating to forms submitted with the Registrar of Companies ("RoC") under the provisions of the Companies Act, 2013/1956 and the rules made thereunder. In addition, certain historical corporate secretarial records are presently untraceable. Any penalty or action taken by any regulatory authorities in future, for non-compliance with provisions of corporate and other law could impact the reputation and financial position of the Company to that extent.
Objectives Susan Electricals India IPO
1. Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh
2. Funding of Working Capital Requirements
3. General corporate purposes
4. Total
Company Contact Details
1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza
New Delhi, New Delhi , 110001
Phone: 0120-4331296
Email: office@seil.net.in
Website: https://seil.net.in/
Registrar Contact Details
Susan Electricals India FAQs
The Susan Electricals India IPO is a SME public issue comprising 5542000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹70.38 Cr. The issue price has been fixed at ₹127 per equity share, and the minimum application size is 1000 shares.
The IPO opens for subscription on 11 Jun 2026, and closes on 15 Jun 2026.
Mudra RTA Ventures Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹50 (39.37%).
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