GMP IPO Watch
Susan Electricals India IPO 2026: Electrical Solutions Company Set to Benefit from India's Infrastructure and Power Sector Growth
Susan Electricals India IPO is attracting investor interest as the company looks to expand...
Read Article
S
SME IPO
LISTED
NSE, BSE
SUSAN
Susan Electricals India IPO
Susan Electricals India IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
Live GMP Today
₹59
+46.5%
Est. Listing: ₹186.00
Price Band
₹120 - ₹127
Per equity share
Lot Size
1000 Shares
Min Invest: ₹2,54,000
Issue Size
₹127 Cr
Total Public Offering
Issue Dates
10 June 2026 – 14 June 2026
Bidding period
Subscription
16.37x
Total overall demand
Susan Electricals India IPO Details
Key facts at a glance| IPO Open Date | 10 June 2026 | IPO Close Date | 14 June 2026 |
|---|---|---|---|
| Basis of Allotment | TBA | Listing Date | 17 June 2026 |
| Price Band | ₹120 - ₹127 per share | Face Value | ₹10 per share |
| Market Lot Size | 1000 Shares | Min Investment (Retail) | ₹2,54,000 |
| Total Issue Size | ₹127 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | — | Offer for Sale (OFS) | — |
| Listing At | NSE, BSE | Issue Category | SME Issue |
| Registrar | TBA | ||
Susan Electricals India IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 10 June 2026 | Confirmed |
| IPO Close Date | 14 June 2026 | Confirmed |
| Basis of Allotment | TBA | Tentative |
| Initiation of Refunds | TBA | Tentative |
| Credit of Shares to Demat | TBA | Tentative |
| IPO Listing Date | 17 June 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5:00 PM on Closing Day | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
Susan Electricals India IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 2,000 Shares | ₹2,54,000 |
| Retail (Max) | 2 Lots | 2,000 Shares | ₹2,54,000 |
| S-HNI (Min) | 3 Lots | 3,000 Shares | ₹3,81,000 |
| S-HNI (Max) | 7 Lots | 7,000 Shares | ₹8,89,000 |
| B-HNI (Min) | 8 Lots | 8,000 Shares | ₹10,16,000 |
Susan Electricals India IPO Live GMP & Movement History
Daily unofficial grey market trends
Current Grey Market Premium
₹59 +46.5%
Estimated Listing Price
₹186.00
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 15 Jun 2026 | ₹64 | ₹191.00 | +50.39% |
| 12 Jun 2026 | ₹53 | ₹180.00 | +41.73% |
Disclaimer: Grey Market Premium (GMP) figures are purely unofficial and indicative rates traded in the unregulated grey market. GMP is highly volatile and does not guarantee the actual listing price. Always consult a SEBI registered investment advisor before bidding.
Susan Electricals India IPO Subscription Status
Demand breakdown by investor category
Retail
19.16x
QIB
7.31x
NII / HNI
—
Total
16.37x
About Susan Electricals India
Susan Electricals India IPO Reservation & Share Quotas
| Investor Category | Share Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 15,23,000 Shares | 27.48% |
| QIB (Ex. Anchor) | 10,16,000 Shares | 18.33% |
| NII Shares Offered | 7,65,000 Shares | 13.80% |
| Retail Shares Offered | 17,80,000 Shares | 32.12% |
Susan Electricals India IPO Anchor Investors
Susan Electricals IPO has reserved a portion of the issue for anchor investors. The anchor bidding process is scheduled before the IPO opening date and eligible institutional investors can participate through the anchor book.
| Particulars | Details |
|---|---|
| Anchor Bidding Date | June 10, 2026 |
| Anchor Investors List | |
| Shares Offered | 15,23,000 Shares |
| Anchor Size | ₹[.] Cr. |
| Lock-in Period End Date (50% Shares - 30 Days) | 2026 |
| Lock-in Period End Date (Remaining 50% Shares - 90 Days) | 2026 |
Susan Electricals India IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 11 Jun 2026 |
| IPO Close Date | 15 Jun 2026 |
| Basis of Allotment | - |
| Refunds | - |
| Credit to Demat Account | - |
| IPO Listing Date | 18 Jun 2026 |
Note: The timeline for সুসান ইলেকট্রিক্যালস ইন্ডিয়া IPO is tentative and subject to change.
Susan Electricals India Promoters and Shareholding Pattern
The promoters of Susan Electricals are Vishal Jain and Mahak Jain. The table below shows the promoter shareholding before and after the public issue.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 1,55,88,795 | 92.47% |
| Promoter Holding Post Issue | 2,03,30,795 | 66.97% |
Susan Electricals India Objects of the Issue & Utilisation of Proceeds
To Be Updated Soon
About Susan Electricals IPO
Since its establishment in 2007, Susan Electricals India has been a leading manufacturer of aluminium and copper-based electrical winding wires, conductors, and power cables. They manufacture winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors for overhead power distribution networks.
The firm makes power cables, including Low Tension (LT) Cables, PVC insulated cables, XLPE insulated cables, LT Aerial Bunched (AB) cables, and High Tension (HT) Cables in diverse specifications and sizes. Its clients are infrastructure, EPC companies, and businesses that operate in the electrical wires, cables, and conductors sectors. Its manufacturing facility is situated in Ghaziabad. While in FY25, the firm sold its products across 7 states, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka.
Susan Electricals India Company Financial Report
To Be Updated Soon
Susan Electricals India Company Valuation & Key Performance Indicators
To Be Updated Soon
Susan Electricals India Peer Group Comparison
To Be Updated Soon
Susan Electricals India Lead Managers & Merchant Bankers
- Seren Capital Pvt.Ltd.
Susan Electricals India IPO FAQs
Susan Electricals India IPO opens for subscription on 10 June 2026 and closes on 14 June 2026.
The price band for Susan Electricals India IPO is set at ₹120.00 to ₹127.00 per share.
The minimum market lot size is 1000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 2,000 Shares (₹2,54,000).
The latest Grey Market Premium (GMP) for Susan Electricals India IPO is ₹59.00. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for Susan Electricals India IPO is tentatively scheduled for TBA, and shares are expected to list on the stock exchanges on 17 June 2026.
The registrar details will be confirmed in the official prospectus.
Susan Electricals India IPO Analysis & Articles
