Susan Electricals India Limited IPO
Susan Electricals India Limited IPO
SME BSE SME 100% Book Built Offer
Upcoming

Price Band

₹120 - ₹127

Total Issue

₹70 Cr

Bid Dates

11 Jun - 15 Jun

Subscription

-

Est. GMP

₹13 (10.24%)

Website RHP Check Allotment

Valuation

Market Cap

₹258.20 Cr

P/E Ratio

10.62x

P/B Ratio

5.15x

Susan Electricals IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Conflicting IPOs

IPOs with overlapping timeline

Business Overview

Susan Electricals India Limited is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors and cables in various specifications, sizes and configurations. Under the cables segment, the Company manufactures Low Tension (LT) cables including Aerial Bunched (AB) cables, High Tension (HT) cables of specified voltage grades, and Medium Voltage Covered Conductor (MVCC) cables. Under the wires and conductors segment, its offerings include winding aluminium and copper wires and strips, and aluminium conductors. The Company primarily supplies products to state-owned electricity distribution utilities (DISCOMs), private sector entities engaged in infrastructure development and EPC activities, and other entities in the wires and cables segment. It operates three manufacturing facilities at Ghaziabad, Uttar Pradesh, with an aggregate installed capacity of 3,307.50 tonnes per annum of winding wires/strips and 7,500 km per annum of HT, LT and MVCC cables. The Company holds BIS and ISO certifications and supplies across 14 states and 1 Union Territory in India.

Susan Electricals IPO Lot Size

Lot Information for Susan Electricals IPO
Category Lots Shares Amount
Ind (Min) 2 2,000 ₹2,54,000
Ind (Max) 2 2,000 ₹2,54,000
S-HNI (Min) 3 3,000 ₹3,81,000
S-HNI (Max) 7 7,000 ₹8,89,000
B-HNI (Min) 8 8,000 ₹10,16,000
Allocate Funds
Market Maker
₹4.58 L
Employee
₹0.00
Shareholder
₹0.00

Susan Electricals IPO Size

Total ₹70.38 Cr
Fresh Issue
₹60 Cr (0.47 Cr Shares)
Offer For Sale
₹10 Cr (0.08 Cr Shares)
Promoters₹10 Cr

Objects of the Issue

Funding of Capital expenditure towards Expansion of existing Manufacturing Facility at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh

₹10.29 Cr

Funding of Working Capital Requirements

₹33.00 Cr

General corporate purposes & issue expenses

₹16.93 Cr

Total

₹60.22 Cr

Susan Electricals IPO IPO Details Live GMP

GMP ₹13
Est. Price ₹140
Est. Gain 10.24%

Susan Electricals IPO Peer Comparison

(Rs. in crores)

Susan Electricals IPO Peer Comparison Table
Particulars Susan Electricals Prime Cable Industries Divine Power Energy V-Marc India
Revenue 269.36 234.88 625.96 1,797.31
PAT 18.25 12.24 26.71 100.05
EPS (₹) 11.96 6.68 10.83 40.97
NAV (₹) 24.68 33.17 51.71 118.55
RONW 47.42% 20.14% 20.69% 34.56%
EBITDA 11.91% 10.00% 8.13% 11.17%
PAT Mrgn 6.77% 5.21% 4.27% 5.57%
PE Ratio 10.62 16.77 46.35 27.90

All information pertains to FY 2024-25. PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of May 26, 2026 for Peers

Susan Electricals IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Susan Electricals IPO
Particulars Mar-26 Mar-25 Mar-24
Revenue 269.36 135.74 103.48
PAT 18.25 5.65 0.76
Net Worth 38.48 17.98 6.21
Borrowings 66.72 45.27 24.79
Assets 130.05 73.68 38.08
NAV (₹) 24.68 11.94 6.94
EPS (₹) 11.96 5.71 1.11

Key Performance Indicators (KPIs)

EBITDA

11.91%

PAT

6.77%

ROE

64.64%

ROCE

29.05%

All the data pertains to FY 2024-25. PE, PB, and market capitalization are calculated based on the Upper Price Band

Promoter Holding

Promoter

92.47%

Public

7.53%

Vishal Jain 92.47%
Mahak Jain 0.00%

Management

Vishal Jain
Chairman & MD
Vinod Kumar Pujari
WTD
Ved Prakash
CFO

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: Susan Electricals India Limited

Address: 1703, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi, India, 110001

Number: 0120-4331296

Email: office@seil.net.in

Website: https://seil.net.in

Frequently Asked Questions (FAQs)

What is Susan Electricals IPO?
Susan Electricals IPO is a SME IPO having an issue size of ₹70 Crs. Susan Electricals IPO is priced at ₹120 - ₹127 per share. The issue opens on 11 Jun 26 and closes on 15 Jun 26.
When will Susan Electricals IPO open?
Susan Electricals IPO opens on 11 Jun 26 and closes on 15 Jun 26.
What is the GMP of Susan Electricals IPO?
The estimated Grey Market Premium of Susan Electricals IPO is ₹13 per share (10.24%).
What is the lot size of Susan Electricals IPO?
The minimum lot size of Susan Electricals IPO is 1000 shares & the minimum application amount is Rs. 127000.
When is the allotment of Susan Electricals IPO?
The allotment date of Susan Electricals IPO is 16 Jun 26.
What is the listing date of Susan Electricals IPO?
The listing date of Susan Electricals IPO is 18 Jun 26.
What is the subscription of Susan Electricals IPO?
Susan Electricals IPO is subscribed -.
What is the price band of Susan Electricals IPO?
Susan Electricals IPO is priced at ₹120 - ₹127 per share.
How to check allotment status of Susan Electricals IPO?
Click the allotment link on Susan Electricals IPO page of IPO360.
How to apply Susan Electricals IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Susan Electricals IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Susan Electricals IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Susan Electricals IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date