Susan Electricals IPO is to open on June 11, 2026. It is an SME IPO that will raise âč70.38 crores. The Susan Electricals IPO price band is fixed at âč120 to âč127 with a market lot of 2000 Shares.
Susan Electricals IPO GMP Live Rates day by day.
| Date | IPO GMP | GMP Trend | Gain | Last Updated |
| 18 June | âč43 | đŽ | 33.86% | 13:26 |
| 17 June | âč43 | đŽ | 33.86% | 17:36 |
| 16 June | âč60 | đŽ | 47.24% | 17:02 |
| 15 June | âč64 | đą | 50.39% | 17:29 |
| 13 June | âč64 | đą | 50.39% | 17:47 |
| 12 June | âč53 | đą | 41.73% | 16:59 |
| 11 June | âč41 | đą | 32.28% | 17:31 |
| 10 June | âč25 | đą | 19.69% | 17:30 |
| 9 June | âč15 | đą | 11.81% | 17:30 |
| 8 June | âč- | – | -% | 17:30 |
Susan Electricals IPO Details
Susan Electricals IPO Dates
| IPO Open Date: | June 11, 2026 |
| IPO Close Date: | June 15, 2026 |
| Basis of Allotment: | June 16, 2026 |
| Refunds: | June 17, 2026 |
| Credit to Demat Account: | June 17, 2026 |
| IPO Listing Date: | June 18, 2026 |
| IPO Bidding Cut-off Time: | June 15, 2026 – 5 PM |
Business Overview
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.
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