Susan Electricals IPO Listing Details
| Listing Date | June 18th, 2026 |
| BSE Code | 544793 |
| ISIN Code | INE2L0V01019 |
| Offer Price | ₹120 to ₹127 |
| Face Value | ₹10 |
| Listing Price | ₹186 |
Details About Susan Electricals IPO
Susan Electricals got approval from SEBI for an IPO of around ₹70.38 crores, including a fresh issue of ₹60.22 crores and offer for sale up to 8,00,000 equity shares with a face value of ₹10 each.
Further, Susan Electricals had a set price band of ₹120 to ₹127 per share.
In the Susan Electricals IPO, 2000 shares were in 2 lot sizes for the retail minimum and maximum categories as well.
Moreover, 3000 shares were in 3 lot sizes for the S-HNI category. S-HNI Maximum has 7000 shares in 7 lot sizes. B-HNI Minimum has 8000 shares in 8 lot sizes.
To invest in the Susan Electricals IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,54,000.
- SHNI (S-HNI): Minimum investment of ₹3,81,000.
- S-HNI Maximum: investment of ₹8,89,000.
- B-HNI Minimum: Investment of ₹10,16,000.
Susan Electricals IPO’s Subscription Duration
Susan Electricals’ IPO started on June 11, 2026, and closed on June 15, 2026. The Susan Electricals IPO’s allotment date was June 16, 2026 and they received a refund on June 17, 2026. Susan Electricals ‘ listing date is scheduled for June 18, 2026.
Susan Electricals’ IPO funds deployment
- 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 Purpose
About Susan Electricals Company
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.
