The Susan Electricals IPO minimum market lot is 2,000 shares with ₹2,54,000 application amount. The Susan Electricals IPO is an SME IPO, and it is to be listed on BSE SME.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Susan Electricals IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 7.01 | 7.31 | 142.65 |
| NII | 6.34 | 21.91 | 336.00 |
| RII | 4.79 | 19.16 | 207.56 |
| Total | 5.76 | 16.37 | 216.63 |
Susan Electricals IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Susan Electricals IPO Review and Rating
- May Apply For Long-term View
Susan Electricals IPO Form
How to apply for the Susan Electricals IPO? You can apply for Susan Electricals IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Susan Electricals IPO in the Invest section. The other option is you can apply for Susan Electricals IPO via IPO forms downloaded online. Check out the Susan Electricals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
