SUSANSME / BSEAllotment Awaited

Susan Electricals India Limited

Established in 2007, Susan Electricals India Ltd. manufactures aluminium and copper-based winding wires, conductors, and power cables in different sizes and specifications. Its products are widely used in transformers, motors, alternators, and power distribution systems, including overhead networks and LT and HT cables. The company mainly serves customers like government electricity distribution companies, infrastructure and EPC firms, and businesses in the electrical sector. Apart from manufacturing, it also trades aluminium wires and rods used as raw materials and offers job work services for processing winding wires. The company runs three manufacturing units in Ghaziabad, Uttar Pradesh, and supplies its products across multiple states in India. As of 31 January 2026, it has around 193 permanent employees.

₹120 - ₹127GMP ₹44216.76x sub
GMP+₹42
Est. Listing Price₹169
TimelineBookbuilding IPO
Open2026-06-11
2
Close2026-06-15
3
Allotment2026-06-16
4
Listing2026-06-18

Quota Reservation Portions

AnchorPortion: 15,23,000 shares
27.48%
QIBPortion: 10,16,000 shares
18.33%
HNIPortion: 7,65,000 shares
13.8%
RetailPortion: 17,80,000 shares
32.12%
Market MakerPortion: 4,58,000 shares
8.26%

Minimum Application Bracket Matrix

Retail2 lots / 2,000 shares
₹2,54,000
sHNI3 lots / 3,000 shares
₹3,81,000
bHNI8 lots / 8,000 shares
₹10,16,000

About the Company

Established in 2007, Susan Electricals India Ltd. manufactures aluminium and copper-based winding wires, conductors, and power cables in different sizes and specifications. Its products are widely used in transformers, motors, alternators, and power distribution systems, including overhead networks and LT and HT cables. The company mainly serves customers like government electricity distribution companies, infrastructure and EPC firms, and businesses in the electrical sector. Apart from manufacturing, it also trades aluminium wires and rods used as raw materials and offers job work services for processing winding wires. The company runs three manufacturing units in Ghaziabad, Uttar Pradesh, and supplies its products across multiple states in India. As of 31 January 2026, it has around 193 permanent employees.

Company Promoters

Vishal JainMahak Jain

Registrar

Mudra RTA Ventures Private Limited