SUSAN ELECTRICALS INDIA LIMITED

11 Jun 2026 - 15 Jun 2026 SME BSE

Min Investment

₹2,54,000.00

Price Band

₹120-₹127

Issue Size

₹51.04 Cr

Lot Size

1000 (per lot)

IPO Dates
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11 Jun 2026

Open Date

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15 Jun 2026

Close Date

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16 Jun 2026

Allotment Date

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18 Jun 2026

Listing Date

Know Before Investing

Strengths icon

  • Manufactures a diversified range of electrical wires, cables and conductors for multiple applications.
  • Supplies products to DISCOMs, EPC contractors and private-sector customers across India.
  • Holds BIS licenses and ISO certifications for quality, environmental and safety management systems.
  • Has a geographically diversified customer base across several Indian states.
  • Led by an experienced promoter with over two decades of industry experience.

Weaknesses icon

  • A significant portion of revenue depends on government-owned electricity distribution companies (DISCOMs).
  • The business relies on winning and executing government and institutional tenders.
  • Revenue is dependent on a limited number of customers, making customer concentration a risk.
  • The company faces intense competition from existing and potential players in the industry.
  • Failure to execute expansion and growth strategies could adversely affect business performance.

About Susan Electricals India Limited

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. Its product portfolio includes low tension (LT) cables, LT aerial bunched (AB) cables, high tension (HT) cables, winding aluminium wires and strips, winding copper wires and strips, and aluminium conductors. The company primarily supplies its products to state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables and conductors segment. Its products are used in power distribution networks, transformer and motor winding applications, overhead distribution lines and underground cabling projects. Revenue is generated mainly through the manufacture and sale of these products. In addition, the company undertakes trading of aluminium wires and rods and provides job work services related to the processing of winding wires and strips for customers.

IPO Objectives

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

2. Funding of Working Capital Requirements.

3. General corporate purposes.

Company Promoters

Mahak Jain

Vishal Jain

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 142.65
Non-Institutional Buyers 210.55
Retail Investors 207.56
Total 560.76
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