Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Susan Electricals India
Price Band
₹120.0–127.0
Issue Size
₹70.38 Cr
Lot Size
1,000 shares
Min Investment
₹254,000
GMP
info
+₹43.0 (33.86%)
Issue Price
₹127.0
calendar_month Important Dates
bar_chart Subscription Status
Overall Subscription
216.63x
| Category | Subscription | Status |
|---|---|---|
| QIB (Institutional) |
142.65x
|
143x 🔥 |
| NII (HNI) |
336.00x
|
336x 🔥 |
| ↳ bNII (>₹10L) |
389.07x
|
389x 🔥 |
| ↳ sNII (<₹10L) |
229.86x
|
230x 🔥 |
| Retail (RII) |
207.56x
|
208x 🔥 |
| Total | 216.63x | 216.63x |
Auto-updated every 5 min · As of 15th Jun 2026 18:56
trending_up Grey Market Premium (GMP)
GMP
+₹43.0
GMP %
+33.86%
Est. Listing
₹170.0
schedule Updated: 14 Jul 2026 15:51
Share GMP:
business About the Company
Susan Electricals India Ltd. manufactures a wide range of aluminium and copper-based electrical products, including winding wires, conductors, and power cables, available in different sizes, grades, and specifications. Its product offerings include winding wires and strips that are widely used in transformers, electric motors, alternators, coils, and other electrical applications. The company also produces aluminium stranded conductors that support overhead electricity transmission and distribution networks. The company’s cable portfolio comprises low-tension (LT) and high-tension (HT) power cables. These include PVC and XLPE insulated LT cables with voltage ratings up to 1.1 kV, along with LT Aerial Bunched (AB) cables and HT cables designed for advanced power distribution requirements. Susan Electricals primarily serves government-owned power distribution companies (DISCOMs), EPC contractors, infrastructure developers, and businesses operating within the electrical equipment and cable industry. Apart from its manufacturing operations, the company is involved in the trading of aluminium wires and rods used as essential raw materials. It also provides job-work services for the processing and conversion of winding wires and strips.
payments Company Financials (₹ Cr)
As of 2026-03-31
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 130.05 | 73.68 | 38.08 |
| Total Income | 269.96 | 136.05 | 103.59 |
| Profit After Tax | 18.25 | 5.65 | 0.76 |
| EBITDA | 32.08 | 12.00 | 3.64 |
| NET Worth | 38.48 | 17.98 | 6.21 |
| Reserves and Surplus | 22.89 | 12.96 | 3.23 |
| Total Borrowing | 66.72 | 45.27 | 24.79 |
Key Ratios
EPS
₹11.70
NAV
₹24.68
ROE
64.64%
ROCE
29.05%
RoNW
47.42%
P/B Value
5.15
P/E Ratio
10.85
Market Cap
₹258.20 Cr
PAT Margin
6.77%
Promoters
Vishal Jain and Mahak Jain
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding of Capital expenditure towards Expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh 10.29 2 Funding of Working Capital Requirements 33.00 3 General corporate purposes 8.94 4 Issue Expenses 9.33 Total 61.57
info Issue Details
pie_chart Investor Allocation
Registrar
Lead Managers / Book Running
timeline IPO Timeline
Open
11 Jun 2026
Close
15 Jun 2026
Allotment
16 Jun 2026
Listing
18 Jun 2026