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Open
11 Jun 2026
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Close
15 Jun 2026
3
Allotment
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Listing
Thu, Jun 18, 2026
Price Band
₹120 to ₹127
Issue Size
55,42,000 shares (agg. up to ₹70 Cr)
Lot Size
1,000 Shares
Listing Date
Thu, Jun 18, 2026
Latest GMP
₹43
Est. Gain
33.86%
✦ AI Insight
GMP Trend
18-06-2026₹43Est. ₹170+33.86%
17-06-2026₹43Est. ₹170+33.86%
16-06-2026₹43Est. ₹170+33.86%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 151.37x |
Restated Financials (₹ Cr.)
| 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Systematic Industries Ltd. | SME | ₹115.60 Cr | ₹195 | 17.75 | ₹196.45 | +0.74% | ₹193.55 (+0.16%) |
| Prime Cable Industries Ltd. | SME | ₹40.04 Cr | ₹83 | 15.6 | ₹78.30 | -5.66% | ₹179.55 (-5.00%) |
| JD Cables Ltd. | SME | ₹95.99 Cr | ₹152 | 11.66 | ₹157.90 | +3.88% | ₹239.80 (-2.48%) |
| Bhadora Industries Ltd. | SME | ₹55.62 Cr | ₹103 | 12.6 | ₹105.95 | +2.86% | ₹89.75 (-0.88%) |
Objects of the Issue
| # | 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 |
About Susan Electricals India IPO
Incorporated in 2007, Susan Electricals India Ltd. is engaged in the manufacturing of aluminium and copper-based electrical winding wires, conductors, and power cables in various specifications, sizes, and configurations. The company’s product portfolio includes winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors used in overhead power distribution networks. The company also manufactures power cables, including low tension (LT) cables such as PVC and XLPE insulated cables (up to 1.1 kV), including Low Tension Aerial Bunched (LT AB) cables, and high tension (HT) cables used in higher-grade power distribution systems. Its customers primarily include state-owned electricity distribution utilities (DISCOMs), infrastructure and EPC companies, and businesses operating in the electrical wires, cables, and conductors segment. In addition to manufacturing activities, the company undertakes trading of aluminium wires and rods used as key raw materials and also provides job work services related to the processing of winding wires and strips. The company operates three manufacturing facilities in Gh
Contact Details
Susan Electricals India Ltd. Address1703, Nirmal Tower26, Barakhamba RoadConnaught PlazaNew Delhi, New Delhi, 1100010120-4331296office@seil.net.inVisit Website