About Susan Electricals India IPO
Established in 2007, Susan Electricals India Ltd. is engaged in the manufacturing of aluminium and copper-based electrical products used across power transmission and distribution infrastructure. The company produces a wide range of winding wires, conductors, and power cables that cater to utilities, infrastructure developers, EPC contractors, and businesses operating in the electrical equipment industry.
Its product portfolio includes winding wires and strips used in transformers, motors, alternators, and coils, along with aluminium stranded conductors designed for overhead power distribution networks. The company also manufactures low-tension (LT) power cables, including PVC and XLPE insulated cables and LT aerial bunched (AB) cables, as well as high-tension (HT) cables used in higher-voltage power distribution systems.
Apart from manufacturing, Susan Electricals undertakes the trading of aluminium wires and rods used as key raw materials and provides job work services related to the processing of winding wires and strips. Its operations are supported by three manufacturing facilities in Ghaziabad, Uttar Pradesh, located at Sahibabad Industrial Area and SSGT Road.
The company has built relationships with several state electricity distribution companies (DISCOMs) and institutional buyers through multi-state vendor registrations. During FY2026, it supplied products across seven Indian states, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. As of April 30, 2026, the company employed 216 permanent employees across its operations.
Susan Electricals India IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 15% | 6,02,850 crores |
| Non-Institutional Investors (NIIs) | 50% | 20,09,500 crores |
| Retail Individual Investors (RIIs) | 35% | 14,06,650 crores |
Susan Electricals India IPO Financial Highlights
Susan Electricals India’s total income 0.00 by 0.00% and total expenses 23,727.44 by 91.76%, resulting in an EBITDA 3,269.03 by 165.49% and a profit after tax (PAT) 0.00 by 0.00% between March 31, 2025 and March 31, 2026.
23,727.4431 March 2026 | 12,373.731 March 2025 | 9,984.5831 March 2024 |
3,269.0331 March 2026 | 1,231.331 March 2025 | 374.831 March 2024 |
23,727.44
21,355
18,982
16,609
14,236
11,864
9,491
7,118
4,745
2,373
0.00
Susan Electricals India IPO Strengths & Weaknesses
Approved vendor with multiple DISCOMs providing access to recurring utility orders.
Strong positioning to benefit from government initiatives such as RDSS and rural electrification projects.
Diverse product portfolio spanning winding wires conductors LT cables and HT cables.
Established manufacturing capabilities supported by quality and technical compliance standards.
Presence across multiple states enabling wider market reach and scalable growth.
Additional revenue streams through raw material trading and job work services.
Susan Electricals India IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 16 Jun '28 | -- | 17 Jun '28 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 40,19,000 shares (aggregating up to ₹2,54,000 crores) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Book building |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 96.64 shares |
| Post-Issue Shareholding | 0 shares |
Susan Electricals India IPO Lot Size and Investment Details
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Susan Electricals India ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for Susan Electricals India IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
Susan Electricals India IPO Contact & Registrar Details
Contact Details
Address
1703 Nirmal Tower 26 Barakhamba Road New Delhi
Phone Number
Website
Registrar Details
Registrar Name
Mudra RTA Ventures Private Limited
Phone Number
Website
Optivalue Tek Consulting Ltd IPO Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Seren Capital Pvt Ltd |