Susan Electricals India IPO 2026: Date, Price Band, GMP, Review

The SME IPOs continue to draw investors’ interest, and among the issues scheduled for June 2026, there is the Susan Electricals India IPO. It deals in the electrical equipment business, producing winding wires, conductors, and power cables. This IPO seeks to raise money for its growth, operational requirements, and other business uses.

This article will provide an insight into the following about the Susan Electricals India IPO GMP – date, pricing range, GMP, profitability, and its objective.

Susan Electricals India IPO

Susan Electricals India IPO Details

ParticularsDetails
IPO TypeBook Built Issue
ExchangeBSE SME
IPO Open Date11 June 2026
IPO Close Date15 June 2026
Allotment Date16 June 2026
Listing Date18 June 2026
Price Band₹120 – ₹127 per share
Face Value₹10 per share
Issue Size₹70.38 Crore
Lot Size1,000 Shares
Minimum Investment₹1,27,000
RegistrarMudra RTA Ventures Pvt. Ltd.
Lead ManagerSeren Capital Pvt. Ltd.

About Susan Electricals India Limited

Susan Electricals India Limited makes aluminium and copper-based wires, conductors and power cables.These products are used in things like transformers, motors and power distribution networks.They also serve types of customers such as power distribution companies, EPC contractors and electrical equipment manufacturers.The company has become a name, in the electrical equipment industry.It supplies quality products to the power and infrastructure sectors.Susan Electricals India Limited products help power distribution companies, EPC contractors and electrical equipment manufacturers.

They are used in transformers, motors and power distribution networks.

Objectives of the IPO

The funds from the IPO will be used as follows:

  • Construction of new facilities in the current factory premises located in Sahibabad, Ghaziabad, Uttar Pradesh.
  • Meeting the needs of working capital.
  • Corporate purposes.

This clearly shows that the company intends to expand its manufacturing base.

Susan Electricals India Financial Performance

The company's financial growth has been impressive over the last few years.

Financial or Highlights 

Particulars (₹ Crore)FY23FY24FY25
Total Income77.56103.59136.05
PAT0.400.765.65
EBITDA1.803.6412.00
Net Worth3.286.2117.98

Key Observations :

  • The Revenue has been growing steadily for the  three years.
  • The company's profitability got a boost in FY25.
  • Our net worth has increased a lot because we are expanding our business.
  • The EBITDA margins have been getting better and better.
  • These numbers tell us that our company has been doing well in terms of operations and finances.

The company has seen growth in operations and has become more financially efficient.

The business has been. Making more money.

Susan Electricals India IPO GMP Today

People are talking about the IPO in the market. It seems that small and medium enterprises investors are showing interest in it. The IPO is getting a premium of around ₹127 in the grey market, which means people think it will do well when it is listed. But we should remember that the grey market premium changes every day. It is not the only thing we should think about when we decide to invest in the IPO.

Important Note

The Grey Market Premium is not official. It is not controlled by any rules. When we think about investing we should look at how the company's doing its financial performance, how much it is worth and what is happening in the industry rather than just looking at the Grey Market Premium of the IPO.

Strengths of Susan Electricals India

1. The company is doing well with money.

It has made a lot of money. Its profits have gone up over the last few years. When a company makes money, people who invest in the company are usually happy.

2. The demand for things the company makes is high.

India needs power and better roads and buildings so they need the things the company makes, like electrical cables and conductors.

3. The company wants to make things.

The money from the IPO will help the company make things, which can help the company make even more money in the future.

4. The company has a lot of customers.

The company sells things to DISCOMs, EPC contractors and infrastructure companies so it has different ways to make money.

Risks to Consider

1. SME IPO Risk

Small company stocks usually have more trading activity than main board stocks. This can cause price swings after they list.

2. Dependence on Infrastructure Spending

If power and infrastructure projects slow down it could hurt demand for the company's products.

3. Competitive Industry

The electrical equipment industry has big players already. This adds to the pressure.

4. Market Sentiment

How well an IPO does when it lists often depends on how the market and investors are feeling at that time.

IPO performance also depends on the market conditions and investor sentiment.

Susan Electricals India IPO Review

Susan Electricals India is a company that is doing well. It is working in a field that is getting a lot of help from India's efforts to improve its infrastructure and power. The company is making money and its profits are going up. It is also worth now. They are planning to make their factory bigger which will help them grow more.

If you want to invest in medium companies you should keep an eye on this one.. Before you put your money in you need to think carefully about how much the company is worth, what risks are involved and what is happening in the market.

Conclusion

The Susan Electricals India public offer IPO GMP is a small company issue that will be listed on the BSE SME. It will start on 11 June 2026. End on 15 June 2026. The price of each share will be between ₹120 and ₹127. The company wants to raise ₹70.38 crore to make its factory bigger and to have some money for its needs. Susan Electricals India is doing better financially and it is, in the electrical equipment business. It is a small company initial public offer that is worth watching. 

FAQs

Q1. When does the Susan Electricals India IPO start?

The Susan Electricals India IPO GMP opens on 11 June 2026. It will close on 15 June 2026.

Q2. How much does one share of the Susan Electricals India IPO cost?

The cost of one share of the Susan Electricals India IPO is between ₹120 and ₹127.

Q3. How big is the Susan Electricals India IPO?

The Susan Electricals India IPO size is ₹70.38 crore.

Q4. Where can we. Sell the Susan Electricals India shares?

The Susan Electricals India shares will be listed on the BSE SME platform.

Q5. What will Susan Electricals India do with the money from the IPO?

The company Susan Electricals India will use the money for expanding its manufacturing for its working capital and, for general things.