Susan Electricals IPO Description – Susan Electricals operates as an integrated manufacturer of aluminium and copper-based electrical wires, conductors, and power cables used in the power distribution ecosystem. Its product portfolio includes low tension (LT) cables (up to 1.1 kV), high tension (HT) cables, aerial bunched (AB) cables, aluminium and copper winding wires, and conductors used in transformers, motors, and transmission networks.
The business is largely B2G and B2B driven, with a significant dependence on state-owned electricity distribution utilities (DISCOMs). Historically, government orders have dominated the revenue mix, reflecting strong participation in tender-based procurement. In addition to manufacturing, the company derives incremental revenue from the trading of aluminium rods and wires (38.8% contribution in 9M FY26) and limited job-work services. Susan owns three manufacturing facilities in Ghaziabad. As of 31 January 2026, the company had a total of 193 employees.
Promoters of Susan Electricals – Vishal Jain, Mahak Jain
Susan Electricals IPO Details
| Susan Electricals IPO Dates | Coming soon |
| Susan Electricals Issue Price | Coming soon |
| Fresh Issue | 47,80,000 shares |
| Offer For Sale | 6,20,000 shares |
| Total IPO Size | 54,00,000 shares |
| Minimum Bid | Coming soon |
| Lot Size | Coming soon |
| Pre-issue Shares | 1,55,88,795 shares |
| Face Value | INR 10 per share |
| Listing On | BSE SME |
Susan Electricals IPO Category Allocation
Susan Electricals Financial Performance
| FY 2023 | FY 2024 | FY 2025 | 9M FY 2026 | |
| Revenue | 77.34 | 103.48 | 135.74 | 153.75 |
| Expenses | 77.00 | 102.50 | 128.21 | 143.38 |
| Net Income | 0.40 | 0.76 | 5.65 | 7.93 |
| Margin (%) | 0.52 | 0.73 | 4.16 | 5.16 |
Susan Electricals Offer News
Susan Electricals Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.83 | 1.11 | 5.71 |
| PE Ratio | – | – | – |
| Price/Book Ratio | – | – | – |
| Price/Sales Ratio | – | – | – |
| Current Ratio | 0.86 | 0.89 | 2.98 |
| RONW (%) | 12.24 | 12.17 | 31.43 |
| NAV | 4.85 | 6.94 | 11.94 |
| ROCE (%) | 8.48 | 9.47 | 17.46 |
| EBITDA (%) | 2.33 | 3.51 | 8.84 |
| Debt/Equity | 4.48 | 3.99 | 2.52 |
Evaluate the quality of an IPO using these essential investing ratios to make an informed decision.
Susan Electricals IPO Anchor Investors
Susan Electricals raises () from anchor investors. Susan Electricals Anchor bid date is ().
| Bid Date | Coming soon |
| Shares Offered | Coming soon |
| Anchor Portion (INR Cr.) | Coming soon |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming soon |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming soon |
Susan Electricals Offer Objectives
The company proposes to utilize net proceeds from the issue towards the following objects:
- Funding of capital expenditure towards the expansion of the existing manufacturing facility situated at Ghaziabad – INR 7.72 crore
- Funding of working capital requirements – INR 33 crore
Susan Electricals IPO GMP Today
Susan Electricals IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of () shares and the anchor investor portion of () shares are not included in the above calculations.
Susan Electricals IPO Allotment Status
You can check Susan Electricals IPO allotment status on Mudra RTA Ventures’ website. Click on this link to get the allotment status. Often not getting IPO allotment? Learn how to improve your IPO allotment chances.
Susan Electricals IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Susan Electricals Offer Lead Manager
SEREN CAPITAL PRIVATE LIMITED
Office no. 601 to 605, Raylon Arcade,
Kondivita, J.B. Nagar, Mumbai – 400059
Phone: +91- 22-46011058
Email: [email protected]
Website: www.serencapital.in
Susan Electricals Offer Registrar
MUDRA RTA VENTURES PRIVATE LIMITED
B-117, 3rd Floor, DDA Shed,
Okhla Industrial Area Phase-1, New Delhi – 110020
Tel: 91-9958808069
E-mail: [email protected]
Website: www.mudrarta.com
SUSAN ELECTRICALS INDIA LIMITED
E5, Inika, 2nd Floor, Near Kamal Dhaba,
Chander Nagar, Ghaziabad, Uttar Pradesh 201011
Phone: 0120-4331296
E-mail: [email protected]
Website: www.seil.net.in
IPO Resources
What is the Susan Electricals offer size?
Susan Electricals offer size is INR NA crores.
What is the Susan Electricals offer price band?
Susan Electricals public offer price is INR NA per share.
What is the lot size of the Susan Electricals IPO?
Susan Electricals offer lot size is NA shares.
What is the Susan Electricals IPO GMP today?
Susan Electricals IPO GMP today is INR NA per share.
What is the Susan Wires IPO Subject to Sauda rate today?
Susan Electricals Subject to Sauda rate today is INR NA per application.
Krishna comes from a family of investors and financial analysts, She learnt wading through regulatory filings pretty early in her career. She has several years of experience in financial and industry analysis under her belt. At IPO Central, Krishna plays twin roles of Contributor and Head of research desk.
