Susan Electricals India Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹120 – ₹127
Lot Size: 1,000 shares
Min. Investment: ₹1,27,000
Total Issue Size: ₹70.38 Cr; 55,42,000 shares
Fresh Issue: ₹60.22 Cr; 47,42,000 shares
Offer for Sale: ₹10.16 Cr; 8,00,000 shares
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 1,55,88,795
Shares Post-Issue: 2,03,30,795

Lot Size & Investment

1 lot = 1,000 shares

Retail (min)

2 lots · 2,000 shares

Retail (max)

2 lots · 2,000 shares

S-HNI (min)

3 lots · 3,000 shares

Application	Lots	Shares	Amount
Retail	2	2,000	₹2,54,000
Small HNI (S-HNI)	3	3,000	₹3,81,000
Big HNI (B-HNI)	8	8,000	₹10,16,000

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
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	3.64
Net Worth	38.48	17.98	6.21
Reserves & Surplus	22.89	12.96	3.23
Total Borrowing	66.72	45.27	24.79

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	64.64
ROCE (%)	29.05
EPS (₹)	11.7
P/E (pre-issue)	10.85
P/E (post-issue)	14.15

About Susan Electricals India Limited

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 Ghaziabad, Uttar Pradesh, located at Site-IV Industrial Area, Sahibabad, and SSGT Road. During Fiscal 2026, it sold its products across 7 states in India, including Uttar Pradesh, Jharkhand, Madhya Pradesh, and Karnataka. As of April 30, 2026, the company had 216 permanent employees. Competitive Strengths: Multi-state vendor registrations and approvals with DISCOMs. Strong access to government and utility tender opportunities. Well-positioned to benefit from RDSS and rural electrification projects. Established technical capabilities and quality compliance standards. Wide geographic presence supporting scalable business growth.