
The allotment status of the ₹70.38 crore Susan Electricals India IPO is likely to be finalised and announced today, June 16, 2026. Investors can check their allotment status through the websites of the BSE and the registrar, Mudra RTA Ventures Limited.
Based on the IPO schedule, shares of Susan Electricals India are expected to debut on the BSE SME platform on June 17, 2026, subject to the completion of allotment and other regulatory formalities.
[June 15, 2026, 6:30 PM]
|
Category |
Subscription (times) |
|
Qualified Institutional Buyers (QIBs) |
142.65x |
|
Non-Institutional Investors (NIIs) |
336.00x |
|
Retail Individual Investors (RIIs) |
207.56x |
|
Total |
216.63x |
Incorporated in 2007, Susan Electricals India Limited manufactures aluminium and copper-based electrical winding wires, conductors, and cables used across power distribution, transformer winding, overhead transmission, and underground cabling applications. Its product portfolio includes Low Tension (LT) cables, LT Aerial Bunched (AB) cables, High Tension (HT) cables, Medium Voltage Covered Conductors (MVCC), winding aluminium and copper wires and strips, and aluminium conductors.
The company primarily caters to state-owned electricity distribution companies (DISCOMs), EPC contractors, infrastructure developers, and other participants in the electrical equipment sector. In addition to manufacturing, it also trades in aluminium wires and rods and provides job-work services for winding wires and strips.
Financially, the company reported strong growth, with revenue from operations rising to ₹269.36 crore in FY26 from ₹135.74 crore in FY25, while profit after tax increased to ₹18.25 crore from ₹5.65 crore during the same period, reflecting improved operational scale and profitability.
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