Susan Electricals

Book Building issueSMEBSE SME₹70.38 Cr issue
+46.46%
Listing gain over issue price
Price band
₹127
Issue size
₹70.38 Cr
1 lot at cut-off
₹1,27,000
Lot size
1,000shares
Open
11 Jun 2026
Close
15 Jun 2026
Allotment
16 Jun 2026
Listing
18 Jun 2026

Listing performance

Issue price
₹127
Listed at
₹186
Listing-day close
₹195.3
Latest price
₹222.4
Listing gain
+46.46%
Return since listing
+75.12%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    11 Jun 2026
  2. Close
    15 Jun 2026
  3. Allotment
    16 Jun 2026
  4. Refund
    17 Jun 2026
  5. Demat credit
    17 Jun 2026
  6. Listing
    18 Jun 2026

Grey market premium

Unofficial and indicative — not a forecast

₹43 +33.86%
18 Jun, 09:35 am
12 Jun 2026 Range ₹0 – ₹64 over 7 days 18 Jun 2026
Day-wise premium · 7 observations
DateGMP%SaudaEst. listingGain / lot
18 Jun 2026₹43+33.86%₹32,700₹170₹43,000
17 Jun 2026₹43+33.86%₹32,700₹170₹43,000
16 Jun 2026₹43+33.86%₹32,700₹170₹43,000
15 Jun 2026₹54+42.52%₹41,000₹181₹54,000
14 Jun 2026₹62+48.82%₹47,100₹189₹62,000
13 Jun 2026₹61+48.03%₹46,400₹188₹61,000
12 Jun 2026₹64+50.39%₹48,600₹191₹64,000

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
11 Jun 2026 – 15 Jun 2026
Listing date
18 Jun 2026
Face value
₹10 per share
Price band
₹127
Issue price
₹127 per share
Lot size
1,000 shares
Issue type
Book Building issue
Listing at
BSE SME
Total issue size
₹70.38 Cr
Market cap at offer price
₹258 Cr
Promoter holding
92.47% → 66.97% pre-issue → post-issue
ISIN
INE2L0V01019
Registrar
Mudra RTA Ventures Private Limited
Lead managers
Seren Capital Pvt.Ltd.
Registered office
1703, Nirmal Tower, 26, Barakhamba Road, Connaught Plaza, New Delhi

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB15,23,000
Market maker 4,58,000

Application size

Minimum 1,000 shares per lot, in multiples, at ₹127

ApplicationLotsSharesAmount
Retail (min)11,000₹1,27,000
S-HNI (min)22,000₹2,54,000
S-HNI (max)77,000₹8,89,000
B-HNI (min)88,000₹10,16,000

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
15,23,000
Anchor portion
₹19.34 Cr
at ₹127 per share

Valuation and performance

Valuation at offer price

₹127 per share

MetricPre-issuePost-issue
EPS (₹)11.708.97
P/E (×)10.8514.16
Price to book (×)5.15
Market cap₹258 Cr

Key performance indicators

Latest reported period

Return on net worth
47.42%
ROCE
29.05%
PAT margin
6.77%
EBITDA margin
11.91%
NAV per share
₹24.68
Price to book
5.15

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.