Susan Electricals India IPO Allotment Status: Check Result, Subscription & Listing Date
The Susan Electricals India IPO allotment status has been finalized on 16 June 2026. Investors can check their allotment through the registrar, Mudra RTA Ventures Private Limited, using their PAN, application number, or Demat details. Shares are scheduled to be credited on 17 June 2026, while the stock is expected to list on the BSE SME platform on 18 June 2026.
The IPO witnessed exceptionally strong investor demand, closing with an overall subscription of more than 216 times, making allotment highly competitive for retail investors.
Susan Electricals India IPO Key Dates
| Event | Date |
|---|---|
| IPO Opens | 11 June 2026 |
| IPO Closes | 15 June 2026 |
| Allotment Finalization | 16 June 2026 |
| Refund Initiation | 17 June 2026 |
| Shares Credited to Demat | 17 June 2026 |
| Listing Date | 18 June 2026 |
How to Check Susan Electricals India IPO Allotment Status
Through the Registrar Website
Follow these steps:
- Visit the Mudra RTA Ventures allotment portal.
- Select Susan Electricals India IPO.
- Enter any one of the following:
- PAN Number
- Application Number
- DP Client ID
- Click on “Search”.
- Your allotment status will appear on the screen.
Through the BSE Website
- Open the BSE IPO allotment page.
- Select Susan Electricals India IPO.
- Enter your PAN or application details.
- Complete verification.
- View your allotment result.
Through Your Broker
Most brokers such as Zerodha, Groww, Upstox, Angel One, and ICICI Direct display allotment results directly within their apps after allotment is finalized.
Susan Electricals India IPO Subscription Status
The IPO received overwhelming investor interest.
| Category | Subscription |
|---|---|
| QIB | 142.65x |
| NII/HNI | 336.00x |
| Retail | 207.55x |
| Overall | 216.63x |
With retail demand exceeding 200 times the shares available, allotment was conducted through a computerized lottery system in accordance with SEBI regulations. Retail investors had a relatively low probability of receiving an allotment due to the heavy oversubscription.
Susan Electricals India IPO Details
| Particulars | Details |
|---|---|
| IPO Type | SME IPO |
| Exchange | BSE SME |
| Issue Size | ₹70.38 Crore |
| Price Band | ₹120 to ₹127 |
| Final Issue Price | ₹127 |
| Lot Size | 1,000 Shares |
| Minimum Investment | ₹1,27,000 |
| Registrar | Mudra RTA Ventures Pvt. Ltd. |
| Lead Manager | Seren Capital Pvt. Ltd. |
About Susan Electricals India Limited
Founded in 2007, Susan Electricals India manufactures electrical conductors, winding wires, stranded conductors, and power cables used in transformers, motors, alternators, and power distribution systems. The company serves industrial and infrastructure sectors across India.
Financial Performance
The company has shown strong growth in recent years:
| Financial Year | Revenue | Profit After Tax |
|---|---|---|
| FY2024 | ₹103.59 Cr | ₹0.76 Cr |
| FY2025 | ₹136.05 Cr | ₹5.65 Cr |
| FY2026 | ₹269.96 Cr | ₹18.25 Cr |
The sharp rise in revenue and profitability was one of the key factors that attracted investor interest during the IPO.
Susan Electricals India IPO GMP and Listing Expectations
Market observers tracked a Grey Market Premium (GMP) of around ₹54 per share near allotment, indicating a potential listing price around ₹181 per share. However, GMP is unofficial and should not be considered a guarantee of listing performance. Actual market conditions on listing day can significantly affect the opening price.
What Happens After Allotment?
If Shares Are Allotted
- Shares will be credited to your demat account on 17 June 2026.
- You can sell or hold the shares once trading begins on 18 June 2026.
If Shares Are Not Allotted
- Your blocked ASBA or UPI amount will be released.
- Refunds and fund unblocking are expected on 17 June 2026.
Frequently Asked Questions
Q. When is the Susan Electricals India IPO allotment date?
The allotment was finalized on 16 June 2026.
Q. What is the Susan Electricals India IPO listing date?
The IPO is scheduled to list on 18 June 2026 on the BSE SME Exchange.
Q. What was the subscription level of the IPO?
The IPO was subscribed 216.63 times overall.
Q. Who is the registrar for the IPO?
The official registrar is Mudra RTA Ventures Private Limited.
Q. What is the minimum investment required?
The minimum application size was 1,000 shares, requiring an investment of ₹1,27,000 at the upper price band.
Key Takeaways
- Susan Electricals India IPO allotment finalized on 16 June 2026
- Shares credited on 17 June 2026
- Listing scheduled for 18 June 2026
- IPO subscribed 216.63x overall
- Retail category subscribed 207.55x
- Issue size stood at ₹70.38 crore
- Registrar: Mudra RTA Ventures Pvt. Ltd.
- Listed on BSE SME platform
Disclaimer
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