IPO Snapshot
 
Susan Electricals India Ltd.
Issue Open Date 11-Jun-26  
Issue Closing Date 15-Jun-26  
Application Money 100  
Allotment Money  
Price Band 120 - 127  
Minimium Application No. 2000  
Issue Size (Shares) 5542000  
Market Lot 1  
Objective
1. Funding of Capital expenditure towards expansion of existing Manufacturing Facility situated at Plot No.18/31, Sahibabad, Ghaziabad, Uttar Pradesh.2. Funding of Working Capital Requirements.3. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors        
Qualified Institutional Buyers        
Retail Individual Investors        
Business Description:
We primarily supply our products to state-owned electricity distribution utilities (“DISCOMs”), private sector entities engaged in infrastructure development & EPC activities, as well as entities operating in the electrical wires, cables and conductor segment. Our products are primarily used in power distribution networks, transformer & motor winding applications, overhead distribution lines and underground cabling works. Our supplies to DISCOMs is undertaken pursuant to tender-based procurement processes, while supplies to EPC contractors and traders are made based on purchase orders and mutually agreed commercial terms.
Promoter's Holding
Total Share Capital   15065535  
Offered to Public   5400000  
Promoter's Holding (Pre-Issue)   96.64  
Promoter's Holding (Post-Issue)    
Address
1703
Nirmal Tower
26
Barakhamba Road
Connaught Plaza
New Delhi ,
Delhi ,
110001
Phone : 011 45701633
Email : office@seil.net.in
Website : https://seil.net.in/
Registrar
Mudra RTA Ventures Pvt Ltd.
B-117
3rd Floor
DDA Shed
Okhla Industrial Area
Phase - 1
New Delhi
Listed at
BSE
Lead Manager
Seren Capital Pvt Ltd.
Promoters
Mahak Jain
Vishal Jain