Susan Electricals India IPO Day 2 Subscription Status: Issue Subscribed 9.97 Times So Far
By HDFC SKY | Last Modified: Jun 12, 2026 01:15 PM IST
Mumbai, June 12: Susan Electricals India IPO, a book-built SME public issue worth ₹70.38 crore, has witnessed robust investor demand on the second day of bidding. The public issue opened for subscription on June 11, 2026, and is scheduled to close on June 15, 2026. The IPO is priced in the band of ₹120 to ₹127 per share.
Susan Electricals India IPO Day 2 Subscription Status
Susan Electricals India IPO was subscribed 9.97 times as of 12:39:38 PM on June 12, 2026 (Day 2).
Category-wise Susan Electricals India IPO Subscription Status
| Category | Subscription (x) |
| QIB (Ex Anchor) | 7.01 |
| NII/HNI | 12.44 |
| bNII (> ₹10 lakh) | 13.71 |
| sNII (< ₹10 lakh) | 9.89 |
| Retail Individual Investors | 10.61 |
| Total | 9.97 |
Susan Electricals India Day-wise Subscription Summary
| Date | QIB (Ex Anchor) | NII | bNII | sNII | Retail | Total |
| June 11, 2026 (Day 1) | 7.01 | 6.34 | 6.96 | 5.11 | 4.79 | 5.76 |
| June 12, 2026 (Day 2, 12:39:38 PM) | 7.01 | 12.44 | 13.71 | 9.89 | 10.61 | 9.97 |
Demand remained strongest in the NII segment, while retail participation also improved significantly on the second day of the bidding process. The QIB portion stood at 7.01 times subscription.
Susan Electricals India IPO Timeline
| Event | Date |
| IPO Open Date | June 11, 2026 |
| IPO Close Date | June 15, 2026 |
| Basis of Allotment | June 16, 2026 |
| Initiation of Refunds | June 17, 2026 |
| Credit of Shares | June 17, 2026 |
| Listing Date | June 18, 2026 |
Brief Overview of the IPO
| Particulars | Details |
| Issue Size | ₹70.38 crore |
| Fresh Issue | 0.47 crore shares aggregating ₹60.22 crore |
| Offer for Sale | 0.08 crore shares aggregating ₹10.16 crore |
| Price Band | ₹120 to ₹127 per share |
| Issue Price | ₹127 per share |
| Lot Size | 1,000 shares |
| Minimum Retail Investment | ₹2,54,000 (2 lots) |
| IPO Type | Book Building Issue |
| Listing Exchange | BSE SME |
| Registrar | Mudra RTA Ventures Private Limited |
| Lead Manager | Seren Capital Pvt. Ltd. |
Susan Electricals India is engaged in the wires and cables segment. The company has launched a combination of fresh issue and offer-for-sale components through the SME IPO route. At the upper end of the price band, the issue aims to raise ₹70.38 crore and is proposed to list on the BSE SME platform on June 18, 2026.
Source:
- https://www.bseindia.com/markets/publicissues/displayipo?id=4627&type=IPO&idtype=1&status=L&IPONo=7770&startdt=11%2F06%2F2026
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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