Susan Electricals India IPO Day 2 Subscription Status: Issue Subscribed 9.97 Times So Far

Authored By HDFC SKY | Last Modified: Jun 12, 2026 01:15 PM IST

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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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