Susan Electricals Shares to List Today: Check GMP and IPO Details

Susan Electricals India is set to make its debut on the BSE SME platform today, following massive investor interest and overwhelming subscription numbers. With a significant grey market premium currently on the table, the market is eyeing a potentially strong listing for this electrical components manufacturer.

Strong Grey Market Premium Signals Positive Debut

The excitement surrounding the Susan Electricals IPO is evident in the grey market, where the shares are commanding a Grey Market Premium (GMP) of approximately 34%. Based on the final issue price of Rs 127 per share, this premium translates to an unofficial trading price of around Rs 170, representing a gain of roughly Rs 43 per share. If this momentum persists, the stock is poised to follow the recent trend of robust debuts seen in the wires and cables sector within the SME segment.

Massive Subscription Numbers Highlight Investor Appetite

The Rs 70.38-crore issue—comprising a fresh issue of Rs 60.22 crore and an offer for sale of Rs 10.16 crore—saw extraordinary demand. By the time bidding closed on June 15, the issue had been subscribed a staggering 216.63 times overall.

Breaking down the subscription data reveals intense competition across all investor classes:

This high level of interest underscores the market's confidence in the company's business model and growth prospects.

Robust Financial Growth and Strategic Use of Funds

Susan Electricals has demonstrated an impressive financial trajectory. The company reported that its revenue nearly doubled from Rs 136.05 crore in the previous year to Rs 269.96 crore in FY26. Even more striking is the bottom-line performance, with profit after tax (PAT) more than tripling from Rs 5.65 crore to Rs 18.25 crore over the same period.

2007년부터 운영되어 온 이 회사는 알루미늄 및 구리 기반의 전기 권선용 와이어, 도체 및 전력 케이블을 전문으로 합니다. IPO를 통해 조달된 자금은 전략적 성장을 위해 배정되었습니다. 약 Rs 33 crore는 운전 자본 요구 사항에 투입될 예정이며, Rs 10.29 crore는 가지앗(Ghaziabad) 사히바바드(Sahibabad)에 위치한 기존 제조 시설을 확장하는 데 사용될 것입니다.

시장 포지셔닝 및 향후 전망

가지앗(Ghaziabad)에서 3개의 제조 시설을 운영하고 있는 Susan Electricals는 인도의 인프라 확장 흐름을 탈 수 있는 유리한 위치에 있습니다. 고객층에는 국영 전력 배전 유틸리티 및 EPC 기업들이 포함되어 있어, 농촌 지역 전력화 및 배전망 강화를 목표로 하는 개편 배전 부문 계획(RDSS)과 같은 정부 주도 사업의 직접적인 수혜자가 될 전망입니다.

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