Susan Electricals India SME IPO Subscription Status
Susan Electricals India SME IPO closed on 15 June 2026 with an overall subscription of 216.63x based on shares applied. QIB demand came in at 142.65x, NII at 336.60x, and retail at 207.56x.
Allotment will be finalised on 16 June 2026. The stock is scheduled to list on NSE and BSE on 18 June 2026.
Issue Price
Rs 127.00
GMP Today
Rs 43.00 (+33.86%)
Overall Subscription
216.63x
Issue Size
₹70.38 Cr
Allotment Date
16 Jun 2026
Listing Date
18 Jun 2026
Susan Electricals India SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 127.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 12.90 Cr | Rs 1,840.70 Cr | 142.65x |
| FII | - | Rs 246.42 Cr | - |
| DFI | - | Rs 307.06 Cr | - |
| Mutual Funds | - | Rs 3.67 Cr | - |
| Other | - | Rs 1,283.55 Cr | - |
| NII | Rs 9.72 Cr | Rs 3,270.22 Cr | 336.60x |
| bNII (above Rs 10L) | Rs 6.48 Cr | Rs 2,525.83 Cr | 389.97x |
| Corporate | - | Rs 53.30 Cr | - |
| Individual | - | Rs 2,447.40 Cr | - |
| Other | - | Rs 25.12 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 3.24 Cr | Rs 744.40 Cr | 229.86x |
| Corporate | - | Rs 5.84 Cr | - |
| Individual | - | Rs 724.18 Cr | - |
| Other | - | Rs 14.38 Cr | - |
| IND | Rs 22.61 Cr | Rs 4,692.02 Cr | 207.56x |
| Fixed price | - | Rs 4,692.02 Cr | - |
| Total | Rs 45.22 Cr | Rs 9,802.94 Cr | 216.76x |
Susan Electricals India SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 1,016 | 129 | 0.13x |
| FII | - | 23 | - |
| DFI | - | 10 | - |
| Mutual Funds | - | 3 | - |
| Other | - | 93 | - |
| NII | 255 | 42,453 | 166.48x |
| bNII (above Rs 10L) | 170 | 23,954 | 140.91x |
| Corporate | - | 352 | - |
| Individual | - | 23,359 | - |
| Other | - | 243 | - |
| sNII (Rs 2L to Rs 10L) | 85 | 18,499 | 217.64x |
| Corporate | - | 151 | - |
| Individual | - | 17,984 | - |
| Other | - | 364 | - |
| IND | 890 | 1,84,719 | 207.55x |
| Fixed price | - | 1,84,719 | - |
| Total | 2,161 | 2,27,301 | 105.18x |
What Do These Subscription Numbers Mean?
A subscription of 216.63x by shares means the IPO received bids for 217 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
QIB at 142.65x by shares: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 142.65x, it reflects serious institutional conviction.
NII at 166.48x by applications: NII includes high net worth individuals applying above Rs 2 lakh. Proportional allotment uses application subscription. bNII came in at 140.91x and sNII at 217.64x by applications. Share subscription was 336.60x. Allotment uses application count, not share volume.
At 207.55x subscription by applications, approximately 1 in 208 retail applicants can expect an allotment (~1% per application). Retail allotment is done by lottery when oversubscribed.
Susan Electricals India SME IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Retail (IND)
- •Application subscription: 207.55x.
- •Allotment odds: about 1 in 208 (~1% chance per application).
- •Method: Lottery. If allotted, you receive at least one lot.
- •One application per PAN. Multiple eligible accounts in a household can improve overall family odds, not individual odds.
SHNI (Rs 2 lakh to Rs 10 lakh)
- •Application subscription: 217.64x.
- •Allotment odds: about 1 in 218 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 229.86x. Allotment uses application count, not share volume.
BHNI (above Rs 10 lakh)
- •Application subscription: 140.91x.
- •Allotment odds: about 1 in 141 for a minimum-lot application (~1% of the applied lot on average).
- •Method: Proportional. Shares allotted are based on your bid size, not a lottery.
- •Share subscription was 389.97x. Allotment uses application count, not share volume.
Check the Susan Electricals India SME IPO Allotment Status page from 16 June 2026 for your allotment result.
Susan Electricals India SME IPO GMP After Subscription
GMP for Susan Electricals India SME stands at Rs 43.00 today, giving an estimated listing price of Rs 170.00 per share.
A subscription of 216.63x combined with a GMP of 33.86% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Susan Electricals India SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Susan Electricals India SME IPO Day-wise Subscription
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 11 Jun 2026 | 7.01x | 6.34x | 4.79x | 5.76x |
| Day 2 - 12 Jun 2026 | 7.31x | 21.91x | 19.16x | 16.37x |
| Day 3 - 15 Jun 2026 | 142.65x | 336.00x | 207.56x | 216.63x |
Susan Electricals India SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 11 June 2026 |
| IPO Close Date | 15 June 2026 |
| Allotment Date | 16 June 2026 |
| Refund Initiation | 17 June 2026 |
| Share Credit to Demat | 17 June 2026 |
| Listing Date | 18 June 2026 |
| Minimum Investment | Rs 2,54,000.00 |
| Lot Size | 1000 shares |
About Susan Electricals India SME
Susan Electricals India Limited, incorporated in 2007, is an established manufacturer specializing in aluminium and copper-based electrical winding wires, stranded conductors, and power cables. The company's diversified product portfolio features high-specification winding wires and strips utilized across transformers, industrial motors, alternators, and coils. It also engineers low-tension (LT) and high-tension (HT) power distribution cables (up to 1.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
IND - Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Susan Electricals India SME IPO GMP Today
Live GMP, listing price estimate, and listing gain
Susan Electricals India SME IPO Allotment Status
Check allotment result on allotment date
Susan Electricals India SME IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Susan Electricals India SME IPO Subscription FAQs
What is Susan Electricals India SME IPO subscription status today?
Susan Electricals India SME IPO subscription closed on 15 June 2026 with overall subscription of 216.63x (by shares) as of 23 July 2026, 6:32 PM IST. QIB 142.65x, NII 166.48x, IND 207.55x.
What is the overall subscription of Susan Electricals India SME IPO?
Susan Electricals India SME IPO is subscribed 216.63x overall by shares at close on 15 June 2026. QIB 142.65x, NII 166.48x, and IND 207.55x.
What is Susan Electricals India SME IPO QIB subscription?
Susan Electricals India SME IPO QIB (Qualified Institutional Buyers) subscription is 142.65x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Susan Electricals India SME IPO IND subscription?
Susan Electricals India SME IPO IND subscription is 207.55x by applications. Minimum retail bid is up to Rs 2 lakh per PAN.
What is Susan Electricals India SME IPO NII subscription?
Susan Electricals India SME IPO NII (Non-Institutional Investors) subscription is 166.48x by applications. NII covers bids above Rs 2 lakh.
What are allotment chances in Susan Electricals India SME IPO for retail?
At 207.55x subscription by applications, approximately 1 in 208 retail applicants can expect an allotment (~1% per application). Allotment is done by lottery.
When is Susan Electricals India SME IPO allotment date?
Susan Electricals India SME IPO allotment date is 16 June 2026. Check Susan Electricals India SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Susan Electricals India SME IPO subscription close?
Susan Electricals India SME IPO subscription closed on 15 June 2026. No new applications are accepted after the close.
What is Susan Electricals India SME IPO GMP today?
Susan Electricals India SME IPO GMP is ₹43 today (+33.86% over issue price ₹127). See live GMP on the Susan Electricals India SME IPO GMP Today page.
What is Susan Electricals India SME IPO issue price and lot size?
Susan Electricals India SME IPO issue price is ₹127 per share. Lot size is 1000 shares. Minimum investment is ₹2,54,000 per lot (minimum 2 lots for SME). Issue size: ₹70.38 Cr.
When is Susan Electricals India SME IPO listing date?
Susan Electricals India SME IPO listing date is 18 June 2026 on NSE and BSE. Allotment is on 16 June 2026.
How does subscription affect Susan Electricals India SME IPO allotment?
Allotment odds in Susan Electricals India SME IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII proportional allotment at 166.48x by applications means roughly 1 in 166 for minimum-lot bids; bNII at 140.91x (~1 in 141). At 216.63x overall, competition is very high.
For allotment results from 16 June 2026, visit the Susan Electricals India SME IPO Allotment Status page. For listing day updates on 18 June 2026, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.