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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Expansion of Manufacturing Facility
Funding capital expenditure to expand the existing manufacturing facility in Sahibabad, Ghaziabad, Uttar Pradesh.
Working Capital Requirements
Meeting incremental working capital requirements to support business operations.
General Corporate Purposes
Funding general corporate requirements and administrative operational expenses.
(₹ in Crore)
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Susan Electricals India Limited, incorporated in 2007, is an Indian manufacturer of electrical winding wires, conductors, and power cables. Headquartered in New Delhi with manufacturing units located in Sahibabad, Ghaziabad, Uttar Pradesh, the company produces a wide array of copper and aluminium winding wires, paper-covered conductors, fiberglass-coated wires, and power cables for electrical and industrial applications. The company's product portfolio is engineered to meet standards required by state electricity distribution companies (DISCOMs), engineering, procurement, and construction (EPC) contractors, infrastructure developers, and original equipment manufacturers (OEMs). Its integrated manufacturing capabilities include wire drawing, annealing, insulating, and quality testing, allowing precise control over technical specifications. Susan Electricals distributes its products across several states in India, serving public utilities and private industrial clients. Proceeds from its initial public offering are allocated toward expanding the production capacity of its Sahibabad plant, meeting incremental working capital requirements, and supporting overall business expansion.
Susan Electricals India Limited raised ₹19.34 crore from anchor investors on June 10, 2026, allocating 15,23,000 equity shares at the upper price band of ₹127 per share to institutional investors.
Source: RHP • Analysis provided for informational purposes
Last Updated: 22 August 2026, 8:32 AM
Established Product Portfolio in Electrical Wiring
The company manufactures a comprehensive range of aluminium and copper winding wires and cables suited for power distribution and industrial equipment.
Strong Customer Relationships with DISCOMs and EPCs
Long-standing commercial ties with state electricity boards, EPC contractors, and infrastructure developers provide stable revenue visibility.
Integrated Manufacturing Setup
In-house processing capabilities from wire drawing to insulation ensure quality compliance and operational efficiency.
Raw Material Price Fluctuations
Operations rely heavily on copper and aluminium, leaving profit margins vulnerable to global commodity price swings and supply volatility.
Customer and Geographic Concentration
A significant portion of revenue is generated from government utilities and EPC projects in specific northern Indian regions.
High Working Capital Intensity
Business operations require substantial working capital for inventory holding and extended credit periods common in public sector contracts.
Susan Electricals India Limited
1703, Nirmal Tower, 26, Barakhamba Road, Connaught Place, New Delhi - 110001, India
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