MediumPositive
Announced Thu, 18 Jun · 08:17 IST
Susan Electricals shares to list today. Check GMP ahead of debut
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Susan Electricals' shares are set to list on the exchanges, with the Rs 70.38-crore IPO having been subscribed 216.63 times overall, including 336 times in the non-institutional category and around 389 times in the higher-ticket HNI bucket. Revenue nearly doubled to Rs 269.96 crore in FY26 from Rs 136.05 crore a year earlier, while profit after tax more than tripled to Rs 18.25 crore from Rs 5.65 crore. Proceeds will primarily fund working capital requirements of about Rs 33 crore and a Rs 10.29-crore expansion of the Sahibabad manufacturing facility.