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Subscription Status · Jun 11 – Jun 15, 2026 · ₹120–127
The Susan Electricals India IPO subscription has recorded exceptional investor demand with an overall subscription of 216.63× as of Jun 15, 2026, indicating that investors applied for 216.63 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.
Last updated: Jun 15, 2026, 7:25 PM IST
| Category | Shares Offered | Shares Bid For | Times Subscribed | Applications |
|---|---|---|---|---|
|
QIB
Qualified Institutional Buyers
|
1,016,000 | 144,937,000 |
142.65×
|
- |
|
NII
Non-Institutional Investors
|
765,000 | 257,040,000 |
336.00×
|
- |
|
bNII
Bids above ₹10L
|
510,000 | 198,426,000 |
389.07×
|
- |
|
sNII
Bids below ₹10L
|
255,000 | 58,614,000 |
229.86×
|
- |
|
Individual
Individual Investors
|
1,780,000 | 369,450,000 |
207.56×
|
- |
|
Total
|
3,561,000 | 771,427,000 |
216.63×
|
- |
How subscription built up across investor categories over time
Snapshot of each day's bidding activity
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,016,000 | 7,122,000 | 7.01× | - |
| NII | 765,000 | 4,851,000 | 6.34× | - |
| bNII | 510,000 | 3,549,000 | 6.96× | - |
| sNII | 255,000 | 1,302,000 | 5.11× | - |
| Individual Investors | 1,780,000 | 8,534,000 | 4.79× | - |
| Total | 3,561,000 | 20,507,000 | 5.76× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,016,000 | 7,429,000 | 7.31× | - |
| NII | 765,000 | 16,762,000 | 21.91× | - |
| bNII | 510,000 | 12,541,000 | 24.59× | - |
| sNII | 255,000 | 4,221,000 | 16.55× | - |
| Individual Investors | 1,780,000 | 34,098,000 | 19.16× | - |
| Total | 3,561,000 | 58,289,000 | 16.37× | - |
| Category | Offered | Bid For | Times | Applications |
|---|---|---|---|---|
| QIB | 1,016,000 | 144,937,000 | 142.65× | - |
| NII | 765,000 | 257,040,000 | 336.00× | - |
| bNII | 510,000 | 198,426,000 | 389.07× | - |
| sNII | 255,000 | 58,614,000 | 229.86× | - |
| Individual Investors | 1,780,000 | 369,450,000 | 207.56× | - |
| Total | 3,561,000 | 771,427,000 | 216.63× | - |
As of June 15, 2026, the Susan Electricals India IPO has been subscribed 216.63 times overall. The IPO is fully subscribed with strong investor demand indicating extremely high interest.
The Susan Electricals India IPO subscription window was open from June 11, 2026 to June 15, 2026. Investors could apply through their demat account or ASBA facility.
The Susan Electricals India IPO has a price band of ₹120 to ₹127 per share, with a lot size of 1,000 shares. Minimum retail investment: ₹120,000 (lower band) or ₹127,000 (upper band).
The QIB category has been subscribed 142.65 times. QIBs were offered 1,016,000 shares. Strong QIB subscription indicates high institutional confidence.
Overall NII: 336.00×. bNII (>₹10L): 389.07×, sNII (<₹10L): 229.86×. NII includes HNIs and corporate entities investing above ₹2 lakh.
Basis of allotment is on June 16, 2026. Check via the registrar's website, Mudra RTA Ventures Private Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.
Susan Electricals India IPO is expected to list on June 18, 2026. Shares will list on BSE SME platform. Allotted shares are credited to your demat account 1 business day before listing.
A subscription multiple of 216.63× means investors have bid for 216.63 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.
Based on the current retail subscription of data pending, the estimated allotment probability for retail investors is Very Low. Only 1 lot likely via lottery if selected. If final subscription stays below 1×, all applicants are likely to get full allotment.
You can apply for Susan Electricals India IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jun 11 to Jun 15, 2026.
The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Susan Electricals India IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.
New to reading subscription numbers? Read our guide on IPO subscription explained.
Subscription Opens Done
Jun 11, 2026Subscription Closes Done
Jun 15, 2026Basis of Allotment Done
Jun 16, 2026Listing on BSE Done
Jun 18, 2026Only 1 lot likely via lottery if selected.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.
