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Susan Electricals India IPO Subscription Status

Susan Electricals India IPO was subscribed 192.06 times when bidding closed on 15 Jun 2026: QIB 142.65x, NII 210.55x, Retail 207.56x.

The Susan Electricals India IPO has been subscribed 192.06x times overall. Retail investors have shown interest with bids for 207.56x the shares available. The Non-Institutional Investor (NII) category has been subscribed 210.55x. Within NII, Big HNI (B-HNI) subscribed 389.97x and Small HNI (S-HNI) subscribed 229.86x. Qualified Institutional Buyers (QIBs) have subscribed 142.65x. Data last updated on 03 Sep, 02:49 PM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 11 Jun, 2026 and closes on 15 Jun, 2026. The shares are expected to list on stock exchanges on 18 Jun, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 03 Sep 2026, 02:49 PM
Category Bid details Times
Anchor Investors - of 15,23,000 1.14x
QIB 14,49,37,000 of 10,16,000 129 applications 142.65x
NII 25,74,98,000 of 12,23,000 42,453 applications 210.55x
bHNI — bid amount above ₹10 Lakh
19,88,84,000 23,954 applications 389.97
sHNI — bid amount ₹2–10 Lakh
5,86,14,000 18,499 applications 229.86
Retail 36,94,50,000 of 17,80,000 1,84,719 applications 207.56x
TOTAL 77,18,85,000 2,27,301 applications 192.06x

Susan Electricals India IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 104
~1% chance per PAN — 1,84,719 applicants for 1,780 allotment slots. Winners get exactly 1 lot (₹1.3 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 146
~0.7% chance — 18,499 applicants for 127 allotment slots. Lottery allots the minimum S-HNI application of 2 lots (₹2.5 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 94
~1.1% chance — 23,954 applicants for 255 allotment slots. Lottery allots the minimum NII application of 2 lots (₹2.5 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
142.65x
Proportionate allotment — at 142.65x, institutions receive ~0.7% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 208 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 142.65x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
15 Jun 2026
Day 3
216.44x ▼
QIB142.65x NII335.99x Retail207.19x
12 Jun 2026
Day 2
19.16x ▼
QIB7.31x NII21.91x Retail19.16x
11 Jun 2026
Day 1
5.76x ▼
QIB7.01x NII6.34x Retail4.79x

Susan Electricals India SME IPO dates

From the bidding window to listing. Today is 24 October.

Key dates Listed
  1. Open 11 Jun 2026
  2. Close 15 Jun 2026
  3. Allotment 16 Jun 2026
  4. Refund/credit 17 Jun 2026
  5. Listing 18 Jun 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Susan Electricals India IPO?

As of IPO close date (15 Jun, 2026), the Susan Electricals India IPO is subscribed 192.06x times. Retail category is 207.56x, and NII is 210.55x subscribed.

When is the allotment date for Susan Electricals India IPO?

The allotment for Susan Electricals India IPO is expected to be finalized on 16 June, 2026.

What is the GMP of Susan Electricals India?

The Grey Market Premium (GMP) for Susan Electricals India is currently ₹43, indicating a potential listing gain of 33.9%.

When will Susan Electricals India IPO list on the stock market?

Susan Electricals India is scheduled to list on BSE and NSE on 18 June, 2026.

What are the chances of getting allotment in Susan Electricals India IPO?

The retail category is oversubscribed at 207.56x, meaning allotment is by lottery. Statistically, approximately 1 in 208 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 142.65x mean for Susan Electricals India IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 142.65x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Susan Electricals India IPO allotment status?

After the allotment date (16 Jun, 2026), you can check your Susan Electricals India IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
192.06x
QIB
142.65x
NII
210.55x
Retail
207.56x
Full IPO details