{"id":115286,"date":"2026-06-12T00:40:00","date_gmt":"2026-06-11T19:10:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=115286"},"modified":"2026-06-11T17:59:39","modified_gmt":"2026-06-11T12:29:39","slug":"susan-electricals-ipo-gmp-day-2-listing-details","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/","title":{"rendered":"Susan Electricals India IPO GMP Day 2: Grey Market Premium Steady at Rs 25, Estimated Listing Price Rs 152 \u2014 Key Details for Day 2 Subscribers"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Susan Electricals India IPO GMP Day 2: Rs 25. Issue price Rs 127. Estimated listing: Rs 152 (+19.68%). Open June 11-15, 2026 on BSE SME. Lot: 2,000 shares, min Rs 2,54,000. Allotment June 16. Listing June 18. Structure: Fresh issue Rs 54 Cr + OFS Rs 10 Cr. Total issue Rs 70.38 Cr.<\/em><\/p>\n<p>The <strong>Susan Electricals IPO<\/strong> is now in its Day 2 of subscription as of June 12, 2026, with the grey market premium (GMP) holding steady at Rs 25. Based on the issue price upper band of Rs 127, this GMP implies an estimated listing price of Rs 152, a potential gain of 19.68% for successful allottees when the stock debuts on BSE SME on June 18, 2026. The <strong>Susan Electricals IPO<\/strong> opened on June 11, 2026, and will remain open through June 15, giving investors three more days to apply. This is a Rs 70.38 crore SME offering comprising a fresh issue of Rs 54 crore and an OFS of approximately Rs 10 crore, priced at Rs 120-127 per share with a face value of Rs 10. The minimum lot size is 2,000 shares, requiring a minimum investment of Rs 2,54,000 at the upper price band.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=susan-electricals-ipo\"><strong>Click Here &#8211; Get Free IPO Research From Univest<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#Susan_Electricals_India_IPO_Key_Details\" title=\"Susan Electricals India IPO: Key Details\">Susan Electricals India IPO: Key Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#About_Susan_Electricals_India\" title=\"About Susan Electricals India\">About Susan Electricals India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#What_GMP_of_Rs_25_Means_for_Day_2\" title=\"What GMP of Rs 25 Means for Day 2\">What GMP of Rs 25 Means for Day 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#What_is_the_Susan_Electricals_India_IPO_GMP_on_Day_2\" title=\"What is the Susan Electricals India IPO GMP on Day 2?\">What is the Susan Electricals India IPO GMP on Day 2?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#What_does_Susan_Electricals_India_do\" title=\"What does Susan Electricals India do?\">What does Susan Electricals India do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#How_to_apply_for_Susan_Electricals_India_IPO\" title=\"How to apply for Susan Electricals India IPO?\">How to apply for Susan Electricals India IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-gmp-day-2-listing-details\/#Is_the_Susan_Electricals_India_IPO_GMP_a_reliable_indicator\" title=\"Is the Susan Electricals India IPO GMP a reliable indicator?\">Is the Susan Electricals India IPO GMP a reliable indicator?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Susan_Electricals_India_IPO_Key_Details\"><\/span><strong>Susan Electricals India IPO: Key Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"width: 100%; border-collapse: collapse; font-size: 14px;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">IPO Parameter<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">IPO Name<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Susan Electricals India Ltd. IPO<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">IPO Type<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">SME IPO , Book-Built<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Exchange<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">BSE SME<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Issue Size<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 70.38 crore<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Fresh Issue<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 54 crore (47.80 lakh shares)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">OFS<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 10 crore approx (6.20 lakh shares)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Price Band<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 120 to Rs 127 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Face Value<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 10 per share<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Lot Size<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">2,000 shares<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Minimum Investment<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 2,54,000 (1 lot at Rs 127)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Subscription Open<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 11, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Subscription Close<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 15, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Allotment Date<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 16, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Refund Date<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 17, 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Listing Date<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">June 18, 2026 (tentative)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">GMP Day 2 (June 12)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 25<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Estimated Listing Price<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 152 (Rs 127 + Rs 25 = +19.68% over issue price)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">QIB Quota<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">50%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">NII Quota<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">15%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Retail Quota<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">35%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Promoters<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Vishal Jain and Mahak Jain<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">BRLM<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Seren Capital Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Registrar<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Mudra RTA Ventures Pvt. Ltd.<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Business<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Aluminium and copper-based electrical winding wires, conductors, power cables<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Founded<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">2007<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 22px 26px 18px; margin: 24px 0; cursor: pointer;\">\n<p style=\"font-size: 18px; font-weight: bold; color: #0a0a23; margin: 0 0 8px;\">Track Susan Electricals IPO and All Upcoming SME IPOs on Univest<\/p>\n<p style=\"font-size: 14px; color: #3a3a5c; margin: 0 0 10px;\">Univest covers all SME and mainboard IPO listings with GMP, subscription, and allotment analysis.<\/p>\n<ul style=\"margin: 0 0 12px 18px; color: #3a3a5c; font-size: 14px; line-height: 1.8;\">\n<li>Live Susan Electricals IPO GMP and subscription tracking<\/li>\n<li>All active SME IPO GMP and Day-wise subscription updates<\/li>\n<li>Post-listing IPO analysis and hold\/sell recommendations from Univest<\/li>\n<\/ul>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 14px; font-weight: 600; padding: 10px 22px; border-radius: 50px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"About_Susan_Electricals_India\"><\/span><strong>About Susan Electricals India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Susan Electricals India Ltd. is a Surat-based manufacturer of aluminium and copper electrical winding wires and conductors, incorporated in 2007. The company manufactures winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment, as well as aluminium stranded conductors for overhead power distribution networks. The <strong>Susan Electricals IPO<\/strong> proceeds will be used for expansion of manufacturing facilities, working capital requirements, and general corporate purposes. The promoters are Vishal Jain and Mahak Jain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_GMP_of_Rs_25_Means_for_Day_2\"><\/span><strong>What GMP of Rs 25 Means for Day 2<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A GMP of Rs 25 on <strong>Susan Electricals IPO<\/strong> Day 2 indicates moderate positive grey market sentiment. On Day 2 of subscription, QIBs and large HNIs typically remain on the sidelines, with meaningful subscription data only becoming clear on Day 3 (the final day, June 15). Retail investors should note that SME IPO GMPs can fluctuate significantly between Day 2 and the listing date depending on how the final subscription numbers come in. A stable GMP alongside strong Day 3 QIB and NII subscription would be a more confident buying signal.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Susan Electricals IPO GMP and Subscription Live on Univest<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Susan Electricals IPO<\/strong> GMP of Rs 25 on Day 2 implies a 19.68% listing gain at Rs 152. The issue is open through June 15 with allotment on June 16 and listing on June 18 on BSE SME. Track live <strong>Susan Electricals IPO<\/strong> GMP and subscription data on Univest.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Susan Electricals IPO GMP, subscription, and allotment status live on Univest.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Susan_Electricals_India_IPO_GMP_on_Day_2\"><\/span><strong>What is the Susan Electricals India IPO GMP on Day 2?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. The Susan Electricals India IPO grey market premium (GMP) on Day 2 (June 12, 2026) is Rs 25. Based on the issue price upper band of Rs 127, this GMP implies an estimated listing price of Rs 152, representing a potential listing gain of approximately 19.68% for IPO allottees. The GMP has been stable at Rs 25 since it first appeared in the grey market, suggesting moderate but consistent investor interest in the grey market ahead of the June 18, 2026 listing on BSE SME.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Susan_Electricals_India_do\"><\/span><strong>What does Susan Electricals India do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Susan Electricals India Ltd., established in 2007, is a manufacturer of aluminium and copper-based electrical winding wires, conductors, and power cables. The company&#8217;s products include winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment. It also manufactures aluminium stranded conductors used in overhead power distribution networks. The company operates in the electrical components manufacturing segment, which benefits from India&#8217;s ongoing infrastructure investment and power sector expansion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_to_apply_for_Susan_Electricals_India_IPO\"><\/span><strong>How to apply for Susan Electricals India IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Susan Electricals India IPO can be applied for through ASBA (Application Supported by Blocked Amount) via your bank&#8217;s net banking or mobile app. Select the Susan Electricals India IPO in the IPO investment section, enter the quantity (minimum 1 lot = 2,000 shares, Rs 2,54,000) and bid at the cut-off price. Alternatively, you can apply through your broker using UPI-based application. The IPO is open from June 11 to June 15, 2026 for QIB, NII, and retail investors. Allotment will be finalised on June 16 and the stock is expected to list on BSE SME on June 18, 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Susan_Electricals_India_IPO_GMP_a_reliable_indicator\"><\/span><strong>Is the Susan Electricals India IPO GMP a reliable indicator?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. Grey market premium (GMP) for the Susan Electricals India IPO is an unofficial, unregulated market indicator and should not be treated as a guarantee of listing gains. The GMP of Rs 25 implies a listing gain of approximately 19.68%, but actual listing prices can differ significantly based on market conditions on listing day, overall subscription levels, QIB participation, and broader market sentiment. For a more reliable assessment, investors should track the final Day 3 subscription figures (especially QIB oversubscription) alongside the GMP, as the combination of high GMP and strong QIB demand tends to be a more accurate predictor of listing gains than GMP alone.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Susan Electricals India IPO GMP on Day 2?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Susan Electricals India IPO grey market premium (GMP) on Day 2 (June 12, 2026) is Rs 25. Based on the issue price upper band of Rs 127, this GMP implies an estimated listing price of Rs 152, representing a potential listing gain of approximately 19.68% for IPO allottees. The GMP has been stable at Rs 25 since it first appeared in the grey market, suggesting moderate but consistent investor interest in the grey market ahead of the June 18, 2026 listing on BSE SME.\"}},{\"@type\":\"Question\",\"name\":\"What does Susan Electricals India do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Susan Electricals India Ltd., established in 2007, is a manufacturer of aluminium and copper-based electrical winding wires, conductors, and power cables. The company's products include winding wires and strips used in transformers, motors, alternators, coils, and other electrical equipment. It also manufactures aluminium stranded conductors used in overhead power distribution networks. The company operates in the electrical components manufacturing segment, which benefits from India's ongoing infrastructure investment and power sector expansion.\"}},{\"@type\":\"Question\",\"name\":\"How to apply for Susan Electricals India IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Susan Electricals India IPO can be applied for through ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app. Select the Susan Electricals India IPO in the IPO investment section, enter the quantity (minimum 1 lot = 2,000 shares, Rs 2,54,000) and bid at the cut-off price. Alternatively, you can apply through your broker using UPI-based application. The IPO is open from June 11 to June 15, 2026 for QIB, NII, and retail investors. Allotment will be finalised on June 16 and the stock is expected to list on BSE SME on June 18, 2026.\"}},{\"@type\":\"Question\",\"name\":\"Is the Susan Electricals India IPO GMP a reliable indicator?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) for the Susan Electricals India IPO is an unofficial, unregulated market indicator and should not be treated as a guarantee of listing gains. The GMP of Rs 25 implies a listing gain of approximately 19.68%, but actual listing prices can differ significantly based on market conditions on listing day, overall subscription levels, QIB participation, and broader market sentiment. 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