{"id":116972,"date":"2026-06-15T09:49:56","date_gmt":"2026-06-15T04:19:56","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=116972"},"modified":"2026-06-15T09:49:57","modified_gmt":"2026-06-15T04:19:57","slug":"susan-electricals-ipo-allotment-status-check","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-allotment-status-check\/","title":{"rendered":"Susan Electricals IPO Allotment Status: How to Check If You Got Shares, Understand the Refund Process and Track Your Listing"},"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 IPO: Rs 127 issue price. BSE SME listing June 18. Registrar: Mudra RTA Ventures. Check allotment: BSE site, registrar website, or broker app.<\/em><\/p>\n<p>The <strong>Susan Electricals IPO allotment<\/strong> process is underway following the close of the subscription window. The Susan Electricals IPO raised Rs 70.38 crore through a combination of a fresh issue and an Offer for Sale at an upper price band of Rs 127 per share. The IPO received strong subscription, with 7.81x oversubscription observed by 11 AM on Day 2, led by QIB participation of 7.01x. The <strong>Susan Electricals IPO allotment<\/strong> is determined through a computer-based random lottery for retail investors when the category is oversubscribed, meaning every applicant has an equal chance of receiving 1 lot (2,000 shares) of allotment. Here is a complete guide on how to check your <strong>Susan Electricals IPO allotment<\/strong> and <strong>Susan Electricals IPO allotment<\/strong> status.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=susan-electricals-allotment\"><strong>Click Here &#8211; Get Free Investment Predictions<\/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-allotment-status-check\/#How_to_Check_Susan_Electricals_IPO_Allotment_Status\" title=\"How to Check Susan Electricals IPO Allotment Status\">How to Check Susan Electricals IPO Allotment Status<\/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-allotment-status-check\/#Susan_Electricals_IPO_Key_Details\" title=\"Susan Electricals IPO Key Details\">Susan Electricals IPO Key Details<\/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-allotment-status-check\/#What_to_Do_After_Getting_Susan_Electricals_IPO_Allotment\" title=\"What to Do After Getting Susan Electricals IPO Allotment\">What to Do After Getting Susan Electricals IPO Allotment<\/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-allotment-status-check\/#What_Happens_if_Allotment_Is_Not_Received\" title=\"What Happens if Allotment Is Not Received\">What Happens if Allotment Is Not Received<\/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-allotment-status-check\/#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-6\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-allotment-status-check\/#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-7\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-allotment-status-check\/#How_to_check_Susan_Electricals_IPO_allotment_status\" title=\"How to check Susan Electricals IPO allotment status?\">How to check Susan Electricals IPO allotment status?<\/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-allotment-status-check\/#What_happens_if_you_do_not_get_Susan_Electricals_IPO_allotment\" title=\"What happens if you do not get Susan Electricals IPO allotment?\">What happens if you do not get Susan Electricals IPO allotment?<\/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-allotment-status-check\/#How_is_the_allotment_decided_in_Susan_Electricals_IPO\" title=\"How is the allotment decided in Susan Electricals IPO?\">How is the allotment decided in Susan Electricals IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/susan-electricals-ipo-allotment-status-check\/#What_are_the_promoters_details_of_Susan_Electricals_India\" title=\"What are the promoters&#8217; details of Susan Electricals India?\">What are the promoters&#8217; details of Susan Electricals India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Check_Susan_Electricals_IPO_Allotment_Status\"><\/span><strong>How to Check Susan Electricals IPO Allotment Status<\/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;\">Step<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">How to Check<\/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;\">BSE Website<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Visit nseindia.com or bseindia.com &gt; Investor Services &gt; IPO Allotment Status<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Enter PAN number and select Susan Electricals India IPO to see allotment<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Registrar Website<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Visit Mudra RTA Ventures Pvt Ltd website<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Enter application number, PAN, or demat account number for allotment status<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Broker App<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Log in to Zerodha, Groww, Angel One, Upstox, 5Paisa app<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Go to IPO section and check Susan Electricals allotment status<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Email Notification<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Check your registered email for allotment intimation<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Registrar sends allotment notification emails after basis of allotment is finalised<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Demat Account<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Check your demat account for credited shares<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Shares are credited to your demat account post allotment; check your demat statement<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"background: #E8EAFF; border-radius: 14px; padding: 28px 32px 24px 32px; margin: 24px 0; font-family: -apple-system,BlinkMacSystemFont,'Segoe UI',Roboto,sans-serif; cursor: pointer; max-width: 100%; box-sizing: border-box;\">\n<p style=\"font-size: 20px; font-weight: bold; color: #0a0a23; margin: 0 0 12px 0; line-height: 1.3;\">3 Stocks Building Serious Momentum Right Now<\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">When <strong style=\"color: #0a0a23;\">Univest analysts<\/strong> identify high-conviction stock opportunities, <em>investors pay attention.<\/em><\/p>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 14px 0; line-height: 1.6;\">Our research team has now shortlisted the <strong style=\"color: #0a0a23;\">Top Stocks to Buy<\/strong> based on current market momentum, sector trends &amp; growth potential for 2026.<\/p>\n<ul style=\"margin: 0 0 16px 20px; padding: 0; color: #3a3a5c; font-size: 15px; line-height: 1.8;\">\n<li>Discover stocks investors are actively accumulating<\/li>\n<li>High-conviction opportunities backed by research<\/li>\n<li>Designed for the next phase of market growth<\/li>\n<\/ul>\n<p style=\"font-size: 15px; color: #3a3a5c; margin: 0 0 20px 0;\">Unlock the latest <a style=\"color: #3b7fff; font-weight: bold; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/payment?planType=ALL_PRO%20PLANS\">Top Stock Picks<\/a> on Univest<\/p>\n<p><a style=\"display: inline-block; background: #3B7FFF; color: #fff; font-size: 15px; font-weight: 600; padding: 13px 28px; border-radius: 50px; letter-spacing: 0.2px; text-decoration: none;\" href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=susan-electricals-allotment\" target=\"_blank\" rel=\"noopener\">See the Stocks \u2192<\/a><\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Susan_Electricals_IPO_Key_Details\"><\/span><strong>Susan Electricals 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 Detail<\/th>\n<th style=\"border: 1px solid #000; padding: 7px 9px; background: #000; color: #fff; text-align: left;\">Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Company<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Susan Electricals India Limited<\/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;\">Price Band<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Rs 120-127 per share (upper band Rs 127)<\/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;\">Min retail application<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">2 lots = 2,000 shares = Rs 2,54,000<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Subscription (Day 2 by 11 AM)<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">7.81x overall (QIB 7.01x, Retail 2.84x, NII 2.38x)<\/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 Private Limited<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Allotment process<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Computer-based random lottery for retail (if oversubscribed)<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Partial allotment<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Not applicable in retail lottery , either 1 lot allotted or nil<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Refund timeline<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Unallotted amounts refunded to bank account after allotment<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Share credit timeline<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Allotted shares credited to demat account after allotment<\/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;\">Business<\/td>\n<td style=\"border: 1px solid #000; padding: 7px 9px; background: #fff; color: #000;\">Winding wires, conductors, power cables for DISCOMs<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Do_After_Getting_Susan_Electricals_IPO_Allotment\"><\/span><strong>What to Do After Getting Susan Electricals IPO Allotment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you receive <strong>Susan Electricals IPO allotment<\/strong>, your shares will be credited to your demat account after allotment. The stock will list on BSE SME on June 18, 2026. On listing day, you can choose to: sell on listing to book the grey market implied gain (estimated 23-48% based on GMP during subscription); or hold for the medium term if you believe in the company&#8217;s DISCOM-focused electrical components business. Note that BSE SME stocks often trade at lower liquidity than mainboard stocks and may have wider bid-ask spreads, so consider this when deciding listing day strategy. For long-term investors, the key question is whether the company&#8217;s DISCOM customer base provides revenue visibility for 3-5 years as India&#8217;s power distribution infrastructure expands.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Happens_if_Allotment_Is_Not_Received\"><\/span><strong>What Happens if Allotment Is Not Received<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If your <strong>Susan Electricals IPO allotment<\/strong> is not successful, your unblocked <strong>Susan Electricals IPO allotment<\/strong> application amount (Rs 2,54,000 for retail investors applying for the minimum 2 lots) will be unblocked through the ASBA\/UPI system and returned to your bank account. No charges or fees are deducted for unsuccessful IPO applications. The refund is typically processed after the basis of allotment is finalised. Investors who did not get allotment can still buy Susan Electricals shares in the secondary market on BSE SME after listing on June 18, but at the market price which reflects the listing premium.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Susan Electricals IPO Allotment and All SME IPOs 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>Check your <strong>Susan Electricals IPO allotment<\/strong> status on the BSE website, registrar Mudra RTA Ventures, or your broker app. Issue price Rs 127. Listing on BSE SME June 18. Track all IPO allotments live 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 allotment and all SME IPO listings 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=\"How_to_check_Susan_Electricals_IPO_allotment_status\"><\/span><strong>How to check Susan Electricals IPO allotment status?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. To check Susan Electricals IPO allotment status: visit the BSE website (www.bseindia.com), navigate to Investor Services and then IPO allotment status, and enter your PAN number. You can also check through the registrar Mudra RTA Ventures Private Limited&#8217;s website using your application number, PAN, or demat account number. Most major brokers (Zerodha, Groww, Angel One, Upstox, 5Paisa) also show allotment status in their IPO section. Check your registered email for an allotment intimation email from the registrar as well.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_you_do_not_get_Susan_Electricals_IPO_allotment\"><\/span><strong>What happens if you do not get Susan Electricals IPO allotment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. If you did not get allotment in the Susan Electricals India IPO, the blocked amount in your bank account (Rs 2,54,000 for retail investors who applied for the minimum 2 lots of 2,000 shares) will be unblocked and refunded. For ASBA applicants, the bank unblocks the funds and credits them back to your bank account. For UPI-based applicants, the refund is processed through the UPI payment system. The refund process typically completes within the defined timeline after allotment. No application fee or processing charge is deducted if you do not receive allotment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_the_allotment_decided_in_Susan_Electricals_IPO\"><\/span><strong>How is the allotment decided in Susan Electricals IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. For retail investors in the Susan Electricals India IPO, allotment is done through a computer-based random lottery system if the retail category is oversubscribed. In the lottery system, every retail applicant has an equal chance of receiving allotment of 1 lot (the minimum lot size for retail). The lottery is based on lots, not on the number of shares or the application amount , whether you applied for 2 lots or 5 lots, you are treated the same way in the retail lottery (you may be allotted 1 lot or 0 lots). For NII (HNI) investors who bid for more than Rs 2 lakh, allotment is proportionate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_promoters_details_of_Susan_Electricals_India\"><\/span><strong>What are the promoters&#8217; details of Susan Electricals India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Ans. The promoters of Susan Electricals India Limited are Vishal Jain and Mahak Jain. The company was incorporated and built under their leadership, operating from three manufacturing facilities in Ghaziabad, Uttar Pradesh. The company manufactures aluminium and copper-based electrical winding wires, conductors, and power cables primarily for state electricity distribution companies (DISCOMs). The company had 216 permanent employees as of April 30, 2026. Revenue grew from Rs 103.59 crore in FY24 to Rs 136.05 crore in FY25 (+31%), with PAT growing from Rs 0.76 crore to Rs 5.65 crore (+643%).<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"How to check Susan Electricals India IPO allotment status?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. To check <strong>Susan Electricals IPO allotment<\/strong> status: visit the BSE website (www.bseindia.com), navigate to Investor Services and then IPO allotment status, and enter your PAN number. You can also check through the registrar Mudra RTA Ventures Private Limited's website using your application number, PAN, or demat account number. Most major brokers (Zerodha, Groww, Angel One, Upstox, 5Paisa) also show allotment status in their IPO section. Check your registered email for an allotment intimation email from the registrar as well.\"}},{\"@type\":\"Question\",\"name\":\"What happens if you do not get Susan Electricals India IPO allotment?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. If you did not get allotment in the Susan Electricals India IPO, the blocked amount in your bank account (Rs 2,54,000 for retail investors who applied for the minimum 2 lots of 2,000 shares) will be unblocked and refunded. For ASBA applicants, the bank unblocks the funds and credits them back to your bank account. For UPI-based applicants, the refund is processed through the UPI payment system. The refund process typically completes within the defined timeline after allotment. No application fee or processing charge is deducted if you do not receive allotment.\"}},{\"@type\":\"Question\",\"name\":\"How is the allotment decided in Susan Electricals India IPO?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. For retail investors in the Susan Electricals India IPO, allotment is done through a computer-based random lottery system if the retail category is oversubscribed. In the lottery system, every retail applicant has an equal chance of receiving allotment of 1 lot (the minimum lot size for retail). The lottery is based on lots, not on the number of shares or the application amount \\u2014 whether you applied for 2 lots or 5 lots, you are treated the same way in the retail lottery (you may be allotted 1 lot or 0 lots). For NII (HNI) investors who bid for more than Rs 2 lakh, allotment is proportionate.\"}},{\"@type\":\"Question\",\"name\":\"What are the promoters' details of Susan Electricals India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ans. The promoters of Susan Electricals India Limited are Vishal Jain and Mahak Jain. The company was incorporated and built under their leadership, operating from three manufacturing facilities in Ghaziabad, Uttar Pradesh. 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