11 Jun 2026
Susan Electricals India IPO Review
Analysis
Susan Electricals enters the market with strong recent financial growth and positive unofficial GMP sentiment.
Financial summary
FY26 revenue was reported at Rs 269.96 crore versus Rs 136.05 crore in FY25, while PAT rose to Rs 18.25 crore from Rs 5.65 crore.
Strengths
Revenue nearly doubled in FY26 and profit after tax increased sharply, while demand is supported by power infrastructure spending.
Risks
SME IPOs can be volatile after listing, and GMP is unofficial and can change quickly.