Mumbai, June 18 -- The scrip was listed at Rs 186, a 46.46% premium the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price.

The counter hit a high of Rs 195.30 and a low of Rs 180.60. About 29.19 shares of the company changed hands at the counter.

Susan Electricals India's IPO was subscribed 192.06 times. The issue opened for bidding on 11 June 2026 and it closed on 15 June 2026. The price band of the IPO was fixed between Rs 120 to Rs 127 per share.

The IPO comprised a fresh issue of 47,42,000 shares and an offer for sale (OFS) of 8,00,000 shares by existing shareholders.

The company intends to utilise the net proceeds for funding of capital expenditure towards expansion of...