Susan Electricals India Limited, originally incorporated as Suvish Insulation Private Limited in 2007, underwent significant transformations before adopting its current name and public limited status in December 2025. The company operates in the electrical manufacturing sector, focusing on producing aluminum and copper-based electrical winding wires, conductors, and cables. Their product offerings include Low Tension (LT) and High Tension (HT) cables, winding wires and strips, and aluminum conductors, catering to diverse customer needs across power distribution and infrastructure sectors.
The company expanded its capabilities over the years, launching its Low Tension Cable Division in 2015 and a High Tension Cable Division in 2025. To support its growth, it established two manufacturing units in Ghaziabad, Uttar Pradesh—Unit II in FY24 and Unit III in 2025. In addition to manufacturing, Susan Electricals engages in trading aluminum wires and rods, vital raw materials for its production processes, and offers job work services for wire and strip processing.
Susan Electricals primarily serves state-owned electricity distribution utilities (DISCOMs), private infrastructure developers, and companies in the electrical wires and cables market. Its products are critical in power distribution networks, overhead distribution lines, underground cabling, as well as transformer and motor winding applications, positioning the company as a key player in the electrical and power infrastructure industry.
The company has recently filed a Draft Prospectus with SEBI, indicating its intention to offer 54,00,000 equity shares at Rs. 10 each. The planned public issue includes a fresh issue of 47,80,000 shares and an offer for sale of 6,20,000 shares. This move reflects an effort to raise capital and potentially expand its market foothold, making it an intriguing prospect for investors and traders.