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Susan Electricals India IPO Opens, Fully Subscribed on First Day with Rs 70 Crore Target

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Susan Electricals India IPO Opens, Fully Subscribed on First Day with Rs 70 Crore Target

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
Analysed 11 Jun 2026·2 sources analysed·India·Business
Susan Electricals India IPO Opens, Fully Subscribed on First Day with Rs 70 Crore TargetPreviousNext

Susan Electricals India opened its IPO subscription on June 11, aiming to raise Rs 70.38 crore through a fresh issue and offer-for-sale, with a price band of Rs 120-127 per share. The IPO was fully subscribed on the first day, with allotment expected by June 16 and listing on the BSE SME platform on June 18. Founded in 2007, the company manufactures electrical winding wires and power cables, serving power distribution sectors and benefiting from government infrastructure initiatives.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is positive (72/100). Lens Score 33/100 — low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • mint— balanced framing, positive sentiment
  • economictimes— balanced framing, positive sentiment
Political Bias
0%100%0%
Sentiment
72%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 11 Jun 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 0%● Center 100%● Right 0%

The articles present a primarily business-focused perspective without political framing. They highlight company performance, IPO details, and government infrastructure schemes neutrally, reflecting industry and investor viewpoints. There is no evident political bias, as coverage centers on financial and operational facts rather than political implications.

Sentiment — Positive (72/100)

The overall tone is positive, emphasizing the IPO's full subscription on the first day and the company's strong financial growth. While the grey market premium is noted cautiously, the sentiment remains optimistic about the company's prospects and market interest, reflecting investor confidence and favorable market conditions.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

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Hiliks Technologies Secures Rs 37.75 Crore Railway Subcontract, Pending Orders Reach Rs 70 Crore
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Sebi Reviews Derivatives Market Rules Amid Proprietary Traders’ Reclassification Demand
SourceTheir headlineBiasSentiment
mintSusan Electricals India IPO fully subscribed on first bidding day. Check GMP, issue details, key dates Stock Market NewsCenterPositive
economictimesSusan Electricals IPO opens for subscription today. Check GMP, price band and other detailsCenterPositive

Coverage timeline

economictimes broke this story on 11 Jun, 02:53 am. Other outlets followed.

  1. 1
    economictimes11 Jun, 02:53 am
    Susan Electricals IPO opens for subscription today. Check GMP, price band and other details
  2. 2
    mint11 Jun, 08:42 am
    Susan Electricals India IPO fully subscribed on first bidding day. Check GMP, issue details, key dates Stock Market News

Lens Score breakdown

33/100
Public interest0/100
Coverage gap100%

Well-covered story — coverage matches public importance.

Who's involved

Institutions and figures named across source coverage.

Corporate
Susan Electricals IndiaMudra RTA VenturesSeren Capital

Story context

Category
Business
Location
India
Sources analysed
2
Last analysed
11 Jun 2026
Key entities
Gross metropolitan productInitial public offeringLakhCroreIndian rupeeIndiaSmall and medium-sized enterprisesElectric power distributionBombay Stock ExchangeGhaziabadRural electrificationNet income