Sungarner Energies Limited IPO Allotment Status (Check Online)

IPO

Sungarner Energies Limited IPO

NSE SME

Listed On: Aug 31, 2023 at ₹ 250.0

₹ 265600 /3200 Shares
Minimum Investment

21 Aug, 2023

Open Date

23 Aug, 2023

Close Date

28 Aug, 2023

Allotment Date

31 Aug, 2023

Listing Date

Sungarner Energies Limited IPO Details

Issue Price
₹83 per equity share
Face Value
₹10 Per Equity Share
Lot Size
1600
Listing at
NSE SME
Registrar
Skyline Financial Services Private Ltd
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Allotment Overview

The allotment for the initial public offer (IPO) of Sungarner Energies Limited IPO has been finalized on Aug 28, 2023 and is now available to check. Investors can check their allotment status on the issue's registrar Not Available website, IPO Ji app/website, as well as on the BSE and NSE websites.

Subscription Details

The Sungarner Energies Limited IPO was open for subscription between Aug 21, 2023 - Aug 23, 2023 at a price band in the range of ₹83 per equity share.

How to Check Sungarner Energies Limited IPO Allotment Status Online

You can check your IPO allotment status online on the website of the IPO registrar, IPO Ji App/Website, and BSE and NSE websites. You can check the allotment status of the Sungarner Energies Limited IPO if you have applied for it.

Check on IPO Ji

Steps to Check Sungarner Energies Limited IPO Allotment Status on IPO Ji App/Website:

1 Launch the IPO Ji app on your mobile device or visit ipoji.com
2 Navigate to the IPO Allotment Page directly from the home screen of the App or by clicking here (www.ipoji.com/ipo-allotment-status).
3 Create your free account by Providing your PAN and Demat details. (one-time process)
4 Choose Sungarner Energies Limited IPO from the list of available IPOs.
5 Click on the Check Status button.
6 Your allotment status will be displayed on the screen.
How to Check Sungarner Energies Limited IPO Allotment on NSE:
1 Go to NSE IPO Allotment.
2 Select Sungarner Energies Limited IPO from the dropdown menu.
3 Enter your application number, PAN, and captcha
4 Click on "search" to see your allotment status.

Contact Information

On securing the allotment, you will receive the credit of equivalent shares in your Demat account.

Check on IPO Ji

Frequently Asked Questions

Click any question to reveal the answer

Sungarner Energies Limited IPO allotment status is finalised and available now as of Aug 28, 2023. You can check your allotment result on IPO Ji App and Website.

You can check the Sungarner Energies Limited IPO allotment status online using PAN, Application Number, or DP Client ID:

  • Open the Sungarner Energies Limited IPO allotment status page on IPO Ji.
  • Click Allotment Status.
  • Enter your PAN, Application Number, or DP Client ID.
  • Click Search to view your result.

Sample allotment result format:

  • PAN No.: ABCTY1234D
  • Application No.: 9876543210
  • Name: Rakesh J
  • Shares Applied: 50
  • Shares Allotted: 50

There is no fixed or guaranteed expected listing price for the Sungarner Energies Limited IPO. The listing price depends on overall market conditions, investor demand, and the company’s fundamentals. The grey market premium (GMP) can indicate market sentiment, but the actual listing price may be higher or lower than GMP expectations.

You can check the Sungarner Energies Limited IPO allotment status on IPO Ji and on the registrar’s official website (Skyline Financial Services Private Ltd) once the allotment is published.

The allotment is expected on Aug 28, 2023.

If the Sungarner Energies Limited IPO is oversubscribed in the retail category, shares are allotted to Retail Individual Investors (RII) as per the allotment rules. Typically, investors may receive a minimum of 1 lot, subject to availability in the retail portion. If there are not enough shares to allot at least 1 lot to everyone, a lottery is conducted to decide the allotment.

The Sungarner Energies Limited IPO listing date is Aug 31, 2023. The equity shares are expected to list on NSE SME.

Common reasons for not getting allotment in the Sungarner Energies Limited IPO include:

  • Oversubscription: If the retail category is oversubscribed, allotment is done through a lottery, so many valid applications may not get shares.
  • UPI mandate / payment issue: The UPI mandate was not approved in time, or funds were not blocked successfully.
  • Application issue: The application may be rejected due to incorrect or mismatched details (PAN, DP ID/Client ID), or duplicate applications from the same PAN.
  • Bid issue (Retail/RII): If you applied in the retail category and did not bid at the cut-off price, and your bid price was below the final issue price, your application may not be considered.

The registrar for the Sungarner Energies Limited IPO is Skyline Financial Services Private Ltd.

If you don’t receive allotment in the Sungarner Energies Limited IPO, the blocked amount (UPI mandate/ASBA) is usually released after the allotment is finalised. In most cases, it is unblocked within 24 hours, but it may take up to 1–2 working days depending on your bank.

If you are allotted shares, the required amount is debited from your bank account and the remaining balance (if any) is unblocked.