Sungarner Energies Limited IPO
Sungarner Energies Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹83 per share. The stock debuted at ₹250, delivering a listing gain of 201.2%. The IPO had a lot size of ₹1600 shares and a minimum investment of ₹1,32,800.
Sungarner Energies Limited IPO
- IPO Dates
- Aug 21, 2023 – Aug 23, 2023
- Price band
- ₹83 per equity share
- Minimum Investment
- ₹1,32,800
- Issue size
- 640,000 shares(aggregating up to ₹5.31 Cr)
- Lot size
- 1600
- Allotment Date
- Aug 28, 2023
- Listing
- Aug 31, 2023
- Listing At
- NSE SME
IPO timeline
-
Aug 21, 2023
Open Date
Completed
-
Aug 23, 2023
Close Date
Completed
-
Aug 28, 2023
Allotment Date
Completed
-
Aug 31, 2023
Listing Date
Completed
Sungarner Energies Limited IPO Essentials
Sungarner Energies Limited IPO Details
Sungarner Energies Limited IPO is priced at ₹83 per share with a total issue size of 640,000 shares(aggregating up to ₹5.31 Cr). The IPO has a lot size of 1600 shares and is listed on NSE SME.
- Issue price
- ₹83 per equity share
- Lot size
- 1600 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 640,000 shares(aggregating up to ₹5.31 Cr)
- Listing at
- NSE SME
- List price
- 250.0
- Listing date
- Registrar
- Skyline Financial Services Private Ltd
- Lead manager
-
Fast Track Finsec Pvt Ltd
Sungarner Energies Limited IPO Analytics
Sungarner Energies Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Sungarner Energies Limited IPO Subscription Status
Sungarner Energies Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 291,200 | 291,200 | 582,400 |
|
Day 1
21-08-23 06:00 PM
|
(1.48) x | 3.85 x | 2.68 x |
|
Day 2
22-08-23 06:00 PM
|
(8.79) x | 43.88 x | 26.35 x |
|
Day 3
23-08-23 06:00 PM
|
(109.52) x | 192.89 x | 151.95 x |
Sungarner Energies Limited Valuations
Earnings
- EPS (Post IPO)
- ₹6.35/-
- P/E Ratio
- 13.07
Returns
- RoNW
- 31.17%
Sungarner Energies Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 1,014.67 | 536.27 | 318.19 |
| Revenue | 1,765.33 | 797.66 | 536.43 |
| Profit After Tax | 74.31 | 57.50 | 15.72 |
Sungarner Energies Limited Company & Offer Insights
About Sungarner Energies Limited
Sungarner Energies Limited is engaged in the business of manufacturing Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries.
SEL started as a Design Engineering and Solar EPC company and gradually diversified into Manufacturing Power Electronics and Energy Storage Products. The company produces lead acid batteries of varying capacities in the range from 12 Volts 40 ampere-hours to 12 volts 300 ampere-hours.
SunGarner has also obtained a WMI code for the manufacturing of EV Vehicles which is currently in the prototype stage, awaiting full-scale manufacturing of EV Vehicles.
SunGarner's main clientele comes from the states of Haryana, UP, Bihar, Rajasthan, and Assam. It has 6 service Centres in India - Delhi, UP Haryana, Bihar Assam, and Bengal. The company is in the process of expanding its footprint by appointing an additional 500 Franchisees to cover all major Districts of India by the end of 2025. Also, SunGarner has also started exports in the last 2 years and has exported its products to Nigeria, Lebanon, Nepal, Dubai and Bhutan.
Sungarner Energies Limited Promoter(s)
Mr. Sumit Tiwari, Mrs. Snigdha Tiwari are the company's promoters of Sungarner Energies Limited.
Sungarner Energies Limited IPO Issue Objectives
- •
- To meet the working capital requirements of the company
- •
- General corporate purposes
- •
- To meet issue expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Sungarner Energies Limited IPO is a Fixed Priced IPO worth ₹640,000 shares(aggregating up to ₹5.31 Cr). The issue price is ₹83 per share (fixed price). The IPO opens on Aug 21, 2023 and closes on Aug 23, 2023. It will be listed on NSE SME Platform. Skyline Financial Services Private Ltd is the registrar.
The issue price of Sungarner Energies Limited IPO is ₹83 per share (fixed price).
The lot size of Sungarner Energies Limited IPO is 1600 shares.
The minimum investment for Sungarner Energies Limited IPO is approximately ₹1,32,800 based on the issue price .
Sungarner Energies Limited IPO opens on Aug 21, 2023 and closes on Aug 23, 2023.
The allotment date of Sungarner Energies Limited IPO is Aug 28, 2023.
Sungarner Energies Limited IPO is expected to be listed on Aug 31, 2023, on NSE SME Platform.
Sungarner Energies Limited IPO valuation snapshot: P/E 13.07, EPS ₹6.35/-, P/B N/A, RoNW 31.17%, and market cap N/A.
To apply for Sungarner Energies Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Sungarner Energies Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Sungarner Energies Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Sungarner Energies Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Sungarner Energies Limited IPO allotment status on IPO Ji for quick and easy access.