
Sungarner Energies Limited
listed
₹1.33LMin. investment
About Sungarner Energies Limited
Issue size
₹5.31Cr
IPO type
SME
Price range
₹83.00 – ₹83.00
Lot size
1600 shares
RHP/DRHP
Read
Price range₹83.00 – ₹83.00
IPO type
SME
Lot size1600 shares
Issue size₹5.31Cr
RHP/DRHP
Read
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About Sungarner Energies IPO
Incorporated in 2015, Sungarner Energies offers a wide range of power solutions such as solar power, UPS, batteries, inverters and solar panels. The company focuses on reliable, efficient & lowest cost of energy solutions. Over the years, the company has diversified its business operations and now manufactures power electronics and energy storage products.
They have already established distribution networks in some of the key markets like Haryana, UP, Bihar, Rajasthan, and Assam. The company has started exports in the last two years and has exported its products to Nigeria, Lebanon, Nepal, Dubai and Bhutan.
Now, Sungarner Energies Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements, to meet issue expenses & for general corporate purposes.
Here are key details about the Sungarner Energies IPO :
Company Name | Sungarner Energies | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Sungarner Energies Limited ?
The issue size of the Sungarner Energies Limited is 5.3099999 Cr.
What is 'pre-apply' for Sungarner Energies Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Sungarner Energies Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts21 Aug 2023
- Bidding ends23 Aug 2023
- Allotment finalisation23 Aug 2023
- Release of funds29 Aug 2023
- Demat transfer28 Aug 2023
- Listing31 Aug 2023