Sungarner Energies Limited
listed
₹1.33LMin. investment
Sungarner Energies Limited IPO Details
Issue size
₹5.31Cr
IPO type
SME
Price range
₹83.00 – ₹83.00
Listing date
31 Aug 2023
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
Sungarner Energies Limited Timeline
- Bid start21 Aug 2023
- Bid end23 Aug 2023
- Allotment23 Aug 2023
- Release of funds29 Aug 2023
- Demat transfer28 Aug 2023
- Listing31 Aug 2023
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 |
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Sungarner Energies Limited Contact Details
Company NameSungarner Energies Limited
How to apply for Sungarner Energies Limited?
- Step 1
Log in to your Upstox account to access IPO investments. Next, select the current IPO section.
- Step 2
Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3
Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4
Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5
Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.