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Sungarner Energies Limited

Sungarner Energies Limited

listed
₹1.33LMin. investment

Sungarner Energies Limited IPO Details

Price range₹83.00 – ₹83.00
IPO type
SME
Lot size1600 shares
Issue size₹5.31Cr
RHP/DRHP
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Sungarner Energies Limited Timeline

  1. Bid start
    21 Aug 2023
  2. Bid end
    23 Aug 2023
  3. Allotment
    23 Aug 2023
  4. Release of funds
    29 Aug 2023
  5. Demat transfer
    28 Aug 2023
  6. Listing
    31 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 NameSungarner Energies  Company TypePrivate
IPO TypeSME

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Sungarner Energies Limited Contact Details

Company NameSungarner Energies Limited

How to apply for Sungarner Energies Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sungarner Energies IPO FAQs