Sungarner Energies Limited
Fixed Price Issue IPO · NSE
- Price band
- ₹83 - ₹83
- Lot size
- 1,600 shares
- Issue amount
- ₹5.31 cr
- Total subscription
- 151.2×
- Opens
- 21 Aug 2023
- Closes
- 23 Aug 2023
- Allotment
- 28 Aug 2023
- Listing
- 31 Aug 2023
Offer at a glance
Issue overview
- Issue size
- 6,40,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,32,800
- Fresh issue
- ₹5.31 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,32,800
- Issue type
- Fixed Price Issue IPO
- Shares before issue
- 16,78,750
- Shares after issue
- 23,18,750
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,32,800 |
| HNI | 2 | 3,200 | ₹2,65,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 2.42 | 466.21 |
| NIB | 2.42 | 264.7 |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Values |
|---|---|
| EPS | 6.35 |
| ROE | 31.17 |
| ROCE | 25.28 |
| RONW | 23.18 |
| PRE IPO(PE) | 13.07 |
| POST IPO(PE) | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2015, Sungarner Energies Limited manufactures Solar Inverters, Online UPS systems, EV Chargers, and Lead Acid Batteries. The company started as a Solar Design Engineering and EPC firm, and later diversified into power electronics and energy storage. It produces lead acid batteries ranging from 12V 40Ah to 12V 300Ah. The company has also received a WMI code for EV manufacturing and is currently at the prototype stage. Sungarner’s key markets include Haryana, UP, Bihar, Rajasthan and Assam. It operates 6 service centres in India and has started exports in the last two years to countries like Nigeria, Lebanon, Nepal, Dubai and Bhutan.
Promoters
Mr. Sumit Tiwari
Mrs. Snigdha Tiwari
Registrar & documents
Lead manager
Fast Track Finsec Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
1/5322, S/F, Plot No. 19A, Gali No.13, Balbir Nagar Ext., New Delhi- 110032
+917428296411
[email protected]Company website ↗Understanding SEL IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.