IPO of Sungarner Energies: Last day for an offer today! Check current GMP, Price Range, Lot Size, Minimum Investment Amount, Grant Date and Listing Date

Sungarner Energies IPO GMP Today: Websites tracking activities in the unlisted market are suggesting that the Sungarner Energies IPO will achieve a GMP in the range of Rs 15-17 at a share price of Rs 83. Take a look at key details, including price band, lot size, current gray market premium (GMP), allocation size and listing date.

Updated August 23, 2023 | 1:44 p.m. IST

Sungarner Energies IPO achieves GMP in the range of Rs 15-17 (Image: Canva Pro/TIMES NOW Digital)

Sungarner Energies IPO GMP today: Sungarner Energies Limited’s (SEL) three-day initial public offering (IPO) closes on Wednesday. View key details including price range, lot size, current gray market premium (GMP), quota size and listing date.

Dates for IPOs of Sungarner Energies

The tender for the IPO of Sungarner Energies started on August 21st. The last day for the call for entries is August 23rd.

Price and lot size of the IPO of Sungarner Energies

Sungarner Energies IPO has a fixed price of 83 rupees. The lot size or minimum number of shares to bid on is 1,600. The issue size is 6,40,000 shares. The minimum amount an investor needs to apply for this IPO is Rs 1,32,800.

Sungarner Energies IPO GMP today

Websites tracking activity in the unlisted market suggest that the IPO of Sungarner Energies will fetch a GMP in the range of Rs 15-17 at a share price of Rs 83.

Grant date of the IPO of Sungarner Energies

The final allotment of the public issue is expected to be published on August 28th. Once the allocation status is available, bidders can view it on the Bombay Stock Exchange (BSE) official website and the Emissions Registry website. Skyline Financial.

Following the allotment, the refund for non-bidders is expected to be initiated on August 29, while the demat transfer of the shares is expected to occur on August 30.

Date of the public listing of Sungarner Energies

Sungarner Energies shares are expected to be listed on the NSE Emerge platform on August 31.

About the business of Sungarner Energies

Sungarner Energies started out as a design engineering and solar EPC company. Eventually, it diversified into manufacturing power electronics and energy storage products. Sungarner Energies also manufactures solar inverters, online UPS systems, electric vehicle (EV) chargers and lead-acid batteries. SunGarner has also received the WMI code for manufacturing electric vehicles.