Sungarner Energies offers a wide range of energy solutions such as solar power, UPS, batteries and inverters. Our company is also engaged in the trading of solar panels. They provide solutions, design and engineering services to our customers. The Company’s management team consists of project promoters and other directors and KMPs who have extensive experience in the solar energy space. This has made her company a highly acclaimed and trusted company with a focus on innovation and sustainable growth. Sungarner has a professionally managed team to carry out our projects, which has extensive technical and commercial knowledge and experience. In addition, our company also provides various types of services such as: B. Solar power plant projects, solar power generation systems and their operation and maintenance.
Sungarner Energies Limited manufactures lead acid batteries of various capacities ranging from 12 volt 40 amp hours to 12 volt 300 amp hours. Today, SunGarner products are available through its distributors to succeed in the lead-acid battery business. Aside from distributing quality products, brand awareness is the backbone for sales growth. They have already established a distribution network in some of the key markets like Haryana, UP, Bihar, Rajasthan and Assam. SunGarner today has 6 service centers in India – Delhi, UP Haryana, Bihar Assam and Bengal. SunGarner is in the process of further expanding its footprint by appointing an additional 500 franchisees by the end of 2025 to cover all major districts of India. Besides, in the last two years, SunGarner has started exporting and its products to Nigeria, Lebanon, Nepal, Dubai and Bhutan.
SunGarner Solar EPC Division has commissioned more than 50 large solar projects in the past 8 years. Some of the prestigious projects they have commissioned are for clients like Interglobe Enterprises, DLF, Jubilant Life Sciences, Eli Lilly, Modi Xerox, VN Dyers and Textiles, The ITC Hotels Delhi, The India Thermit Nagpur, Sarovar Portico Lucknow and Satyam Hospital Ludhiana, Dayawati Modi School Rampur to name a few. In addition, they have also participated in international projects and installed the largest solar energy project in Bhutan in 2021.
Subject of issue:
- To meet working capital requirements.
- General Business Purposes.
- Output Related Expenses
Valuation of the IPO of SunGarner Energies
Details on SunGarner Energies IPO date and price range
| IPO opened: | August 21, 2023 |
| IPO completed: | August 23, 2023 |
| IPO size: | Approx ₹5.31 crores, 640,000 shares |
| face value: | ₹10 Per equity share |
| IPO price range: | ₹83 Per equity share |
| Stock exchange listing on: | NSE SMEs |
| Retail Quota: | 50% of net supply |
| QIB rate: | [.]% of net supply |
| NII rate: | 50% of net supply |
| DRHP prospectus draft: | Click here |
| RHP prospectus draft: | Click here |
| Anchor investors in the IPO: | Click here |
SunGarner Energies IPO market plot
The minimum market size for the SunGarner Energies IPO is 1600 shares with an application amount of ₹132,800.
| Application | batch size | shares | Crowd |
| retail minimum | 1 | 1600 | ₹132,800 |
| retail maximum | 1 | 1600 | ₹132,800 |
| S-HNI minimum | 2 | 3200 | ₹265,600 |
SunGarner Energies IPO dates
SunGarner Energies’ IPO date is August 21st and the IPO end date is August 23rd. The IPO grant date is August 28 and the IPO could happen on August 31.
| IPO opening date: | August 21, 2023 |
| Stock market closing date: | August 23, 2023 |
| Allocation basis: | August 28, 2023 |
| Refunds: | August 29, 2023 |
| Credit to Demat account: | August 30, 2023 |
| Date of listing: | August 31, 2023 |
You can check the IPO subscription status and IPO allotment status on the respective pages.
SunGarner Energies IPO Form
How to Apply SunGarner Energies IPO? You can apply for SunGarner Energies IPO through ASBA available in your bank account. Simply go to the online bank login and apply through your bank account by selecting SunGarner Energies IPO in the Invest section. The other option is to apply for SunGarner Energies IPO through IPO forms that can be downloaded from the NSE website. Check out the SunGarner Energies forms – click NSE IPO Forms, download, fill out and submit to your bank or broker.
Financial Report of SunGarner Energies Company
| ₹ in crores | |||
| Year | revenue | Cost | BEAT |
| 2020 | ₹- | ₹- | ₹- |
| 2021 | ₹5.36 | ₹4.99 | ₹0.15 |
| 2022 | ₹7.98 | ₹6.99 | ₹0.57 |
| 2023 | ₹17.65 | ₹16.06 | ₹0.74 |
SunGarner Energies IPO Valuation – Fiscal Year 2023
View SunGarner Energies IPO valuation details e.g. E.g. earnings per share (EPS), price-earnings-PER, net yield (RoNW) and net asset value (NAV).
| Earnings per share (EPS): | ₹6.35 per equity share |
| Price-Earnings-P/E Ratio: | 13.07 |
| Return on Net Assets (RoNW): | 23.18% |
| Net Asset Value (NAV): | ₹19.09 per equity share |
peer group
- Insulation Energy Limited
- Veer Energy & Infrastructure Limited
- V Guard Industries Limited
- Mister. Sumit Tiwari
- Woman. Snigdha Tiwari
SunGarner Energies IPO Registrar
Skyline Financial Services Private Ltd
Telephone: 02228511022
E-mail: [email protected]
Website: https://www.skylinerta.com/
SunGarner Energies IPO Allotment Status
Check SunGarner Energies IPO grant status on Skyline Financial website URL. Click here
IPO Lead Manager of SunGarner Energies, aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
company address
Hungarian Energies Limited
1/5322, S/F, Plot No. 19A,
Gali No. 13, Balbir Nagar Ext.,
New Delhi – 110032
Telephone: +917428296411
E-mail: [email protected]
Website: https://www.sungarner.com/
Frequently asked questions about the SunGarner Energies IPO
What is the SunGarner Energies IPO?
SunGarner Energies IPO is an NSE SME IPO. They will raise ₹5.31 crores through an IPO. The issue price is ₹83 per share. The IPO is to be listed on the NSE.
When will the SunGarner Energies IPO open?
The IPO is scheduled to open on August 21, 2023 for QIB, NII and retail investors.
What is SunGarner Energies IPO investor share?
The investor share for QIB is [.]%, NII is 50% and Retail is 50%.
How to Apply SunGarner Energies IPO?
You can apply for SunGarner Energies IPO through ASBA online through your bank account. You can also apply for ASBA online through UPI through your stockbroker. You can also apply through your stockbroker by filling out the offline form.
How to do SunGarner Energies IPO through Zerodha?
Log in to the console on the Zerodha website or application. Go to Portfolio and click IPO. You will see the IPO name “SunGarner Energies”. Click the Bid button. Enter your UPI ID, quantity and price. Submit the IPO application form. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Zerodha.
How to do SunGarner Energies IPO through Upstox?
Log in to the Upstox application with your credentials. Select the IPO. You will see the IPO name “SunGarner Energies”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a demat account with Upstox.
How to do SunGarner Energies IPO via Paytm Money?
Login to Paytm Money Application with your credentials. Select the IPO. You will see the IPO name “SunGarner Energies”. Click the Bid button. Confirm your application. Now go to your UPI app in Net Banking or BHIM app to approve the mandate. Open a Demat account with Paytm Money.
How big is SunGarner Energies IPO?
The size of SunGarner Energies IPO is ₹5.31 crores.
What is SunGarner Energies IPO price band?
SunGarner Energies IPO price band is ₹83 per share.
What is the minimum and maximum lot size for SunGarner Energies IPO?
The IPO bid is 1600 shares at ₹132,800.
What is the grant date for the SunGarner Energies IPO?
The grant date for the SunGarner Energies IPO is August 28, 2023.
What is the public listing date of SunGarner Energies?
SunGarner Energies’ IPO date is August 31, 2023. The IPO is scheduled to be listed on the NSE SME. Note: SunGarner Energies IPO details will be officially announced. The IPO gray market premium (SunGarner Energies IPO Premium) will be updated on the respective page. Visit our IPO gray market page for daily updates.)
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