Sungarner Energies is providing wide selection of energy answers similar to Solar Power, UPS, Batteries, and Inverters. Our corporate may be engaged within the buying and selling of sun panel trade. They supply answers, design, and engineering products and services to our shoppers. The Company’s management crew is composed of promoters and different administrators and KMPs who’ve a wealthy enjoy within the box of solar power. This has made their corporate a extremely acclaimed and depended on undertaking with a focal point on innovation and sustained expansion. Sungarner are having a professionally controlled crew to execute our initiatives having huge techno-commercial wisdom and enjoy. Furthermore, our corporate additionally supply more than a few roughly products and services similar to Solar Power Plants Projects, Solar Power Generation System, and Operation & upkeep thereof.
Sungarner Energies Limited produces lead acid batteries of various capacities within the vary from 12 Volts 40 ampere-hour to twelve volts 300 ampere-hours. Today SunGarner Products are to be had thru its Distributors to achieve success within the Lead-acid batteries trade excluding high quality product distribution & Brand reputation is the spine for expansion in earnings. They have already established a distribution community in one of the key markets like Haryana, UP, Bihar, Rajasthan, and Assam. SunGarner Today has 6 provider Centres in India – Delhi, UP Haryana, Bihar Assam, and Bengal. SunGarner is within the strategy of increasing its footprint additional via appointing an extra 500 Franchisees to hide all primary Districts of India via the tip of 2025. Also, SunGarner has began exports within the remaining 2 years and has exported its merchandise to Nigeria, Lebanon, Nepal, Dubai, and Bhutan.
SunGarner Solar EPC Division has to this point commissioned greater than 50 huge Solar Projects within the remaining 8 years. Some of the celebrated initiatives that they’ve commissioned are for purchasers like Interglobe Enterprises, DLF, Jubilant Life Sciences, Eli Lilly, Modi Xerox, V N Dyers and Textiles, The ITC Hotels Delhi, The India Thermit Nagpur, Sarovar Portico Lucknow, Satyam Hospital Ludhiana, Dayawati Modi School Rampur to call a couple of. Further, they have got additionally forayed into world initiatives via putting in the biggest solar energy venture in Bhutan in 2021.
Objects of the Issue:
- To meet Working Capital Requirements.
- General company functions.
- Issue comparable bills
SunGarner Energies IPO Review
SunGarner Energies IPO Date & Price Band Details
| IPO Open: | August 21, 2023 |
| IPO Close: | August 23, 2023 |
| IPO Size: | Approx ₹5.31 Crores, 640,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹83 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the online be offering |
| QIB Quota: | [.]% of the online be offering |
| NII Quota: | 50% of the online be offering |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
SunGarner Energies IPO Market Lot
The SunGarner Energies IPO minimal marketplace lot is 1600 stocks with a ₹132,800 software quantity.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹132,800 |
| Retail Maximum | 1 | 1600 | ₹132,800 |
| S-HNI Minimum | 2 | 3200 | ₹265,600 |
SunGarner Energies IPO Dates
The SunGarner Energies IPO date is August 21 and the IPO shut date is August 23. The IPO allotment date is August 28 and the IPO would possibly record on August 31.
| IPO Open Date: | August 21, 2023 |
| IPO Close Date: | August 23, 2023 |
| Basis of Allotment: | August 28, 2023 |
| Refunds: | August 29, 2023 |
| Credit to Demat Account: | August 30, 2023 |
| IPO Listing Date: | August 31, 2023 |
You can test IPO subscription standing and IPO allotment standing on their respective pages.
SunGarner Energies IPO Form
How to use SunGarner Energies IPO? You can observe SunGarner Energies IPO by means of ASBA to be had on your checking account. Just cross to the net financial institution login and observe by means of your checking account via settling on the SunGarner Energies IPO within the Invest segment. The different choice you’ll observe SunGarner Energies IPO by means of IPO bureaucracy obtain by means of the NSE web site. Check out the SunGarner Energies bureaucracy – click on NSE IPO Forms obtain, fill and publish on your financial institution or along with your dealer.
SunGarner Energies Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 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 – FY2023
Check SunGarner Energies IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
| Earning Per Share (EPS): | ₹6.35 in step with Equity Share |
| Price/Earning P/E Ratio: | 13.07 |
| Return on Net Worth (RoNW): | 23.18% |
| Net Asset Value (NAV): | ₹19.09 in step with Equity Share |
Peer Group
- Insolation Energy Limited
- Veer Energy & Infrastructure Limited
- V Guard Industries Limited
- Mr. Sumit Tiwari
- Mrs. Snigdha Tiwari
SunGarner Energies IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/
SunGarner Energies IPO Allotment Status
Check SunGarner Energies IPO allotment standing on Skyline Financial web site URL. Click Here
SunGarner Energies IPO Lead Managers aka Merchant Bankers
- Fast Track Finsec Pvt Ltd
Company Address
Sungarner Energies Limited
1/5322, S/F, Plot No. 19A,
Gali No.13, Balbir Nagar Ext.,
New Delhi- 110032
Phone: +917428296411
Email: [email protected]
Website: https://www.sungarner.com/
SunGarner Energies IPO FAQs
What is SunGarner Energies IPO?
SunGarner Energies IPO is an NSE SME IPO. They are going to elevate ₹5.31 Crores by means of IPO. The factor is priced at ₹83 in step with fairness percentage. The IPO is to be indexed on NSE.
When SunGarner Energies IPO will open?
What is SunGarner Energies IPO Investors Portion?
How to Apply the SunGarner Energies IPO?
How to Apply the SunGarner Energies IPO thru Zerodha?
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How to Apply the SunGarner Energies IPO thru Paytm Money?
What is SunGarner Energies IPO Size?
What is SunGarner Energies IPO Price Band?
SunGarner Energies IPO Price Band is ₹83 in step with fairness percentage.
What is SunGarner Energies IPO Minimum and Maximum Lot Size?
What is SunGarner Energies IPO Allotment Date?
What is SunGarner Energies IPO Listing Date?
Note: The SunGarner Energies IPO main points are introduced formally. The IPO gray marketplace top class (SunGarner Energies IPO Premium) is up to date at the respective web page. You can test our IPO gray marketplace web page for day-to-day updates.)
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– Source : IPOWATCH