214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Sungarner Energies IPO (Sungarner Energies Limited IPO) Detail

Sungarner Energies Limited is an Electric Equipments based company, located in New Delhi, Sungarner Energies Limited IPO size was 5.31 Cr. and was issued at 83.00 per share. The share of Sungarner Energies Limited were listed at 262.35 per share and are currently trading at 230.00 per share.

Type :
Sub Sector : Provides Power Solutions Such As Solar Power, UPS Etc.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
17.65 Cr.

PAT :
0.74 Cr.

Pricing Report

Issue Price :
83.00

Listing Price :
262.35

Current Market Price :
230.00

Issue Price vs CMP :
147 (177.11%)

listing Price vs CMP :
32.35 (12.33%)

Performance Report (CAGR* wise)

CAGR : 62.02
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Sungarner Energies

Company Information
Sungarner Energies was founded and promoted by Mr. Sumit Tiwari in year 2015, with a motive of providing efficient and low-cost power solutions. The Company is offering a wide range of power solutions such as Solar Power, UPS, Batteries, Inverters and Solar Panels. They also provide high quality professional solutions like design and engineering services in power sector to their customers. At the start of their Journey “SEL” was a Design Engineering and Solar EPC company and gradually company also diversified into Manufacturing of Power Electronics and Energy storage Products. Today Sungarner Energies Limited is also into manufacturing of Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries. Sungarner has also obtained WMI code for manufacturing of EV Vehicles (although they have only
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Object of Issue
  • To meet the working capital requirements of the company
  • General Corporate Purposes
  • To meet issue expenses

Sungarner Energies SME IPO Details (at the time of IPO)

IPO Type :
Fixed Price
IPO Date :
Aug, 2023
IPO Size :
5.31 Cr.
Market Cap :
19.25 Cr.   
IPO Subscription :
152.40 X     
PE Multiple :
25.94
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FAQs

Sungarner Energies operates in Electric Equipments and Provides Power Solutions Such As Solar Power, UPS Etc.. The Issue is listed on NSE EMERGE in Aug, 2023. Sungarner Energies IPO size was 5.31 Cr. with Issue price of 83.00 .

Sungarner Energies IPO subscription was 152.40 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Sungarner Energies IPO listed at a listing price of 262.35 against the offer price of 83.00.

The current market price of Sungarner Energies is 230.00.

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