247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Sungarner Energies Limited IPO (Sungarner Energies IPO) Details

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 497.00 per share.

Type :
Sub Sector :
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 :
497.00

Issue Price vs CMP :
414 (498.80%)

listing Price vs CMP :
234.65 (89.44%)

Performance Report (CAGR* wise)

CAGR : 252.94
-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.

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
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
IPO Registrar:
Skyline Financial Services Private Limited
Anchor Investors:

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FAQs

Sungarner Energies operates in Electric Equipments and . 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 497.00.

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