The Sungarner Energies IPO Subscription Status has started on August 21, 2023, and it is also being subscribed to by NII, and RII. The Sungarner Energies IPO has opened on 21 August 2023 and closes on 23 August 2023. Sungarner Energies IPO is preparing to raise ₹5.31 crores through its Fresh Issue, and the Sungarner Energies IPO price band is fixed at ₹83 per share. Check Sungarner Energies IPO GMP here.
Sungarner Energies Limited is a manufacturing and 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. The company provide solutions like design and engineering services in power sector to our customers.
Sungarner Energies IPO reserved shares in this IPO, 50% for NII, and 50% for the retail category have been reserved. To know the Sungarner Energies IPO Subscription Status, you can see the below-day Subscription. You can check Sungarner Energies IPO Allotment Status here.
Sungarner Energies IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹0.74 Cr ₹83/ EQ 6.35 13.07x 31.17 % 31.17 % 25.28 % 1.32 ₹19.09 ₹10.15 Cr ₹19.25 Cr 84.94 % 61.49 % |
| Team Review : | ✔ Apply For Long Term |
Sungarner Energies IPO Subscription Status {Live Update} :
The total Sungarner Energies IPO Subscription Status subscribed 152.38x times so far, with NII subscribed 110.59x times & RII 192.89x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| NII : | 0.45x | 8.77x | 110.59x |
| RII : | 0.96x | 43.65x | 192.89x |
| Total : | 0.70x | 26.23x | 152.38x |
Sungarner Energies IPO Shares Offer :
Sungarner Energies IPO is a public issue of 6,40,000 equity shares. The issue offers 291,000 shares for non-institutional investors, and 291,000 shares for retail investors.
| Category | Shares Offer | Amount |
| NII : | 291,200 | ₹2.42 Cr |
| RII : | 291,200 | ₹2.42 Cr |
| MMRP : | 57,600 | ₹0.48 Cr |
| Total : | 6,40,000 | ₹5.31 Cr |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Sungarner Energies IPO Subscription Status FAQs :
How much was the total Sungarner Energies IPO Subscription Status?
The total Sungarner Energies IPO Subscription Status 152.38x times Day 3.
How much is the Sungarner Energies IPO retail subscription Status?
Sungarner Energies IPO Retail Subscription 192.89x times Day 3.
How much did Sungarner Energies IPO NII subscribe?
Sungarner Energies IPO NII Subscription 110.59x times Day 3.
How much is Sungarner Energies IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Sungarner Energies IPO Allotment Date?
Sungarner Energies IPO allotment date is 28 August 2023.
When is Sungarner Energies IPO Listing Date?
Sungarner Energies IPO listing date is 31 August 2023. The IPO to list on NSE, SME.
How to Apply the Sungarner Energies IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Sungarner Energies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sungarner Energies IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Sungarner Energies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sungarner Energies IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Sungarner Energies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Sungarner Energies IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Sungarner Energies IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Sungarner Energies IPO GMP: Click Here Sungarner Energies IPO Details: Click Here Sungarner Energies IPO Allotment: Click Here Sungarner Energies IPO Listing: Click Here |
All Sungarner Energies IPO-related links are available here. If you want to know the details then click on Click Here Link.
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