Sungarner Energies Limited

About the company

## **About Sungarner Energies  IPO** Incorporated in 2015,  Sungarner Energies offers a wide range of power solutions such as solar power, UPS, batteries, inverters and solar panels. The company focuses on reliable, efficient & lowest cost of energy solutions. Over the years, the company has diversified its business operations and now manufactures power electronics and energy storage products. They have already established distribution networks in some of the key markets like Haryana, UP, Bihar, Rajasthan, and Assam. The company has started exports in the last two years and has exported its products to Nigeria, Lebanon, Nepal, Dubai and Bhutan. Now, Sungarner Energies Limited is coming out with its initial public offer (IPO). The IPO will be a fresh issue. The money raised through the fresh issue will be utilised to meet working capital requirements, to meet issue expenses & for general corporate purposes. ## **Here are key details about the Sungarner Energies  IPO :** Company Name| Sungarner Energies |  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   21 Aug 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   23 Aug 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   23 Aug 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   29 Aug 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   28 Aug 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   31 Aug 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.