Sungarner Energies IPO Details

Author: Sachin Gupta Published : 21 August 2023

Open Date 21 Aug 2023 23 Aug 2023 1600 shares Rs. 5.31 Cr Lot Size IPO Size Listing At NSE, SME Listing Date Price Range ₹83 per share Arrow Close Date Arrow Arrow Arrow Arrow Arrow Allotment Date 28 Aug 2023 31 Aug 2023 Arrow Arrow Check Sungarner Energies IPO Details

About the Company

Sungarner Energies Limited, founded in 2015, is a manufacturer of Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries. SEL began as a design engineering and solar EPC firm before diversifying into the manufacturing of power electronics and energy storage products.

Objective

The proceeds from the issue will be used for the following objects: To meet the working capital requirements of the company, General corporate purposes To meet issue expenses.

Book Runners

The book-running lead managers to the offer are: Fast Track Finsec Pvt Ltd

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