Sungarner Energies  IPO GMP

Author : Sachin Gupta

31-August-2023

What is GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About Sungarner Energies IPO 

Sungarner Energies Limited is engaged in the business of manufacturing Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries. The company produces lead acid batteries of varying capacities in the range from 12 Volts 40 ampere-hours to 12 volts 300 ampere-hours. SunGarner has also obtained a WMI code for the manufacturing of EV Vehicles which is currently in the prototype stage, awaiting full-scale manufacturing of EV Vehicles.

Sungarner Energies IPO Details

IPO Date

  IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

21-Aug-23

₹10 per share

₹83 per share

23-Aug-23

₹5.31 Cr  

1600 shares

NSE, SME

28-Aug-23

31-Aug-23

Date

GMP

Sungarner Energies IPO GMP 

27-Aug-23

46

28-Aug-23

46

29-Aug-23

45

30-Aug-23

45

31-Aug-23

45