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.
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.
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 Â
1600 shares
NSE, SME
28-Aug-23
31-Aug-23
Date
GMP
27-Aug-23
₹46
28-Aug-23
₹46
29-Aug-23
₹45
30-Aug-23
₹45
31-Aug-23
₹45