
✓
Open
21 Aug 2023
✓
Close
23 Aug 2023
3
Allotment
—
✓
Listing
Thu, Aug 31, 2023
Price Band
₹83 per share
Issue Size
6,40,000 shares (agg. up to ₹5 Cr)
Lot Size
1,600 Shares
Listing Date
Thu, Aug 31, 2023
Latest GMP
₹45
Est. Gain
54.22%
✦ AI Insight
GMP Trend
31-08-2023₹45Est. ₹128+54.22%
30-08-2023₹45Est. ₹128+54.22%
29-08-2023₹45Est. ₹128+54.22%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 149.77x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 10.15 | 5.36 | 3.18 |
| Total Income | 17.65 | 7.98 | 5.36 |
| Profit After Tax | 0.74 | 0.58 | 0.16 |
| NET Worth | 3.21 | 1.56 | 0.99 |
| Reserves and Surplus | 1.53 | 1.10 | 0.52 |
| Total Borrowing | 4.24 | 2.27 | 1.04 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,233.40 |
| Avalon Technologies Ltd. | Mainboard | ₹865.00 Cr | ₹436 | 55.54 | ₹398.00 | -8.72% | ₹2,293.60 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 3.50 |
| 2 | General Corporate Purposes | 1.11 |
About Sungarner Energies IPO
Updated on Aug 5, 2026
Contact Details
Sungarner Energies Ltd. Address1/5322, S/F, Plot No.19AGali No.13Balbir Nagar Ext.New Delhi, New Delhi, 110032+917428296411legal@sungarner.comVisit Website