
Capital Goods · NSE
Incorporated in 2015, Sungarner Energies Limited manufactures Solar Inverters, Online UPS systems, EV Chargers, and Lead Acid Batteries. The company started as a Solar Design Engineering and EPC firm, and later diversified into power electronics and energy storage. It produces lead acid batteries ranging from 12V 40Ah to 12V 300Ah. The company has also received a WMI code for EV manufacturing and is currently at the prototype stage. Sungarner’s key markets include Haryana, UP, Bihar, Rajasthan and Assam. It operates 6 service centres in India and has started exports in the last two years to countries like Nigeria, Lebanon, Nepal, Dubai and Bhutan.
Price Band
₹83
Issue Size
₹5.31 Cr
Lot Size
1600 shares
GMP
+84.3%
Est. Listing
₹153
at current GMP
Subscribed
151.20x
overall
Open
21 Aug 2023
Close
23 Aug 2023
Allotment
28 Aug 2023
Refund
29 Aug 2023
Demat Credit
30 Aug 2023
Listing
31 Aug 2023