Sungarner Energies Limited IPO
Sungarner Energies Limited was a SME IPO in the Other Electrical Equipment sector, offered at ₹83–₹83 per share to raise ₹5 crore. It listed on 31 Aug 2023 at ₹250 and closed its first day at ₹262, a listing gain of +216.1% versus the ₹83 issue price. It now trades around ₹249 (+200.4% versus the issue price).
Frequently asked questions
- What were the Sungarner Energies Limited IPO listing gains?
- Sungarner Energies Limited listed on 31 Aug 2023 at ₹250, closing its first day at ₹262 — a listing gain of +216.1% versus the ₹83 issue price.
- What was the price band and lot size of the Sungarner Energies Limited IPO?
- The price band was ₹83–₹83 per share, with a minimum lot of 1,600 shares (₹1,32,800 at the upper band).
- Who were the registrar and lead manager for the Sungarner Energies Limited IPO?
- Skyline Financial Services Private Limited was the registrar, and Fast Track Finsec was the book-running lead manager.