31 Mar 2021
Assets3.18
Total Income5.36
Profit After Tax0.16
NET Worth0.99
Reserves and Surplus0.52
Total Borrowing1.04
At a glance
Updated 2026-08-23The shares listed at ₹250.00, a 201.20% move from the issue price. Sungarner Energies is a SME IPO with an issue size of ₹5.31 crore, proposed for listing on NSE SME. The offer opens on 21st Aug 2023 and closes on 23rd Aug 2023. The issue structure includes a fresh issue of ₹4.83 crore. The current listing schedule points to 31st Aug 2023.
Issue details
Listing atNSE SME
Issue typeFixed Price Issue
Issue size₹5.31 Cr
Fresh issue₹4.83 Cr
Face value₹10
Price band—–—
Allotment28th Aug 2023
Listing31st Aug 2023
Listing performance
Full performance ↗Issue price₹83.00
Listing price₹250.00
Current price—
Listing gain201.20%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹45.00
GMP / upper priceNO DATA
Est. listing₹128.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens21st Aug 2023
Closes23rd Aug 2023
Allotment28th Aug 2023
Refund29th Aug 2023
Demat30th Aug 2023
Listing31st Aug 2023
Subscription demand
Full bidding ↗Total152.40×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 1600 | — |
Company
Incorporated2015
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirement | ₹3.50 Cr |
| General Corporate Purposes | ₹1.11 Cr |
Financials
Full financials ↗31 Mar 2022
Assets5.36
Total Income7.98
Profit After Tax0.58
NET Worth1.56
Reserves and Surplus1.10
Total Borrowing2.27
31 Mar 2023
Assets10.15
Total Income17.65
Profit After Tax0.74
NET Worth3.21
Reserves and Surplus1.53
Total Borrowing4.24
Trend chart₹ crore
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.35
Pre-IPO P/E13.07
Promoter holding pre84.94%
Promoter holding post61.49%
Market cap₹19.25 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Lead manager(s) fees including underwriting commission | ₹0.15 Cr |
| Brokerage, selling commission and upload fees. | ₹0.10 Cr |
| Registrars to the issue | ₹0.02 Cr |
| Legal Advisors | ₹0.01 Cr |
| Printing, advertising and marketing expenses | ₹0.01 Cr |
| Regulators including stock exchanges | ₹0.04 Cr |
| Others, if any (Advisors to the company, Peer Review Auditors, and other misc. expenses like printing & stationery etc.) | ₹0.37 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- Novus Capital Advisors Pvt.Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.