Closed
Sungarner Energies Limited logo

Sungarner Energies Limited IPO

SME IPOListedSELNSE
Current Market Price (CMP)
₹360.10(+333.86%)
Current Price (CMP)
₹360.10(+333.86%)

Live Market Quote

Listing Price & Gain
₹250(+201.20%)

Day 1 Exchange Open

IPO Issue Price
₹83

Band: ₹83

Total Subscription
150.63x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
21 Aug 2023
IPO Bidding Closes
23 Aug 2023
Allotment & Refunds
Completed
Exchange Listing Day
31 Aug 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 150.63x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription150.63x
Updated as on 23-Aug-2023 17:21:00

Listing Day & Return Performance

Listing Day Gain+201.20%
₹83 (Issue) → ₹250 (List)
Per share profit: +₹167.00
Holding Return (Till Date)+333.86%
₹83 (Issue) → ₹360.10 (CMP)
Net gain per share: +₹277.10
Post-Listing Performance (Listing Day → Today):+44.04%

About Sungarner Energies Limited IPO

Sungarner Energies Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 21 Aug 2023 and concluded on 23 Aug 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹83.

During the bidding window, Sungarner Energies Limited witnessed heavy demand with an overall subscription of 150.63 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Sungarner Energies Limited officially debuted on the stock exchanges on 31 Aug 2023 at an opening listing price of ₹250, delivering a listing day return of +201.20% (premium) over the final issue price. As per the latest market data, the stock trades at ₹360.10, representing an overall gain of +333.86% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Sungarner Energies Limited IPO?
The issue price of Sungarner Energies Limited IPO was fixed at ₹83 per equity share. The indicative bidding price band was ₹83.
What were the open, close, and listing dates for Sungarner Energies Limited IPO?
Sungarner Energies Limited IPO opened on 21 Aug 2023, closed on 23 Aug 2023, listed on 31 Aug 2023.
How much was Sungarner Energies Limited IPO subscribed?
The IPO received an overall subscription of 150.63 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Sungarner Energies Limited IPO?
Sungarner Energies Limited IPO listed on the stock exchange at ₹250, delivering a listing gain of 201.20% compared to the IPO issue price of ₹83.
Is Sungarner Energies Limited IPO a Mainboard or SME IPO?
Sungarner Energies Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Sungarner Energies Limited IPO since its IPO?
At the latest market quote of ₹360.10, Sungarner Energies Limited IPO has generated an all-time return of +333.86% since its initial public offering.

Related SME IPOs (2023)