Sungarner Energies IPO Subscription Details

Fixed Price IPO | ₹5 Cr | Listed at NSE SME | Mon, Aug 21, 2023 - Wed, Aug 23, 2023

Basis of Allotment - Sungarner Energies IPO

Details NII Retail Total
Allocation (No. of shares)2,91,2002,91,2005,82,400
Allotment price (Rs.)838383
No.of applications2,62934,57837,207
No.of shares applied3,19,00,8005,53,24,8008,72,25,600
Amount collected (Rs.cr.)264.78 459.20 723.97
No.of times subscribed109.55189.99149.77
No.of shares allotted2,12,8003,69,6005,82,400
Amount (Rs.cr.)1.77 3.07 4.83
No.of allottees116231347

IPO Shares Offered

Sungarner Energies IPO is a public issue of 0.06 Cr equity shares. The issue offers 0.03 Cr shares to retail investors , 0.03 Cr shares to other investors. The other investors include applicants other than retail i.e. HNI, corporates, institutions, (NII and QIB).

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker57,6000.48 9.00%
Other* 2,91,2002.42 45.50%
Retail2,91,2002.42 45.50%
Total6,40,0005.31 100%

IPO Subscription FAQs

The Sungarner Energies IPO is subscribed 152.4 times by Aug 23, 2023 19:29.

Sungarner Energies IPO Subscription

Investor Category Subscription (times)
Qualified Institutional
Non Institutional110.59
Retail Individual192.93
Total Subscription152.4

Retail category of Sungarner Energies IPO subscribed 192.93 times as of date Aug 23, 2023 19:29. The public issue closes on Wed, Aug 23, 2023 for bidding.

An investor can apply in Sungarner Energies IPO online via bank (using ASBA) or the broker (using UPI). The Sungarner Energies IPO shares are offered online only.

The Sungarner Energies IPO is subscribed 152.4 times by Aug 23, 2023 19:29.

The Sungarner Energies IPO allotment status is expected on or around Monday, August 28, 2023. Visit Sungarner Energies IPO allotment status to check.

The Sungarner Energies IPO listing date is August 31, 2023. The equity share of Sungarner Energies IPO will list on NSE SME.

Visit Sungarner Energies IPO subscription status page for real-time bidding information about Sungarner Energies IPO.

Sungarner Energies IPO Timetable

IPO opens OnMonday, August 21, 2023
IPO Closes OnWednesday, August 23, 2023
Finalisation of Basis of AllotmentMonday, August 28, 2023
Initiation of RefundsTuesday, August 29, 2023
Credit of Shares to Demat AccountWednesday, August 30, 2023
IPO Listing DateThursday, August 31, 2023
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