Sungarner Energies IPO: Check GMP, subscription status on day 3, other details to know
solar panels. Sungarner Energies Ltd offers its clients engineering, design, and solution-related services. Additionally, the company offers a variety of services, including the operation and maintenance of solar power generation systems and projects involving solar power plants.
Six service centres for Sungarner Energies Ltd are located in India: Delhi, Uttar Pradesh, Haryana, Bihar, Assam, and Bengal. To reach all of India's major districts by the end of 2025, the company is currently in the process of appointing 500 more franchisees to increase its footprint. Additionally, SunGarner began exporting its goods in the previous two years, and it has since done so to Nigeria, Bhutan, Dubai, Nepal, and Lebanon.
Sumit Tiwari and Snigdha Tiwari are the promoters of the company. Sungarner IPO subscription status was 152.38 times on day 3. The issue received positive response from retail investors who's portion set was subscribed 192.89 times, and non-institutional buyers who's portion set was subscribed 110.59 times, according to data on chittorgarh.com.
The company has received bids for 8,87,45,600 shares against 640,000 shares on offer, at 18:09 IST, according to data on chittorgarh.com. Sungarner IPO subscription status was subscribed 26.35 times on day 2, and was subscribed 2.68 times on day 1. Also Read: TVS Supply Chain Solutions makes a muted debut; shares list with 5% premium at ₹207.05 apiece on NSE Sungarner Energies IPO GMP today or grey market premium is +17 same as the previous trading session.
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