Sungarner Energies Limited IPO Review, Date, Price, GMP

Sungarner Energies Limited, founded and promoted by Mr. Sumit Tiwari in 2015, initially focused on Design Engineering and Solar Engineering, Procurement, and Construction (EPC) services. Lead acid batteries, online UPS systems, solar inverters, and other energy storage items like EV chargers and online UPS systems were all produced by the company as it grew over time. In order to enhance product innovation and incorporate cutting-edge technologies like the Maximum Power Point Technology (MPPT) for Solar Inverters, the firm created an internal Research and Development (R&D) center in 2017.

Sungarner Energies Limited has strategically diversified its offerings to include Lead Acid Batteries with varying capacities and has established a distribution network in key markets like Haryana, UP, Bihar, Rajasthan, and Assam. Sungarner Energies Limited also grew internationally by exporting products to Nigeria, Lebanon, Nepal, Dubai, and Bhutan.

The Solar EPC Division of Sungarner has successfully commissioned over 50 large Solar Projects in the past 8 years, including notable clients like Interglobe Enterprises, DLF, Jubilant Life Sciences, and more. Sungarner Energies’ big commitment to environmental, social, and governance initiatives aligns with its environmentally focused business operations, contributing to cleaner energy generation and lowered carbon emissions through solar solutions.

Sungarner Energies Limited is still the best technological and manufacturing firm, providing both local and foreign clients with engineering solutions, power conditioning and storage equipment, and comprehensive EPC services. 

Sungarner Energies Limited has undertaken various successful projects, including a 50 kWp installation for India Thermit Corporation LTD in Maharashtra, a project in Bhutan for Rubessa, a venture for Modi Group in Rampur (U.P.), a 300 kW installation for Palcero International Pvt Ltd in Haryana, a substantial 1.2 MW project for V N Dyers & Processors in Gorakhpur, and a 60 kW project at the Applies Solar Technology (Jubliant Site) in Greater Noida. 

Sungarner Energies Limited IPO Complete Details:

Sungarner Energies Limited IPO Timetable:

Company Financial Details:

AS OF NOW, the GMP OF Sungarner Energies is Around 46 Rs.

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