Sungarner Energies Ltd IPO |
Registered Office:
1/5322 S/F Plot No. 19A,Gali No. 13 Balbir Nagar Ext.
,
New Delhi
-
110032
,
Delhi
, India.
Phone :
917428296411 Fax:
Email : legal@sungarner.com ; cfo@sungarner.com
Website : www.sungarner.com
|
| Initial public offer of 6,40,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Sungarner Energies Limited ("Issuer" or the "Company") for cash at a price of (Rs)83/- per equity share ("Issue Price") (including a share premium of (Rs)73/- per equity share), aggregating to
(Rs)5.31 crores ("The Issue"), out of which, 57,600 equity shares of face value of (Rs)10/- each for cash at a price of (Rs)83/- per equity share aggregating to (Rs)0.48 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 5,82,400 equity shares of face value of (Rs)10.00/- each at an issue price of (Rs)83/- per equity share aggregating to (Rs)4.83 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 27.60% and 25.12%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10/- each and the issue price of (Rs)83/- is 8.3 times of the face value.
Bids can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter. |
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Aug-23 |
23-Aug-23 |
(Rs)83.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :1600 Further Multiples of :1600 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
4.61 |
| Fast Track Finsec Pvt Ltd |
|
| Project Financed through Current Offer |
5.31 |
|
| Post Issue Equity Share Capital |
2.32 |
|
| Issue Price |
(Rs)83.00 |
|
|