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Sungarner Energies Limited Rights Issue (Sungarner Energies Rights Issue 2024) Detail

Sungarner Energies Limited Logo

Incorporated in 2015, Sungarner Energies Limited manufactures Solar Inverters, Online UPS Systems, EV Chargers, and Lead Acid Batteries.

SunGarner is a versatile company initially starting as a Design Engineering and Solar EPC firm. Over time, the company diversified into Manufacturing Power Electronics and Energy Storage Products. Their product range includes lead-acid batteries with varying capacities, ranging from 12 Volts 40 ampere-hours to 12 volts 300 ampere-hours.

SunGarner has also obtained a WMI code for manufacturing EV vehicles, which is currently in the prototype stage. The company is awaiting full-scale manufacturing of these vehicles.

SunGarner's primary clientele is from the states of Haryana, UP, Bihar, Rajasthan, and Assam. The company has 6 service centres across India, located in Delhi, UP Haryana, Bihar Assam, and Bengal. They aim to expand their reach by appointing 500 Franchisees to cover all major districts of India by the end of 2025.

SunGarner has also started exporting its products in the last 2 years. They have exported their products to Nigeria, Lebanon, Nepal, Dubai, and Bhutan.

Sungarner Energies Rights Issue 2024 Detail

Issue Open
Security Name Sungarner Energies Limited
Issue Size (Shares) [.]
Issue Size (Amount) ₹31.00 Crores
Issue Price
Face Value ₹10 per share
Listing At NSE
Terms of Payment
Entitlement 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date

Company Financials

Sungarner Energies Limited Financial Information (Restated)

Sungarner Energies Limited's revenue increased by 121.31% and profit after tax (PAT) rose by 33.24% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets10.155.363.18
Revenue17.657.985.36
Profit After Tax0.740.560.16
Amount in ₹ Crore

Sungarner Energies Rights Issue 2024 Documents

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Company Contact Information

Sungarner Energies Limited
1/5322, S/F, Plot No. 19A
Gali No.13, Balbir Nagar Ext
New Delhi- 110032,

Phone: +91-9717558008
Email: info@sungarner.com
Website: https://www.sungarner.com/

Sungarner Energies Rights Issue 2024 Registrar

Sungarner Energies Rights Issue 2024 Lead Manager(s)

Find Sungarner Energies Rights Issue 2024 Latest Update

Sungarner Energies Rights Issue 2024 FAQs

The Sungarner Energies Rights Issue 2024 open and close dates are not available as of now.

Sorry the Sungarner Energies Rights Issue 2024 timelines are not available at this time.

The price of the Sungarner Energies Rights Issue 2024 is not yet set.

The eligible shareholders are being offered 1 Rights Equity Share(s) for every 2 fully paid-up Equity Shares held on Record Date ().

The Sungarner Energies Rights Issue 2024 record date is not yet declared.

The issue size of Sungarner Energies Rights Issue 2024 is of [.] equity shares at aggregating upto ₹31.00 Crores.

The Letter of Offer for Sungarner Energies Rights Issue 2024 can be download here.

You can apply for Sungarner Energies Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Sungarner Energies Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Sungarner Energies Rights Issue 2024 available on the list.
  4. Click the Apply button next to the Sungarner Energies Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Sungarner Energies Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Sungarner Energies Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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