SMEClosed

Sungarner Energies Limited IPO Subscription Status

📅Offer Date: 21 Aug 2023 – 23 Aug 2023

Minimum investment
₹1,32,8001600 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total151.95x
QIB109.52x
NII109.52x
Retail192.89x

Sungarner Energies Limited IPO was subscribed 151.95x in total when bidding closed on 23 Aug 2023, with 109.52x in the QIB category, 109.52x in NII, 192.89x in retail. The issue ran from 21 Aug 2023 to 23 Aug 2023 at a price band of ₹83.00 per share.

QIB109.52xNII109.52xRetail192.89xTotal151.95x1×

Times subscribed by category against the 1× line.

193
≈ 1 in 193 retail allotment
low allotment chance

Based on retail subscription (192.89x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
Retail2,91,2005,61,69,568192.89x
Total5,82,4008,84,95,680151.95x
QIB / NII2,91,2003,18,92,224109.52x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
Retail2.42466.21192.89x
QIB / NII2.42264.71109.52x
Total4.83730.91151.95x

Values derived from share count × issue price (₹83.00)

What this means for allotment & listing

Because Sungarner Energies Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

NSE SME listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Sungarner Energies Limited IPO subscription FAQs