Sungarner Energies Ltd Share Price

(SEL)

Sungarner Energies Ltd was originally incorporated as a private limited company in the name and style of Sungarner Energies Private Limited dated April 30 2015. Subsequently Company was converted into public limited company and name of Company was changed to Sungarner Energies Limited on November 17 2022 by Registrar of Companies Delhi.The Company is one of the leading technology and manufacturing company for power conditioning and storage products. It provide services such as Solar Power Plants Projects Solar Power Generation System and Operation maintenance thereof. It is also an integrated solar energy solutions provider offering engineering procurement and construction EPC services. The Company was promoted by Mr. Sumit Tiwari in year 2015 with a motive of providing efficient and lowcost power solutions. The Company is offering wide range of power solutions such as Installation and Commissioning of Solar Power Plants UPS Batteries Solar Inverters Electric Vehicle EV Chargers and Solar Panels. It provide high quality professional solutions design and engineering services to customers. The Company presently provides these products and these services to corporate houses / Channel Partners all over India and Abroad.As of today the Company is into manufacturing of Solar Inverters Online UPS Systems EV Chargers and Lead Acid Batteries. It produces lead acid batteries of varying capacities in the range from 12 Volts 40 amperehour to 12 volts 300 amperehours. It established distribution network in key markets like Haryana UP Bihar Rajasthan and Assam. In 2018 the Company got into the business of manufacturing of power electronic products such as solar inverter UPS etc. Further it established largest solar power plant for industrial application atGorakhpur. It commissioned more than 50 large Solar Projects like Interglobe Enterprises DLF Jubilant Life Sciences Eli Lilly Modi Xerox V N Dyers and Textiles The ITC Hotels Delhi The India Thermit Nagpur Sarovar Portico Lucknow Satyam Hospital Ludhiana Dayawati Modi School Rampur. Further It has also got into international projects by installing the largest solar power project in Bhutan in 2021. The Company is planning to come out with an Initial Public Offer comprising a fresh issue of raising capital upto Rs. 4.48 crore and by issuing equity shares of 640000 equity shares..

Listing date: 31 Aug, 2023