Saatvik Green Energy Ltd IPO
Price Range
₹442 - ₹465
-
Min. Quantity
32 Shares
Closes on
23 September 2025
-
Min. investment
₹14,880
Saatvik Green Energy Ltd IPO Timeline
| Event | Date |
|---|---|
| Saatvik Green Energy Ltd IPO Opening Date | 19 September 2025 |
| Saatvik Green Energy Ltd IPO Closing Date | 23 September 2025 |
| Basis of Allotment | 24 September 2025 |
| Initiation of Refunds | 25 September 2025 |
| Credit of Shares to Demat | 25 September 2025 |
| Saatvik Green Energy Ltd IPO Listing Date | 26 September 2025 |
Saatvik Green Energy Ltd IPO Details
| Saatvik Green Energy Ltd IPO Date | 19 September 2025 to 23 September 2025 |
| Saatvik Green Energy Ltd IPO Face Value | ₹2 per share |
| Saatvik Green Energy Ltd IPO Price | ₹442 to ₹465 per share |
| Saatvik Green Energy Ltd IPO Lot Size | 32 |
| Issue Size | Shares of ₹2 (aggregating up to ₹900 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹700 Cr) |
| Offer for Sale | Shares of ₹2 (aggregating up to ₹200 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 40,63,347 of the Net Offer |
| Retail Shares Offered | Not less than 71,10,860 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 30,47,512 of the Net Offer |
| Company Promoters | Neelesh Garg, Manik Garg, Manavika Garg |
Saatvik Green Energy Ltd IPO Lot Size
The Saatvik Green Energy Ltd IPO lot size is 32 shares. A retail-individual investor can apply for up to 13 lots (416 shares or ₹1,93,440).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 32 | ₹14,880 |
| Maximum | 13 | 416 | ₹1,93,440 |
- Strengths
- Risks
- Opportunities
- Quality Customer Base and Large Order Book.
- Among the Leading Module Manufacturing Companies in India Offering Integrated Solutions to Independent Power Producers.
- Innovative Technology Solutions for the Solar Industry.
- Multiple Sales and Revenue Channels.
- Well-Positioned to Capture Favourable Industry Tailwinds.
- Experienced Promoters and Management Team with a Committed Employee Base.
Company Financials
Saatvik Green Energy Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 604.03 | 1,100.06 | 100.28 |
| 03-2023 | 263 | 617.63 | 4.76 |
| 03-2022 | 227.39 | 480.3 | 5.96 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Prepayment or scheduled re-payment in full or in part of all or a portion of certain outstanding borrowings availed by the company
- Investment in its wholly owned subsidiary Saatvik Solar Industries Pvt Ltd in the form of debt or equity for repayment/prepayment of borrowings in full or in part of all or a portion of certain outstanding borrowings availed by such subsidiary
- Investment in its wholly owned subsidiary Saatvik Solar Industries Pvt Ltd for setting up of 4 GW solar PV mould MFG facility at NH-16 Chamakhandi Gopalpur Ind.Park
- General corporate purposes
Saatvik Green Energy Ltd IPO Promoter Holding
| Pre Issue Share Holding | 14.22% |
| Post Issue Share Holding | 12.54% |
Saatvik Green Energy Ltd IPO Subscription Status (Bidding Detail)
The Saatvik Green Energy Ltd IPO is subscribed 6.57 times on 23 September 2025 05:00:00 PM. The public issue subscribed 2.6596 times in the retail category, 10.8354 times in the QIB category, and 10.0419 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 10.8354 | 10.0419 | 2.6596 | 5.2861 | 6.57 |
Saatvik Green Energy Ltd IPO Prospectus
Saatvik Green Energy Ltd IPO Listing Date
| BSE Script | 544526 |
| NSE Symbol | SAATVIKGL |
| Listing In | BSE, NSE |
| ISIN | INE13B501022 |
| IPO Price | ₹465 |
| Face Value | ₹2 |
Company Contact Information
Vill Dubli V.P.O. Bihta Tehsil,Ambala-133101
Phone: 0124-3626 755
Email: investors@saatvikgroup.com
Website: https://saatvikgroup.com/
Saatvik Green Energy Ltd IPO Registrar
Saatvik Green Energy Ltd IPO Lead Manager(s)
- DAM Capital Advisors Ltd
- Ambit Pvt Ltd
- Motilal Oswal Investment Advisors Ltd
How to Check the Allotment Status of Saatvik Green Energy Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Saatvik Green Energy Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Saatvik Green Energy Ltd IPO
Saatvik Green Energy Limited was incorporated as a Private Limited Company under the name Saatvik Green Energy Private Limited', dated May 29, 2015, issued by the Registrar of Companies, Chandigarh. Company subsequently converted from a Private Company to a Public Company, and its name was changed to 'Saatvik Green Energy Limited', and a fresh Certificate of Incorporation upon conversion to Public Company was issued by the RoC on October 3, 2024.
FAQ
What is the issue size of Saatvik Green Energy Ltd IPO?
I have pre-applied for Saatvik Green Energy Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.