Saatvik Green Energy Ltd
Pre Issue Shares
11,20,47,000
No. of Shares Issued
-
Pre Issue Equity Amt.
₹22.41 Cr
DP Filling Date
13 March 2025
Saatvik Green Energy Ltd IPO Timeline
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.
Saatvik Green Energy Ltd IPO Details
| Saatvik Green Energy Ltd IPO Date | - |
| Saatvik Green Energy Ltd IPO Face Value | - |
| Saatvik Green Energy Ltd IPO Price | - |
| Saatvik Green Energy Ltd IPO Lot Size | - |
| Issue Size | - |
| Fresh Issue | - |
| Offer for Sale | - |
| Issue Type | - |
| Listing At | - |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Neelesh Garg, Manik Garg, Manavika Garg |
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 | 168.26 | 504.82 | 8.21 |
| 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 Prospectus
Saatvik Green Energy Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | - |
| 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