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Saatvik Green Energy Ltd IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹465
Issue Price
₹465
Face ₹2
GMP
+₹0
+0% premium
Est. Listing
₹465
GMP based
Lot Size
32
shares / lot
Min Amount
₹14,880
1 lot · 32 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
19 Sep 2025
Fri Completed
Done
Close Date
23 Sep 2025
Tue Completed
Done
Allotment
24 Sep 2025
Wed Completed
Done
Refund
25 Sep 2025
Thu Completed
Done
Demat Credit
25 Sep 2025
Thu Completed
Done
Listing Date
26 Sep 2025
Fri Completed
UPI Deadline: 23 Sep 2025
Issue Details
Pricing & Size
Issue Price
₹465 Face ₹2
Lot Size
32 shares
Min Investment
₹14,880
Total Issue Size
1,93,54,838 shares (aggregating up to ₹900.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
96,53,666 (49.88%)
NII / HNI
28,96,100 (14.96%)
Retail
67,57,566 (49.83%)
Employee
47,506 (0.35%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
11,20,47,000 shares
Post-Issue Shareholding
12,71,00,763 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 32 ₹14,880
Objects of Issue
4 objectives
1
Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
10.82 Cr
2
Investment in the wholly owned Subsidiary, Saatvik Solar Industries Private Limited, 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
166.44 Cr
3
Investment in the wholly owned Subsidiary, Saatvik Solar Industries Private Limited, for setting up of a 4 GW solar PV module manufacturing facility at National Highway – 16, Chamakhandi, Gopalpur Industrial Park, Gopalpur, Ganjam – 761 020, Odisha. (“Project Site”)
477.23 Cr
4
General corporate purposes
Lead Managers & Market Maker
Book Running Lead Managers
Dam Capital Advisors Ltd
Ambit Pvt.Ltd
Motilal Oswal Investment Advisors Ltd
IPO Timeline
Open
19 Sep
✓ Done
Close
23 Sep
✓ Done
Allotment
24 Sep
✓ Done
Listing
26 Sep
✓ Done
Registrar Details
Kfin Technologies Ltd
SEBI Registered Registrar & Transfer Agent
Phone
04067162222, 04079611000
Email
saatvik.ipo@kfintech.com
Company Contact
Email
investors@saatvikgroup.com
Phone
0124-3626755
Address
Vill. Dubli, V.P.O Bihta Tehsil, , Ambala, Haryana, 133101
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹465
Est. Listing
₹465
Lot Size
32 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Saatvik Green Energy Ltd LIVE
INR ·
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| Price
Market Reference
IPO Issue Price
₹465
GMP
+₹0 (+0%)
GMP Est. Listing
₹465
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 96,53,666 (49.88%) ₹44,889.55 Cr
NII / HNI (Total) 28,96,100 (14.96%) ₹13,466.87 Cr
Retail Investors 67,57,566 (49.83%) ₹31,422.68 Cr
Employee 47,506 (0.35%) ₹22.09 Cr
Total ** 1,93,54,838 (100.00%) ₹899,999.97 Cr
* Based on ₹465.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
96,53,666 (49.88%)
NII
28,96,100 (14.96%)
Retail
67,57,566 (49.83%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue2192.471097.18617.63
PAT213.93100.474.75
EBITDA353.93156.8423.87
Net Worth337.66120.6720.27
Total Assets1635.74688.04263.00
Reserves315.25117.3616.89
Borrowings458.10263.42144.49
Key Financial Ratios
63.41%
ROE
Return on Equity
60.45%
ROCE
Return on Capital Employed
63.41%
RONW
Return on Net Worth
9.76%
PAT Margin
PAT / Revenue
16.40%
EBITDA Mgn
EBITDA / Revenue
1.36
D/E Ratio
Debt to Equity
43.18
P/BV
Price to Book Value
19.09
Pre EPS
EPS Pre-Issue
16.83
Post EPS
EPS Post-Issue
24.35
Pre P/E
P/E Pre-Issue
27.63
Post P/E
P/E Post-Issue
About Saatvik Green Energy Ltd

Incorporated in 2015, Saatvik Green Energy Limited is the manufacturer of modules and offers engineering, procurement and construction (“EPC”).

The company offer a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency..

The company commenced their manufacturing operations in 2016 and have over the years expanded the annual installed capacity, from 125 MW as of March 31, 2017 to about 3.80 GW as of June 30, 2025.

The company operates two module manufacturing facilities in Ambala, Haryana (together, the “Ambala Facilities”) spread across a total land area of 724,225 square feet.

Products:

  • Monocrystalline passive emitter and rear cell (“Mono PERC”) modules.
  • N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility-scale solar projects.

As of June 30, 2025, March 31, 2025, March 31, 2024 and March 31, 2023, the company had 618, 566, 270 and 138 full-time employees.

Competitive Strengths:

  • 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
Frequently Asked Questions
What is the issue price of Saatvik Green Energy Ltd IPO?
The issue price of Saatvik Green Energy Ltd IPO is ₹465 per share, face value ₹2.
What is the lot size?
Minimum lot size is 32 shares, requiring ₹14,880.
What are the IPO dates?
Opens 19 Sep 2025, closes 23 Sep 2025.
When is the listing date?
Tentative listing: 26 Sep 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹465 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Saatvik Green Energy Ltd IPO · Expected 24 Sep 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Sep 2025
Refund Initiation
25 Sep 2025
Demat Credit
25 Sep 2025
Listing Date
26 Sep 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹465
Face ₹2
Lot Size
32
shares / lot
Min Amount
₹14,880
1 lot
Est. Listing
₹465
GMP +₹0
Key Dates
Open
19 Sep Done
Close
23 Sep Done
Listing
26 Sep Done
Registrar
Kfin Technologies Ltd
A
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