Saatvik Green Energy Limited IPO

BSE, NSEClosed

Check Allotment

Sep 19, 2025Open Date

Sep 23, 2025Close Date

TBAAllotment Date

Sep 26, 2025Listing Date

Subscription Details

View Subscription Details

QIB11.41x

Retail2.80x

NIIs (Non-Institutional Investors)Main Category

10.57x

↳ NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

9.13x

bHNI (> ₹10L)

Bids above ₹10L

11.28x

Overall Subscription

Total Bids Received

6.92x

Updated: 10 Jul, 06:09 pm

Saatvik Green Energy Limited IPO Issue Details

Issue Price₹442-465 Employee Discount: ₹44.00 Per Equity Share

Face Value₹2 Per Equity Share

Fresh Share1,50,53,763 shares(aggregating up to ₹700 crore)

Listing AtBSE, NSE

Listing DateSep 26, 2025

RegistrarKfin Technologies Ltd

Market Lot Details

Category	Lots	Shares	Amount
sHNI (Min)	14	448	₹2,08,320
sHNI (Max)	67	2,144	₹9,96,960
bHNI (Min)	68	2,176	₹10,11,840

Reservation Details

Category	Shares Offered	%
NII	28,96,100	14.96%
QIB	38,60,119	19.94%
Anchor	57,93,547	29.93%

Valuations

EPS (Pre-IPO)

19.09

EPS (Post-IPO)

16.83

P/E (Pre-IPO)

24.35

P/E (Post-IPO)

27.63

RoNW

63.41%

PAT Margin

9.76%

P/B Value

43.18

Financial Information (₹ in Crores)

Metric	FY 25	FY 24	FY 23
Total Assets	1635.74	688.04	263
Total Revenue	2192.47	1097.18	617.63
Profit After Tax	213.93	100.47	4.75
Net Worth	337.66	120.67	20.27

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

1Prepayment 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)
2Investment 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)
3Investment 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. (₹477.23 Cr)
4General corporate purposes.