Saatvik Green Energy IPO
Saatvik Green Energy IPO
Overview
Saatvik Green Energy IPO is a book build issue of ₹900.00 crores. The issue is a combination of fresh issue of 1.51 crore shares aggregating to ₹700.00 crores and offer for sale of 0.43 crore shares aggregating to ₹200.00 crores. Saatvik Green Energy IPO opens for subscription on Sep 19, 2025 and closes on Sep 23, 2025. The allotment for the Saatvik Green Energy IPO is expected to be finalized on Sep 24, 2025. Saatvik Green Energy IPO will list on BSE, NSE with a tentative listing date fixed as Sep 26, 2025. Saatvik Green Energy IPO price band is set at ₹442.00 to ₹465.00 per share . The lot size for an application is 32. The minimum amount of investment required by an retail is ₹14,880 (32 shares) (based on upper price). The lot size investment for sNII is 14 lots (448 shares), amounting to ₹2,08,320, and for bNII, it is 68 lots (2,176 shares), amounting to ₹10,11,840. Dam Capital Advisors Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
1,93,54,838
Issue Size
₹900.00 Cr
Price Band
₹442 – ₹465
Lot Size
32 shares
Min. Investment
₹14,880
Max. Investment
₹1,93,440
Open Date
19 Sep, 2025
Close Date
23 Sep, 2025
Allotment
24 Sep, 2025
Listing
26 Sep, 2025
Max. Investment
₹1,93,440
Announced
19 Sep, 2025
Opening Date
19 Sep, 2025
Closing Date
23 Sep, 2025
Basis of Allotment
24 Sep, 2025
Initiation of Refunds
25 Sep, 2025
Credit of Shares
25 Sep, 2025
Listing Date
26 Sep, 2025
Live GMP
Est. Listing: ₹482
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About Saatvik Green Energy IPO
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, 2
Saatvik Green Energy IPO Share Price
Issue Breakdown
Shareholding
Dilution: 13.4% increase in shares
Saatvik Green Energy IPO Promoters Holding
Saatvik Green Energy IPO Financial Health
Saatvik Green Energy Ltd.'s revenue increased by 100% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.
Saatvik Green Energy IPO Lot Size
Investors can bid for a minimum of 32 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | ₹14,880 |
| Retail (Max) | 13 | 416 | ₹1,93,440 |
| S-HNI (Min) | 14 | 448 | ₹2,08,320 |
| S-HNI (Max) | 67 | 2144 | ₹9,96,960 |
| B-HNI (Min) | 68 | 2176 | ₹10,11,840 |
(All values in CR)
Saatvik Green Energy IPO Valuations
The market capitalization of Saatvik Green Energy IPO is ₹5910.19 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 63.41 |
| ROCE | 60.45 |
| Debt/Equity | 1.36 |
| RoNW | 63.41 |
| PAT Margin | 9.76 |
| EBITDA Margin | 16.40 |
| Price to Book Value | 43.18 |
(All values in CR)
Saatvik Green Energy IPO Strength & Risk
Saatvik Green Energy IPO Strength:
Consistent growth in revenue and profits.
Established presence in solar module manufacturing.
Integrated services including EPC and O&M solutions.
Supported by government push and policy incentives for renewable energy.
IPO proceeds to be used for capacity expansion and debt reduction.
Expansion plans could position the company as a significant industry player.
Saatvik Green Energy IPO Risk:
Execution risks in large-scale expansion projects.
Raw material price fluctuations impacting margins.
Intense competition from domestic and international players.
Regulatory or policy changes may affect business environment.
Existing borrowings and debt servicing obligations.
Risk of underutilized capacity if demand falls short.
Saatvik Green Energy IPO Subscriptions Status
Saatvik Green Energy IPO subscribed 0.91 times. The public issue subscribed 1.36 times in the retail category, 0.01 times in QIB (Ex Anchor), and 1.05 times in the NII category by September 22, 2025 12:19:43 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 0.01 | 38,60,119 | 41,536 | 1.931 |
| Non-Institutional Buyers | 1.05 | 28,96,100 | 30,48,128 | 141.738 |
| bNII (bids above ₹10L) | 0.72 | 19,30,733 | 13,84,032 | 64.357 |
| sNII (bids below ₹10L) | 1.72 | 9,65,367 | 16,64,096 | 77.38 |
| Retail | 1.36 | 67,57,566 | 91,68,384 | 426.33 |
| Employees | 3.10 | 47,506 | 1,47,200 | 6.845 |
| Total | 0.91 | 1,35,61,291 | 1,24,05,248 | 576.844 |
Saatvik Green Energy IPO GMP
Saatvik Green Energy IPO last GMP is ₹15, last updated Sep 23rd 2025 05:58 PM. With the price band of 465.00, Saatvik Green Energy IPO's estimated listing price is ₹480 (cap price + today's GMP).The expected percentage gain/loss per share is 3.23%. >> Saatvik Green Energy IPO Retail Subject to Sauda: ₹400 >> Saatvik Green Energy IPO Small HNI Subject to Sauda: ₹5600 The lowest GMP is ₹9.00, while the highest GMP is ₹78.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 465 | ₹17▲ | 400/5600 | ₹480 (3.23%) | 480 | 23 Sep, 2025 |
| 22 Sep, 2025 | 465 | ₹9▼ | 200/2800 | ₹474 (1.94%) | 288 | 22 Sep, 2025 |
| 21 Sep, 2025 | 465 | ₹18 | 400/5600 | ₹483 (3.87%) | 576 | 21 Sep, 2025 |
| 20 Sep, 2025 | 465 | ₹18▼ | 400/5600 | ₹483 (3.87%) | 576 | 20 Sep, 2025 |
| 19 Sep, 2025 | 465 | ₹32▼ | 800/11200 | ₹497 (6.88%) | 1024 | 19 Sep, 2025 |
| 18 Sep, 2025 | 465 | ₹65▼ | 1600/22400 | ₹530 (13.98%) | 2080 | 18 Sep, 2025 |
| 17 Sep, 2025 | 465 | ₹78▲ | 1900/26600 | ₹543 (16.67%) | 2496 | 17 Sep, 2025 |
| 16 Sep, 2025 | 465 | ₹71 | 1700/23800 | ₹536 (15.27%) | 2272 | 16 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Saatvik Green Energy IPO
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Saatvik Green Energy IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.