SAATVIK GREEN ENER...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO SAATVIK GREEN ENER...● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
Live GMP
Back to IPOs
Saatvik Green Energy Ltd

Saatvik Green Energy Ltd

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹465
₹465
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹465
Based on GMP
Min. Investment
₹14,880
1 lot × 32 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Sep 2025
Close Date
23 Sep 2025
Allotment
24 Sep 2025
Listing Date
26 Sep 2025
Exchange
NSE & BSE
Price Band
₹465
Listing Price
See chart
Allotment Status
Price Band
₹465
Per share
Face Value
₹2 per share
 
Lot Size
32 Shares
per lot
Issue Size
1,93,54,838 shares (aggregating up to ₹900.00 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,880
1 lot
Pre-IPO Holding
11,20,47,000 shares
Promoters
Post-IPO Holding
12,71,00,763 shares
Promoters
P/E (Pre)
24.35x
 
P/E (Post)
27.63x
 
EPS (Pre)
₹19.09
 
EPS (Post)
₹16.83
 
UPI Deadline
2025-09-23
Mandate
Anchor AllotmentThu, 18 Sep 2025
Basis of AllotmentWed, 24 Sep 2025
Refund InitiationThu, 25 Sep 2025
Demat CreditThu, 25 Sep 2025
Listing DayFri, 26 Sep 2025
UPI Mandate Deadline2025-09-23
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares1,50,53,763 shares (aggregating up to ₹700.00 Cr)
Offer for Sale43,01,075 shares of ₹2 (aggregating up to ₹200.00 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Saatvik Green Energy Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Sep 2025.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
19,354,838
100% ₹900.00
IPO Shares Offered
Saatvik Green Energy Ltd IPO total issue size: ₹900.00 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 19,354,838 ₹900.00
100.00%
* Based on upper price band ₹465 per share
Lot Size & Investment
Lot Size
32
Shares per Lot
Issue Price
₹465.00
Upper Band
Min Investment
₹14,880
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)264₹29,760
Retail (Max — 13 Lots)13416₹193,440
S-HNI (Min — 14 Lots)14448₹208,320
B-HNI (Min — 68 Lots)682,176₹1,011,840
* Issue Price ₹465 × Lot Size 32 shares
IPO Schedule
Anchor
18 Sep 2025
✓ Done
IPO Open
19 Sep 2025
✓ Done
IPO Close
23 Sep 2025
✓ Done
Allotment
24 Sep 2025
✓ Done
Refunds
25 Sep 2025
✓ Done
Demat Credit
25 Sep 2025
✓ Done
Listing Day
26 Sep 2025
✓ Done
Saatvik Green Energy Ltd — Live Price LIVE
₹465.00
INR · BSE
Fetching…
vs Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading…
Chart Not Available
Try again 2–3 days after listing.
Issue ₹465.00 Live Price
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 BookAmong the Leading Module Manufacturing Companies in India Offering Integrated Solutions to Independent Power ProducersInnovative Technology Solutions for the Solar IndustryMultiple Sales and Revenue ChannelsWell-Positioned to Capture Favourable Industry Tailwinds
Objects of the Issue
1
Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company
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
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”)
4
General corporate purposes
Saatvik Green Energy Ltd Financials (Amount in ₹ Crore)
Revenue from Operations
₹617.6
31 Mar 2023
₹1,097.2
31 Mar 2024
₹2,192.5
31 Mar 2025
Profit After Tax (PAT)
₹4.8
31 Mar 2023
₹100.5
31 Mar 2024
₹213.9
31 Mar 2025
Particulars31 Mar 202531 Mar 202431 Mar 2023
Revenue from Operations 2192.47 1097.18 617.63
EBITDA 353.93 156.84 23.87
Profit After Tax (PAT) 213.93 100.47 4.75
Net Worth 337.66 120.67 20.27
Total Assets 1635.74 688.04 263.00
Reserves & Surplus 315.25 117.36 16.89
Borrowings 458.10 263.42 144.49
EBITDA Margin (%) 16.40%
PAT Margin (%) 9.76%
P/BV Ratio
43.18
RoE
63.41%
RoCE
60.45%
RoNW
63.41%
PAT Margin
9.76%
EBITDA Margin
16.40%
Debt/Equity
1.36
Issue Structure & Shareholding
Total Shares Offered1,93,54,838 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding11,20,47,000 shares
Post-Issue Promoter Holding12,71,00,763 shares
P/BV Ratio43.18
RoE63.41%
RoCE60.45%
Debt / Equity1.36
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Dam Capital Advisors Ltd
Ambit Pvt.Ltd
Motilal Oswal Investment Advisors Ltd
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Saatvik Green Energy Ltd IPO subscribed?

Saatvik Green Energy Ltd IPO is subscribed 1.00 times by Sep 23, 2025. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Saatvik Green Energy Ltd IPO retail subscription status?

The Saatvik Green Energy Ltd IPO retail category is subscribed 1.00 times as of 23 Sep 2025. The retail portion is oversubscribed.

How to subscribe Saatvik Green Energy Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Sep 2025 and closes 23 Sep 2025. Min investment: ₹14,880 (1 lot = 32 shares). UPI mandate: 2025-09-23.

How many times Saatvik Green Energy Ltd IPO subscribed?

The Saatvik Green Energy Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Saatvik Green Energy Ltd IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 24 Sep 2025. Refunds: on 25 Sep 2025.

When Saatvik Green Energy Ltd IPO will be listed?

The Saatvik Green Energy Ltd IPO listing date is 26 Sep 2025, Friday. Listed on: NSE & BSE. Issue price: ₹465. Estimated listing: ₹465. GMP: NIL.

When Saatvik Green Energy Ltd IPO close?

The Saatvik Green Energy Ltd IPO closes on 23 Sep 2025, Tuesday. UPI mandate: 2025-09-23. Allotment: 24 Sep 2025. Listing: 26 Sep 2025.