Saatvik Green Energy IPO
Saatvik Green Energy IPO is listed on BSE and NSE, priced at ₹442–₹465 per share. The stock debuted at ₹465 with a flat listing performance. The IPO had a lot size of ₹32 shares and a minimum investment of ₹14,880.
Saatvik Green Energy limited IPO
- IPO Dates
- Sep 19, 2025 – Sep 23, 2025
- Price band
- ₹442-465 per equity share
- Minimum Investment
- ₹14,880
- Issue size
- ₹900 Cr
- Lot size
- 32
- Allotment Date
- Sep 24, 2025
- Listing
- Sep 26, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Sep 19, 2025
Open Date
Completed
-
Sep 23, 2025
Close Date
Completed
-
Sep 24, 2025
Allotment Date
Completed
-
Sep 26, 2025
Listing Date
Completed
Price Summary
- Last closing
- 447.00 (-3.87%)
- 52 week high
- 567.00
- 52 week low
- 328.00
- Last update
Saatvik Green Energy IPO Subscription Details
View Subscription DetailsSaatvik Green Energy IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Saatvik Green Energy IPO Essentials
Saatvik Green Energy IPO Details
Saatvik Green Energy IPO is priced at ₹442-465 per share with a total issue size of 900 crore. The IPO has a lot size of 32 shares and is listed on BSE and NSE.
- Issue price
- ₹442-465 per equity share
Employee Discount: ₹44.00 - Lot size
- 32 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 1,93,54,838 shares (aggregating up to ₹900.00 Cr)
#Fresh Issue: 1,50,53,763 shares (aggregating up to ₹700.00 Cr)
#Offer for Sale: 43,01,075 shares of ₹2 (aggregating up to ₹200.00 Cr) - Total issue size
- 1,93,54,838 shares
(aggregating up to ₹900 crore) - Fresh issue
- 1,50,53,763 shares
(aggregating up to ₹700 crore) - Offer for sale (OFS)
- 43,01,075 shares
(aggregating up to ₹200 crore) - Listing at
- BSE, NSE
- List price
- 465.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Ltd
- Lead manager
-
Dam Capital Advisors Ltd, Ambit Pvt.Ltd, Motilal Oswal Investment Advisors Ltd
Market 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 Retail Investors 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 |
| sHNI(min) | 14 | 448 | ₹2,08,320 |
| sHNI(max) | 67 | 2,144 | ₹9,96,960 |
| sHNI(min) | 68 | 2,176 | ₹10,11,840 |
Saatvik Green Energy IPO Reservation
Saatvik Green Energy IPO reservation details show category-wise allocation of shares. Out of the total 19354838 shares, approximately 19.94% are reserved for QIB, 14.96% for NII, 34.91% for retail investors, 0.25% for employees, and 29.93% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 5793547 (29.93%) | |
| QIB Shares Offered | 3860119 (19.94%) | |
| NII (HNI) Shares Offered | 2896100 (14.96%) | |
| bHNI > ₹10L | 1930733 (NA%) | 4311 |
| sHNI < ₹10L | 965367 (NA%) | 2155 |
| Retail Shares Offered | 6757566 (34.91%) | 211223 |
| Employee Shares Offered | 47506 (0.25%) | |
| Total Shares Offered | 19354838 (100%) |
Saatvik Green Energy IPO Analytics
Saatvik Green Energy IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Saatvik Green Energy IPO Subscription Status
Saatvik Green Energy IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO is currently subscribed 6.92x, indicating strong demand across investor categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 38,60,119 |
28,96,100
19,30,733
9,65,367
|
67,57,566 | 1,35,61,291 |
|
Day 1
19-09-25 05:00 PM
|
0.01 x |
0.70x
0.47x
1.16x
|
0.93 x | 0.62 x |
|
Day 2
22-09-25 05:00 PM
|
0.01 x |
1.45x
1.05x
2.25x
|
1.65 x | 1.15 x |
|
Day 3
23-09-25 05:00 PM
|
11.41 x |
10.57x
11.28x
9.13x
|
2.80 x | 6.92 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 538140 (Approx) | 2.29x | 8.89x | 2.38x |
Saatvik Green Energy Valuations
Earnings
- EPS Pre IPO
- ₹19.09/-
- EPS Post IPO
- ₹16.83/-
- P/E Pre IPO
- 24.35
- P/E Post IPO
- 27.63
Returns
- ROE
- 63.41%
- ROCE
- 60.45%
- RoNW
- 63.41%
- PAT Margin
- 9.76%
Fundamentals
- Debt / Equity
- 1.36
- Price / Book
- 43.18
Saatvik Green Energy Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 1,635.74 | 688.04 | 263.00 |
| Revenue | 2,192.47 | 1,097.18 | 617.63 |
| Profit After Tax | 213.93 | 100.47 | 4.75 |
| Net Worth | 337.66 | 120.67 | 20.27 |
| Reserves & Surplus | 315.25 | 117.36 | 16.89 |
| Total Borrowing | 458.10 | 263.42 | 144.49 |
Saatvik Green Energy Company & Offer Insights
About Saatvik Green Energy
Incorporated in 2015, Saatvik Green Energy Limited is a module manufacturing company and provides engineering, procurement and construction ("EPC"). Saatvik Green Energy Limited also provide operations and maintenance ("O&M") services to clients mainly in the context of EPC projects.
The solar energy products of the company are: (i) monocrystalline passive emitter and rear cell ("Mono PERC") modules; and (ii) N-TopCon solar modules, both of which are available in mono-facial and bifacial variants for different applications, residential, commercial and utility-scale solar projects, etc.
The company produce the products by utilizing M10 technology for our Mono PERC modules and M10, G12, M10R and G12R technologies for our N-TopCon modules.
The company has provided solar modules for some of its solar installation projects, including floating solar PV modules like a solar power project at Ramagundam, Telangana during Fiscal 2023 and solar modules for the Raghanseda Solar Park in Banaskantha district, Gujarat during Fiscal 2023.
The company has two module manufacturing facilities located in Ambala, Haryana (collectively, the "Ambala Facilities") covering an aggregate land area of 724,225 square feet.
As of June 30, 2024, the company network consists of 34 selling partners, including 13 resellers, 16 distributors and five channel partners from different states of India.
Saatvik Green Energy Promoter(s)
Neelesh Garg, Manik Garg, Manavika Garg, SPG Trust are the company's promoters of Saatvik Green Energy.
Saatvik Green Energy IPO Issue Objectives
- •
- 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)
- •
- 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)
- •
- 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. (₹477.23 Cr)
- •
- General corporate purposes.
Saatvik Green Energy IPO - Anchor Investors
Saatvik Green Energy mops up over Rs 269 crore via anchor book ahead of Rs 900-crore IPO.
Total six domestic institutional investors participated in the anchor book including HDFC Mutual Fund, and Nippon Life India which are the largest investors in the anchor book, buying 20.43 lakh shares through their schemes for nearly Rs 190 crore.
Prashant Jain's 3P Investment Managers-owned 3P India Equity Fund acquired 10.75 lakh shares for nearly Rs 50 crore, while Bandhan Mutual Fund, SBI General Insurance Company, and 360 ONE picked 2.1 lakh shares each for Rs 29.4 crore.
Contact Information
Contact Details
Saatvik Green Energy
0124-3626755
Vill. Dubli, V.P.O Bihta Tehsil, Ambala, Haryana, 133101
Registrar Contact Details
Kfin Technologies Ltd
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Saatvik Green Energy IPO is a book-built IPO worth ₹900 crore. The price band is ₹442–₹465 per share. The IPO opens on Sep 19, 2025 and closes on Sep 23, 2025. It will be listed on BSE and NSE. Kfin Technologies Ltd is the registrar.
The price band of Saatvik Green Energy IPO is ₹442 to ₹465 per share.
The lot size of Saatvik Green Energy IPO is 32 shares.
The minimum investment for Saatvik Green Energy IPO is approximately ₹14,880 based on the upper price band .
Saatvik Green Energy IPO opens on Sep 19, 2025 and closes on Sep 23, 2025.
The allotment date of Saatvik Green Energy IPO is Sep 24, 2025.
Saatvik Green Energy IPO is expected to be listed on Sep 26, 2025, on BSE and NSE .
Saatvik Green Energy IPO listed on Sep 26, 2025. It was issued at ₹465.0(NSE) and is currently around ₹447.00 as on 27-May-2026 3:30 PM, which is approximately -3.9% versus issue price. The 52-week high is ₹567.00.
Based on listing and post-listing performance, Saatvik Green Energy IPO delivered around -3.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Saatvik Green Energy IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Saatvik Green Energy IPO valuation snapshot: P/E 27.63, EPS ₹16.83/-, P/B 43.18, RoNW 63.41%, and market cap N/A.
To apply for Saatvik Green Energy IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Saatvik Green Energy IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Saatvik Green Energy IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Saatvik Green Energy IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Saatvik Green Energy IPO allotment status on IPO Ji for quick and easy access.