Saatvik Green Energy limited IPO

Mainboard

Offer Date: TBA - TBA

₹ NaN /N/A Shares

Saatvik Green Energy IPO Details

Issue Price

₹N/A per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Ltd

Market Lot

N/A Shares (₹N/A/-)

Lead Manager

Dam Capital Advisors Ltd/nAmbit Pvt.Ltd/nMotilal Oswal Investment Advisors Ltd

Issue Size

₹1,150.00 Cr

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP

Saatvik Green Energy IPO Details

Saatvik Green Energy IPO is a book-built issue of ₹1150 crores, The total issue size is ₹1150 crores. The IPO of Saatvik Green Energy is priced at ₹N/A per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from TBA and ends on TBA. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are Dam Capital Advisors Ltd , Ambit Pvt.Ltd , Motilal Oswal Investment Advisors Ltd.

The Saatvik Green Energy IPO sets its price band at N/A for each share. A single application for Saatvik Green Energy limited IPO must contain at least N/A shares.

Saatvik Green Energy Valuations

EPS Pre IPO

₹8.97/-

EPS Post IPO

₹/-

P/E Pre IPO

P/E Post IPO

ROE

83.21%

ROCE

64.07%

Debt/Equity

2.18

RoNW

83.21%

PAT Margin

9.16%

Price to Book Value

Saatvik Green Energy Company Financials All values are in ₹ Cr.

	31-Dec-24	31-Mar-24	31-Dec-23	31-Mar-23
Assets	1,106.81	688.04	373.1	263
Revenue	1,270.51	1,097.18	643.35	617.63
Profit After Tax	122.73	100.47	36.24	4.75
Net Worth	244.74	120.67	56.54	20.27
Total Borrowing	337.31	263.42	132.63	144.49

About The Company

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)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Neelesh Garg
Manik Garg
Manavika Garg
SPG Trust

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.
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.
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.
General corporate purposes.

Other Details

Company Contact Details

Saatvik Green Energy

Vill. Dubli, V.P.O Bihta Tehsil, Ambala, Haryana, 133101

Phone: 0124-3626755

Email: investors@saatvikgroup.com

Website: https://saatvikgroup.com/

Registrar Contact Details

Kfin Technologies Ltd

Phone: 04067162222, 04079611000

Email: saatvik.ipo@kfintech.com

Website: https://ipostatus.kfintech.com/

Saatvik Green Energy IPO - FAQs

Ans. Saatvik Green Energy limited IPO is a Mainboard IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A Shares. The IPO opens on TBA, and closes on TBA. Kfin Technologies Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Saatvik Green Energy limited IPO opens on TBA and closes on TBA.

Ans. The size of Saatvik Green Energy limited IPO is ₹1,150.00 Cr.

Ans. The IPO price band is set between ₹N/A per equity share.

Ans. To apply for Saatvik Green Energy limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Saatvik Green Energy limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Saatvik Green Energy limited IPO is TBA.

Ans. The Saatvik Green Energy limited IPO will be listed on TBA.

Ans. Follow the steps to check the allotment status for Saatvik Green Energy limited IPO here.