214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Saatvik Green Energy IPO (Saatvik Green Energy Limited IPO) Detail

Saatvik Green Energy IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 900.00 Cr. The company is based in Haryana and caters to Solar sector. Ambit , Motilal Oswal Investment Advisors are the merchant bankers of Saatvik Green Energy IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th November 2024. Saatvik Green Energy IPO open date is 19th September 2025 and close date is 23rd September 2025. IPO Allotment Date is 24th September 2025 and Listing date is 26th September 2025.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 900.00 Cr. Avg IPO Size (Sector Based) : ₹ 1,887.50 cr.
  • Sector: Solar IPO so far: 10
  • Merchant Banker: Ambit Private IPO by BRLM so far: 17
  • City: Haryana IPO so far: 3
  • Revenue (annualised): ₹ 2158.39 cr.
            PAT: (annualised): ₹ 213.93 cr. Read Financial Information >>
  • PE Ratio: 27.63x Average Sector PE Ratio: 30.27x

Saatvik Green Energy IPO Date

Date of DRHP:
18th November 2024
IPO Open Date:
19th September 2025
IPO Close Date:
23rd September 2025
IPO Allotment Date:
24th September 2025
Initiation of Refund:
25th September 2025
IPO Listing Date:
26th September 2025

Saatvik Green IPO Info, Size, Subscription

Saatvik Green Energy IPO size is ₹ 900.00 Cr. with IPO price of ₹ 465.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 900.00 Cr.

Issue Price:
₹ 465.00

Market Capitalisation :
₹ 5,910.19 Cr.

PE multiple :
27.63

Subscription :
6.93 times

Pre Issue Promoter Holding :
90.05 %

Post Issue Promoter Holding :
[●]

Saatvik Green Energy IPO Information

Sub Sector : Module manufacturers in India in terms of operational solar photovoltaic (“PV”) module
Saatvik Green is among the leading solar photovoltaic (PV) module manufacturers in India, with an operational capacity of about 3.80 GW as of March 31, 2025 (CRISIL Report). It is one of the fastest-growing players in the sector and has supplied more than 2.50 GW of high-efficiency PV modules across domestic and international markets since inception (CRISIL Report).

With integrated capabilities, the company is recognized as one of the few in India engaged in module manufacturing along with engineering, procurement and construction (EPC) and operations and maintenance (O&M) services (CRISIL Report). As of March 31, 2025, it had an installed EPC base of 69.12 MW and continues to provide O&M services, primarily linked to its EPC projects.

Its product portfolio includes advanced solar modules designed to reduce
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Object of Issue (Saatvik Green IPO Objectives)

Particulars Amount
Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company 11
Investment in our 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
Investment in our 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”) 477
General corporate purposes [●]

Ambit Private Limited is the book-running lead manager of the Saatvik Green Energy IPO. Kfin Technologies Limited is the Registrar for Saatvik Green Energy IPO.

Saatvik Green IPO Registrar (RTA)

Kfin Technologies Limited

Saatvik Green Energy IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Saatvik Green Energy IPO?

Saatvik Green Energy IPO, based in Haryana, operates in the   Solar sector with a focus on Module manufacturers in India in terms of operational solar photovoltaic (“PV”) module. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Saatvik Green Energy IPO size is ₹ 900.00 Cr. with fresh issue size of ₹ 700 Cr. and Offer for sale being ₹ 200.00 Cr.

When is Saatvik Green IPO allotment?

The IPO allotment date for Saatvik Green Energy IPO is expected to be 24th September 2025, after the finalization of basis of allotment. Investors can check Saatvik Green Energy IPO allotment status on the registrars website, Kfin Technologies Limited . Saatvik Green Energy IPO refund dates are 25th September 2025.

When is Saatvik Green Energy IPO listing date?

Saatvik Green Energy IPO is expected to be listed on 26th September 2025.

What is the price band for Saatvik Green IPO?

The upper price band for the Saatvik Green Energy IPO is set at ₹ 465.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Saatvik Green Energy IPO Review?

For IPO analysis on Saatvik Green Energy IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Saatvik Green Energy IPO?

To apply for the Saatvik Green Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 23rd September 2025. After submission, funds are blocked until the basis of allotment of Saatvik Green Energy IPO is finalised.

Who is the merchant banker of Saatvik Green IPO?

The merchant banker for Saatvik Green Energy IPO is Ambit Private Limited , Motilal Oswal Investment Advisors Limited . Ambit Private Limited , Motilal Oswal Investment Advisors Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Saatvik Green Energy IPO RHP for further details.

Who is the Registrar of Saatvik Green Energy IPO?

The registrar for Saatvik Green Energy IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Saatvik Green Energy IPO through their official website or helpline.

What is the Saatvik Green Energy IPO subscription?

Saatvik Green Energy IPO was subscribed 6.93 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

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FAQs

Saatvik Green Energy IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Saatvik Green Energy Financial Review Page

Saatvik Green Energy IPO subscription was 6.93 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Saatvik Green Energy IPO listed at a listing price of 465.00 against the offer price of 465.00.

The current market price of Saatvik Green Energy is 551.70.

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