IPO - Initial Public Offerings

 SAATVIK

  

SAATVIK GREEN ENERGY LTD. IPO

19 Sep, 10:00 AM

Issue Open

23 Sep, 05:00 PM

Issue Close

32

Lot Size

₹ 442.00 – ₹ 465.00

Price Range

IPO Issue Details

Issue size 900.00 Cr
Market Price 465.00
Registrar Kfin Technologies Ltd
Face Value RS.2 /- Per share
Listing at NSE BSE

About

SAATVIK GREEN ENERGY LTD. 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, 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.

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 1 32 ₹ 14,880.00
Retail (Max) 13 416 ₹ 1,93,440.00
S-HNI (Min) 14 448 ₹ 2,08,320.00
S-HNI (Max) 67 2144 ₹ 9,96,960.00
B-HNI (Min) 68 2176 ₹ 10,11,840.00

IPO TimeLine

Open Date 19-Sep-2025
Close Date 23-Sep-2025
Basis of Allotment Date 24-Sep-2025
Initiation of Refunds 25-Sep-2025
Credit Shares to Demat A/c 25-Sep-2025
IPO Listing Date 26-Sep-2025