Saatvik Green Energy IPO
ListedQuality Score
0/0
Growth Score
0/0
Valuation Score
0/0
Saatvik Green Energy IPO Details
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Bidding Date
19-Sep-2025 to
23-Sep-2025 -
Issue Size
₹900 Cr
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Price Band
₹442 to ₹465
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Allotment date
24-Sep-2025
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Listing date
26-Sep-2025
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Lot size
32
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No. of shares
1,93,54,839
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Fresh issue/OFS
₹700 Cr/₹200 Cr
About Saatvik Green Energy Company
Saatvik Green Energy Limited, incorporated in 2015 and converted into a public limited company in 2024, is a prominent manufacturer of high-efficiency solar photovoltaic (PV) modules, specializing in Mono PERC and N-TopCon technologies available in monofacial and bifacial configurations. The company operates one of India’s largest single-location module manufacturing facilities in Ambala, Haryana, with a capacity of 3.8 GW, expanding towards 4.8 GW, and is developing an additional advanced 4 GW facility in Odisha. Saatvik’s product portfolio serves residential, commercial, and utility-scale solar markets, supported by a strong network of 53 selling partners including distributors and channel partners, with key customers such as JSW Neo Energy and Shree Cement. The company emphasizes innovation, operational efficiency, sustainability, and strategic expansion, focusing on high-quality product development and collaborative customer engagement to drive growth and meet evolving energy needs.
Subscription Status
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Category
Status
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QIBs
10.8x
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NIIs
10x
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Retail
2.7x
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Others
5.3x
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Total
6.6x
FAQs for Saatvik Green Energy IPO.
What is the issue size of Saatvik Green Energy IPO?
The issue size of Saatvik Green Energy is ₹900.00 Cr.
What is the industry of Saatvik Green Energy?
Saatvik Green Energy falls into Energy Equipment & Services industry.
Where Saatvik Green Energy IPO will be listed?
The Saatvik Green Energy IPO will be listed on both NSE and BSE.
What are the open and close dates for the Saatvik Green Energy IPO?
The open and close dates for the Saatvik Green Energy are 19-Sep-2025 & 23-Sep-2025.
What are the price band for Saatvik Green Energy IPO?
The price band for the Saatvik Green Energy ipo is ₹442 to ₹465
What is the listing date of Saatvik Green Energy IPO?
The listing date of Saatvik Green Energy IPO is 26-Sep-2025.
What is the purpose for the Saatvik Green Energy IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Saatvik Green Energy IPO subscribed?
Saatvik Green Energy total subscription ratio is 6.6X.
What are the key financials for the Saatvik Green Energy IPO?
Key financial of the Saatvik Green Energy are:
| Saatvik Green Energy | FY-25 | FY-24 | FY-23 |
|---|---|---|---|
| Revenue (₹ Cr) | 2158.39 | 1087.97 | 608.59 |
| EBIT (₹ Cr) | 291.45 | 138.23 | 10.2 |
| Proft after Tax (₹ Cr) | 213.93 | 100.47 | 4.75 |
| Debt (₹ Cr) | 458.1 | 263.42 | 144.49 |
| Net Worth (₹ Cr) | 337.66 | 120.74 | 20.27 |
| RoE (%) | 63.36 | 83.21 | 23.41 |