Saatvik Green Energy IPO Date, Review, Price, Allotment Details
Saatvik Green Energy IPO will open on September 19, 2025, and close on September 23, 2025. The IPO is a Book Built Issue, through which the company aims to raise about ₹900 crores, including a fresh issue of ₹700 crores and an offer for sale of up to 43,01,075 equity shares with a face value of ₹2 each.
The IPO price band has been fixed at ₹442 to ₹465 per share, with an allocation of 35% for retail investors, 50% for QIBs, and 15% for HNIs. The IPO allotment will be finalized on September 24, 2025, and the company’s shares are scheduled to list on the BSE and NSE on September 26, 2025.
On the financial side, the company reported a revenue of ₹2,192.47 crores in 2025, up from ₹1,097.18 crores in 2024, and a profit of ₹213.93 crores in 2025, compared to ₹100.47 crores in 2024. Considering this strong growth, investors may view the IPO as a good option for long-term investment.
Saatvik Green Energy IPO Details
IPO Open Date September 19, 2025 IPO Close Date September 23, 2025 Face Value ₹2 Per Equity Share IPO Price Band ₹442 to ₹465 Per Share Issue Size Approx ₹900 Crores Fresh Issue Approx ₹700 Crores Offer for Sale: Approx 43,01,075 Equity Shares Issue Type Book Built Issue IPO Listing BSE, NSE DRHP Draft Prospectus 
RHP Draft Prospectus
Saatvik Green Energy IPO Market Lot
The minimum market lot for the Saatvik Green Energy IPO is 32 shares, requiring an application amount of ₹14,880. Retail investors can apply for up to 13 lots, amounting to 416 shares and ₹1,93,440.
Application Lot Size Shares Amount Retail Minimum 1 32 ₹14,880 Retail Maximum 13 416 ₹1,93,440 S-HNI Minimum 14 448 ₹2,08,320 S-HNI Maximum 67 2,144 ₹9,96,960 B-HNI Minimum 68 2,176 ₹10,11,840
IPO Reservation
Investor Category Share Offered % Shares Anchor Investor – Shares -% QIB (Ex. Anchor) – Shares 50% NII Shares Offered – Shares 15% Retail Shares Offered – Shares 35%
Saatvik Green Energy IPO Anchor Investors
Anchor Bidding Date September 18, 2025 Anchor Investors List Shares Offered [.] Shares Anchor Size [.] Cr. lock-in period end date 50% shares (30 Days) October 24, 2025 lock-in period end date 50% shares (90 Days) December 23, 2025
Saatvik Green Energy IPO Dates
The Saatvik Green Energy IPO will open on September 19, 2025, and close on September 23, 2025. The allotment will be finalized on September 24, 2025, and the IPO is scheduled to list on the BSE and NSE on September 26, 2025.
IPO Open Date: September 19, 2025 IPO Close Date: September 23, 2025 Basis of Allotment: September 24, 2025 Refunds: September 25, 2025 Credit to Demat Account: September 25, 2025 IPO Listing Date: September 26, 2025 IPO Bidding Cut-off Time: September 23, 2025 – 5 PM
Promoters and Holding Pattern
The promoters of the company are Neelesh Garg, Manik Garg, Manavika Garg, and SPG Trust.
Particular Shares % Share Promoter Holding Pre-Issue 11,20,47,000 90.05% Promoter Holding Post Issue 12,71,00,763 79.38%
Objects of the Issue & Utilisation of Proceeds
Purpose Crores % Prepayment or scheduled repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company 10.82 -% 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 -% 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. (“Project Site”) 477.23 -% General corporate purposes – -%
About Saatvik Green Energy IPO
To be updated soon
Saatvik Green Energy IPO Company Financial Report
The company reported revenue of ₹2,192.47 crores in 2025 against ₹1,097.18 crores in 2024. The company reported a profit of ₹213.93 crores in 2025 against a profit of ₹100.47 crores in 2024.
Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets 2023 ₹617.63 ₹610.96 ₹4.75 ₹263.00 2024 ₹1,097.18 ₹965.31 ₹100.47 ₹688.04 2025 ₹2,192.47 ₹1,912.85 ₹213.93 ₹1,635.74
Saatvik Green Energy IPO Valuation – FY2025
Check Saatvik Green Energy IPO valuations detail like Earnings Per Share (EPS), Price/Earnings P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI Values ROE: 63.41% ROCE: 60.45% EBITDA Margin: 16.40% PAT Margin: 9.76% Debt to equity ratio: 1.36 Earning Per Share (EPS): ₹19.09 (Basic) Price/Earnings P/E Ratio: N/A Return on Net Worth (RoNW): 63.41% Net Asset Value (NAV): ₹30.14
Peer Group Comparison
Company EPS PE Ratio RoNW % NAV Income Waaree Energies Limited 68.24 55.02 19.48% 158.13 14,444.50 Cr. Premier Energies Limited 21.35 49.96 33.14% 15.33 6,518.75 Cr.
IPO Lead Managers aka Merchant Bankers
- Dam Capital Advisors Ltd.
- Ambit Pvt.Ltd.
- Motilal Oswal Investment Advisors Ltd.
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: saatvik.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Company Address
Saatvik Green Energy Ltd.
Vill. Dubli,
V.P.O
Bihta Tehsil,
Ambala, Haryana, 133101
Phone: 0124-3626755
Email: investors@saatvikgroup.com
Website: https://saatvikgroup.com/