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Saatvik Green Energy Limited IPO
Issue Size (Net)
up to Rs 900.00 Cr
Price Band
Rs 442 to Rs 465 per share
Issue Opens
September 19, 2025
Issue Closes
September 23, 2025

Company Highlights

1. Company Information

"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."

2. Competitive Strengths

1) Quality Customer Base and Large Order Book
2) Among the Leading Module Manufacturing Companies in India Offering Integrated Solutions to Independent Power Producers
3) Innovative Technology Solutions for the Solar Industry
4) Multiple Sales and Revenue Channels
5) Well-Positioned to Capture Favourable Industry Tailwinds

3.Saatvik Green Energy IPO Registrar
Kfin Technologies Ltd

Phone:04067162222, 04079611000
Email: saatvik.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/

Saatvik Green Energy Ltd. Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-25
1,635.74
2,192.47
213.93
353.93
337.66
315.25
458.1
31-Mar-24
688.04
1,097.18
100.47
156.84
120.67
117.36
263.42
31-Mar-23
263
617.63
4.75
23.87
20.27
16.89
144.49
Amount in Rs. Crore

Saatvik Green Energy IPO Details

Issue Opening Date September 19, 2025
Issue Closing Date September 23, 2025
Face Value Rs.2 per share
Price Rs 442 to Rs 465 per share
Lot Size 32 Shares
Sale Type Fresh Capital-cum-Offer for Sale
Total Issue Size 1,93,54,838 shares (aggregating up to Rs 900.00 Cr)
Fresh Issue 1,50,53,763 shares (aggregating up to Rs 700.00 Cr)
Offer for Sale 43,01,075 shares of Rs 2 (aggregating up to Rs 200.00 Cr)
Employee Discount Rs.44.00
Issue Type Bookbuilding IPO
Listing At BSE, NSE

Saatvik Green Energy IPO Timeline (Tentative Schedule)

Event Tentative Date
Opening Date Fri, Sep 19, 2025
Closing Date Tue, Sep 23, 2025
Tentative Allotment Wed, Sep 24, 2025
Initiation of Refunds Thu, Sep 25, 2025
Credit of Shares to Demat Thu, Sep 25, 2025
Listing Date Fri, Sep 26, 2025
Cut-off time for UPI mandate confirmation 5 PM on Tue, Sep 23, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

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