The Saatvik Green Energy Ltd IPO is a mainboard IPO, opening on 19 September 2025 and closing on 23 September 2025, with a price band of ₹442 - ₹465 per share. The lot size is 32 shares. The total issue size is approx ₹900 crore. The shares are expected to list on BSE and NSE, with a tentative listing date of 26 September 2025.
Saatvik Green Energy IPO Details 2025
The following are some of the important financial details of the Saatvik Green Energy IPO:
Detail
Value
IPO Open Date
19-Sep-2025
IPO Close Date
23-Sep-2025
Face Value
₹2 per equity share
Price Band
₹442 – ₹465 per share
Issue Size
Approx ₹900 Crores
Fresh Issue
Approx ₹700 Crores
Offer for Sale
4.3 million shares, worth ₹200 Crores by promoters
Issue Type
Book Built Issue
Listing
BSE & NSE, tentative listing date September 26, 2025
Investor Allocation
QIB: Not more than 50%; Retail: Not less than 35%; NII: Not less than 15%
Saatvik Green Energy IPO Market Lot:
The following table provides information about the Saatvik Green Energy IPO market lot:
Category
Lot Size
Shares
Amount (₹)
Retail Minimum
1 lot
32 shares
₹14,880 (at upper band)
Retail Maximum
13 lots
416 shares
₹1,93,440
S-HNI Minimum
14 lots
448 shares
₹2,08,320
S-HNI Maximum
67 lots
2,144 shares
₹9,96,960
B-HNI Minimum
68 lots
2,176 shares
₹10,11,840
Saatvik Green Energy IPO Dates
The following are the important dates related to Saatvik Green Energy IPO:
Event
Date
Anchor Investor Bidding
September 18, 2025
Basis of Allotment
September 24, 2025
Refunds & Demat Credit
September 25, 2025
IPO Listing Date
September 26, 2025
Saatvik Green Energy Financial Report
The following table shows the financial report of Saatvik Green Energy Ltd (in ₹ crore):
Year
Revenue (₹ cr)
Profit (₹ cr)
Assets (₹ cr)
FY2024
₹1,097.18
₹100.47
₹688.04
FY2025
₹2,192.47
₹213.93
₹1,635.74
Promoters of Saatvik Green Energy IPO
The promoters of Saatvik Green Energy are Neelesh Garg, Manik Garg, Manavika Garg and SPG Trust.
Saatvik Green Energy IPO Registrar
The following is the Saatvik Green Energy IPO registrar details:
Lead Managers (Merchant Bankers) for Saatvik Green Energy IPO
The following are the lead managers (also known as Merchant Bankers) for Saatvik Green Energy IPO:
Dam Capital Advisors Ltd.
Ambit Pvt.Ltd.
Motilal Oswal Investment Advisors Ltd.
Saatvik Green Energy Company Details
The following are the company details:
Incorporated in 2015, Saatvik Green Energy is a solar photovoltaic (PV) module manufacturer and also offers full EPC (Engineering, Procurement & Construction)
As of June 30, 2025, it has an operational module manufacturing capacity of about 3.80 GW.
The company offers Mono PERC and N-TopCon solar modules, in both mono-facial and bi-facial options. Products are used for residential, commercial, utility scale, rooftop, and open-access solar installations.
Saatvik Green Energy Company Address
The following is the company address for Saatvik Green Energy:
Frequently Asked Questions - Saatvik Green Energy IPO
What is Saatvik Green Energy IPO?
It is a mainboard IPO of ₹900 crore, with ₹700 crore fresh issue and ₹200 crore OFS, priced at ₹442–₹465 per share.
When to apply for Saatvik Green Energy IPO?
The IPO opens on September 19, 2025, and closes on September 23, 2025.
What is the minimum investment for Saatvik Green Energy IPO?
Minimum is one lot of 32 shares, costing ₹14,880 at the upper price band.
How is the allocation distributed for Saatvik Green Energy IPO?
QIB: Not more than 50%, Retail: Not less than 35%, NII: Not less than 15%.
When will the IPO be listed?
Tentative listing date is September 26, 2025, on NSE & BSE.
Important Disclaimer: We strive to provide the most up-to-date and accurate IPO details. However, details may change due to regulatory or market developments. Please verify key information before investing.
Author: Diwakar Singh
Diwakar Singh is a seasoned financial content strategist with over six years of experience in analysing and writing about financial instruments and markets.
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