Saatvik Green Energy Limited IPO
Saatvik Green Energy Limited is a solar photovoltaic module manufacturer with an operational capacity of 3.80 GW as of February 28, 2025. Its product range includes Mono PERC and N-TopCon modules in both mono-facial and bifacial options, catering to residential, commercial, and utility-scale projects. In addition to manufacturing, the company provides end-to-end EPC services for ground-mounted and rooftop solar installations, along with operations and maintenance support, offering comprehensive solutions across the solar energy value chain.
Price Band₹0.00 |
Dates- |
GMP₹0 (-) |
Subscriptions- |
Issue Size₹1,150.00 Crs |
Saatvik Green Energy IPO Objects
- Prepayment in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
- Investment in our wholly owned Subsidiary
- General corporate purposes
Saatvik Green Energy IPO Details
Price Band₹0.00 |
Listing At |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹850.00 Cr (0.00 Shares) |
Offer For Sale₹300.00 Cr (0.00 Shares) |
Total Issue₹1,150.00 Cr (0.00 Shares) |
Face Value₹2 per equity share |
Saatvik Green Energy IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
0
0
Maximum
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-
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| Small HNI |
Minimum
-
-
-
Maximum
-
-
-
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| Big HNI |
Minimum
-
-
-
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Saatvik Green Energy IPO GMP
The estimated Grey Market Premium of Saatvik Green Energy IPO is ₹0 per share (-)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
Saatvik Green Energy IPO Financials
| Particulars | Dec-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Revenue from Operations | 1,239.46 | 1,087.97 | 608.59 | 479.95 |
| Profit after Tax | 122.73 | 100.47 | 4.75 | 5.96 |
| Net Worth | 244.74 | 120.67 | 20.27 | 15.62 |
| Total Borrowing | 337.31 | 263.42 | 144.49 | 101.98 |
| Total Assets | 1,106.81 | 688.04 | 263.00 | 217.41 |
| NAV per share (in ₹) | 21.84 | 10.77 | 1.81 | 1.39 |
| EPS - Basic (in ₹) | 10.95 | 8.96 | 0.42 | 0.53 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 14.42% |
| PAT | 9.16% |
| ROE | 83.21% |
| ROCE | 64.07% |
| Debt to Equity | 2.18 |
- All the data pertains to FY 2024-25.
Saatvik Green Energy IPO Peer Comparision
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Saatvik Green Energy IPO Peer Comparision
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Promoter Details
| Name | Shareholding |
|---|---|
| SPG Trust | 43.44% |
| Manik Garg | 15.12% |
| Neelesh Garg | 14.22% |
| Manavika Garg | 0.91% |
| Other Promoter | 16.36% |
| Total | 90.05% |
Management Details
| Name | Designation |
|---|---|
| Neelesh Garg | Chairman |
| Manik Garg | MD |
| Prashant Mathur | CEO |
| Abani Jha | CFO |
Company Details
Name: Saatvik Green Energy Limited
Address: Vill. Dubli, V.P.O, Bihta Tehsil, Ambala – 133 101 Haryana, India
Number: 0124-3626755
Email: investors@saatvikgroup.com
Website: https://saatvikgroup.com/
Book Running Lead Managers (BRLMs)
RTAs
KFin Technologies
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Saatvik Green Energy IPO is a Mainboard IPO having an issue size of Rs. ₹1,150.00 Crs. Saatvik Green Energy IPO is priced at ₹0.00 - ₹0.00 per share. The issue opens on 08 Sep 25 and closes on 08 Sep 25.
Saatvik Green Energy IPO opens on 08 Sep 25 and closes on 08 Sep 25.
The estimated Grey Market Premium of Saatvik Green Energy IPO is ₹0 per share (-).
The minimum lot size of Saatvik Green Energy IPO is 0.00 shares & the minimum application amount is Rs. 0.
The allotment date of Saatvik Green Energy IPO is 08 Sep 25.
The listing date of Saatvik Green Energy IPO is 08 Sep 25.
Saatvik Green Energy IPO is subscribed -.
Saatvik Green Energy IPO is priced at ₹0.00 - ₹0.00 per share.
Click the allotment link on Saatvik Green Energy IPO page of IPO360.
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