Saatvik Green Energy Ltd (MAINBOARD)

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Saatvik Green Energy

September 19, 2025 – September 23, 2025

Price ₹442 - ₹465
GMP Rumors * ₹0
Lot size 32
Allotment Sep 24, 2025
Listing Sep 26, 2025


Saatvik Green Energy Lot(s) Distribution

Category Lot(s) Qty Amount Reserved
Retail 1 32 14880 211223
sHNI 14 448 208320 2155
bHNI 68 2176 1011840 4311

Saatvik Green Energy Reservation

Category Shares Offered %
QIB 9653566 49.88%
HNI 2896100 14.96%
Retail 6757566 34.91%
Employee 47506 0.25%
Total 19354738 100%

Saatvik Green Energy About

Saatvik Green Energy IPO Details
Sale TypeFresh Capital-cum-Offer for Sale
Issue Size[19354838] shares
(aggregating up to ₹900.00 Cr)
Fresh Issue[15053763] shares
(aggregating up to ₹700.00 Cr)
Offer for Sale[4301075] shares of ₹2
(aggregating up to ₹200.00 Cr)
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Share Holding Pre Issue11,20,47,000 shares
Saatvik Green Energy IPO Reservation
Investor CategoryShares Offered
QIB Shares OfferedNot more than 50% of the Net Offer
Retail Shares OfferedNot less than 35% of the Net Offer
NII Shares OfferedNot less than 15% of the Net Offer
Key Performance Indicator (KPI)
Pre IPOPost IPO
EPS8.97
Company Financials
PeriodDec 2024Mar 2024Dec 2023Mar 2023
Assets1,106.81688.04373.1263
Income1,270.511,097.18643.35617.63
Profit122.73100.4736.244.75
Net Worth244.74120.6756.5420.27
Borrowing337.31263.42132.63144.49
Amount in ₹ Crore

Company Overview

  • Founded: 2015
  • Core Business: A vertically integrated solar energy company involved in manufacturing, project execution, and maintenance.

Business Segments

  1. Manufacturing: Production of solar modules.
  2. EPC Services: Engineering, Procurement, and Construction of solar projects.
  3. O&M Services: Operations and Maintenance services, primarily for their EPC projects.

Product Portfolio

  • Mono PERC Modules: Manufactured using M10 wafer technology.
  • N-TopCon Modules: A more advanced technology, manufactured using M10, G12, M10R, and G12R wafer technologies.
  • Both types of modules are available in mono-facial and bifacial formats.
  • Applications: Suitable for residential, commercial, and utility-scale solar projects.

Notable Projects (Fiscal 2023)

  • Supplied modules for a floating solar PV project in Ramagundam, Telangana.
  • Supplied modules for the Raghanseda Solar Park in the Banaskantha district, Gujarat.

Manufacturing Facilities

  • Location: Ambala, Haryana (two facilities).
  • Total Land Area: 724,225 square feet 

Sales & Distribution Network (as of June 30, 2024)

o    Total Partners: 34

o    Resellers: 13

o    Distributors: 16

o    Channel Partners: 5

Strength

Weakness

Saatvik Green Energy 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/

Saatvik Green Energy Registrar

Kfin Technologies Limited
Address: Kfin Technologies Limited KFintech, Tower-B, Plot No 31 & 32, Financial District, Nanakramguda, Gachibowli, Hyderabad, Telangana India - 500 032.