Saatvik Green Energy IPO Will Open On Sep 19, 2025 And Close On Sep 23, 2025.The ₹900 Cr. IPO Is A Book Build Issue, Consisting Entirely of A Fresh Issue and offer for Sale. Saatvik Green Energy IPO Price Band Is Set At ₹442 to ₹465 Per Share.
The Allotment will Be Finalized On Sep 24, 2025 and Listing date is Expected on The NSE BSE By Sep 26, 2025. Investor Quota like 50% QIB, 35% Retail, and 15% HNI Category.
Financial Year 2025 Company Posted a Revenue of ₹21,583.94 Cr. and A Net Profit of ₹2,139.30 Cr. Showing Strong Growth From The Previous Year. Based On Financial, The IPO Looks Promising For Long-term Investors.
About Saatvik Green Energy Limited
Our Company was originally incorporated on May 29, 2015 as “Saatvik Green Energy Limited” We are among the leading module manufacturers in India in terms of operational solar photovoltaic (“PV”) module manufacturing capacity, with an operational capacity of about 3.80 gigawatt (“GW”) modules as of March 31, 2025.
we have supplied more than 2.50 GW high-efficiency solar PV modules domestically and internationally.
We are recognized as one of the few companies with capabilities in module manufacturing as well as engineering, procurement and construction (“EPC”) and operations and maintenance (“O&M”) services.
Our Solar Energy Products include:
(i) monocrystalline passive emitter and rear cell (“Mono PERC”) modules.
(ii) N-Top Con solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. We manufacture our products through the use of M10 technology for our Mono PERC modules and M10, G12, M10R and G12R technologies for our N-TopCon modules.
Our Network comprises 53 selling Partners, which include 23 resellers, 19 distributors and 11 channel partners across various states in India.
Our turnkey EPC services comprise end-to-end engineering, procurement and construction services for prominent solar projects. In our EPC vertical, we provide comprehensive solar solutions, managing projects from concept through to execution.
Saatvik Green Energy IPO Dates & Price Band Details
| Open Date | Sep 19, 2025 |
|---|---|
| Close Date | Sep 23, 2025 |
| Price Band | ₹442 to ₹465 per share |
| Face Value | ₹2 per equity share |
| Lot Size | 32 Shares |
| Minimum Investment | ₹14,880 Thousand (for 1 lot at ₹465) |
| Type | Fresh Issue & OFS |
| Issue Size | 20,000,000 shares (Approx ₹900 Cr) |
| Fresh Issue | 15,555,556 shares (Approx ₹ 700 Cr) |
| Offer for Sale | 4,444,444 shares (Approx ₹ 200 Cr) |
| Employees Discount | ₹45.00 |
| Issue Type | Book building IPO |
| Retail Investor Quota | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing Exchange | NSE, BSE |
| Anchor Investor List | Click Here |
| DRHP (Draft Prospectus) | Click Here |
| RHP (Final Prospectus) | Click Here |
Saatvik Green Energy IPO Market Lot Size
The Minimum Lot Size For The Saatvik Green Energy IPO is 32 Shares, Requiring An Application Amount of 14,880 For Retail Investors. Investors Must Apply in Multiples of The Lot Size.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 32 | 14,880 |
| Retail (Max) | 13 | 416 | 193,440 |
| S-HNI (Min) | 14 | 448 | 208,320 |
| S-HNI (Max) | 67 | 2,144 | 996,960 |
| B-HNI (Min) | 68 | 2,176 | 1,011,840 |
Objects Of The Issue
- Prepayment or scheduled re-payment, in full or in part, of all or a portion of certainoutstanding borrowings availed by our Company.
- Investment in our wholly owned Subsidiary, Saatvik Solar Industries Private Limited, in the form of debt or equity for repayment/prepayment of borrowings,
- Investment in our wholly owned Subsidiary, Saatvik Solar Industries Private Limited,for setting up of a 4 GW solar PV module manufacturing facility .
- General corporate purposes.
Saatvik Green Energy IPO Allotment & Listing Dates
Saatvik Green Energy IPO Will Open on Sep 19, and Close on Sep 23, 2025. The allotment is Expected on Sep 24, With the Listing Scheduled on NSE BSE For Aug 26, 2025 (More information below table).
| Anchor Investor Bidding | Thu,Sep 18, 2025 |
|---|---|
| IPO Opens | Fri, Sep 19, 2025 |
| IPO Closes | Tue, Sep 23, 2025 |
| Allotment Finalisation | Wed, Sep 24, 2025 |
| Refunds / Unblocking | Thu, Sep 25, 2025 |
| Shares Credited to Demat | Thu, Sep 25, 2025 |
| Listing Date | Fri, Sep 26, 2025 |
Saatvik Green Energy IPO Financial Report (FY 2025)
Saatvik Green Energy Reported a total Revenue of ₹21,583.94 Cr. in FY 2025, Slightly up From ₹10,879.65 Cr. in FY 2024. The Company Net Profit Also Rose to ₹2,139.30 Cr. From ₹1,004.72 Cr. in the Previous Year Showing Consistent Financial Growth Ahead of its IPO. (More information below table).
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets (Total) | 16,357.44 | 6,880.38 | 2,629.99 |
| Revenue | 21,583.94 | 10,879.65 | 6,085.88 |
| Profit After Tax | 2,139.30 | 1,004.72 | 47.45 |
| EBITDA | 3,539.32 | 1,568.44 | 238.66 |
| Net Worth | 3,376.59 | 1,207.41 | 202.73 |
| Reserves and Surplus | 3,152.49 | 1,172.93 | 168.93 |
| Total Borrowing | 4,581.92 | 2,634.02 | 1,444.44 |
| (₹ Million) |
Saatvik Green Energy IPO Valuation Report – FY 2025 (KPI)
Check Detailed Saatvik Green Energy IPO Valuation Metrics for FY 2025, including EPS, P/E Ratio, RoNW, NAV, ROCE, and other key financial indicators. These Ratios help Investors Assess the Company financial Health & Valuation Before applying for The IPO. (More information below table).
| KPI | Value |
|---|---|
| Return on Equity (ROE) | 63.41% |
| Return on Capital Employed (ROCE) | 60.45% |
| EBITDA Margin | 16.40% |
| PAT Margin | 9.76% |
| Debt-to-Equity Ratio | 1.36 |
| Earnings Per Share (EPS) | 19.09 |
| Price to Earnings Ratio (P/E) | 24.35 |
| Return on Net Worth (RoNW) | 63.41% |
| Net Asset Value (NAV) | 30.14 |
Our Competitive Strengths
- Quality Customer Base and Large Order Book.
- Among the Leading Module Manufacturing Companies in India Offering Integrated Solutions to Independent Power Producers.
- Innovative Technology Solutions for the Solar Industry.
- Multiple Sales and Revenue Channels.
- Well-Positioned to Capture Favourable Industry Tailwinds.
- Experienced Promoters and Management Team with a Committed Employee Base.
Our Company Promoters
- Neelesh Garg,
- Manik Garg,
- Manavika Garg and SPG Trust
Saatvik Green Energy Comparison With Industry Peers
| Company | Face value (₹) | CMP Sep 11, 2025 (₹) | EPS ) (₹) | P/E | (“RoNW”) (%) | NAV Price (₹) | Revenue 2025 (₹ million) |
|---|---|---|---|---|---|---|---|
| Saatvik Green Energy | 2 | - | 19.09 | 24.35 | 63.41 | 30.14 | 21,583.94 |
| Waaree Energies Limited | 10 | 3,739.15 | 68.24 | 55.02 | 19.48 | 158.13 | 144,445.00 |
| Premier Energies Limited | 1 | 1,066.70 | 21.35 | 49.96 | 33.14 | 15.33 | 65,187.50 |
Also Read: Saatvik Green Energy IPO GMP Today, Grey Market Premium Live
Saatvik Green Energy Company Contact Details
Registered Office: Vill. Dubli,
V.P.O, Bihta Tehsil, Ambala – 133 101, Haryana, India
Telephone: 0124-3626755,
Email: investors@saatvikgroup.com
Website: https://saatvikgroup.com
Saatvik Green Energy Lead Manager
- DAM Capital Advisors Limited.
- Ambit Private Limited.
- Motilal Oswal Investment Advisors Limited.
Saatvik Green Energy IPO Registrar
KFin Technologies Limited
Selenium Tower B, Plot No. 31 and 32,
Financial District, Nanakramguda,
Serilingampally, Hyderabad,
Rangareddi – 500 032,Telangana, India
Telephone: +91 40 67162222
E-mail: saatvik.ipo@kfintech.com
Website: www.kfintech.com
Saatvik Green Energy IPO FAQs
Question 1: What is the Saatvik Green Energy IPO?
Answer 1: Saatvik Green Energy IPO is a Mainboard IPO of 20,000,000 equity shares of the face value of ₹10 approximately up to ₹900 Cr. The issue is price at ₹442 to ₹465 per share.
The Saatvik Green Energy IPO opens on 19, Sep 2025 and closes on 23, Sep2025.
KFin Technologies Limited is the registrar for the IPO. The shares to be listed on NSE BSE.
Question 2: How to apply in Saatvik Green Energy IPO through Groww?
Answer 2: Groww customers can apply online in Saatvik Green Energy IPO using UPI as a payment gateway. Groww customers can apply in Saatvik Green Energy IPO by login into Groww (back office) and submitting an IPO application form.
Steps to apply in Saatvik Green Energy IPO through Groww –
- Visit the Groww website and login to Groww.
- Go to Main Page and click the Products & tools and click IPO tab.
- New page Open and Show ‘Saatvik Green Energy IPO’ click the ‘Apply’ button.
- Show IPO detail Shares lot Size and Bid Price & click here to Cutoff Price check Box and Continue.
- Inter Your UPI id like . 95****299@kotak accept terms and condition click Box and Apply For IPO
- groww share payment link Your UPI Mobile Number Pay Payment for IPO Bid to approve the e-mandate successfully submit application .
Question 3: When Saatvik Green Energy IPO will open?
Answer 3: The Saatvik Green Energy IPO opens on Sep 19, 2025 and closes on Sep 23, 2025.
Question 4: What is the lot size of Saatvik Green Energy IPO?
Answer 4: Saatvik Green Energy IPO lot size and the minimum order quantity is 32 Shares.
Question 5: How to apply for Saatvik Green Energy IPO?
Answer 5: You can apply in Saatvik Green Energy IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Groww, Zerodha, Upstox, 5Paisa, Phonepe Share Market, HDFC Bank, and Angel one.
Question 6: When is Saatvik Green Energy IPO allotment date?
Answer 6: The Basis of Allotment for Saatvik Green Energy IPO will be on Wed, Sep 24, 2025, and the allotted shares will be credited to your demat account by, Thu, Sep 25, 2025. For Check the Saatvik Green Energy IPO allotment status.
Question 7: When is Saatvik Green Energy IPO listing date?
Answer 7: The Saatvik Green Energy IPO listing date is Sep 26, 2025. The date of Saatvik Green Energy IPO listing on Fri, Sep 26, 2025.
