The Saatvik Green Energy IPO began on 19 September 2025. It will close on 23 September 2025. The Total IPO Size is 900 Crores. The company set its IPO price at 465 Rs Per Share.
There are three basic categories in Saatvik Green Energy IPO Subscription 1) Qualified Institutional Buyers, 2) Non-Institutional Investors 3) Retail.
Saatvik Green Energy is 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)
They are recognized as one of the few companies with capabilities in module manufacturing as well as engineering, procurement and construction (“EPC”).
Their solar energy products include:
(i) monocrystalline passive emitter and rear cell (“Mono PERC”) modules;
(ii) N-TopCon solar modules,
They currently operate three module manufacturing facilities in Ambala, Haryana
Saatvik Green Energy IPO ( Object of the Issue)
1) Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by our Company
2) Investment in our wholly owned Subsidiary, Saatvik Solar Industries Private Limited, in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary.
3) Investment in our wholly owned Subsidiary, Saatvik Solar Industries Private Limited, for setting up of a 4 GW solar PV module manufacturing facility at National Highway– 16, Chamakhandi, Gopalpur Industrial Park, Gopalpur, Ganjam – 761 020, Odisha. (“Project Site”)
4) General corporate purposes
Saatvik Green Energy IPO Promoters
Neelesh Garg, Manik Garg, Manavika Garg and SPG Trust are Promoters of the company.
Saatvik Green Energy IPO Date, Details & Price Band
The Saatvik Green Energy IPO Price Band, IPO Dates, Market lot and other details mentioned in be table below.
| IPO Opening Dates | 19-September-2025 |
| IPO Closing Dates | 23-September-2025 |
| Price | 442-465 Rs |
| Fresh Issue | 700.00 Crores |
| Offer for Sale | 200.00 Crores |
| Total IPO size | 900.00 Crores |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Saatvik Green Energy IPO Market Lot
The Saatvik Green Energy IPO minimum market lot is 32 shares with a 14,880 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 32 | 14,880 ₹ |
| Retail Maximum | 13 | 416 | 1,93,440 ₹ |
| S-HNI Minimum | 14 | 448 | 2,08,320 ₹ |
| S-HNI Maximum | 67 | 2,144 | 9,96,960 ₹ |
| B-HNI Minimum | 68 | 2,144 | 10,11,840 ₹ |
Restated Consolidated Financial Information (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-25 | 1,635.74 | 2,192.47 | 213.93 |
| 31-Mar-25 | 688.04 | 1,097.18 | 100.47 |
| 31-Mar-24 | 263.00 | 617.63 | 4.75 |
Saatvik Green Energy IPO GMP & Grey Market Premium
Saatvik Green Energy IPO GMP Grey market premium has started today. Check the Latest Saatvik Green Energy IPO GMP, Kostak Rates, and Subject to Sauda Price here.
Saatvik Green Energy IPO Prospectus
Saatvik Green Energy IPO Prospectus is Available on the NSE/BSE and Sebi Website as well as on our Portal. Please click here to download the Saatvik Green Energy IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor Investor List | Download |
Saatvik Green Energy IPO Allotment Date & Details
| Allotment Date | 24-Sep-2025 |
| Initiation of refunds | 25-Sep-2025 |
| Transfer of shares to Demat accounts | 25-Sep-2025 |
| Listing Date | 26-Sep-2025 |
| Check Allotment Status | Click here |
Registrar of Saatvik Green Energy
KFin Technologies Limited
Selenium Tower B, Plot No. 31 and 32, Gachibowli, Financial District,
Nanakramguda, Serilingampally Hyderabad-500 032, Telangana, India
Telephone: +91-40-67162222
E-mail: [email protected]
Website: www.kfintech.com
Investor grievance e-mail: [email protected]
Contact person: M. Murali Krishna
SEBI registration number: INR000000221
Saatvik Green Energy Contact Details
Saatvik Green Energy Ltd.
Vill. Dubli,
V.P.O
Bihta Tehsil, ,
Ambala, Haryana, 133101
Phone: 0124-3626755
Email: [email protected]
Website: https://saatvikgroup.com/
Saatvik Green Energy IPO Lead Managers
DAM Capital Advisors Limited
Altimus 2202, Level 22
Pandurang Budhkar Marg
Worli, Mumbai – 400 018
Maharashtra, India
Telephone: +91 22 4202 2500
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.damcapital.in
Contact person: Chandresh Sharma / Puneet Agnihotri
SEBI Registration No.: MB/INM000011336
Ambit Private Limited
Ambit House, 449, Senapati Bapat Marg
Lower Parel, Mumbai 400 013
Maharashtra, India
Telephone: + 91 22 6623 3030
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.ambit.co
Contact person: Anmol Modi
SEBI Registration No.: INM000010585
Motilal Oswal Investment Advisors Limited
Motilal Oswal Tower, Rahimtullah
Sayani Road, Opposite Parel ST Depot
Prabhadevi, Mumbai 400 025
Maharashtra, India
Telephone: +91 22 7193 4380
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.motilaloswalgroup.com
Contact person: Sukant Goel / Ronak Shah
SEBI Registration No.: INM000011005
