
Energy / Renewable Energy · NSE / BSE
Saatvik Green Energy Limited, founded in 2015, is a solar module manufacturer that also provides engineering, procurement, and construction services. The company began production in 2016 with a capacity of 125 MW and has grown to 3.80 GW by June 2025. It operates two large facilities in Ambala, Haryana, covering over 724,000 square feet. Saatvik offers a wide range of solar products, including Mono PERC and N-TopCon modules in both mono-facial and bifacial options, designed for residential, commercial, and utility projects. As of June 2025, the company employs 618 people.
Price Band
₹442 – ₹465
Issue Size
₹900 Cr
Lot Size
32 shares
GMP
+2.1%
Est. Listing
₹475
at current GMP
Subscribed
6.92x
overall
Open
19 Sep 2025
Close
23 Sep 2025
Allotment
24 Sep 2025
Refund
25 Sep 2025
Demat Credit
26 Sep 2025
Listing
26 Sep 2025
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹465
Band: ₹442 – ₹465
Estimated Listing Price
₹475
Upper price + GMP
Lot Size
32 shares
Min investment ₹14,880
Estimated Profit / Lot
₹320
32 × ₹10
Grey Market Premium trend
+₹10
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹10 | 2.1% | ₹475 |
| 30 Oct 2026 | +₹10 | 2.1% | ₹475 |
| 29 Oct 2026 | +₹9 | 1.9% | ₹474 |
GMP is unofficial market data. Not a guarantee of listing performance.
Saatvik Green Energy Limited is bringing an initial public offering (IPO) in the Energy / Renewable Energy sector with an aggregate issue size of ₹900 Crores. The shares are offered at a price band of ₹442 to ₹465 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 32 shares (approx. ₹14,880 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-26, while un-allotted funds or UPI block mandates will be released on 2025-09-25.
The latest grey market premium for Saatvik Green Energy Limited IPO is ₹10, which indicates an expected listing price of ₹475.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.