Saatvik Green Energy Limited
ListedMainboardEnergy / 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
₹10
+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 12 days ago
Overall Subscription
6.92x
Total Demand
QIB Multiplier
11.41x
Institutions & Funds
NII / HNI
10.57x
High Net-Worth
Retail (RII)
2.80x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,860,119 | 44,028,000 | 11.41x |
| NIB | 2,896,100 | 30,602,752 | 10.57x |
| HNIs(10L +) | 1,930,733 | 21,786,144 | 11.28x |
| HNIs (2-10L) | 965,367 | 8,816,608 | 9.13x |
| RETAIL | 6,757,566 | 18,912,288 | 2.80x |
| EMPLOYEES | 47,506 | 265,632 | 5.59x |
| Total | 16,457,391 | 124,411,424 | 6.92x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 211,223 | 502,994 | 2.38x |
| EMPLOYEES | — | 5,892 | 0.00x |
| HNIs(10L +) | 4,311 | 9,878 | 2.29x |
| HNIs (2-10L) | 2,155 | 19,160 | 8.89x |
| Total Applications | 217,689 | 537,924 | 2.47x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Saatvik Green Energy Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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 Schedule:
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.
Frequently Asked Questions
What is Saatvik Green Energy Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Saatvik Green Energy Limited IPO is ₹10 per equity share. Based on the upper price band of ₹442 to ₹465 per equity share, the estimated listing price is ₹475 (+2.1% expected listing gain).
What is the expected profit per lot for Saatvik Green Energy Limited IPO?
With a lot size of 32 shares and current GMP of ₹10, the expected profit per application lot is approx ₹320 (+2.1% gain). Minimum application cost is approx ₹14,880.
What is the issue size and price band for Saatvik Green Energy Limited IPO?
The Saatvik Green Energy Limited IPO aggregate issue size is ₹900 Crores with an equity price band set at ₹442 to ₹465 per equity share. The retail lot size is 32 shares requiring a minimum capital outlay of approx. ₹14,880.
How can I check Saatvik Green Energy Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 6.92x (Retail: 2.80x, QIB: 11.41x, NII: 10.57x). You can track live multiples directly on our dedicated subscription page.
Where and when will Saatvik Green Energy Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-09-24. Investors can verify status using PAN card or application number.
When is the listing date for Saatvik Green Energy Limited IPO?
Saatvik Green Energy Limited shares are scheduled to list on NSE and BSE on 2025-09-26.