
Capital Goods · BSE
AI Urja Indo Ventures Limited provides Operation and Maintenance (O&M) and other support services for industrial plants, primarily in the power generation sector, along with industries such as iron and steel and agrochemicals. The Company provides control and instrumentation services for large power plants, including a 4,760 MW thermal power plant in Central India and a 3,000 MW plant in Northern India. Its services include maintenance of electrical systems, Control & Instrumentation (C&I) and mechanical systems, as well as operation services for Coal Handling Plants (CHP), Merry-Go-Round (MGR) systems and Boiler-Turbine-Generator (BTG) facilities. It also provides industrial housekeeping, overhaul works, Annual Overhaul (AOH) and Capital Overhaul (COH) services. As of March 31, 2025, the Company had a workforce of 2,469 personnel, compared with 1,611 in 2024 and 1,326 in 2023.
Price Band
₹107 – ₹113
Issue Size
₹220.80 L Cr
Lot Size
1200 shares
GMP
Est. Listing
₹113
at current GMP
Subscribed
0.04x
overall
Open
25 Sep 2026
Close
29 Sep 2026
Allotment
30 Sep 2026
Refund
1 Oct 2026
Demat Credit
2 Oct 2026
Listing
5 Oct 2026
Overall Subscription
0.04x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.07x
High Net-Worth
Retail (RII)
0.05x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 392,400 | — | 0.00x |
| NIB | 302,400 | 20,400 | 0.07x |
| HNIs(10L +) | 201,600 | 9,600 | 0.05x |
| HNIs (2-10L) | 100,800 | 10,800 | 0.11x |
| RETAIL | 710,400 | 38,400 | 0.05x |
| Total | 1,707,600 | 79,200 | 0.04x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 296 | 16 | 0.05x |
| HNIs(10L +) | 56 | 1 | 0.02x |
| HNIs (2-10L) | 28 | 2 | 0.07x |
| Total Applications | 380 | 19 | 0.05x |
Sai Urja Indo Ventures Limited is bringing an initial public offering (IPO) in the Capital Goods sector with an aggregate issue size of ₹22,08,000 Crores. The shares are offered at a price band of ₹107 to ₹113 per equity share on 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 1200 shares (approx. ₹1,35,600 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 Maashitla Securities Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-10-02, while un-allotted funds or UPI block mandates will be released on 2026-10-01.
The Sai Urja Indo Ventures Limited IPO aggregate issue size is ₹22,08,000 Crores with an equity price band set at ₹107 to ₹113 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,35,600.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2026-09-30.