IPO Trending
SAATVIKGLEQ / NSE, BSEListed
Saatvik Green Energy

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.

₹442 - ₹4656.92x sub
Listed Price₹465.00
Listing Gain+0.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open19 Sep 2025
Close23 Sep 2025
Allotment24 Sep 2025
Listing26 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor57,93,547 shares
29.93%
QIB38,60,119 shares
19.94%
HNI28,96,100 shares
14.96%
Retail67,57,566 shares
34.91%
Employee47,506 shares
0.25%

Minimum Application Lots

Retail1 Lot (32 shares)
₹14,880
sHNI14 Lots (448 shares)
₹2,08,320
bHNI68 Lots (2,176 shares)
₹10,11,840

Company Promoters

Neelesh GargManik GargManavika GargSPG Trust

Company Background

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 wid...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹2192.5 Cr
Growth+255.0%
Revenue Trend (₹ in Crores)
0.0840.51.7k2.5kMar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-252192.5213.91635.7458.1
Mar-241097.2100.5688.0263.4
Mar-23617.64.8263.0144.5

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2519.0763.41%60.45%24.3527.63
Mar-248.9683.21%64.07%00
Mar-230.4223.40%24.80%00

Peer Comparison & Valuation

Financial Performance

Waaree Energies Limited

NAV/Share (₹)158.13
RONW(%)19.48
EPS (Basic) (₹)68.24

Saatvik Green Energy Limited

NAV/Share (₹)30.14
RONW(%)63.41
EPS (Basic) (₹)19.09

Premier Energies Limited

NAV/Share (₹)15.33
RONW(%)33.14
EPS (Basic) (₹)21.35

Valuation

Waaree Energies Limited

P/E(X)55.02
CMP* (₹)3739.15
Face value (₹)10

Saatvik Green Energy Limited

P/E(X)NA
CMP* (₹)NA
Face value (₹)2

Premier Energies Limited

P/E(X)49.96
CMP* (₹)1066.7
Face value (₹)1

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
24 Sep 2025
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
26 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Saatvik Green Energy. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization24 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date26 Sep 2025Trading commences on exchange

How to Check Saatvik Green Energy Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Saatvik Green Energy from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Saatvik Green Energy IPO

Complete issue overview for Saatvik Green Energy (SAATVIKGL) IPO. The issue features an equity share price band of ₹442 – ₹465 per share with a minimum retail lot size of 32 Shares (minimum application amount of ₹14,880). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions