Saatvik Green Energy IPO: Should You Invest?

India’s renewable energy installations have grown from nearly 123 GW in March 2019 to around 233 GW by June 2025. Amidst this, Saatvik Green Energy's IPO is expected to make a debut soon.

Dam Capital Advisors, Ambit, and Motilal Oswal Investment are managing the IPO. KFin Technologies Limited is gearing up to register it. Check the allotment status.

See the Saatvik Green Energy DRHP and RHP.

Note: Half of the Saatvik Green Energy IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

Saatvik Green Energy IPO Details: Company Profile

The Saatvik Green Energy Private Limited company profile is as follows:

Particulars	Details
Promoter	Parmod Kumar
Products	Solar module
Registered Office	Haryana
Manufacturing Facility	724,225 square feet
Number Of Employees	618
Peers	TATA Power Solar, Waaree Energies, and Adani Solar

About the Saatvik Green Energy Private Limited IPO

See the Saatvik Green Energy share price, IPO date, GMP and other details to get an analysis of the Saatvik Green Energy IPO.

Saatvik Green Energy IPO Date

Event	Date
IPO Opening	September 19, 2025
IPO Closing	September 23, 2025
UPI Mandate Confirmation Deadline	5:00 PM, September 23, 2025
Allotment Finalisation	September 24, 2025
Refunds Begin	September 25, 2025
Shares in Demat	September 25, 2025
Expected Listing on Exchange	September 26, 2025

Saatvik Green Energy Limited IPO size

Particulars	Shares	Aggregate Value
Fresh Issue	Undisclosed	₹ 7,000 million
Offer for Sale	Undisclosed	₹ 2,000 million
Overall Issue	Undisclosed	₹ 9000 million

Objects of the Saatvik Green Energy IPO Offer

Particulars	Amount (₹ in million)
For loan prepayment/repayment	108.19
Investment for debt/equity repayment	1,664.36
Investment in Saatvik Solar	4,772.27
General corporate needs	Not Disclosed
Total	Not Disclosed

Other takeaways from the Saatvik Green Energy Share Price NSE

Let’s check out the Saatvik Green Energy share price here.

Particulars	Description
Face value of each share	₹2
Price Range	₹442 to ₹465
Listed At	NSE BSE

Categorisation of different bidders

Application Category	Maximum Investment Limit	Cut-off Price Bidding
Retail Individual Investors (RII)	Up to ₹2 Lakhs	Allowed
Small Non-Institutional Investors (sNII)	Above ₹2 Lakhs to ₹10 Lakhs	Not Allowed
Big Non-Institutional Investors (bNII)	More than ₹10 Lakhs up to the NII reserved portion	Not Allowed
Employees	Up to ₹5 Lakhs	Allowed
Employee + RII/NII	Employee quota: Up to ₹5 Lakhs. RII: Up to ₹2 Lakhs NII: sNII between ₹2–10 Lakhs bNII above ₹10 Lakhs.	Allowed for Employee and RII/NII

Anchor Investor

Particulars	Description
Offer period	Not Disclosed
Terms of Payment	The full bid amount can be paid whenever submitting the bid.

You can bid for any IPO by just making a demat account on the best broker website.

Key Financials

Particulars	Fiscal 2025	Fiscal 2024	Fiscal 2023
Equity Share Capital (₹ in million)	224.10	33.80	33.80
Net Worth (₹ in million)	3,376.59	1,206.73	202.73
Total Income (₹ in million)	21,924.65	10,971.81	6,176.27
Revenue from Operations (₹ in million)	21,583.94	10,879.65	6,085.88
Profit (₹ in million)	2,139.30	1,004.72	47.45
• Basic EPS (₹)	19.09	8.96	0.42
• Diluted EPS (₹)	19.07	8.96	0.42
NAV (Basic) (₹)	30.14	10.77	1.81
NAV (Diluted) (₹)	30.11	10.77	1.81
Borrowings (₹ in million)	4,580.96	2,634.20	1,444.92

Strengths and risks

Let’s find out some of the Saatvik Green Energy benefits and risks.

Strengths

Big Jump in Capacity: Saatvik Green Energy turnover quickly scaled up with a significant growth.
Better Margins: Profits have improved a lot, with operating margins rising.
Strong Order Book: With orders worth crores already in hand, future revenue looks very secure.
Policy Tailwinds: Government support like PLI schemes and import duties is giving Indian solar makers like Saatvik a real edge.

Risks

Big Expansion Risk: Their massive new projects, including the Odisha plant, could face delays or cost overruns.
Raw Material Price Swings: Costs of key inputs like cells, polysilicon, and glass can fluctuate.
Tough Competition: Both Indian and foreign solar manufacturers are crowding the market.
Technology Dependence: Most revenue still comes from Mono PERC modules. So, if demand shifts to newer tech, they’ll need to adjust quickly.

Is Saatvik Green Energy IPO Worth the Rush?

The Saatvik Green Energy IPO GMP is not available as of 16 September 2025. However, you can see the company details. You may also track GMP here and view the live subscription status before investing.

See the live subscription status if you will be investing in the Saatvik Green Energy Ltd IPO. Apply Today.

FAQs

1. How is the Saatvik Green Energy IPO review?

Saatvik Green Energy is seen as a module manufacturer. With this IPO, it will expand the capital. For the latest sentiment, you can look for the GMP updates.

2. What is the Saatvik Green Energy IPO date?

The IPO open date is 19 September 2025 and the close date is 23 September 2025. Live subscription details can be monitored through your broker or tracking platforms, showing live subscription data in real time.

3. What is the Saatvik Green Energy Unlisted Share Price?

The Saatvik Green Energy share price target 2025 will be ₹442 to ₹465 as of 16 September 2025. Also, don't forget to check the Saatvik Green Energy IPO size.

4. Should I use a demat account to bid for the Saatvik Green Energy IPO?

Yes, a demat account is required to bid for the Saatvik Green Energy IPO. Click here to get the ultimate list of the top demat account providers.