Saatvik Green Energy IPO Review: Price, Date & GMP

Saatvik Green Energy IPO Overview

The renewable energy sector is witnessing strong investor interest, and Saatvik Green Energy Limited is the latest to hit the capital markets. With a growing focus on solar energy manufacturing and EPC services, the company has built a strong base in India’s green energy ecosystem.

The Saatvik Green Energy IPO is a book-built issue of ₹900 crore, comprising both a fresh issue and an offer for sale.

• Fresh Issue: 1.51 crore shares aggregating to ₹700 crore

• Offer for Sale (OFS): 0.43 crore shares aggregating to ₹200 crore

The IPO opens for subscription on September 19, 2025, and closes on September 23, 2025. The tentative listing date is September 26, 2025, on both BSE and NSE.

Saatvik Green Energy IPO Price Band

The IPO price band has been set between ₹442 and ₹465 per share, with a face value of ₹2 per share.

• Lot Size: 32 shares

• Minimum Investment (Retail): ₹14,880 (1 lot at upper band)

• Retail Maximum: 13 lots (416 shares worth ₹1,93,440)

• sNII Minimum: 14 lots (448 shares worth ₹2,08,320)

• bNII Minimum: 68 lots (2,176 shares worth ₹10,11,840)

The price and lot size structure make the IPO accessible for retail investors while ensuring large-ticket participation from HNIs.

About Saatvik Green Energy Limited

Saatvik Green Energy Limited, incorporated in 2015, is engaged in solar module manufacturing and EPC services. Over the years, it has positioned itself as a key player in India’s renewable energy landscape.

Key Business Highlights:

• Offers Mono PERC and N-TopCon solar modules in mono-facial and bifacial options.

• Products cater to residential, commercial, and utility-scale solar projects.

• Two large module manufacturing facilities in Ambala, Haryana, spread across 724,225 sq. ft.

• Manufacturing capacity has grown from 125 MW in 2017 to 3.80 GW in 2025.

• Strong workforce of 618 employees as of June 2025.

Competitive Strengths:

• Large order book with quality customer base.

• Among India’s leading module manufacturing companies.

• Integrated solar solutions for independent power producers.

• Focus on innovative solar technologies to reduce energy loss.

• Positioned to leverage favorable renewable energy policies.

Saatvik Green Energy IPO Review: Should You Invest?

The Saatvik Green Energy IPO review suggests a fundamentally strong company with:

Rapid revenue growth, Strong return ratios, Expanding capacity, and Competitive positioning in India’s solar manufacturing sector.

On the flip side, the IPO is priced aggressively, and the company carries a high debt-to-equity ratio.

• For long-term investors: Saatvik Green Energy offers exposure to India’s solar sector and could deliver strong returns as renewable adoption scales up.

• For short-term investors: Listing gains are possible if GMP and subscription demand remain strong.

FAQs on Saatvik Green Energy IPO

1. What is the Saatvik Green Energy IPO price band?

The price band is ₹442 to ₹465 per share.

2. What is the Saatvik Green Energy IPO date?

The IPO opens on September 19, 2025, and closes on September 23, 2025.

3. What is the lot size of Saatvik Green Energy IPO?

The lot size is 32 shares, requiring a minimum retail investment of ₹14,880.

4. When will the allotment for Saatvik Green Energy IPO take place?

The allotment date is scheduled for September 24, 2025.

5. On which exchanges will the IPO list?

The IPO will list on both BSE and NSE on September 26, 2025.

6. What is the Saatvik Green Energy IPO GMP today?

The GMP changes daily based on demand; investors should check reliable IPO GMP trackers for the latest updates.

7. Should I apply for the Saatvik Green Energy IPO?

If you believe in the long-term potential of India’s solar energy sector and can tolerate short-term valuation risks, this IPO may be a good investment.