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Saatvik Green Energy IPO

Open 19th Sep 2025 · Close 23rd Sep 2025 · Listing 26th Sep 2025

Price Band₹442.00–₹465.00
Live GMP₹10.00
Subscription6.93×
Issue Size₹900.20 Cr
Allotment24th Sep 2025

IPO Objectives

Saatvik Green Energy IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings availed by the Company₹10.82 Cr
2Investment in the wholly owned Subsidiary, Saatvik Solar Industries Pvt.Ltd., in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings availed by such Subsidiary₹166.44 Cr
3Investment in the wholly owned Subsidiary, Saatvik Solar Industries Pvt.Ltd., for setting up of a 4 GW solar PV module manufacturing facility at National Highway-16, Chamakhandi, Gopalpur Industrial Park, Gopalpur, Ganjam-761 020, Odisha. (Project Site)₹477.23 Cr
4General Corporate Purposes₹3.04 Cr
5Issue Expenses₹54.70 Cr
6Total₹712.22 Cr