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IPO Synopsis

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IPO

Saatvik Green Energy Ltd
Initial public offering of up to 19,354,838 equity shares of face value of Rs. 2/- each ("Equity Shares") of Saatvik Green Energy Limited (the "Company" or the "Issuer") for cash at a price of Rs. 465 per equity share (including a share premium of Rs.463 per equity share) ("Offer Price") aggregating up to Rs. 900.00 crores (the "Offer") comprising a fresh issue of up to 15,053,763 equity shares of face value of Rs. 2/- each aggregating up to Rs. 700.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 43,01,075 equity shares of face value of Rs. 2/- each aggregating up to Rs. 200.00 crores comprising of offer for sale of up to [*] equity shares aggregating up to Rs. 112.00 crores by Parmod Kumar and up to 24,08,602 equity shares aggregating up to Rs. 88.00 crores by Sunila Garg ("Selling Shareholders") (the "Offer for Sale"). The offer includes a reservation of up to 18,92,473 equity shares aggregating up to Rs. 200.00 crores (Constituting up to [*] % of the post-offer paid-up Equity Share Capital), for subscription by eligible employee(s) (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), may offer a discount of up to Rs. [*] to the offer price to eligible employee(s) bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals, as may be required. The offer less the employee reservation portion is hereinafter referred to as "Net Offer". The offer and net offer shall constitute [*] % and [*] %, respectively, of the post-offer paid-up equity share capital of the company. The offer price is [*] times the face value of the equity shares. A discount of Rs. 44 per equity share is being offered to eligible employees bidding in the employee reservation portion
Issue
Opens On Closes On
19-Sep-25 23-Sep-25
Money Payable On
Application Allotment
465.00 0.00
Minimum Application for shares in Nos : 32 Further Multiples of : 32
Cr Lead Managers to the Issue
Project Cost (.Cr) 0.00 Ambit Pvt Ltd
Project Financed through Current Offer (.Cr) 900.00  
Post Issue Equity Share Capital (.Cr) 25.42
Issue Price () 465.00
Projects
Prepayment or scheduled re-payment in full or in part of all or a portion of certain outstanding borrowings availed by the company
Investment in its 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
Investment in its wholly owned subsidiary Saatvik Solar Industries Pvt Ltd for setting up of 4 GW solar PV mould MFG facility at NH-16 Chamakhandi Gopalpur Ind.Park
General corporate purposes
Promoted By
Neelesh Garg
Manik Garg
Manavika Garg
Listing At
BSE
NSE
Registrar to the Issue
No Data Available