We are a solar photovoltaic module manufacturer with an operational capacity of about 3.80 GW as of June 30, 2025. Our solar energy products include Mono PERC modules and N-TopCon solar modules, each offered in mono-facial and bifacial options, suitable for various applications and sectors, ... Read more

Parent organisation

Founded

Saatvik Green Energy Ltd.

2015

Saatvik Green Energy Ltd. IPO Reservation

Investors Category	Shares Offered
Anchor Investors	57,93,548 (29.93%)
Employee Reserved	47,505 (0.25%)
Non Institutional Investors	28,96,774 (14.96%)
Qualified Institutional Buyers (QIBs)	38,62,366 (19.95%)
Retail Individual Investors (RIIs)	67,59,140 (34.91%)

Saatvik Green Energy Ltd. Financial Information

Year End	Revenue	PAT	Reserves & Surplus
31 Mar 2024	1,100.06 Cr	100.28 Cr	117.18 Cr
31 Mar 2023	617.63 Cr	4.76 Cr	16.91 Cr
31 Mar 2022	504.82 Cr	8.21 Cr	22.60 Cr

Saatvik Green Energy Ltd. Background

Major Events And Milestones

2022

Launched EPC services
Launched Mono Perc technology i.e., Crystalline Silicon Terrestrial Photovoltaic (PV) Modules (Si water based)
Bagged order from a public sector undertaking for supply of modules in 100 MW NTPC Ramagundam project.
Bagged order from a public sector undertaking for supply of modules in 100 MW, Crystalline SPV Module - Raghanseda order
2023

Expanded operations to the North American market
Engaged a cricket celebrity for advertisement of solar energy products.
Awarded 70.2 MWp solar PV modules for solar power project in the state of Punjab by SJVN Green Energy Limited
2024

Launched TOPCon technology i.e., Crystalline Silicon Terrestrial Photovoltaic (PV) Modules
Bagged CC+ rating in PV Module Tech Banakability Ratings Quarterly by PV Tech Research
Received provisional ALMM enlistment of additional solar PV module models of our Company
Bagged order from a public sector undertaking for supply of modules in 750 MW in the state of Maharashtra
Entered into a module supply contract with JSW Neo Energy Limited for supply of modules
2025

Allotment of 50.24 acres approximately of land at manufacturing zone for power and renewable energy equipment, Mohasa – Babai, Narmadapuram, Madhya Pradesh.
Awarded supply of 600Mw from Megha Engineering and Infrastructure Limited
Engaged Kartik Aaryan, a popular actor in India, as our brand ambassador
Expansion of new plant of 2GW capacity which commenced production.
Secured ‘B’ category rating for the Q1 2025 by Informa
Received approval for inclusion of models ‘Crystalline Silicon Terrestrial Photovoltaic (PV) Modules (Si wafer based)” from Bureau of Indian Standards.

Saatvik Green Energy Ltd. IPO Listing Details

Listing Date

26 Sep 2025

BSE Script Code

SAATVIKGRN

ISIN

INE13B501022

Final Issue Price

₹ 465

Saatvik Green Energy Ltd. Listing Day Trading Information

Pricing Details	BSE	NSE
Issue Price	₹ 465.00	₹ 465.00
Open	₹ 460.00	₹ 465.00
Low	₹ 427.10	₹ 427.30
High	₹ 464.35	₹ 465.00
Last Trade	₹ 439.70	₹ 440.70

Saatvik Green Energy Ltd. Company Promoters

1. Neelesh Garg
2. Manik Garg
3. Manavika Garg
4. SPG Trust

Industry Overview

Renewable energy installations (including large hydro) have increased to approximately 233 GW as of June 2025 as compared to approximately 123 GW as of March 2019, with solar power accounting for approximately 116 GW as of June 2025. In Fiscal 2025, approximately 24 GW of solar capacity additions ... Read more

Saatvik Green Energy Ltd. Contact Details

Address: Vill. Dubli, V.P.O, Bihta Tehsil, Ambala Haryana - 133101
Phone no:3626755

Email: [email protected]

3626755

Visit Website

Saatvik Green Energy Ltd. IPO Registrar

KFin Technologies Ltd.

Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032

67162222

Saatvik Green Energy Ltd. IPO Lead Manager(s)

DAM Capital Advisors Ltd.

Altimus 2202, Level 22, Pandurang Budhkar Marg, Worli, Mumbai Maharashtra - 400018

42022500

FAQs

When does Saatvik Green Energy Ltd. IPO opens and closes?

Saatvik Green Energy Ltd. IPO opens from 19th September to 23rd September 2025.

What is the size of Saatvik Green Energy Ltd. IPO?

The size of the Saatvik Green Energy Ltd. IPO is ₹900.21 Cr.

What is the price range of Saatvik Green Energy Ltd. IPO?

The price range of Saatvik Green Energy Ltd. IPO is at ₹442 to ₹465 per share.

What is the minimum investment and lot size required for the Saatvik Green Energy Ltd. IPO?

The minimum investment required is ₹14,880 and minimum lot size is 32 shares.

When is Saatvik Green Energy Ltd. IPO listing date?

The Saatvik Green Energy Ltd. IPO will be listed on 26th September 2025.

Who are the book runners for Saatvik Green Energy Ltd. IPO?

DAM Capital Advisors Ltd. is the book-running lead manager for Saatvik Green Energy Ltd. IPO.

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