Saatvik Green Energy IPO Allotment Status: Saatvik Green Energy company has announced the allotment status of its Rs 900 crore worth initial public offering (IPO) on September 24, 2025. The latest grey market premium hints at merely 2% premium listing on BSE and NSE. Saatvik IPO will compete against listed companies like Waaree Energies and Premier Energies.
Saatvik Green Energy IPO Allotment Status:
Investors can check their application status online on BSE, NSE, and registrar of the IPO, Kfin Technologies. Here are the direct links for easy access.
Saatvik Green Energy IPO Allotment Status On Kfin Technologies:
Step 1: Visit the IPO allotment status page on KFIN Technologies: Direct Link Below
Saatvik Green Energy IPO last GMP is Rs7.5, last updated Sep 24th 2025 09:34 PM. With the price band of 465.00, Saatvik Green Energy IPO's estimated listing price is Rs 472.5 (cap price + September 24th GMP).The expected percentage gain/loss per share is 1.61%, as per Investor Grain.
Saatvik Green Energy IPO Credit Of Shares:
After the allotment, Saatvik will credit equity shares to eligible shareholders demat account on September 25. The shareholders who did not made the cut, will get their refund in their bank account by end of Thursday.
Saatvik Green Energy IPO Listing Date:
The tentative listing date is likely on September 26, 2025. The IPO issue price will be Rs 465 per share.
The IPO opened on September 19th to September 23rd for investors to subscribe, at a price band of Rs 442 per share to Rs 465 per share. On the final day, the IPO subscribed by 6.57x.
According to Geojit's note, SGEL is one of India's leading solar PV module manufacturers with a capacity of 3.80 GW as of June 30, 2025. The company has built an integrated presence with module manufacturing, catering to utility-scale, commercial & industrial, and residential projects. With 3 advanced facilities in Ambala, operating at a high 83.7% utilization, a strong domestic order book of 4.01GW, SGEL is strategically positioned to capture the opportunities in India's fast-growing renewable energy sector.
Looking ahead, Geojit's note pointed out India's solar capacity is set to expand rapidly, supported by rising power demand (CAGR of 5-7% between FY26-30) and favorable government initiatives driving clean energy adoption. Alongside its robust module manufacturing base, SGEL is scaling up EPC services, exports through its U.S. subsidiary, and forward integration into cells, wafers, and ingots, reinforcing its competitive positioning.
About Saatvik Green Energy Limited:
SGEL is the solar photovoltaic ("PV") module manufacturer, with 3.80 gigawatt ("GW") operational capacity as of March 31, 2025. Having supplied over 2.50 GW of high-efficiency modules across domestic and international markets, it is recognized for its integrated module manufacturing, EPC, and O&M services. With a comprehensive product portfolio comprising Mono PERC and N-TopCon modules in monofacial and bifacial variants, SGEL caters to residential, commercial, and utility-scale projects.
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