IPO IPO-Synopsis
Saatvik Green Energy Ltd

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Registered Office: Vill Dubli V.P.O. Bihta Tehsil, , Ambala - 133101 , Haryana , India.
Phone : 0124-3626 755   Fax:
Email :  investors@saatvikgroup.com  
Website :  https://saatvikgroup.com/
Initial public offering of up to 19,354,838 equity shares of face value of Rs2/- each ("Equity Shares") of Saatvik Green Energy Limited (the "Company" or the "Issuer") for cash at a price of Rs465 per equity share (including a share premium of Rs463 per equity share) ("Offer Price") aggregating up to Rs900.00 crores (the "Offer") comprising a fresh issue of up to 15,053,763 equity shares of face value of Rs2/- each aggregating up to Rs700.00 crores by the company (the "Fresh Issue") and an offer for sale of up to 43,01,075 equity shares of face value of Rs2/- each aggregating up to Rs200.00 crores comprising of offer for sale of up to [*] equity shares aggregating up to Rs112.00 crores by Parmod Kumar and up to 24,08,602 equity shares aggregating up to Rs88.00 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 Rs200.00 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 Rs44 per equity share is being offered to eligible employees bidding in the employee reservation portion

Issue Money Payable On
Opens On Closes On Application Allotment
19-Sep-25 23-Sep-25 Rs465.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :32  Further Multiples of :32

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Ambit Pvt Ltd
Project Financed through Current Offer 900.00  
Post Issue Equity Share Capital 25.42  
Issue Price Rs465.00  
Projects
Prepayment or scheduled re-payment in full or in part of all or a portion of certain outstanding borrowings availed by the companyInvestment 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
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 subsidiaryGeneral corporate purposes
Promoted By
Neelesh Garg
Manik Garg
Manavika Garg
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd