Saatvik Green Energy IPO Allotment Status: Check Latest GMP, Steps to Verify Status
The basis of allotment for the ₹900 crores Saatvik Green Energy IPO will be announced today, 24 September 2025. The bidding window was open from September 19, 2025, to September 23, 2025, during which the IPO received a total subscription of 6.57 times the offer size.
Procedure to Check Saatvik Green Energy IPO Allotment Status Online On NSE
- Visit the NSE’s IPO allotment verification status page here.
- Select “Equity & SME IPO bid details”.
- In Select Symbol, select “SAATVIK”.
- Enter your PAN No. and application No.
- Click “Submit”.
Procedure to Check Saatvik Green Energy IPO Allotment Status Online On BSE
- Click here to visit the application status page.
- In Issue Type, “Equity”.
- In Issue Name, select “Saatvik Green Energy LIMITED”.
- Enter your “Application No.” or “PAN No.”
- Click on “I am not a robot”.
- Click “Submit”.
Procedure to Check Saatvik Green Energy IPO Allotment Status on Kfin Technologies Limited (Registrar to the Issue):
- Visit the Kfin Technologies IPO allotment status page here.
- Click on any of the links.
- In Select IPO, select “Saatvik Green Energy LIMITED”.
- Enter any of the following details.
- PAN
- App. No.
- Demat Account
- Enter the captcha and click “Submit”.
Saatvik Green Energy IPO Details
Saatvik Green Energy's IPO is a book-building issue of ₹900 crores, comprising a fresh issue of ₹700 crores and an offer for sale of ₹200 crores. The price band is set between ₹442 and ₹465 per share.
The booking-running lead managers for the IPO are DAM Capital Advisors Limited, Ambit Private Limited, and Motilal Oswal Investment Advisors Limited, while KFin Technologies Limited serves as the registrar to the issue.
Saatvik Green Energy IPO Overall Subscription Status
[23 September, 2025, End of the day]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers (QIBs) |
5.29x |
|
Non-Institutional Investors (NIIs) |
10.04x |
|
Retail Individual Investors (RIIs) |
2.86x |
|
Employees |
5.29x |
|
Total |
6.57x |
Use of Proceeds
The net proceeds from the fresh issue will be used towards the following objectives:
- Invest in Saatvik Solar Industries Private Limited, the company’s wholly owned subsidiary, to
- Repay/prepay debt and
- Set up a 4 GW solar PV module manufacturing facility at National Highway, Gopalpur, Ganjam.
- Repay/prepay the company’s outstanding borrowings.
- General corporate purposes
Saatvik Green Energy IPO GMP Details
As of 24 September 2025, Saatvik Green Energy IPO’s GMP stood at ₹13. The estimated listing price is ₹478, i.e., a 2.80% gain per share over the upper price band.
Source: Business Standard Report dated 24 September 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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