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Saatvik Green Energy Ltd

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 [*] 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. [*] per equity share (including a share premium of Rs.[*] per equity share) ("Offer Price") aggregating up to Rs. 900.00 crores (the "Offer") comprising a fresh issue of up to [*] 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 [*] 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 [*] 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 [*] 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. Price Band: Rs. 442/- to Rs. 465/- for equity share of face value of Rs. 2 each. The floor price is 221 times times the face value and cap price is 232.5 times of the face value of the equity shares. Bids can made for a minimum of 32 equity shares and in multiples of 32 equity shares thereafter. A discount of Rs. 44 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-25 442.00-465.00 0.00-0.00
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 442.00  

Project

  • 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