Saatvik Green Energy Ltd Logo

Saatvik Green Energy Ltd IPO

BSELot: 32

LISTEDMAINBOARD
Issue Price465
Listing560
Current431
Price Band
442 - ₹465
Lot Size
32
Issue Size
₹900.2 Cr
GMP
0
Subscription
0.62x

IPO Schedule

1
Open
19 Sept
2
Close
23 Sept
3
Allotment
24 Sept
4
Listing
26 Sept

About Saatvik Green Energy Ltd

Saatvik Green Energy Ltd is a prominent manufacturer of solar panels, focusing on high-efficiency modules for residential, commercial, and utility-scale applications. They aim to expand their production capacity and strengthen their market position in the growing renewable energy sector.

Subscription Status

QIB
0.01x
NII
0.70x
Retail
0.93x
CategoryDay 3Day 2Day 1
QIB11.41x0.01x0.01x
NII10.57x1.45x0.70x
Retail2.81x1.65x0.93x
Total6.93x1.15x0.62x

Risk Factors

Raw Material Price Fluctuations: The cost of raw materials like silicon and other components can significantly impact profitability.
Competition: Faces intense competition from both domestic and international solar panel manufacturers.
Regulatory Changes: Changes in government policies and incentives related to renewable energy can affect demand and profitability.