Price Band
₹442 - ₹465
Lot Size
32
Issue Size
₹900.2 Cr
GMP
N/A
Subscription
6.93x
Analyzing...
IPO Schedule
1
Open
19 Sept 2025
2
Close
23 Sept 2025
3
Allotment
24 Sept 2025
4
Listing
26 Sept 2025
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.
Key Strengths
- Strong Financial Performance: Demonstrated by a high ROE of 63.41%, indicating efficient utilization of shareholder equity.
- Growing Market: Benefits from the increasing demand for solar energy solutions driven by government initiatives and environmental awareness.
- Established Manufacturing Capabilities: Possesses established infrastructure for producing solar panels, enabling scalability and efficiency.
- Competitive P/E Ratio: A P/E ratio of 24.35 suggests a potentially reasonable valuation compared to industry peers.
- Focus on High-Efficiency Modules: Specialization in high-efficiency modules can attract customers seeking optimal energy generation.
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.
Valuation Analysis
The IPO appears reasonably priced considering the company's high ROE and the growth potential in the solar energy sector, but investors should carefully consider the risks associated with raw material prices and competition.
IPO Details
ExchangeBSE
SegmentMAINBOARD
ISININE13B501022
NSE SymbolSAATVIKGL
Face Value₹2
Lot Size32
Issue Size₹900.2 Cr
Key Metrics
ROE21.5
ROCE25.3
P/E Ratio29.5
Industry P/E20
EPS19.09
PAT Margin9.76%
Debt/Equity0.3
Growth & Quality
Revenue Growth (YoY)15.3%
ProfitableYes ✓
Anchor Investors4
Subscription
Total0.62x
Imbalance Ratio6.8x
Documents
Key Dates
Open Date19 Sept 2025
Close Date23 Sept 2025
Allotment24 Sept 2025
Listing26 Sept 2025