As the world moves towards clean and renewable sources of energy, companies that combine innovation with responsibility are shaping the future. Saatvik Green Energy Ltd. is one of India’s fastest-growing solar energy companies, dedicated to delivering sustainable power solutions that fuel progress while preserving the planet.
Company Overview
Founded with the vision to revolutionize India’s renewable energy sector, Saatvik Green Energy Ltd. specializes in the manufacturing of high-efficiency solar PV modules and solar solutions. With state-of-the-art manufacturing facilities and advanced technology, the company provides reliable solar products that meet global standards.
Its product and service portfolio includes:
- Solar PV Modules – High-efficiency panels designed for residential, commercial, and industrial use.
- Customized Solar Solutions – Tailored projects for rooftops, ground-mounted systems, and utilities.
- Sustainable Energy Projects – Supporting India’s renewable energy mission with scalable solar power installations.
- After-Sales Support & Services – Ensuring long-term reliability and customer satisfaction.
Vision & Mission
- Vision: To be a global leader in renewable energy solutions by driving innovation and sustainability.
- Mission: To provide high-quality, affordable, and eco-friendly solar products and services, empowering communities and businesses to embrace green energy.
Core Values
- Sustainability – Building a cleaner, greener planet through renewable solutions.
- Innovation – Leveraging advanced technologies to enhance efficiency and performance.
- Quality Excellence – Adhering to international standards for every product and service.
- Customer Focus – Delivering reliable and cost-effective energy solutions.
- Integrity – Operating with transparency, trust, and responsibility.
Achievements
- Established a modern solar manufacturing facility with world-class production capacity.
- Recognized for contributing to India’s renewable energy targets under government initiatives.
- Trusted by industries, corporates, and households for high-performance solar solutions.
- Expanded presence across domestic and international markets, reinforcing India’s position in the global solar value chain.
Looking Ahead
As India and the world accelerate the shift towards renewable energy, Saatvik Green Energy Ltd. is committed to being at the forefront of this transition. With a strong focus on innovation, sustainability, and affordability, the company aims to expand its global footprint and continue powering a future where clean energy is accessible to all.
Saatvik Green Energy Ltd. IPO Timetable
Particular | Date |
IPO Open Date | 19 Sep 2025 |
IPO Close Date | 23 Sep 2025 |
Allotment Date | 24 Sep 2025 |
IPO Listing Date | 26 Sep 2025 |
Saatvik Green Energy Ltd. IPO Details
Issue Type | Bookbuilding IPO |
Face Value | Rs. 2 Per Equity Share |
IPO Price | Rs. 442 to 465 Per Equity Share |
Market Lot | 32 Share |
ISIN Code | |
Listing At | NSE, BSE |
Issue Size | Approx. Rs. 900 Crore. |
Saatvik Green Energy Ltd. IPO Lot Size
Application | Lots | Shares | Amount |
Minimum | 1 | 32 | Rs. 14880 |
Maximum | 13 | 416 | Rs. 193440 |
Small HNI (Minimum) | 14 | 448 | Rs. 208320 |
Big HNI (Minimum) | 67 | 2176 | Rs. 1011840 |
Saatvik Green Energy Ltd. IPO Allotment Status
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Company Financials :
Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
Total Assets | 1635.74 | 688.04 | 263 |
Total Revenue | 2192.47 | 1097.18 | 617.63 |
Profit After Tax | 213.93 | 100.47 | 4.75 |
Company Promoters:
Neelesh Garg, Manik Garg, Manavika Garg and SPG Trust are the company promoters.
Objects of this Issue:
- Prepayment in full or in part, of certain outstanding borrowings availed by the Company
- Investment in the wholly owned Subsidiary, Saatvik Solar Industries Private Limited, 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 the wholly owned Subsidiary, Saatvik Solar Industries Private Limited, for setting up of a 4 GW solar PV module manufacturing facility at National Highway – 16, Chamakhandi, Gopalpur Industrial Park, Gopalpur, Ganjam – 761 020, Odisha. (“Project Site”).
- General corporate purposes.
Registrar & Company Details
Company Contact Information | IPO Registrar |
Saatvik Green Energy Ltd. Vill. Dubli, V.P.O Bihta Tehsil, , Ambala, Haryana, 133101 Phone: 0124-3626755 Email: investors@saatvikgroup.com Website: https://saatvikgroup.com/ | Kfin Technologies Ltd. Phone: 04067162222, 04079611000 Email: saatvik.ipo@kfintech.com Website: https://ipostatus.kfintech.com/ |