{"id":7331,"date":"2025-09-17T16:14:20","date_gmt":"2025-09-17T10:44:20","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=7331"},"modified":"2025-09-17T16:14:20","modified_gmt":"2025-09-17T10:44:20","slug":"details-of-saatvik-green-energy-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/details-of-saatvik-green-energy-ipo\/","title":{"rendered":"Details of Saatvik Green Energy Limited IPO : Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n

Saatvik Green Energy<\/strong><\/strong> IPO Price: <\/strong>\u20b9442 to \u20b9465 per share
IPO Dates:<\/strong> 19th September 2025 – 23rd September 2025<\/p>\n\n\n\n

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\"Saatvik<\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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Company Overview<\/strong><\/h2>\n\n\n\n

Incorporated in May 2015 as Saatvik Green Energy Private Limited in Chandigarh, the company was later converted into a public limited company in September 2024 under the name Saatvik Green Energy Limited. It is among India\u2019s leading solar photovoltaic (PV) module manufacturers, with an operational capacity of about 3.80 GW as of June 30, 2025. Over the years, it has positioned itself as one of the fastest-growing solar module producers in the country.<\/p>\n\n\n\n

The company commenced manufacturing operations in 2016 with an initial installed capacity of 125 MW, which has since grown nearly thirty-fold. Saatvik manufactures high-efficiency solar PV modules and also provides engineering, procurement and construction (EPC) services along with operations and maintenance (O&M) for solar projects.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Manufacturing Facilities<\/strong><\/h2>\n\n\n\n

Saatvik Green Energy operates three large-scale module manufacturing facilities in Ambala, Haryana, spread across a total land area of 724,225 square feet. Collectively, these Ambala facilities form one of the largest single-location module manufacturing hubs in India.<\/p>\n\n\n\n

As of FY 2025, the company achieved a high-capacity utilization rate of 83.70%. Expansion is already underway to add an additional 1 GW of capacity at Ambala, which is expected to be operational in Q2 FY 2026, raising its cumulative capacity there to 4.80 GW.<\/p>\n\n\n\n

Further, the company is establishing an integrated cell and module facility in Odisha, with a 4.80 GW cell line targeted for FY 2027 and a 4.00 GW module line scheduled for FY 2026. In addition, it plans to develop a facility for ingot, cell, and wafer production in Mohasa\u2013Babai, Madhya Pradesh, strengthening its backward integration.<\/p>\n\n\n\n

Products and Technology<\/strong><\/h2>\n\n\n\n

Saatvik\u2019s product portfolio includes:<\/p>\n\n\n\n