Sai Urja Indo Ventures logo

Sai Urja Indo Ventures IPO: GMP, subscription and allotment status

SMEMaashitla SecuritiesOpens23 Sept

0grey-market premium

GMP
0
0.0%as of 17 Sept, 16:00 IST
Est. listing
113
0.0% on issue price
Price band
113
Lot
1,200 shares
Min. 1,35,600

Allotment

Expected 28 Sept.

Check on Maashitla Securities

Dates

2325 Sept · allot 28 · list 30

Refunds and shares in your demat account on 29 Sept.

Issue details

Segment
SME
Face value
₹10
Issue type
Book Building Issue
Fresh issue
₹20.67 Crores
Offer for sale
3,79,200 Equity Shares
Listing at
BSE SME
Registrar
Maashitla Securities
NSE symbol

GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from

What you can apply for

Retail Minimum
2 lots, 2,400 shares
2,71,200
Retail Maximum
2 lots, 2,400 shares
2,71,200
S-HNI Minimum
3 lots, 3,600 shares
4,06,800
S-HNI Maximum
7 lots, 8,400 shares
9,49,200
B-HNI Minimum
8 lots, 9,600 shares
10,84,800

A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.

Where the money goes

Funding the working capital requirements of the Company
8.00 Cr
Repayment/prepayment, in full or part, of certain loans availed by the Company
6.60 Cr
General Corporate Purposes

What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.

Company numbers

Revenue, ₹ crore

₹85.64 Cr+30.1% on 2025

Profit, ₹ crore

₹4.19 Cr+33.9% on 2025

Assets, ₹ crore

₹24.25 Cr+14.9% on 2025

2026
Revenue 85.64
Profit 4.19
2025
Revenue 65.82
Profit 3.13
2024
Revenue 45.88
Profit 1.39

In ₹ crore, for the years the offer document reports.

ROE
42.44%
ROCE
50.66%
EBITDA Margin
7.65%
PAT Margin
4.98%
Debt to equity ratio
0.59
Earning Per Share (EPS)
₹7.29 (Basic)
Return on Net Worth (RoNW)
42.44%
Net Asset Value (NAV)
₹20.99

Listed peers

Lakshya Powertech Limited
P/E 11.27
EPS 9.94

Price to earnings, earnings per share and return on net worth, as the offer document reports them.

Who the issue is reserved for

QIB
50%
NII
15%
Retail
35%

Share of the issue set aside for each kind of investor.

Promoters and bankers

Promoters
Harsh Ajaykumar Mittal and Santosh Ajay Kumar Mittal
Promoter holding
92.87% before the IPO, 65.67% after
Lead managers
Shannon Advisors Pvt.Ltd.

Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.

More SME IPOs

Frequently asked questions

What is the GMP of Sai Urja Indo Ventures IPO today?
The grey-market premium is ₹0, which points to a listing around ₹113 (0.0% on the issue price), as of 16:00 IST on 17 September 2026. GMP is unofficial and doesn't guarantee a listing price.
When does Sai Urja Indo Ventures IPO open and close?
Bidding runs from 23 September 2026 to 25 September 2026.
What is the Sai Urja Indo Ventures IPO allotment date?
Allotment is expected on 28 September 2026.
When will Sai Urja Indo Ventures IPO list?
Listing is expected on 30 September 2026.
What is the lot size and minimum investment for Sai Urja Indo Ventures IPO?
One lot is 1,200 shares, so the minimum investment at the upper price of ₹113 is ₹1,35,600.
How do I check Sai Urja Indo Ventures IPO allotment status?
Maashitla Securities is the registrar. Once allotment is out, check it by PAN on the Maashitla Securities website.