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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Sai Urja Indo Ventures Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹113
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,35,600
Issue Size
₹24.95 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.66%
QIB Quota
49.16%
NII Quota
15.18%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
92.87%
Promoter Holding (Post-Issue)
65.67%
Issue Type
Book Building - SME
ISIN
INE1LLG01019
We are an ISO 9001:2015 and ISO 45001:2018 certified company offering Operation and Maintenance (O&M) and other support services in industrial plants, primarily in power generation industry and other industries like iron & steel and agrochemicals. Our work includes managing electrical, mechanical, and instrumentation systems, operating coal handling and merry-go-round systems in power plants, as well as ensuring plant cleanliness and safety through industrial housekeeping, equipment overhauls, and manpower supply.
Power Sector in India contributes approximately 2.5% to 3% to India's GDP. It serves as a backbone for industrial and economic activity and plays an important role in employment generation, directly through generation, transmission and distribution and indirectly via construction, equipment manufacturing and renewable energy ventures. In India it grew at a CAGR of 5.38% to 1734.38 billion kWh in FY 2024 in the last 10 years. In FY2025, India's electricity generation reached a record 1,824.21 billion kWh, marking a 5.18% rise over FY2024.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of up to 22,08,000 equity shares of Rs. 10/- each ("Equity Shares") of Sai Urja Indo Ventures Limited ("Sai Urja" or the "Company" or the "Issuer") for cash at an offer price of Rs. 113 per equity share (the "Offer Price"), aggregating up to Rs. 24.95 Crores ("The Offer"), comprising of a fresh issue of up to 18,28,800 equity shares of face value of Rs. 10/- each aggregating to Rs. 20.67 Crores by the company ("Fresh Issue") and an offer for sale of up to 3,79,200 equity shares of face value of Rs. 10/- each by Santosh Ajay Kumar Mittal and Harsh Ajaykumar Mittal ("the Promoter Selling Shareholders") aggregating to Rs. 4.28 Crores ("Offer For Sale"). Out of the offer up to 2,16,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 113 per equity share for cash, aggregating to Rs. 2.44 Crores will be reserved for subscription by the market maker to the offer ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 19,92,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 113 per equity share for cash, aggregating to Rs. 22.51 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28.91% and 26.08%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 113/- per equity share of face value of Rs. 10/- each. The floor price is Rs.113/- 11.3 times of the face value of the equity shares. Application shall be made for a minimum of 2 Lakhs and of 2 lots and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was incorporated as "Sai Urja Indo Ventures Private Limited" under the provisions of the Companies Act, 1956, pursuant to Certificate of Incorporation dated May 17, 2012 issued by the Registrar of Companies, Maharashtra, Mumbai. Upon the conversion of our Company into a public limited company, pursuant to a resolution passed by our Board on January 13, 2025 and by our Shareholders on January 14, 2025, the name of our Company was changed to "Sai Urja Indo Ventures Limited" and a fresh Certificate of Incorporation dated February 06, 2025 was issued by the Registrar of Companies, Central Processing Centre. The registered office of our company is situated at UG-2 Office Floor, J. K. Complex, Nanaji Nagar Nagpur Road, Chandrapur, Maharashtra, India, 442401.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.