Comparison between Belrise Industries IPO and Saatvik Green Energy IPO.
Belrise Industries IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Saatvik Green Energy IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Belrise Industries IPO is up to ₹2,150.00 Cr whereas the issue size of the Saatvik Green Energy IPO is up to ₹900.20 Cr. The final issue price of Belrise Industries IPO is ₹90.00 per share and of Saatvik Green Energy IPO is ₹465.00 per share.
| Belrise Industries IPO | Saatvik Green Energy IPO | |
|---|---|---|
| Face Value | ₹5 per share | ₹2 per share |
| Issue Price (Lower) | ₹85.00 per share | ₹442.00 per share |
| Issue Price (Upper) | ₹90.00 per share | ₹465.00 per share |
| Issue Price (Final) | ₹90.00 per share | ₹465.00 per share |
| Discount (Retail) | ₹0.00 per share | |
| Discount (Employee) | ₹44.00 per share | |
| Market Lot Size | 166 shares | 32 shares |
| Fresh Issue Size | 23,88,88,888 shares | 1,50,58,004 shares |
| Fresh Issue Size (Amount) | up to ₹2,150.00 Cr | up to ₹700.20 Cr |
| OFS Issue Size | 0 shares | 43,01,075 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹200.00 Cr |
| Issue Size Total | 23,88,88,888 shares | 1,93,59,079 shares |
| Issue Size Total (Amount) | up to ₹2,150.00 Cr | up to ₹900.20 Cr |
Belrise Industries IPO opens on May 21, 2025, while Saatvik Green Energy IPO opens on Sep 19, 2025. The closing date of Belrise Industries IPO and Saatvik Green Energy IPO is May 23, 2025, and Sep 23, 2025, respectively.
| Belrise Industries IPO | Saatvik Green Energy IPO | |
|---|---|---|
| Anchor Bid Date | May 20, 2025 | Sep 18, 2025 |
| Issue Open | May 21, 2025 | Sep 19, 2025 |
| Issue Close | May 23, 2025 | Sep 23, 2025 |
| Basis Of Allotment (Tentative) | May 26, 2025 | Sep 24, 2025 |
| Initiation of Refunds (Tentative) | May 27, 2025 | Sep 25, 2025 |
| Credit of Share (Tentative) | May 27, 2025 | Sep 25, 2025 |
| Listing date (Tentative) | May 28, 2025 | Sep 26, 2025 |
| Anchor Lockin End date 1 | Jun 25, 2025 | Oct 23, 2025 |
| Anchor Lockin End date 2 | Aug 24, 2025 | Dec 22, 2025 |
Belrise Industries IPO P/E ratio is 16.61, as compared to Saatvik Green Energy IPO P/E ratio of 24.35.
| Belrise Industries IPO | Saatvik Green Energy IPO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Saatvik Green Energy Ltd.'s revenue increased by 100% and profit after tax (PAT) rose by 113% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 99.81 | 90.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 73.01 | 75.99 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 16.61 | 24.35 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹8008.91 Cr. | ₹5910.19 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 63.41% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 14.83% | 60.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.97 | 1.36 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹5.42 | ₹19.09 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 13.33% | 63.41% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Belrise Industries IPO Retail Individual Investors (RII) are offered 8,36,11,111 shares while in Saatvik Green Energy IPO retail investors are offered 8,36,11,111 shares. Qualified Institutional Buyers (QIB) are offered 4,77,77,778 shares in Belrise Industries IPO and 38,62,365 shares in Saatvik Green Energy IPO.
| Belrise Industries IPO | Saatvik Green Energy IPO | |
|---|---|---|
| Anchor Investor Reservation | 7,16,66,665 shares | 57,93,547 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 4,77,77,778 shares | 38,62,365 shares |
| NII | 3,58,33,334 shares | 28,96,775 shares |
| RII | 8,36,11,111 shares | 67,59,140 shares |
| Employee | 0 shares | 47,505 shares |
| Others | ||
| Total | 23,88,88,888 shares | 1,93,59,332 shares |
Belrise Industries IPO subscribed 43.14x in total, whereas Saatvik Green Energy IPO subscribed 6.93x.
| Belrise Industries IPO | Saatvik Green Energy IPO | |
|---|---|---|
| QIB (times) | 112.63x | 11.41x |
| NII (times) | 40.58x | 10.57x |
| Big NII (times) | 48.00x | 11.28x |
| Small NII (times) | 25.76x | 9.13x |
| RII (times) | 4.52x | 2.81x |
| Employee (times) | 5.59x | |
| Other (times) | ||
| Total (times) | 43.14x | 6.93x |
