Bookbuilding IPO | ₹[.] Cr | Listing at BSE SME |
Sai Urja Indo Ventures Ltd. IPO is a Book Build Issue of 0.34 crore equity shares consisting of a fresh issue of upto 0.31 crore equity shares and an offer for sale (OFS) of upto 0.03 crore equity shares.
The equity shares are proposed to be listed on the BSE SME. Shannon Advisors Pvt.Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Sai Urja Indo IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 33,78,000 shares (agg. up to ₹[.] Cr) |
| Fresh Issue | 30,66,000 shares (agg. up to ₹[.] Cr) |
| Offer for Sale | 3,12,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 58,10,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Mon, Sep 29, 2025 |
| SEBI/Exchange approval received | Fri, Dec 12, 2025 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Sai Urja Indo Ventures Limited is offers 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.
The company handling control and instrumentation services for the biggest power plant in India, a 4,760 MW thermal power plant in Central India and another 3,000 MW plant in Northern India.
Services:
As of March 31, 2025, the company had a team of 2,469 personnel, up from 1611 in 2024 and 1326 in 2023.
Competitve Strengths:
Sai Urja Indo Ventures Ltd.'s revenue increased by 43% and profit after tax (PAT) rose by 126% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 21.11 | 13.95 | 14.16 |
| Total Income | 65.82 | 45.88 | 28.51 |
| Profit After Tax | 3.13 | 1.39 | 0.08 |
| EBITDA | 5.14 | 2.93 | 0.72 |
| NET Worth | 7.76 | 4.72 | 3.27 |
| Total Borrowing | 5.35 | 2.15 | 4.89 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements of the Company | 8.00 |
| 2 | Repayment/prepayment, in full or part, of certain loans availed by the Company | 6.00 |
| 3 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 50.27% |
| ROCE | 65.43% |
| Debt/Equity | 0.69 |
| RoNW | 50.27% |
| PAT Margin | 4.79% |
| EBITDA Margin | 7.84% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 99.48% |
Lead Manager Reports
Sai Urja Indo IPO is a SME IPO of 33,78,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Sai Urja Indo IPO open and close dates are not available as of now.
Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Sai Urja Indo IPO using UPI as a payment gateway. Zerodha customers can apply in Sai Urja Indo IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sai Urja Indo IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sai Urja Indo IPO dates are not announced. Please check back again after some time.
Sai Urja Indo IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Sai Urja Indo IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sai Urja Indo IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Sai Urja Indo IPO allotment status.
The Sai Urja Indo IPO listing date is not yet announced. The tentative date of listing is .
