Sai Urja Indo Ventures IPO Logo

Sai Urja Indo Ventures IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Sep 25 to Sep 29 2026
Price Band ₹107 - 113
Current GMP ₹133.8 (+18.41%)
Subscription 4.95 times

IPO Details

IPO Date
25 to 29 Sep, 2026
Listed on
Mon, Oct 5, 2026
Face Value
₹ 10 per share
Price Band
₹107 to ₹113
Issue Price
₹113 per share
Lot Size
1,200 Shares
Sale Type
Fresh capital cum OFS
Issue Type
Bookbuilding IPO
Listing At
BSE SME
Total Issue Size
22,08,000 shares (agg. up to ₹ 25 Cr)
Reserved for Market Maker
2,16,000 shares (agg. up to ₹ 2 Cr) Prabhat Financial Services Ltd.
Fresh Issue (Ex Market Maker)
16,12,800 shares (agg. up to ₹ 18 Cr)
Offer for Sale
3,79,200 shares of ₹ 10 (agg. up to ₹ 4 Cr)
Net Offered to Public
19,92,000 shares (agg. up to ₹ 23 Cr)
Share Holding Pre Issue
58,10,000 shares
Share Holding Post Issue
76,38,800 shares
BSE Script Code
544958
ISIN
INE1LLG01019

IPO Subscription Details

Anchor
1
Market Maker
1
QIB (Ex Anchor)
2.80
NII***
9.90
bNII (> ₹10L)
9.93
sNII (< ₹10L)
9.85
Individual Investors
4.04
Total **
4.95

Day Wise Sub

DaySep 2 5 (Day 1)
QIB (Ex Anchor)0.00
NII*0.07
NII (> ₹10L)0.05
NII (< ₹10L)0.11
Individual Investors0.05
Total0.04
DaySep 2 8 (Day 2)
QIB (Ex Anchor)0.00
NII*0.08
NII (> ₹10L)0.05
NII (< ₹10L)0.14
Individual Investors0.43
Total0.23
DaySep 2 9 (Day 3)
QIB (Ex Anchor)2.80
NII*9.90
NII (> ₹10L)9.93
NII (< ₹10L)9.85
Individual Investors4.04
Total4.95

Day Wise GMP

GMP Date05-10-2026
IPO Price113
GMP32 (28.32%)
Est. Listing Price145
GMP Date04-10-2026
IPO Price113
GMP32 (28.32%)
Est. Listing Price145
GMP Date03-10-2026
IPO Price113
GMP17 (15.04%)
Est. Listing Price130
GMP Date02-10-2026
IPO Price113
GMP10 (8.85%)
Est. Listing Price123
GMP Date01-10-2026
IPO Price113
GMP8 (7.08%)
Est. Listing Price121

IPO Important Dates

IPO Open
Fri, Sep 25, 2026
IPO Close
Tue, Sep 29, 2026
Allotment
Wed, Sep 30, 2026
Refund
Thu, Oct 1, 2026
Credit of Shares
Thu, Oct 1, 2026
Listing
Mon, Oct 5, 2026

IPO Lot Size

ApplicationIndividual investors (IND) (Min)
Lots2
Shares2400
Amount₹2,71,200
ApplicationIndividual investors (IND) (Max)
Lots2
Shares2400
Amount₹2,71,200
ApplicationS-HNI (Min)
Lots3
Shares3600
Amount₹4,06,800
ApplicationS-HNI (Max)
Lots7
Shares8400
Amount₹9,49,200
ApplicationB-HNI (Min)
Lots8
Shares9600
Amount₹10,84,800

Financial Information

Period EndedAssets
31 Mar 202624.25
31 Mar 202521.11
31 Mar 202413.95
Period EndedTotal Income
31 Mar 202685.64
31 Mar 202565.82
31 Mar 202445.88
Period EndedProfit After Tax
31 Mar 20264.19
31 Mar 20253.13
31 Mar 20241.39
Period EndedEBITDA
31 Mar 20266.51
31 Mar 20255.14
31 Mar 20242.93
Period EndedNET Worth
31 Mar 202612.20
31 Mar 20257.76
31 Mar 20244.72
Period EndedReserves and Surplus
31 Mar 20266.39
31 Mar 20251.95
31 Mar 20244.71
Period EndedTotal Borrowing
31 Mar 20267.18
31 Mar 20255.35
31 Mar 20242.15

Key Performance Indicator

ROE
42.44%
ROCE
50.66%
Debt/Equity
0.59
RoNW
42.44%
PAT Margin
4.98%
EBITDA Margin
7.65%
NAV
20.99
P/B (x)
8.46

IPO Reservation

QIB
9,79,200
− Anchor Investor
5,86,800
− QIB (Ex. Anchor)
3,92,400
NII (HNI)
3,02,400
− bNII > ₹10L
2,01,600
− sNII < ₹10L
1,00,800
Retail
7,10,400
Market Maker
2,16,000
Total
22,08,000

Information about company

Incorporated in 2012, 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 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. Services: The services are delivered through four types of contracts based on the tenders which include: Annual Maintenance Contracts (for one to three years), Performance-Based Contracts (linked to plant output or reliability), Manpower Supply Contracts and Short-Term Bill of Quantity Contracts (for temporary needs). As on June 15, 2026, they have 17 on-going projects for which Rs. 7,165.10 Lakhs worth project execution is pending and 4 projects worth Rs. 2,536.74 Lakhs whose execution is yet to commence. They offer a wide range of operation & maintenance services, including breakdown, predictive and preventive maintenance, condition monitoring, all field instruments calibration and testing, and other related activities for power plants and other industries. As on June 30, 2026, they have 1969 employees, who look after day-to-day business operations, HR & accounting functions. Competitve Strengths:

Objectives of IPO

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: #: Issue Objects 1: Funding the working capital requirements of the Company 2: Repayment/prepayment, in full or part, of certain loans availed by the Company 3: General Corporate Purposes 4: Issue Expenses : Total

Disclaimer

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