Saatvik Green Energy IPO Subscription
ListedUpdated 26 September 2025, 9:15 AM IST· Mainboard
Saatvik Green Energy IPO subscription closed on 23 September 2025 at 6.93x overall by shares. QIB demand came in at 11.41x, NII at 10.57x, and retail at 2.80x. See Retail, SHNI, and BHNI allotment chances in the table…
Saatvik Green Energy IPO subscription closed on 23 September 2025 at 6.93x overall by shares. QIB demand came in at 11.41x, NII at 10.57x, and retail at 2.80x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 24 September 2025. Listing date on NSE and BSE is 26 September 2025.
Saatvik Green Energy IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 19 Sept 2025 | 0.01x | 0.70x | 0.93x | 0.62x |
| Day 2 - 22 Sept 2025 | 0.01x | 1.45x | 1.65x | 1.15x |
| Day 3 - 23 Sept 2025 | 11.41x | 10.57x | 2.81x | 6.93x |
Saatvik Green Energy IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Saatvik Green Energy IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 2.38x | 1 in 2 |
| SHNI (Rs 2L to Rs 10L) | 8.89x | 1 in 9 |
| BHNI (above Rs 10L) | 2.29x | 1 in 2 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Saatvik Green Energy IPO Allotment Status page from 24 September 2025 for your result.
Saatvik Green Energy IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 465.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 179.50 Cr | Rs 2,047.30 Cr | 11.41x |
| FII | - | Rs 409.45 Cr | - |
| DFI | - | Rs 195.16 Cr | - |
| Mutual Funds | - | Rs 870.02 Cr | - |
| Other | - | Rs 572.67 Cr | - |
| NII | Rs 134.67 Cr | Rs 1,423.03 Cr | 10.57x |
| bNII (above Rs 10L) | Rs 89.78 Cr | Rs 1,013.06 Cr | 11.28x |
| Corporate | - | Rs 15.74 Cr | - |
| Individual | - | Rs 955.05 Cr | - |
| Other | - | Rs 42.26 Cr | - |
| sNII (Rs 2L to Rs 10L) | Rs 44.89 Cr | Rs 409.97 Cr | 9.13x |
| Corporate | - | Rs 1.68 Cr | - |
| Individual | - | Rs 392.78 Cr | - |
| Other | - | Rs 15.51 Cr | - |
| Retail | Rs 314.23 Cr | Rs 879.42 Cr | 2.80x |
| Cut-off price | - | Rs 717.77 Cr | - |
| Fixed price | - | Rs 161.65 Cr | - |
| Employee | Rs 2.21 Cr | Rs 12.35 Cr | 5.59x |
| Cut-off price | - | Rs 10.90 Cr | - |
| Fixed price | - | Rs 1.45 Cr | - |
| Total | Rs 630.60 Cr | Rs 4,362.10 Cr | 6.92x |
Saatvik Green Energy IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 38,60,119 | 164 | 0.00x |
| FII | - | 20 | - |
| DFI | - | 6 | - |
| Mutual Funds | - | 44 | - |
| Other | - | 94 | - |
| NII | 6,465 | 29,035 | 4.49x |
| bNII (above Rs 10L) | 4,310 | 9,877 | 2.29x |
| Corporate | - | 140 | - |
| Individual | - | 9,319 | - |
| Other | - | 418 | - |
| sNII (Rs 2L to Rs 10L) | 2,155 | 19,158 | 8.89x |
| Corporate | - | 81 | - |
| Individual | - | 18,343 | - |
| Other | - | 734 | - |
| Retail | 2,11,174 | 5,03,118 | 2.38x |
| Cut-off price | - | 4,08,408 | - |
| Fixed price | - | 94,710 | - |
| Employee | 1,485 | 5,871 | 3.95x |
| Cut-off price | - | 5,363 | - |
| Fixed price | - | 508 | - |
| Total | 40,79,243 | 5,38,188 | 0.13x |
What Do These Subscription Numbers Mean?
6.93x overall by shares means bids covered about 7 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 11.41x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (4.49x by applications). Split: SHNI 8.89x, BHNI 2.29x by applications. SHNI and BHNI allotment is by lottery.
At 2.38x subscription by applications, about 1 in 2 retail applicants may get allotment (~42% chance per application). Retail allotment is also by lottery.
Saatvik Green Energy IPO GMP After Subscription
GMP for Saatvik Green Energy IPO stands at Rs 10.00 today, giving an estimated listing price of Rs 475.00 per share.
The GMP has moved lower from Rs 71.00 on 16 Sept 2025 to Rs 11.00 on 24 Sept 2025.
A subscription of 6.93x combined with a GMP of 2.15% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Saatvik Green Energy IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Saatvik Green Energy IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 September 2025 |
| IPO Close Date | 23 September 2025 |
| Allotment Date | 24 September 2025 |
| Refund Initiation | 25 September 2025 |
| Share Credit to Demat | 25 September 2025 |
| Listing Date | 26 September 2025 |
| Minimum Investment | Rs 14,880.00 |
| Lot Size | 32 shares |
About Saatvik Green Energy IPO
Saatvik Green Energy is a leading solar PV module manufacturer in India with an operational capacity of 3. 80 GW as of March 31, 2025. The company is also among the fastest-growing players in the solar sector, having supplied over 2.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Saatvik Green Energy IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Saatvik Green Energy IPO Details
Issue size, price, financials, and company info
Saatvik Green Energy IPO GMP
Live grey market premium and listing estimate
Saatvik Green Energy IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Saatvik Green Energy IPO Allotment
Allotment date, chances, and check by PAN
Saatvik Green Energy IPO Review
SWOT, strengths, risks, and IPO review
Saatvik Green Energy IPO FAQ
Common questions on dates, GMP, and allotment
Saatvik Green Energy IPO Registrar
Registrar website and how to check allotment
Saatvik Green Energy IPO Timeline
Open, close, allotment, and listing dates
Saatvik Green Energy IPO News
Updates, blogs, and latest IPO news
Saatvik Green Energy IPO Subscription FAQs
What is Saatvik Green Energy IPO subscription status today?
Saatvik Green Energy IPO subscription closed on 23 September 2025 with overall subscription of 6.93x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 11.41x, NII 4.49x, Retail 2.38x.
What is the overall subscription of Saatvik Green Energy IPO?
Saatvik Green Energy IPO is subscribed 6.93x overall by shares at close on 23 September 2025. QIB 11.41x, NII 4.49x, and Retail 2.38x.
What is Saatvik Green Energy IPO QIB subscription?
Saatvik Green Energy IPO QIB (Qualified Institutional Buyers) subscription is 11.41x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Saatvik Green Energy IPO Retail subscription?
Saatvik Green Energy IPO Retail subscription is 2.38x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Saatvik Green Energy IPO NII, SHNI, and BHNI subscription?
Saatvik Green Energy IPO NII subscription is 4.49x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 8.89x and BHNI (above Rs 10L) at 2.29x.
What are Saatvik Green Energy IPO retail allotment chances?
At 2.38x subscription by applications, about 1 in 2 retail applicants may get allotment (~42% chance per application). Allotment is by lottery.
What are Saatvik Green Energy IPO SHNI allotment chances?
At 8.89x subscription by applications, about 1 in 9 SHNI applicants may get allotment (~11% chance per application). Allotment is by lottery.
What are Saatvik Green Energy IPO BHNI allotment chances?
At 2.29x subscription by applications, about 1 in 2 BHNI applicants may get allotment (~44% chance per application). Allotment is by lottery. Share subscription was 11.28x. Allotment chances use applications, not share volume.
When is Saatvik Green Energy IPO allotment date?
Saatvik Green Energy IPO allotment date is 24 September 2025. Check Saatvik Green Energy IPO Allotment Status on IPOwiz from that day using your PAN.
When does Saatvik Green Energy IPO subscription close?
Saatvik Green Energy IPO subscription closed on 23 September 2025. No new applications are accepted after the close.
What is Saatvik Green Energy IPO GMP today?
Saatvik Green Energy IPO GMP is ₹10 today (+2.15% over issue price ₹465). See live GMP on the Saatvik Green Energy IPO GMP Today page.
What is Saatvik Green Energy IPO issue price and lot size?
Saatvik Green Energy IPO issue price is ₹465 per share. Lot size is 32 shares. Minimum investment is ₹14,880 per lot. Issue size: ₹900.00 Cr.
When is Saatvik Green Energy IPO listing date?
Saatvik Green Energy IPO listing date is 26 September 2025 on NSE and BSE. Allotment is on 24 September 2025.
How does subscription affect Saatvik Green Energy IPO allotment?
In Saatvik Green Energy IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 6.93x overall, competition is moderate.
For allotment results from 24 September 2025, visit the Saatvik Green Energy IPO Allotment Status page. For listing day updates on 26 September 2025, download the IPOwiz App.
Sources
We match Saatvik Green Energy IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.