Saatvik Green Energy IPO: GMP Today and Key Details
Saatvik Green Energy Ltd. (SGEL), a solar photovoltaic (PV) module manufacturer, has launched its ₹900 crore Initial Public Offering (IPO), which opened on September 19 and will close on September 23, 2025. The price band for the IPO is set between ₹442 and ₹465 per share. As of September 19, the Grey Market Premium (GMP) stands at ₹50, indicating a potential listing price of ₹515 and an expected gain of 10.75% over the upper price band. The allotment date is scheduled for September 24, with the listing expected on September 26. The funds raised will support SGEL's expansion plans, including setting up a 4.8 GW solar cell and 4 GW module manufacturing facility in Odisha. The company has shown significant growth, with revenues increasing from ₹285 crore in FY23 to ₹1,095 crore in FY25, reflecting a compound annual growth rate (CAGR) of 96%. Investors are advised to consider subscribing to the IPO, given the attractive valuation and strong growth prospects.
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30 days ago
Saatvik Green Energy IPO: GMP Today and Key Details
Saatvik Green Energy Ltd. (SGEL), a solar photovoltaic (PV) module manufacturer, has launched its ₹900 crore Initial Public Offering (IPO), which opened on September 19 and will close on September 23, 2025. The price band for the IPO is set between ₹442 and ₹465 per share. As of September 19, the Grey Market Premium (GMP) stands at ₹50, indicating a potential listing price of ₹515 and an expected gain of 10.75% over the upper price band. The allotment date is scheduled for September 24, with the listing expected on September 26. The funds raised will support SGEL's expansion plans, including setting up a 4.8 GW solar cell and 4 GW module manufacturing facility in Odisha. The company has shown significant growth, with revenues increasing from ₹285 crore in FY23 to ₹1,095 crore in FY25, reflecting a compound annual growth rate (CAGR) of 96%. Investors are advised to consider subscribing to the IPO, given the attractive valuation and strong growth prospects.
positive
Saatvik Green Energy IPO: GMP Today and Key Details
about 1 month ago
1 min read
160 words
Saatvik Green Energy IPO opens with ₹50 GMP, indicating strong investor interest.
Saatvik Green Energy Ltd. (SGEL), a solar photovoltaic (PV) module manufacturer, has launched its ₹900 crore Initial Public Offering (IPO), which opened on September 19 and will close on September 23, 2025. The price band for the IPO is set between ₹442 and ₹465 per share. As of September 19, the Grey Market Premium (GMP) stands at ₹50, indicating a potential listing price of ₹515 and an expected gain of 10.75% over the upper price band. The allotment date is scheduled for September 24, with the listing expected on September 26. The funds raised will support SGEL's expansion plans, including setting up a 4.8 GW solar cell and 4 GW module manufacturing facility in Odisha. The company has shown significant growth, with revenues increasing from ₹285 crore in FY23 to ₹1,095 crore in FY25, reflecting a compound annual growth rate (CAGR) of 96%. Investors are advised to consider subscribing to the IPO, given the attractive valuation and strong growth prospects.
Saatvik Green Energy Ltd. (SGEL), a solar photovoltaic (PV) module manufacturer, has launched its ₹900 crore Initial Public Offering (IPO), which opened on September 19 and will close on September 23, 2025. The price band for the IPO is set between ₹442 and ₹465 per share. As of September 19, the Grey Market Premium (GMP) stands at ₹50, indicating a potential listing price of ₹515 and an expected gain of 10.75% over the upper price band. The allotment date is scheduled for September 24, with the listing expected on September 26. The funds raised will support SGEL's expansion plans, including setting up a 4.8 GW solar cell and 4 GW module manufacturing facility in Odisha. The company has shown significant growth, with revenues increasing from ₹285 crore in FY23 to ₹1,095 crore in FY25, reflecting a compound annual growth rate (CAGR) of 96%. Investors are advised to consider subscribing to the IPO, given the attractive valuation and strong growth prospects.