Saatvik Green Energy IPO allotment today: How to check status online on KFin Technologies, BSE, NSE; listing date revealed

Saatvik Green Energy IPO allotment: Solar panel maker Saatvik Green Energy's basis of allotment will be finalised on Wednesday, September 24. The bid finalisation details will be available on the portals of registrar KFin Technologies, NSE and BSE.

The issue attracted 6.57 times the subscription, as it secured bids for 9,38,08,672 shares in three days compared to 1,42,71,970 shares on offer, as per the NSE data.

The component meant for qualified institutional buyers (QIBs) got subscribed 10.84 times and the category for non-institutional investors (NIIs) received 10.04 times subscription. The retail investors' part was booked 2.66 times.

The ₹900 crore initial public offering consisted of a fresh issuance of shares worth ₹700 crore and an offer for sale of ₹200 crore by promoters Parmod Kumar and Sunila Garg.

Of the fresh issue proceeds, ₹477.23 crore will be allocated to Saatvik Solar Industries Pvt Ltd for setting up a 4 GW solar PV module manufacturing plant, and ₹166.44 crore will be infused into the subsidiary for debt clearance of its outstanding borrowings.

Furthermore, the firm will use ₹10.82 crore to repay borrowings at the parent level, while the remainder of funds will be set aside for corporate general purposes.

Saatvik Green Energy Ltd is a solar photovoltaic (PV) module manufacturer with an operational capacity of 3.8 GW, as of June 2025.

Saatvik Green Energy IPO allotment date and time

The Saatvik Green Energy IPO allotment is expected to be finalised on Wednesday, September 24, and details are likely to be out by late evening.

How to check Saatvik Green Energy IPO allotment status on NSE

• Visit the IPO page of NSE at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Select ‘Equity & SME IPO bid details’
• Choose 'SAATVIK' from the 'Select Symbol' dropdown list
• Add details like PAN and application number
• 'Submit' the details

Steps to check Saatvik Green Energy IPO allotment status on BSE

• Go to the IPO allotment link of BSE at https://bseindia.com/investors/appli_check.aspx
• Keep 'Equity' as the issue type
• Select 'Saatvik Green Energy Limited' from the IPOs available
• Mention application number or PAN
• Hit the 'Search' button

Saatvik Green Energy IPO allotment status on KFin Technologies; full steps here

• Head to the registrar's website at https://ipostatus.kfintech.com/
• In the ‘Select IPO’ list, pick ‘Saatvik Green Energy Ltd’
• Identify yourself using your IPO application number, PAN or Demat account number
• Click on ‘Submit’

Saatvik Green Energy IPO listing date and time

Shares of the Saatvik Green Energy IPO will be listed on the BSE and the NSE on Friday, September 26, at 10 am.

Saatvik Green Energy IPO latest GMP

According to investorgain.com and media reports, Saatvik Green Energy's unlisted shares are trading at ₹478 per share, reflecting a grey market premium (GMP) of 2.80% over the upper price band of ₹465.