Tempsens Instruments (India) Ltd₹305▲101.7%Hy Tech Engineers Ltd₹42▲79.3%Kwick Forensic Solutions Ltd₹66▲73.3%Tonbo Imaging India Ltd₹513▲73.3%Farm Peace Ltd₹42▲71.2%Poojaa Precision Engg Ltd₹193▲64.1%Roopa Screen Ltd₹32.30▲50.5%ESDS Software Solution Ltd₹215▲50.1%SpectraA Technology Solutions Ltd₹56▲47.5%Shanti Inorganics Ltd₹39▲47.0%Vans Electroengineerings Ltd₹55▲46.6%Ashutosh Fibre Ltd₹42▲45.7%

Sai Urja Indo Ventures Ltd IPO

Listed SME BSE SME Bookbuilding IPO
Min Investment
₹2,71,200
1200 shares · 1 lot

Sai Urja Indo Ventures Ltd IPO was priced at ₹107–₹113 per share with an issue size of ₹25 crore. The IPO opened on Sep 25, 2026 and closed on Sep 29, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,71,200.

Open
25 Sep
Close
29 Sep
Allotment
30 Sep
Refund
01 Oct
Listing
05 Oct

Market Sentiment

Grey Market Premium

Full history →
+₹0.00 +0.0%
Est. listing: ₹113
Updated 26 Sep 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →

Subscription data isn't available yet — it appears once bidding opens.

IPO Details

Price Band ₹107.00 - ₹113.00 per share
Lot Size1200 shares
Min Investment₹2,71,200
Total Issue Size ₹25.00 crore
Shares Offered22,08,000
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Shannon Advisors Pvt.Ltd.
RegistrarMaashitla Securities Pvt.Ltd.
Listing AtBSE SME

Quick Profit Calculator

Issue price ₹113 · lot size 1200 shares · no GMP recorded, so estimated profit is nil

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 1,200 ₹1,35,600 ₹1,35,600 ₹0
S-HNI (Min) 2 2,400 ₹2,71,200 ₹2,71,200 ₹0
S-HNI (UPI limit) 3 3,600 ₹4,06,800 ₹4,06,800 ₹0
S-HNI (Max) 7 8,400 ₹9,49,200 ₹9,49,200 ₹0
B-HNI (Min) 8 9,600 ₹10,84,800 ₹10,84,800 ₹0
No grey market premium has been recorded for this IPO yet, so profit is shown as nil. The investment column still reflects what each category would need to apply. Figures update automatically once GMP data or the listing price is available.

Financial Analysis

EPS
₹5.39
P/E (Post)
27.56 x
RoNW
42.44%
RoCE
50.66%
Net Worth
₹12.20 Cr
MetricLatest Reported
Total Income₹85.64 Cr
Profit After Tax₹4.19 Cr
Net Worth₹12.20 Cr

Promoters & Holding

Promoters: Harsh Ajaykumar Mittal, Santosh Ajay Kumar Mittal

Promoter Holding (Pre-Issue)9214000%
Promoter Holding (Post-Issue)7638800%

Strengths & Risks

Strengths

  • Diversified O&M service solutions for power and other industries
  • Increase in repeat orders from existing clients with larger project values
  • Large orderbook facilitating sustainable growth in financial performance
  • Leadership with a track record, powered by a sizable team

Risks & Concerns

  • Dependence on a limited number of clients for a significant portion of revenue
  • Competition from other service providers in the industry
  • Economic downturns affecting client budgets and project funding
  • Regulatory changes impacting operational capabilities
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Sai Urja Indo Ventures Limited 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.

Founded2012
HeadquartersChandrapur, Maharashtra
IndustryPower Generation
Websitehttps://suiv.co.in/

Objects of the Issue

  • Funding the working capital requirements of the Company
  • Repayment/prepayment, in full or part, of certain loans availed by the Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarMaashitla Securities Pvt.Ltd.
Phone011-45121795
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Sai Urja Indo Ventures Ltd IPO — dates, pricing, allotment and listing.

Sai Urja Indo Ventures Ltd IPO is a bookbuilding ipo of ₹25 crore. The issue was priced at ₹107–₹113 per share, with a lot size of 1,200 shares. Bidding ran from Fri, 25 Sep 2026 to Tue, 29 Sep 2026, with shares listed on BSE SME.

The price band was ₹107–₹113 per share.

One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.

A retail investor needed at least ₹2,71,200 – one lot of 1,200 shares at ₹113, the upper end of the price band.

Sai Urja Indo Ventures Ltd IPO opened on Fri, 25 Sep 2026 and closed on Tue, 29 Sep 2026.

Allotment was finalised on Wed, 30 Sep 2026.

Sai Urja Indo Ventures Ltd shares were listed on Mon, 05 Oct 2026 on BSE SME.

The company intended to use the net proceeds towards funding the working capital requirements of the company, repayment/prepayment, in full or part, of certain loans availed by the company and general corporate purposes.

Shannon Advisors Pvt.Ltd. is the book running lead manager. Maashitla Securities Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Sai Urja Indo Ventures Ltd IPO subscription page, and on the BSE and NSE websites.

From Wed, 30 Sep 2026, check the Sai Urja Indo Ventures Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.