SU

Sai Urja Indo Ventures IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Open

BSE SME

PRICE BAND

Rs 107 - 113

LOT SIZE

2,400

Shares

MIN INVEST

Rs 2.7L

CUT-OFF

Rs 113

per share

Open

25 Sept 2026

Last Day

29 Sept 2026

Allotment

30 Sept 2026

Expected Refund

01 Oct 2026

Listing

05 Oct 2026

GMP Today

4m ago

0%

Rs 0 premium

Refresh in --:--
GMP Graph

Est. Listing Price

GMP Based

Rs 113

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (2400 shares)

Subscription

0.04x

Day 1 - Live

Sub. Page
IPOGyani AI Engine - Live Prediction
0.0%

Range: 0.0% to 4.0%

Confidence: Moderate - 50%

Confidence Score - 50%

📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 50/100📊 Sub 0.04x🏭 Power Plant O&M / Industrial Services
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1

Live Subscription Tracker

Real-time subscription data

Waiting for first subscription update…

Current IPO Status: open

Summarize with AI

Get a quick Sai Urja Indo Ventures summary (150-200 words) from your favorite AI:

ChatGPTClaudeGemini

About Sai Urja Indo Ventures

Power Plant O&M / Industrial Services

The company has provided services to large power-generation facilities, including control and instrumentation services for a 4,760 MW thermal power plant in Central India and another 3,000 MW plant in Northern India. Its workforce increased to 2,469 personnel as of March 31, 2025. The company identifies repeat orders, a large order book, diversified O&M capabilities and experienced leadership as key strengths.

IPO_DETAILS_LONG: Sai Urja Indo Ventures IPO is a BSE SME book-built issue of 22,08,000 equity shares at ₹107 to ₹113 per share. The IPO opens on September 25, 2026 and closes on September 29, 2026. Allotment is scheduled for September 30, refund and demat credit for October 1, and listing for October 5, 2026. The issue consists of 18,28,800 fresh shares and 3,79,200 OFS shares. The fresh issue proceeds are proposed to fund working capital, repayment/prepayment of loans and general corporate purposes.

Issue Details

Total Issue Size

Rs 24.95 Cr

Issue Size for Retail

Rs 8.73 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 20.67 Cr (83%)
OFS
Rs 4.28 Cr (17%)

Reservation Quota

QIB

50%

Retail

35%

NII

15%

Lead Manager

Shannon Advisors Pvt. Ltd.

Registrar

Maashitla Securities Pvt. Ltd.

Objects of the Issue (as per DRHP)

  • 1Funding the working capital requirements of the Company - ₹8.00 Cr
  • 2Repayment/prepayment, in full or part, of certain loans availed by the Company - ₹6.60 Cr
  • 3General Corporate Purposes - balance of net proceeds after the above specified objects and issue expenses

Key Performance Indicator (KPI)

KPIMar 31 2026NA
ROE42.44%NA
ROCE50.66%NA
Debt/Equity0.59NA
RoNW42.44%NA
PAT Margin4.98%NA
EBITDA Margin7.65%NA
Price to Book Value8.46
Check IPO Peer Comparison here.
Pre IPOPost IPO
EPS (Rs)5.394.10
P/E (x)20.9627.56
Promoter Holding44.46%31.33%
Market CapRs 86.32 Cr.

Harsh Ajaykumar Mittal, Santosh Ajay Kumar Mittal, Mohan Radheshyam Chandak, Abhai Kumar Mittal

Sai Urja Indo Ventures Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total IncomeRs 45.88 CrRs 65.82 CrRs 85.64 Cr
Net Profit (PAT)Rs 1.39 CrRs 3.13 CrRs 4.19 Cr
EBITDARs 2.93 CrRs 5.14 CrRs 6.51 Cr
BorrowingsRs 2.15 CrRs 5.35 CrRs 7.18 Cr
ROENANA42.44%
ROCENANA50.66%
Debt/EquityNANA0.59
AssetsRs 13.95 CrRs 21.11 CrRs 24.25 Cr

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

0
50
100
50
NA

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for Sai Urja Indo Ventures IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

UG-2 Office Floor, J. K. Complex, Nanaji Nagar Nagpur Road, Chandrapur, Maharashtra - 442401
+91 9960815166
[email protected]
Visit Website

Green Flags

  • Revenue increased from ₹45.88 Cr in FY24 to ₹85.64 Cr in FY26.
  • PAT increased from ₹1.39 Cr to ₹4.19 Cr over the same period.
  • FY26 ROCE was 50.66%.
  • FY26 ROE/RoNW was 42.44%.
  • Debt-to-equity was 0.59x in FY26.
  • The company has a large workforce and provides multiple O&M services across power and industrial sectors.
  • The company reports repeat orders from existing clients and a sizeable order book.

Red Flags

  • FY26 EBITDA margin was only 7.65%.
  • The company operates in a labour-intensive services business.
  • Revenue depends significantly on large industrial and power-sector customers.
  • The fresh issue is partly being used for working capital rather than capacity expansion.
  • The IPO also contains an OFS of ₹4.28 Cr, meaning those proceeds go to selling shareholders rather than the company.

Grey Market Premium

Sai Urja Indo Ventures IPO GMP Today

GMP trend chart and full day-by-day history

→

Subscription Status

Sai Urja Indo Ventures IPO Subscription

Live status, allotment chance and day-wise figures

→

Comparison Tool

Compare Sai Urja Indo Ventures with Other IPOs

Side-by-side comparison with GMP, subscription, and financial metrics

→

Frequently Asked Questions

What is the price band of Sai Urja Indo Ventures IPO?

The price band is Rs 107-113 per share. One lot contains 2400 shares; its value at the upper price is Rs 2,71,200. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for Sai Urja Indo Ventures IPO?

The scheduled bidding period is 25 Sept 2026 to 29 Sept 2026.

When is Sai Urja Indo Ventures IPO scheduled to list?

The scheduled listing date is 5 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for Sai Urja Indo Ventures IPO?

Maashitla Securities Pvt. Ltd. is the registrar. See the allotment page for the available schedule and official checking link.

Who manages Sai Urja Indo Ventures IPO?

Lead manager information recorded for this issue: Shannon Advisors Pvt. Ltd..

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

Current IPO Pages

Explore detailed GMP, subscription and IPO analysis pages for the latest active issues.