Sai Urja Indo Ventures IPO Day 3: Subscription Closes Today, 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
Sai Urja Indo Ventures IPO closes today, 29 Sep 2026. Subscribed 0.23x through Day 2: Retail 0.43x, NII 0.08x, QIB 0.00x. Price band Rs 107-113.
Quick Answer
The Sai Urja Indo Ventures IPO is on its final day of bidding on 29 September 2026, with the subscription window closing today. The issue has moved from about 0.04 times at the Day 1 close to 0.23 times by the close of Day 2, with retail at 0.43 times, NII at 0.08 times and QIB yet to place bids. With bidding open until the end of today’s session, the final subscription figure depends on demand in the closing hours.
Sai Urja Indo Ventures Limited, an Operations and Maintenance services provider for industrial plants, has reached the final day of its IPO subscription window today, 29 September 2026. The Sai Urja Indo Ventures IPO opened on 25 September 2026 and is about Rs 24.95 crore through a combination of fresh issue and offer for sale. The shares are proposed to list on the BSE SME platform.
Demand for the Sai Urja Indo Ventures IPO has improved, led by retail, but the book remains well below full subscription with NII and QIB largely absent. Today is the last opportunity for larger bids to arrive.
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Sai Urja Indo Ventures IPO Details
The table below sets out the key parameters of the issue.
| Open Date | 25 September 2026 |
| Close Date | 29 September 2026 |
| Face Value | Rs 10 per share |
| Price Band | Rs 107 to Rs 113 per share |
| Lot Size | 1,200 shares (minimum bid 2,400 shares) |
| Issue Size | Rs 24.95 crore |
| Issue Type | Book Built Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 30 September 2026 |
| Listing Date | 5 October 2026 |
Sai Urja Indo Ventures IPO Subscription Status Day 3
The table below tracks how the issue has moved through its bidding window, from the Day 1 close through to the close of Day 2 on Monday.
| Session | Overall | QIB | NII | Retail |
|---|---|---|---|---|
| Day 1 close (25 Sep) | about 0.04x | Not available | Not available | Not available |
| Day 2 close (28 Sep, 5:05 PM) | 0.23x | 0.00x | 0.08x | 0.43x |
| Day 3, closing day so far (29 Sep) | Updating through the session | |||
Retail is the only category showing meaningful demand in the issue. Final figures should be confirmed on BSE once bidding closes today.
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Sai Urja Indo Ventures IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 107 to Rs 113 band, with a minimum bid of 2,400 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, since the issue closes for good after this session.
Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
Conclusion
The issue closes today still well below full subscription at around 0.23 times through Day 2, led by retail. Investors considering the issue should review the company financials and SME liquidity risks in the RHP on bseindia.com, and apply only after independent due diligence before the window shuts today.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Sai Urja Indo Ventures IPO subscription status on Day 3?
Ans. On the closing day, 29 September 2026, the issue carries forward a Day 2 reading of around 0.23 times overall, with retail at 0.43 times, NII at 0.08 times and QIB at 0.00 times, and figures are updating through today’s final session.
When does the Sai Urja Indo Ventures IPO close?
Ans. The issue closes for subscription today, 29 September 2026, having opened on 25 September 2026.
What is the Sai Urja Indo Ventures IPO price band and lot size?
Ans. The issue price band is Rs 107 to Rs 113 per share, with a lot size of 1,200 shares. Retail investors must apply for a minimum of 2 lots, or 2,400 shares, taking the minimum investment to about Rs 2,71,200 at the upper band.
Which category led the Sai Urja Indo Ventures IPO subscription?
Ans. Retail investors led the issue through Day 2 at 0.43 times, ahead of NII at 0.08 times, while QIB had not placed bids.
What is the Sai Urja Indo Ventures IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
How do I apply for the Sai Urja Indo Ventures IPO before it closes?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 107 to Rs 113 band, with a minimum bid of 2,400 shares, then approving the UPI mandate before the daily cut off.
When will the Sai Urja Indo Ventures IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 30 September 2026, with listing on the BSE SME platform tentatively scheduled for 5 October 2026.
What does Sai Urja Indo Ventures Limited do?
Ans. Sai Urja Indo Ventures Limited provides diversified Operations and Maintenance services for industrial plants, primarily in the power generation industry, alongside iron and steel and agrochemicals sectors.
