Sai Urja Indo Ventures
05 Oct '26SME
Min. Investment
₹2,56,800
Issue size
₹24.95 Cr
GMP
Locked
Overall subscription: 0.03x
Expert verdict
IPO dates
25 Sep
Opening
29 Sep
Closing
30 Sep
Allotment
05 Oct
Listing
*Refunds will be initiated on 01 Oct '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,71,200 |
Subscription (as on 25 September 2026, 12:48 PM)
Overall0.03x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2012|MD: Mr Harsh Ajaykumar Mittal
- Sai Urja Indo Ventures is an operation and maintenance (O&M) services company for industrial plants, primarily in the power generation industry, as well as the iron and steel and agrochemical industries.
- Its services cover electrical, mechanical, and control and instrumentation maintenance, along with operations of boiler-turbine-generator units, coal handling plants, and merry-go-round systems in power plants. The company also provides industrial housekeeping, equipment overhauls, and skilled and unskilled manpower supply.
- Its services are provided through annual maintenance contracts, performance-based contracts, manpower supply contracts, and short-term bill of quantity contracts. Over the last three years, the company has served 21 locations across nine states and executed more than 45 projects as of June 15, 2026. It holds valid electrical licences in Maharashtra, Uttar Pradesh, Bihar, Jharkhand, and Madhya Pradesh. The company operates from its registered office in Chandrapur and corporate office in Nagpur.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹107 to 113
Face value
₹10 per share
Financials
IPO reservation
Anchor investor - 26.58%
QIB - 17.77%
HNI - 13.70%
Retail - 32.17%
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Sai Urja Indo Ventures IPO is ₹24.95 Cr
The Sai Urja Indo Ventures IPO will be open for applications from 25 Sep '26 to 29 Sep '26
The lot size of Sai Urja Indo Ventures IPO is 1200 Shares and its minimum investment amount is ₹2,56,800.
