Sael Industries IPO Details

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Sael Industries IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.

The Lead Managers for Sael Industries IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jm Financial Limited, Kotak Mahindra Capital Company Limited, ICICI Securities Limited, Ambit Private Limited. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the Sael Industries Limited DRHP.

Sael Industries IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹5 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
1283211722
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
Filed With SEBI

Sael Industries IPO Lot Size

ApplicationLotsSharesAmount
To be announced

Sael Industries IPO Reservation

Promoter Holding

Pre Issue:99.16%
Post Issue:-
Promoter Names:
Jasbir Singh, Sukhbir Singh, Laxit Awla

Documents

  ›  Sael Industries IPO DRHP

Sael Industries IPO Valuations

DEBT/EQUITY:6.27

Sael Industries Financial Information

Period Ended30 Jun 202531 Mar 202531 Mar 202431 Mar 2023
Assets12,456.8610,917.273,852.622,471.17
Total Income276.31730.52587.01398.12
Profit After Tax-58.31-280.95-267.14-71.07
EBITDA133.63141.9297.08130.22
NET Worth-338.92-281.03-131.52134.05
Reserves and Surplus-393.07-335.18-182.4583.12
Total Borrowing9,922.758,162.032,214.871,655.75
Amount in ₹ Crore

About Sael Industries IPO

Incorporated in 2022, Sael Industries is one of India’s top five renewable energy independent power producers (IPPs) with in-house solar module manufacturing, EPC, and O&M capabilities.

As of September 30, 2025, its total contracted and awarded renewable capacity is 5,765.70 MW (8,464.40 MWp), including 5,600.80 MW (8,299.51 MWp) of solar projects, and 164.90 MW of agri waste-to-energy (AgWTE) projects. These projects are spread across 10 Indian states and 1 union territory. The company has long-term power purchase agreements (PPAs) with central and state government off-takers and private companies.

Agri Waste-to-Energy (AgWTE): We are a pioneer and the largest operator in India’s AgWTE sector. The plants use paddy straw and other crop residues to generate clean electricity, helping reduce stubble burning and air pollution in North India.

As of September 30, 2025, the company operates 10 AgWTE plants (150 MW) and are building one more in Rajasthan (14.9 MW).

Solar Power Business: The company entered the solar power sector in 2011 and grew rapidly since 2016. Its largest solar project is a 1,000 MWp solar IPP in Khavda, Gujarat, completed in just 16 months.

It has 29 utility-scale and 25 rooftop solar projects, with total solar capacity of 5,600.80 MW (8,299.51 MWp).

Solar Module Manufacturing: It is among India’s leading TopCon solar module manufacturers with 3,625 MW annual capacity across Punjab and Rajasthan. The comapny is also planning to set up a new 5 GW solar cell and 5 GW module manufacturing facility in Greater Noida, Uttar Pradesh.

Competitive Strengths

  • Leading renewable energy power producer in India
  • Strong off-taker profile and long-term power purchase agreements
  • Pioneering business model with strong agri waste-to-energy capabilities backed by robust performance
  • Robust capital management with access to diversified sources of funding and financial performance
  • Proven execution capabilities with in-house Engineering, Procurement and Construction and Operations & Maintenance functions
  • Experienced board and Promoter-led management team

Strength Of Sael Industries IPO

To be announced

Risk Of Sael Industries IPO

To be announced

Objectives Sael Industries IPO

1. Investment in our Subsidiaries namely SAEL Solar P5 Private Limited and SAEL Solar P4 Private Limited for repayment/prepayment, in full or in part, of certain of their outstanding borrowings, interest accrued and prepayment penalties, as applicable

2. General corporate purposes

Company Contact Details

Sael Industries Ltd.
H. No. 44, Model Town,
Firozpur, Guruharsahai
Firozpur, Punjab, 152022
Phone: +91 11 44910011
Email: cs@sael.co
Website: http://www.sael.co/

Registrar Contact Details

Name: Kfin Technologies Limited
Phone: +91-40-67162222
Website: https://ipostatus.kfintech.com/

Lead Mangers

  1. Jm Financial Limited

    (Past IPO Performance)

  2. Kotak Mahindra Capital Company Limited

    (Past IPO Performance)

  3. ICICI Securities Limited

    (Past IPO Performance)

  4. Ambit Private Limited

    (Past IPO Performance)

Lead Manager Reports

Read more about Shringar House of Mangalsutra IPO

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