Sai Urja Indo Ventures IPO Details
Sai Urja Indo Ventures IPO Summary
Sai Urja Indo Ventures IPO opens for subscription on 25 Sep 2026 and closes on 29 Sep 2026.The IPO will be listed on BSE with the tentative listing date set for 05 Oct 2026.
Sai Urja Indo Ventures IPO price band has been fixed at ₹107 – ₹113 per share. The face value is ₹10 per share with a lot size of 1200.
Sai Urja Indo Ventures IPO total issue size comprises 22,08,000 shares (aggregating up to ₹24.95 Cr). This includes a fresh issue of 18,28,800 shares (aggregating up to ₹20.67 Cr). Offer for Sale consists of 3,79,200 shares (aggregating up to ₹4.28 Cr). Pre-issue shareholding stands at 58,10,000, which will increase to 76,38,800 post-issue.
Sai Urja Indo Ventures IPO carries a ₹11 (9.73%) GMP, reflecting investor sentiment.
Sai Urja Indo Ventures IPO Lot Size :Individual Minimum is 2 lots (2,400 shares) amounting to ₹2,71,200. Individual Maximum is 2 lots (2,400 shares) amounting to ₹2,71,200. SHNI Minimum is 3 lots (3,600 shares) amounting to ₹4,06,800. SHNI Maximum is 7 lots (8,400 shares) amounting to ₹9,49,200. BHNI Minimum is 8 lots (9,600 shares) amounting to ₹10,84,800.
Sai Urja Indo Ventures IPO Details
Sai Urja Indo Ventures IPO Subscription
Sai Urja Indo Ventures IPO Application Wise Breakup
Sai Urja Indo Ventures IPO Dates
- 25 Sep 2026Opening dateOpen
- 29 Sep 2026Closing dateClose
- 30 Sep 2026Allotment Date Allotment
- 01 Oct 2026Initiation of RefundsRefund
- 01 Oct 2026Credit of SharesCredit
- 05 Oct 2026Listing dateListing
Sai Urja Indo Ventures IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Minimum | 2 | 2400 | ₹2,71,200 |
| Individual Maximum | 2 | 2400 | ₹2,71,200 |
| SHNI Minimum | 3 | 3600 | ₹4,06,800 |
| SHNI Maximum | 7 | 8400 | ₹9,49,200 |
| BHNI Minimum | 8 | 9600 | ₹10,84,800 |
Sai Urja Indo Ventures IPO Reservation
Promoter Holding
Documents
Sai Urja Indo Ventures IPO Valuations
Sai Urja Indo Ventures Financial Information
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 24.25 | 21.11 | 13.95 |
| Total Income | 85.64 | 65.82 | 45.88 |
| Profit After Tax | 4.19 | 3.13 | 1.39 |
| EBITDA | 6.51 | 5.14 | 2.93 |
| NET Worth | 12.20 | 7.76 | 4.72 |
| Reserves and Surplus | 6.39 | 1.95 | 4.71 |
| Total Borrowing | 7.18 | 5.35 | 2.15 |
| Amount in ₹ Crore | |||
About Sai Urja Indo Ventures IPO
Incorporated in 2012, Sai Urja Indo Ventures Limited is 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. The company work includes managing electrical, mechanical, and instrumentation systems, operating coal handling and merry-go-round systems in power plants, as well as ensuring plant cleanliness and safety through industrial housekeeping, equipment overhauls, and manpower supply.
Services:
- Maintenance Services: Electrical systems, Control & Instrumentation (C&I), Mechanical Jobs
- Operation Services: Coal Handling Plants (CHP), Merry-Go-Round (MGR), Boiler-Turbine-Generator (BTG),
- Other Services: Industrial Housekeeping, Overhaul Works, Annual Overhaul (AOH) and Capital Overhaul (COH).
The services are delivered through four types of contracts based on the tenders which include: Annual Maintenance Contracts (for one to three years), Performance-Based Contracts (linked to plant output or reliability), Manpower Supply Contracts and Short-Term Bill of Quantity Contracts (for temporary needs).
As on June 15, 2026, they have 17 on-going projects for which Rs. 7,165.10 Lakhs worth project execution is pending and 4 projects worth Rs. 2,536.74 Lakhs whose execution is yet to commence.
They offer a wide range of operation & maintenance services, including breakdown, predictive and preventive maintenance, condition monitoring, all field instruments calibration and testing, and other related activities for power plants and other industries.
As on June 30, 2026, they have 1969 employees, who look after day-to-day business operations, HR & accounting functions.
Strength Of Sai Urja Indo Ventures IPO
- 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.
Risk Of Sai Urja Indo Ventures IPO
- The company deriveds 100%, 99.98% and 100% of its revenue from operations in Fiscals 2025, 2024 and 2023 respectively, from the company's top 10 clients. Loss of any of its key clients, or reduction in revenue earned from such key clients, may have an adverse effect on the company's business, financial condition, cash flows and results of operations.
- The company depends on contracts entered into with Public Sector undertakings (PSU) that account for a significant portion of its revenues. The company cannots assure that such contracts will continue to be awarded to the company in future. Failures to be awarded such contracts may adversely affect its business, results of operations, cash flows and financial condition.
- If the company is unable to attract and retain qualified, experienced personnel, as well as skilled and unskilled labour, it may negatively impact the company's business conditions including operations, and financial condition. Additionally, employee benefit expenses make up a significant portion of its overall costs, and any substantial increase in these expenses could adversely affect its business including financial condition and profitability.
- The company has experienced significant working capital requirements in past and may continue to experience in future also. If the company experiences insufficient cash flows from its operations or are unable to borrow to meet the company's working capital requirements, it may materially and adversely affect its business, cash flows and results of operations.
- The company's revenue from operations is primarily driven by Industries and companies in Power Generation. Any challenges in maintaining relationships with these or unfavorable market developments affecting these services could have an adverse impact on the company's business, operational performance, cash flows, and overall financial health.
- The company's current Order Book does not guarantee full realization of future income. Orders in the company's Order Book may be delayed, modified or cancelled, and letters of intent may be withdrawn or may not translate to confirmed orders. Any such instance may have an adverse impact on the company's business, results of operations and cash flows.
- The company may faces legal proceedings involving the Company, Promotors, Directors and KMP which may adversely affect its business, financial condition and results of operations.
- Inability to effectively manage project execution and operations may result in delays, increased costs, and adversely affect its business, financial condition and results of operations.
- The company's contracts and agreements contain liquidated damages clauses that could adversely affect its business operations, cash flows, and financial performance.
- The company has a large workforce deployed across various project locations and the company may be exposed to service-related claims and losses, or employee disruptions that could have an adverse effect on the company's business, results of operations, cash flows and financial condition.
Objectives Sai Urja Indo Ventures IPO
1. Funding the working capital requirements of the Company
2. Repayment/prepayment, in full or part, of certain loans availed by the Company
3. General Corporate Purpose
Company Contact Details
Sai Urja Indo Ventures Ltd.
UG-2 Office Floor,
J. K. Complex,
Nanaji Nagar Nagpur Road,
Chandrapur, Maharashtra, 442401
Phone: +919960815166
Email: headoffice@suiv.co.in
Website: https://suiv.co.in/
Registrar Contact Details
Sai Urja Indo Ventures FAQs
The Sai Urja Indo Ventures IPO is a SME public issue comprising 2208000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹24.95 Cr. The issue price has been fixed at ₹113 per equity share, and the minimum application size is 1200 shares.
The IPO opens for subscription on 25 Sep 2026, and closes on 29 Sep 2026.
Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE
As of now, the current GMP stands at ₹11 (9.73%).
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