Sai Urja Indo Ventures Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | 1.91x | 979,200 | 1,872,000 | ₹11 Cr |
| NII (HNI) | 9.90x | 302,400 | 2,995,200 | ₹3 Cr |
| Retail | 4.02x | 710,400 | 2,853,600 | ₹8 Cr |
| Market Maker | — | 216,000 shares (agg. up to ₹2 Cr) | — | ₹2 Cr |
| Σ Total | 3.88x | 1,992,000 | 7,720,800 | ₹23 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹135,600 |
| Retail (Max) | 13 | 15,600 | ₹1,762,800 |
| S-HNI (Min) | 14 | 16,800 | ₹1,898,400 |
| B-HNI (Min) | 67 | 80,400 | ₹9,085,200 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 66 | 46 | 29 |
| EBITDA | 5 | 5 | 1 |
| Profit After Tax | 3 | 1 | 0 |
| Net Worth | 8 | 5 | 3 |
| Total Assets | 21 | 14 | 14 |
| Total Borrowing | 5 | 2 | 5 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding the working capital requirements of the Company – 8.00
- Repayment/prepayment, in full or part, of certain loans availed by the Company – 6.00
- General Corporate Purpose –
Company Overview
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 handling control and instrumentation services for the biggest power plant in India, a 4,760 MW thermal power plant in Central India and another 3,000 MW plant in Northern India.
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).
As of March 31, 2025, the company had a team of 2,469 personnel, up from 1611 in 2024 and 1326 in 2023.
Competitve Strengths:
- 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