Sai Urja Indo Ventures Limited
SMEBSE
Issue details
Price band
₹107 - ₹113
Lot size
1,200 shares
Issue size
₹25 Cr
Min. investment
₹1,35,600
Registrar
Maashitla Securities
Subscription
4.43x · 1,682 applications
Grey market premium
Est. gain+₹32 · 28%
Save your family's PANs once and check allotment for everyone the moment results are out.
Sign in with a mobile OTP. It takes 20 seconds.
IPO Timeline
Open
25 Sep
Close
29 Sep
Allotment
30 Sep
Listing
5 Oct
- Refunds & demat credit
- 1 Oct 2026
- Mandate end
- 14 Oct 2026
We calculate these dates from the allotment and close dates, so please treat them as indicative.
Application size
| Category | Minimum | Maximum |
|---|---|---|
| Retail | 1,200shares 1 lot · ₹1,35,600 | 1,200shares 1 lot · ₹1,35,600 |
| HNI | 2,400shares 2 lots · ₹2,71,200 | No limit funds permitting |
Based on the upper price band of ₹113 and a lot of 1,200 shares.
Subscription
| Quota | Shares offered | Shares bid | Applications | Subscribed |
|---|---|---|---|---|
| QIB | 3,92,400 | 10,99,200 | 7 | 2.80x |
| NII | 5,18,400 | 32,11,200 | 480 | 6.19x |
| Retail (IND) | 7,10,400 | 28,68,000 | 1,195 | 4.04x |
| Total | 16,21,200 | 71,78,400 | 1,682 | 4.43x |
Last updated 39 days ago.
Issue structure
Face value
₹10 per share
Issue type
Bookbuilding IPO
Sale type
Fresh capital cum OFS
Fresh issue
₹18 Cr
16,12,800 shares
Offer for sale
₹4 Cr
3,79,200 shares
Shares pre-issue
58,10,000
Shares post-issue
76,38,800
Valuation & ratios
| Metric | Pre-IPO | Post-IPO |
|---|---|---|
| EPS | 5.39 | 4.1 |
| P/E | 20.96 | 27.56 |
| Market cap | ₹65.65 Cr. | ₹86.32 Cr |
| KPI | Mar 31, 2026 |
|---|---|
| ROE | 42.44% |
| ROCE | 50.66% |
| Debt/Equity | 0.59 |
| RoNW | 42.44% |
| PAT Margin | 4.98% |
| EBITDA Margin | 7.65% |
| NAV | 20.99 |
| Price to Book Value | 8.46 |
Financials
| Metric | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| 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 | 12.2 | 7.76 | 4.72 |
| Assets | 24.25 | 21.11 | 13.95 |
| Reserves & surplus | 6.39 | 1.95 | 4.71 |
| Total borrowing | 7.18 | 5.35 | 2.15 |
Figures in ₹ crore, as reported by the company in its offer document.
Objects of the issue
- 1.Funding the working capital requirements of the Company₹8 Cr
- 2.Repayment/prepayment, in full or part, of certain loans availed by the Company₹6.6 Cr
- 3.General Corporate Purposes—
What the company says it intends to do with the money raised.
Recent comparable IPOs
| Company | Issue price | P/E | Listing close | Listing gain |
|---|---|---|---|---|
| Aegeus Technologies Ltd.SME | ₹105 | 15.98 | ₹130.70 | +24.48% |
| Propshop Events & Exhibitions Ltd.SME | ₹69 | 12.32 | ₹57.15 | -17.17% |
| PAN HR Solutions Ltd.SME | ₹78 | 8.41 | ₹78.01 | +0.01% |
| Armour Security India Ltd.SME | ₹57 | 17.53 | ₹43.35 | -23.95% |
| Dhara Rail Projects Ltd.SME | ₹126 | 21.43 | ₹157.50 | +25.00% |
| Clear Secured Services Ltd.SME | ₹132 | 23.36 | ₹113.05 | -14.36% |
| Sheel Biotech Ltd.SME | ₹63 | 8.86 | ₹95.55 | +51.67% |
| LEAP India Ltd.Mainboard | ₹159 | 104.61 | ₹144.93 | -8.85% |
| WeWork India Management Ltd.Mainboard | ₹648 | 67.75 | ₹628.65 | -2.99% |
Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.
Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 27 Sep 2026. Always verify against the RHP before applying.