IPO Details

Sai Urja Indo Ventures Limited IPO

Sai Urja Indo Ventures Limited logo
SME IPO
₹1,28,400

Minimum Investment

Exchange Listed · NSE / BSESEBI Regulated Issue

About Company

Company Name: Sai Urja Indo Ventures Limited

Industry / Sector: Operations & Maintenance (O&M) Services / Power & Industrial Services

Founded Year: 2012

Promoters: Harsh Ajaykumar Mittal, Santosh Ajay Kumar Mittal

Sai Urja Indo Ventures Limited offers Operation and Maintenance (O&M) and other support services in industrial plants, primarily in the power generation industry and other industries like iron & steel and agrochemicals. The company's 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. Its services are delivered through four types of contracts: Annual Maintenance Contracts, Performance-Based Contracts, Manpower Supply Contracts, and Short-Term Bill of Quantity Contracts. 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. As on June 30, 2026, they have 1,969 employees.

IPO Basic Details

Company NameSai Urja Indo Ventures Limited
IPO TypeSME IPO
Price Band₹107 – ₹113
Lot Size1200 Shares
Total Issue Size22,08,000 Equity Shares (₹24.95 Cr)

IPO Strengths & Risks

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

Risks

  • Dependence on the power and industrial sectors
  • Contract renewal and client concentration risks
  • Exposure to labour-related risks
  • Competition from other O&M service providers

IPO Important Dates

IPO Open Date25 Sep 2026
IPO Close Date29 Sep 2026
Basis of Allotment30 Sep 2026
Refund Initiation01 Oct 2026
Demat Credit Date01 Oct 2026
Listing Date05 Oct 2026
Anchor Investor Date-
UPI Mandate Deadline-

IPO Objectives

  • Capital expenditure for machinery and equipment – -
  • Funding working capital requirements – -
  • Debt repayment – -
  • General corporate purposes – Balance Amount

Investor Reservation

QIB Quota49.16% of Net Issue (9,79,200 shares)
Retail Quota35.66% of Net Issue (7,10,400 shares)
HNI Quota-
Employee Quota-
Shareholder Quota-
Anchor Investor Allocation-

Market Lot Details

ApplicationLot SizeSharesAmount
Retail Minimum2 Lots2400₹2,71,200
Retail Maximum2 Lots2400₹2,71,200
S-HNI Minimum3 Lots3600₹4,06,800
S-HNI Maximum7 Lots8400₹9,49,200
B-HNI Minimum8 Lots9600₹10,84,800

Key Performance Indicators (KPI)

ROE42.44%
ROCE50.66%
RoNW-
PAT Margin4.98%
EBITDA Margin7.65%
EPS₹5.39 (Pre-IPO), ₹4.10 (Post-IPO)
NAV per share-
Debt to Equity0.59
P/E Ratio-
Industry P/E-

Company Financial Data

PeriodAssetsTotal IncomePATEBITDANet WorthBorrowings
FY2026₹24.25 Cr₹85.64 Cr₹4.19 Cr₹6.51 Cr₹12.20 Cr₹7.18 Cr
FY2025₹21.11 Cr₹65.82 Cr₹3.13 Cr₹5.14 Cr₹7.76 Cr₹5.35 Cr
FY2024₹13.95 Cr₹45.88 Cr₹1.39 Cr₹2.93 Cr₹4.72 Cr₹2.15 Cr

Grey Market Premium

GMP PriceNot Available
Kostak RateNot Available
Subject to SaudaNot Available
Last UpdatedNot Available
Estimated Listing PriceTBA

IPO Subscription Data

Total SubscriptionPending
QIB (Ex Anchor)Pending
HNI SubscriptionPending
Retail SubscriptionPending
Anchor-

IPO Intermediaries

Registrar: Maashitla Securities Pvt. Ltd.

Registrar Website: Not explicitly stated in the source

IPO Lead Manager(s)

Shannon Advisors Pvt. Ltd.

Company Information

Address: UG-2 Office Floor, J. K. Complex, Nanaji Nagar Nagpur Road, Chandrapur, Maharashtra - 442401

Website: https://www.suiv.co.in

Email: headoffice@suiv.co.in

Phone: +91 9960815166

IPO Documents

Frequently Asked Questions (FAQ)

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