Issue Price
₹113
Per Share
GMP
NIL
Grey Market
Est. Listing
₹113
Expected Price
Min. Application
₹271,200
2 lots × 1200 shares
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 JobsOperation 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 industriesIncrease in repeat orders from existing clients with larger project valuesLarge orderbook facilitating sustainable growth in financial performanceLeadership with a track record, powered by a sizable team
Sai Urja Indo Ventures Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| QIB (Ex Anchor) | 979,200 | — | ₹11.06 Cr | 1.91x |
| NII / HNI | 302,400 | — | ₹3.42 Cr | 9.90x |
| Retail (RII) | 710,400 | — | ₹8.03 Cr | 4.02x |
| Market Maker | 216,000 | — | ₹2.44 Cr | — |
| TOTAL | 1,992,000 | 100.00% | ₹22.51 Cr | 3.88x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹135,600 |
| Retail (Max) | 13 | 15,600 | ₹1,762,800 |
| sNII (Min) | 14 | 16,800 | ₹1,898,400 |
| bNII (Min) | 68 | 81,600 | ₹9,220,800 |
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 65.82 | 45.88 | 28.51 |
| EBITDA | 5.14 | 5.14 | 0.72 |
| Profit After Tax (PAT) | 3.13 | 1.39 | 0.08 |
| Net Worth | 7.76 | 4.72 | 3.27 |
| Total Assets | 21.11 | 13.95 | 14.16 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | 5.35 | 2.15 | 4.89 |