19 Sep 2025 | 5 Mins Read
Subcribe to Saatvik Green Energy Ltd IPO, recommends Deven Choksey
Flipitmoney
Saatvik Green Energy Ltd is a leading solar PV module manufacturer in India, with a 3.8 GW capacity across three facilities. It has supplied over 2.5 GW modules globally since inception and offers services like EPC and O&M. Valuation is fairly priced at 20.0x TTM EV/EBITDA, with potential for improvement in margins driven by new module and cell capacity.