19 Sep 2025 | 5 Mins Read
Saatvik Green Energy IPO sees 35% subscription on Day 1
Flipitmoney
Saatvik Green Energy's IPO received 35% subscription on the first day, with 49.82 crore shares bid against 142.71 crore shares on offer. The quota for retail investors got 55% subscription, while NIIs' quota attracted 33% subscription. Proceeds will be used to set up a 4 GW solar facility, repay borrowings, and fund general corporate purposes, valuing the company at Rs 5,910 crore.