Sael Industries IPO Details
| IPO Open Date | 2026 |
| IPO Close Date | 2026 |
| Face Value | ā¹5 Per Equity Share |
| IPO Price Band | ā¹[.] to ā¹[.] Per Share |
| Issue Size | Approx ā¹4,575 Crores |
| Fresh Issue | Approx ā¹3,750 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type | Book Building Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus |  |
| RHP Draft Prospectus | |
Sael Industries IPO Review & Key Points
- Review:
Sael Industries IPO Market Lot
The Sael Industries IPO minimum market lot is [.] shares with ā¹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares of ā¹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | – | – | ā¹- |
| Retail Maximum | – | – | ā¹- |
| S-HNI Minimum | – | – | ā¹- |
| S-HNI Maximum | – | – | ā¹- |
| B-HNI Minimum | – | – | ā¹- |
IPO Reservation
| Investor Category | Share Offered | -% Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 75% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 10% |
Sael Industries IPO Anchor Investors
| Anchor Bidding Date | 2026 |
| Anchor Investors List | |
| Shares Offered | [.] Shares |
| Anchor Size | [.] Cr. |
| lock-in period end date 50% shares (30 Days) | 2026 |
| lock-in period end date 50% shares (90 Days) | 2026 |
Sael Industries IPO Dates
The Sael Industries IPO date is 2026 and the close date is 2026. The Sael Industries IPO allotment will be finalized on 2026 and the IPO listing on 2026.
| IPO Open Date: | 2026 |
| IPO Close Date: | 2026 |
| Basis of Allotment: | 2026 |
| Refunds: | 2026 |
| Credit to Demat Account: | 2026 |
| IPO Listing Date: | 2026 |
| IPO Bidding Cut-off Time: | 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Jasbir Singh, Sukhbir Singh, and Laxit Awla are the company promoters..
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 1,28,32,11,722 | 99.16% |
| Promoter Holding Post Issue | – | -% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores |
Investment in our Subsidiaries namely SAEL Solar P5 Private Limited and SAEL Solar P4 Private Limited for repayment/prepayment, in full or in part, of certain of their outstanding borrowings, interest accrued and prepayment penalties, as applicable | ā¹2,812.50 |
| General Corporate Purpose | ā¹- |
About Sael Industries IPO
Sael Industries was founded in 2022 and started a journey with solar panels instead of buying from somewhere else, and also works on EPC (Engineering, Procurement, and Construction).
As of September 30, 2025, its total contracted and awarded renewable capacity is 5,765.70 MW (8,464.40 MWp), including 5,600.80 MW (8,299.51 MWp) of solar projects, and 164.90 MW of agri waste-to-energy (AgWTE) projects.
Further, they are committed towards environmentally sustainable and economically workable energy solutions. Also, they have attempted towards Indiaās clean adoption and affordable energy projects.
They have strengths in leading the renewable energy power producer in India, a strong off-taker profile and long-term power purchase agreements.
Sael Industries IPO Company Financial Report
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2023 | ā¹398.12 | ā¹518.76 | ā¹71.07 | ā¹2,471.17 |
| 2024 | ā¹587.01 | ā¹846.14 | ā¹267.14 | ā¹3,852.62 |
| 2025 | ā¹730.52 | ā¹1021.56 | ā¹280.95 | ā¹10,917.27 |
| Jun 2025 | ā¹276.31 | ā¹357.29 | ā¹58.31 | ā¹12,456.86 |
Sael Industries IPO Valuation – FY2025
Check Sael Industries IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | 19.43% |
| PAT Margin: | 28.18% |
| Debt to equity ratio: | 6.27 |
| Earning Per Share (EPS): | ā¹2.31 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ā¹2.32 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Adani Green Energy Limited | 8.37 | 123.19 | 10.86 | 77.14 | 11212.00 Cr. |
| Acme Solar Holdings Limited | 4.55 | 62.23 | 4.70 | 88.63 | 1405.13 Cr. |
| NTPC Green Energy Limited | 0.67 | 151.46 | 2.58 | 26.17 | 2209.64 Cr. |
| ReNew Energy Group PLC | 10.92 | 61.63 | 3.56 | 295.29 | 9751.3 Cr. |
| Premier Energies Limited | 21.35 | 50.15 | 33.56 | 63.63 | 6518.75 Cr. |
| Waaree Energies Limited | 68.24 | 51.72 | 19.73 | 345.89 | 14444.50 Cr. |
| Vikram Solar Limited | 4.61 | 72.99 | 11.26 | 40.98 | 3423.45 Cr. |
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Ltd.
- Kotak Mahindra Capital Co.Ltd.
- JM Financial Ltd.
- Ambit Pvt.Ltd.
Company Address
Sael Industries Ltd.
H. No. 44, Model Town,
Firozpur, Guruharsahai
Firozpur, Punjab, 152022
Phone: +91 11 44910011
Email: cs@sael.co
Website: https://www.sael.co/
IPO Registrar
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: sael.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
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Note: The Sael Industries IPO price band and date are officially announced. The (Sael Industries IPO grey market premium) will be added to the IPO GMP page as it will start).
