Sai Urja IPO Listing Details
| Listing Date | 5th October, 2026 |
| BSE Code | 544958 |
| ISIN Code | INE1LLG01019 |
| Offer Price | ₹107 to ₹113 |
| Face Value | ₹10 |
| Listing Price | ₹133.80 |
Sai Urja IPO Details
Sai Urja received SEBI approval for its ₹24.95 crores IPO via a fresh issue of ₹20.67 crores and offer for sale up to 3,79,200 equity shares with face value of ₹10 each. The IPO price band is ₹107 to ₹113 per share.
Sai Urja IPO Share Distribution
- Moreover, the retail category had 2400 shares in a 2-lot size in the minimum and maximum applications.
- S-HNI Minimum had 3600 shares in 3 lot sizes.
- S-HNI Maximum had 8400 shares in 7 lot sizes.
- B-HNI Minimum had 9600 shares in 8 lot sizes.
To participate in this IPO, each investor group has a tailored investment range.
- Retail Minimum Application: ₹2,71,200.
- Retail Maximum Application: ₹2,71,200.
- S-HNI Minimum Application: ₹4,06,800.
- S-HNI Maximum Application: ₹9,49,200.
- B-HNI Minimum Application: ₹10,84,800.
Sai Urja IPO Subscription Duration
The opening date of the Sai Urja IPO subscription was September 25, 2026, and the closing date was September 29, 2026. The Sai Urja IPO allotment was finalised on September 30, 2026, and the IPO listing is on October 5, 2026.
Sai Urja IPO Funds Utilisations
- Funding the working capital requirements of the Company
- Repayment/prepayment, in full or part, of certain loans availed by the Company
- General Corporate Purposes
About Sai Urja IPO
Sai Urja Indo Ventures Limited is one of the leading companies in terms of offering 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.
Further, they provide a wide range of operation & maintenance services, including breakdown, predictive and preventive maintenance, condition monitoring, all field instruments calibration and testing, and other related activities for power plants and other industries. Moreover, as of mid-June 2026, the company holds 17 active projects with ₹7,165.10 lakh in pending execution, along with another four upcoming projects valued at ₹2,536.74 lakh that have yet to begin.