Saatvik Green Energy IPO Allotment Status: A Step-by-Step Guide to Check Online
The share allotment process of the Saatvik Green Energy IPO pegged at ₹900 crores is expected to happen today, i.e., September 24, 2025. The IPO closed for bidding September 23, 2025, with the price band of shares ranging between ₹442-₹465 per share. The IPO of Saatvik Green Energy Ltd consisted of a fresh issue and an offer for sale of equity shares aggregating up to ₹700 crores and ₹200 crores, respectively.
Use of IPO Proceeds
The company proposes to utilise the IPO proceeds for:
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Prepayment or scheduled re-payment, in full or in part, of all or a portion of certain outstanding borrowings
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Investment in its wholly owned Subsidiary, Saatvik Solar Industries Private Limited, in the form of debt or equity for repayment/prepayment of borrowings, in full or in part, of all or a portion of certain outstanding borrowings
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Investment in its wholly owned Subsidiary, Saatvik Solar Industries Private Limited, for setting up of a 4 GW solar PV module manufacturing facility
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General corporate purposes
If you want to check the allotment status of Saatvik Green Energy Ltd IPO, you can do so online via:
Saatvik Green Energy IPO Subscription Status
(As on 23rd September 2025, 5:00 PM)
The table highlights the subscription of the Saatvik Green Energy Ltd IPO by various categories of investors.
2.03
3.54
| Date | QIB (Ex Anchor) | NII | NII (>₹10L) | NII (<₹10L) | Retail | Emp |obile_header | Total |
|---|---|---|---|---|---|---|---|
Day 1 | 0.01 | 0.70 | 0.47 | 1.16 | 0.93 | 2.03 | 0.62 |
Day 2 | 0.01 | 1.45 | 1.05 | 2.25 | 1.65 | 3.54 | 1.15 |
Day 3 | 11.41 | 10.57 | 11.28 | 9.13 | 2.81 | 5.59 | 6.93 |
Saatvik Green Energy IPO Allotment Date and Timeline
| Event | Date |
|---|---|
IPO opened on | September 19, 2025 |
IPO closed on | September 23, 2025 |
Basis of allotment | September 24, 2025 |
Initiation of refunds | September 25, 2025 |
Credit of shares to Demat account | September 25, 2025 |
Listing date | September 26, 2025 |
How to Check Saatvik Green Energy IPO Allotment Status?
You can check the allotment status through the following methods:
1. Registrar Website
- Visit the official website of KFin Technologies Ltd
- Click on ‘IPO Allotment Status’ from ‘Investors’ under ‘Products
- Click on any one of the appearing links
- Choose IPO name and enter either your application number, Demat account or PAN number
- Enter captcha and click on ‘Submit’ to know the status
2. NSE Website
The National Stock Exchange (NSE) has an IPO Bid Verification module. You can use it to check the status of Saatvik Green Energy Ltd IPO. Go to the NSE website and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'.
On the NSE IPO Bid Verification page, enter:
- Company name from dropdown
- Application number
- PAN
Then click 'Submit' to know the allotment status.
3. BSE Website
The Bombay Stock Exchange (BSE) also has an IPO allotment status page. Go to the BSE website and find the 'Investor Services' tab. Under 'Investors Services', click on 'Status of Issue Application'. This will take you to the IPO allotment status page. On the BSE IPO page, follow these steps:
- Choose the Issue Type
- Select the Issue Name from dropdown
- Put in either your application number or PAN number
- Check the box ‘I’m not a robot’
- Click on ‘Search’ to know allotment status
What If You Didn’t Get the Allotment?
If you didn’t receive allotment:
- Refunds will be initiated on or about September 25, 2025
- The amount will be credited to your bank account linked to UPI
On the other hand, if allotted, the shares will reflect in your Demat account by September 25, 2025.
When is Saatvik Green Energy Ltd Listing?
The shares are expected to be listed on BSE and NSE on or about September 26, 2025. You can track listing gains/losses on Kotak Securities.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.