care@investkraft.com
+91-9599071040
+91-9797971876
Download RHP
Latest GMP
- Lead Manager
- Shannon Advisors Private Limited
- IPO Registrar
- Maashitla Securities Private Limited
- IPO Open Date
- 25th Sep 2026
- IPO Close Date
- 29th Sep 2026
- Allotment date
- 30th Sep 2026
- Listing date
- 5th Oct 2026
- Issue Size
- ₹ 25 Cr.
- Issue Price Band
- ₹ 107 to 113
- Lot Size
- 1200 Share
- Minimum Investment
- ₹ 271200
Disclaimer: IPO details, GMP, subscription figures, and other related information are for informational purposes only and may not always be accurate or up to date. Please verify the latest details from official sources before investing.
About Sai Urja Indo Ventures Limited
Incorporated in 2012, Sai Urja Indo Ventures Limited offers 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.
The company work includes managing electrical, mechanical, and instrumentation systems, operating coal handling and merry-go-round systems in power plants, as well as ensuring plant cleanliness and safety through industrial housekeeping, equipment overhauls, and manpower supply.
Services
Maintenance Services
Electrical systems, Control & Instrumentation (C&I), Mechanical Jobs.
Operation Services
Coal Handling Plants (CHP), Merry-Go-Round (MGR), Boiler-Turbine-Generator (BTG).
Other Services
Industrial Housekeeping, Overhaul Works, Annual Overhaul (AOH) and Capital Overhaul (COH).
They offer 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.
Contract Types
The services are delivered through four types of contracts based on the tenders:
- Annual Maintenance Contracts (for one to three years)
- Performance-Based Contracts (linked to plant output or reliability)
- Manpower Supply Contracts
- Short-Term Bill of Quantity Contracts (for temporary needs)
Order Book (as on June 15, 2026)
- 17 ongoing projects for which ₹7,165.10 Lakhs worth of project execution is pending
- 4 projects worth ₹2,536.74 Lakhs whose execution is yet to commence
Workforce
As on June 30, 2026, they have 1,969 employees, who look after day-to-day business operations, HR & accounting functions.
Competitive Strengths
- Diversified O&M service solutions for power and other industries
- Increase in repeat orders from existing clients with larger project values
- Large orderbook facilitating sustainable growth in financial performance
- Leadership with a track record, powered by a sizable team
IPO Subscription Details
| Category | Shares Offered | Shares Applied | Subscription Times (x) |
|---|---|---|---|
| Total | 14,05,200 (100.00%) | -- | 0.00 |
Grey Market Premium (GMP)
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit* | Last Updated |
|---|---|---|---|---|---|
| 18-09-2026 | ₹113 | ₹0 | ₹113 ( 0.00% ) | ₹0.00 | 18-Sep-2026 10:41 AM |
Financials of Sai Urja Indo Ventures Limited
A quick overview of the key Financial Performance of Sai Urja Indo Ventures Limited.
Total Assets (₹ Cr)
Revenue (₹ Cr)
Profit after Tax (₹ Cr)
*All values are in Rs. Cr
Company Financials
Revenue increased by 30%, Profit after Tax (PAT) increased by 35%, Total Assets increased by 15% between FY2025 and FY2026.
| Period Ended | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 45.62 | 65.52 | 85.11 |
| Assets | 13.95 | 21.11 | 24.25 |
| Profit After Tax | 1.37 | 3.14 | 4.24 |
| EBITDA | 2.93 | 5.14 | 6.51 |
| Net Worth | 4.72 | 7.76 | 12.20 |
| Reserves & Surplus | 4.71 | 1.95 | 6.39 |
| Total Borrowings | 2.15 | 5.35 | 7.18 |
IPO Lot Size
Application
Lots
Shares
Amount
Individual Investors (IND) (Min)
2
2,400
₹ 2,71,200
Individual Investors (IND) (Max)
2
2,400
₹ 2,71,200
S-HNI (Min)
3
3,600
₹ 4,06,800
S-HNI (Max)
7
8,400
₹ 9,49,200
B-HNI (Min)
8
9,600
₹ 10,84,800
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual Investors (IND) (Min) | 2 | 2,400 | ₹ 2,71,200 |
| Individual Investors (IND) (Max) | 2 | 2,400 | ₹ 2,71,200 |
| S-HNI (Min) | 3 | 3,600 | ₹ 4,06,800 |
| S-HNI (Max) | 7 | 8,400 | ₹ 9,49,200 |
| B-HNI (Min) | 8 | 9,600 | ₹ 10,84,800 |
Key Performance Indicators (KPI)
| KPI | Latest |
|---|---|
| ROE (%) | 42.44 |
| ROCE (%) | 50.66 |
| Debt / Equity | 0.59 |
| RoNW (%) | 42.44 |
| PAT Margin (%) | 4.98 |
| EBITDA Margin (%) | 7.65 |
|
Pre IPO
Post IPO
|
|
| EPS (₹) |
7.29
-
|
| P/E (x) |
-
-
|
| Promoter Holding (%) |
92.87
70.62
|
IPO Lead Manager(s)
Lead Manager Details
- Shannon Advisors Private Limited
- Contact Person: Rishu Goyal
- SEBI Registration Number: INM000013174
- Investor Grievance Email: grievance@shannon.co.in
- Website: https://www.shannon.co.in
- Email: sme.ipo@shannon.co.in
- Phone: 011 42758011
- Address: 902, IX Floor, New Delhi House, 27, Barakhamba Road, Connaught Place, New Delhi, 110001
IPO Registrar
- Registrar Name
- Maashitla Securities Private Limited
- Phone
- 011-47581432
- Contact Person
- CA Mukul Agrawal
- SEBI Registration Number
- INR000004370
- Address
- 451, Krishna Apra Business Square, Netaji Subhash Place, Pitampura, Delhi - 110034, India
- Website
- https://maashitla.com/
Company Contact Details
- Company Name
- Sai Urja Indo Ventures Limited
- headoffice@suiv.co.in
- Phone
- +91 9960815166
- Contact Person
- Nikesh Subhash Zade
- Corporate Identity Number
- U74900MH2012PLC231235
- Address
- UG-2 Office Floor, J.K. Complex, Nanaji Nagar Nagpur Road, Chandrapur, Maharashtra, India, 442401
- Website
- https://suiv.co.in/
Sai Urja Indo Ventures Limited FAQs
