Sai Urja(C)SME
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Sai Urja Indo Ventures Limited offers Operation and Maintenance (O&M) and support services in industrial plants, primarily focusing on the power generation industry as well as iron & steel and agrochemicals sectors.
Price Band
₹113 - ₹113
Lot Size
2400 Shares
Issue Size
₹24.95 Cr
Fresh Issue
₹20.67 Cr
OFS
₹4.28 Cr
Registrar
AI Sentiment Score
Current GMP
+₹8
Est. Listing: ₹121 (+7.1%)
📅 IPO Timeline
✓
Open
Sep 25, 2026
✓
Close
Sep 29, 2026
✓
Allotment
Sep 30, 2026
✓
Refund
Oct 1, 2026
5
Demat
Oct 1, 2026
6
Listing
Oct 5, 2026
✨ AI Analysis & Prediction
+6.6%
predicted listing gain
Sai Urja Indo Ventures Limited demonstrates steady financial growth with strong return ratios like ROE of 42.44% and ROCE of 50.66%. Subscription numbers are modest with total subscription at 4.95x, supported by a low issue size of ₹24.95 crores and a positive grey market premium.
💪 Strengths
- Strong return ratios with ROE of 42.44% and ROCE of 50.66%
- Consistent top-line and bottom-line growth over the past three fiscals
- Robust order book with active projects in power generation and industrial sectors
⚠️ Weaknesses
- Relatively small issue size of ₹24.95 crores which may restrict high liquidity post-listing
- Moderate subscription figures compared to highly hyped SME peers
🚀 Opportunities
- Expansion into new industrial verticals requiring plant maintenance and calibration
- Growing demand for efficient operation and maintenance services in the power sector
🛡️ Threats
- Customer concentration risks in industrial and power sectors
- Intense competition in the industrial O&M and support services domain
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 45.88 Cr | Rs 65.82 Cr | Rs 85.64 Cr |
| Net Profit / PAT (₹ Cr) | Rs 1.39 Cr | Rs 3.13 Cr | Rs 4.19 Cr |
| Total Assets (₹ Cr) | Rs 13.95 Cr | Rs 21.11 Cr | Rs 24.25 Cr |
| ROE % | 42.44% | NA | NA |
| ROCE % | 50.66% | NA | NA |
| Debt / Equity | 0.59 | NA | NA |
📋 Live Subscription Status
QIB
2.80x
NII
9.90x
Retail
4.04x
Total
4.95x
Updated: Oct 2, 2026 6:37 PM
💼 Reservation Quota
QIB
50.00%
Retail
35.00%
NII
15.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company provides a wide range of O&M services including breakdown, predictive, and preventive maintenance, condition monitoring, and instrument calibration for power plants and industrial units. As of mid-June 2026, it held 17 active projects with ₹7,165.10 lakh in pending execution and four upcoming projects valued at ₹2,536.74 lakh.
The IPO is a book-built issue to raise ₹24.95 crores with a price band of ₹107 to ₹113 per share. It consists of a fresh issue of ₹20.67 crores and an offer for sale of up to 3,79,200 equity shares. The minimum market lot is 2400 shares amounting to ₹2,71,200.