IPO profile
Sai Urja Indo Ventures Limited
SAIURJA · BSE
- Price band
- ₹107 - ₹113
- Subscription
- Not available
Application & Issue Details
- Minimum Quantity
- 1200 shares
- Minimum Application
- ₹1,35,600
- Issue Size
- Rs. 25 Cr
- Face Value
- Not available
Company Overview
Sai Urja Indo Ventures Limited provides operation and maintenance services primarily to power generation facilities, along with industrial units in the iron, steel, and agrochemical sectors. The company’s core operations involve managing plant routines, electrical systems, control and instrumentation maintenance, housekeeping, and specialized industrial support activities. Revenue is primarily generated through fixed-price biennial and triennial service contracts awarded through competitive bidding processes by public sector undertakings and private companies. Operating mainly out of Maharashtra, the business relies on an in-house engineering and technical workforce to execute projects across multiple Indian states. The company specializes in thermal power plant operations, maintaining equipment performance, and handling fuel logistics such as railway sidings and coal handling plants.
Important Dates
- Open Date
- 25 Sept 2026
- Close Date
- 29 Sept 2026
- Allotment Date
- Not available
- Listing Date
- 5 Oct 2026
Issue Timeline
- Issue open date
- Issue close date
- UPI mandate deadline
- Allotment finalization
- Refund initiation
- Share credit
- Listing date
- Mandate end date
- Lock-in end date for anchor investors (50%)
- Lock-in end date for anchor investors (remaining)
Subscription
Subscription data not available yet.
Actual Listing Performance
- Listing Date
- 5 Oct 2026
- Actual Listing Price
- ₹133.8
- Gain/Loss Per Share
- +₹20.8
- Gain/Loss Per Lot
- +₹24,960
- Listing Gain/Loss %
- +18.41%
- Measured Against
- ₹113
- Lot Size
- 1200 shares
Historical result from the reported listing price, compared with the upper price band (final issue price not reported). Excludes brokerage, taxes and charges.
Company Strengths & Risks
Reported strengths
- Long-standing track record in providing thermal power plant operation and maintenance services.
- Strong and growing order book value providing clear visibility on future revenues.
- Established long-term client relationships primarily with Public Sector Undertakings.
- Experienced promoter-led management team supported by a skilled technical workforce.
- Proven capability to execute multi-disciplinary industrial contracts across various geographical regions.
Key risks
- High revenue concentration with top 10 clients accounting for over 99% of total revenues.
- Significant business reliance on contracts awarded by Public Sector Undertakings.
- High workforce attrition rates can impact operational stability and project completion.
- Substantial working capital requirements lead to high cash flow vulnerability.
- Heavy revenue dependence on companies operating within the thermal power generation sector.
Company strengths and risks are informational summaries. Review the offer document for complete disclosures.
Documents & Coverage
IPO data last updated 25 Oct 2026, 12:31 pm IST · GMP: ipoalerts · listing price: NSE/BSE
This page is for informational and educational purposes only. It is not investment advice and not a recommendation to buy, sell, or apply for this IPO. GMP and subscription figures are unofficial/may change. Please make your own independent decision.