Sai Urja Indo Ventures Limited IPO Details

Factual IPO information from public filings. Not investment advice.

Issue Details

Price Band: ₹107 – ₹113
Lot Size: 1,200 shares
Min. Investment: ₹1,35,600
Total Issue Size: ₹24.95 Cr; 22,08,000 shares
Fresh Issue: ₹20.67 Cr; 18,28,800 shares
Offer for Sale: ₹4.28 Cr; 3,79,200 shares
Face Value: ₹10 per share
Issue Type: Book-built IPO
Listing At: BSE SME
Shares Pre-Issue: 58,10,000
Shares Post-Issue: 76,38,800

Lot Size & Investment

1 lot = 1,200 shares

Retail (min)

2 lots · 2,400 shares

Retail (max)

2 lots · 2,400 shares

S-HNI (min)

3 lots · 3,600 shares

Application	Lots	Shares	Amount
Retail	2	2,400	₹2,71,200
Small HNI (S-HNI)	3	3,600	₹4,06,800
Big HNI (B-HNI)	8	9,600	₹10,84,800

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
Period	Mar-26	Mar-25	Mar-24
Assets	24.25	21.11	13.95
Total Income	85.64	65.82	45.88
Profit After Tax	4.19	3.13	1.39
EBITDA	6.51	5.14	2.93
Net Worth	12.2	7.76	4.72
Reserves & Surplus	6.39	1.95	4.71
Total Borrowing	7.18	5.35	2.15

Key Performance Indicators

Key performance indicators
Period	Mar-26
ROE (%)	42.44
ROCE (%)	50.66
EPS (₹)	5.39
P/E (pre-issue)	20.96
P/E (post-issue)	27.56

About Sai Urja Indo Ventures Limited

Incorporated in 2012, Sai Urja Indo Ventures Limited is offers Operation and Maintenance (O&M) and other support services in industrial plants, primarily in 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). The services are delivered through four types of contracts based on the tenders which include: Annual Maintenance Contracts (for one to three years), Performance-Based Contracts (linked to plant output or reliability), Manpower Supply Contracts and Short-Term Bill of Quantity Contracts (for temporary needs). As on June 15, 2026, they have 17 on-going projects for which Rs. 7,165.10 Lakhs worth project execution is pending and 4 projects worth Rs. 2,536.74 Lakhs whose execution is yet to commence. 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. As on June 30, 2026, they have 1969 employees, who look after day-to-day business operations, HR & accounting functions. Competitve 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