Mumbai, Sept. 23 -- The initial public offer of Saatvk Green Energy received bids for 9,38,08,544 shares as against 1,42,71,970 shares on offer, according to stock exchange data at 17:30 IST on Tuesday (23 September 2025). The issue was subscribed 6.57 times.

The issue opened for bidding on 19 September 2025 and it will close on 23 September 2025. The price band of the IPO is fixed between Rs 442 and 465 per share. An investor can bid for a minimum of 32 equity shares and in multiples thereof.

The IPO comprises offer for sale (OFS) of equity shares aggregating to Rs 200 crore and fresh issue of equity shares, aggregating to Rs 700 crore.

Of the OFS, the entire lot is by promoter shareholders,i.e., Parmod Kumar [Rs 112 crore] and Sunila...