New Delhi, Sept. 18 -- Saatvik Green Energy IPO in focus: Saatvik Green Energy's initial public offering (IPO) is set to open for subscription tomorrow, September 19, and will remain open until Tuesday, September 23.

The company plans to raise Rs.900 crore through the offering, consisting of a fresh issue of 1.51 crore shares aggregating to Rs.700 crore and an offer for sale of 0.43 crore shares aggregating to Rs.200 crore.

The IPO price band has been fixed at Rs.442 to Rs.465 per share. Retail investors can bid for a minimum of 32 shares in one lot and up to 13 lots. At the upper end of the price band, Rs.465 per share, the minimum investment required for retail investors would be Rs.14,880 per lot.

The company proposes to utilize the...