IPO details
- Price band
- ₹113.0 – ₹113.0
- Lot size
- 1,200 shares
- Minimum investment
- ₹2,56,800 / 2,400 shares (2 Lots)
- Subscription
- 4.38x
- Issue dates
- 2026-09-25 – 2026-09-29
- Listing date
- 2026-10-05
- Issue size
- ₹24.95 Cr
- IPO document
- RHP PDF
Live Grey Market Premium, subscription demand, price band & listing estimates
Sai Urja Indo Ventures is an operation and maintenance (O&M) services company for industrial plants, primarily in the power generation industry, as well as the iron and steel and agrochemical industries. Its services cover electrical, mechanical, and control and instrumentation maintenance, along with operations of boiler-turbine-generator units, coal handling plants, and merry-go-round systems in power plants. The company also provides industrial housekeeping, equipment overhauls, and skilled and unskilled manpower supply. Its services are provided through annual maintenance contracts, performance-based contracts, manpower supply contracts, and short-term bill of quantity contracts. Over the last three years, the company has served 21 locations across nine states and executed more than 45 projects as of June 15, 2026. It holds valid electrical licences in Maharashtra, Uttar Pradesh, Bihar, Jharkhand, and Madhya Pradesh. The company operates from its registered office in Chandrapur and corporate office in Nagpur.
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GMP is unofficial and speculative; it does not guarantee listing performance.
Track verified daily closing grey market snapshots, price progression, and estimated listing expectations leading up to exchange debut:
| Date | IPO GMP (₹) | Day's Movement | Est. Listing Price | Est. Gain (%) | Source Freshness |
|---|---|---|---|---|---|
| 2026-10-03 | +₹18.00 | ⚡ Base Rate | ₹131.00 | +15.93% | Historical Archive (T-1 Cutoff 2026-10-03) |
Grey Market Premium (GMP) data reflects unofficial over-the-counter quotes between private brokers. It does not represent guaranteed exchange pricing or SEBI-regulated trading.
As per latest market dealer indications, Sai Urja Indo Ventures IPO Grey Market Premium (GMP) is recorded at +₹18.00 (16%). Grey market premium is unofficial, speculative, and subject to rapid change.
Based on the upper price band of ₹113.0 and recorded GMP of ₹18.00, the estimated listing price is ₹131.00 (an implied gain of 15.93%).
The issue bidding opens on 2026-09-25 and closes on 2026-09-29. The tentative listing date on the exchanges is 2026-10-05.
The price band is ₹113.0 to ₹113.0 per equity share. The minimum bid lot size is 1,200 shares, requiring a minimum investment of ₹2,56,800 / 2,400 shares (2 Lots).
Once the basis of allotment is finalized, you can verify your allotment status online on our IPO Allotment Portal, the official registrar, or directly through BSE and NSE using your PAN card number.