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Back Office| Sai Urja Indo Ventures Ltd |
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| Registered Office: UG-2 Office Floor J.K.Complex, Nanaji Nagar Nagpur Road, Chandrapur - 442401, Maharashtra |
| Phone: 1 |
| Email: 1 |
| Website: 1 |
| Initial public offer of up to 22,08,000 equity shares of Rs. 10/- each ("Equity Shares") of Sai Urja Indo Ventures Limited ("Sai Urja" or the "Company" or the "Issuer") for cash at an offer price of Rs. 113 per equity share (the "Offer Price"), aggregating up to Rs. 24.95 Crores ("The Offer"), comprising of a fresh issue of up to 18,28,800 equity shares of face value of Rs. 10/- each aggregating to Rs. 20.67 Crores by the company ("Fresh Issue") and an offer for sale of up to 3,79,200 equity shares of face value of Rs. 10/- each by Santosh Ajay Kumar Mittal and Harsh Ajaykumar Mittal ("the Promoter Selling Shareholders") aggregating to Rs. 4.28 Crores ("Offer For Sale"). Out of the offer up to 2,16,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 113 per equity share for cash, aggregating to Rs. 2.44 Crores will be reserved for subscription by the market maker to the offer ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 19,92,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 113 per equity share for cash, aggregating to Rs. 22.51 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 28.91% and 26.08%, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 113/- per equity share of face value of Rs. 10/- each. The floor price is Rs.113/- 11.3 times of the face value of the equity shares. Application shall be made for a minimum of 2 Lakhs and of 2 lots and in multiples of 1,200 equity shares thereafter. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 25-Sep-2026 | 29-Sep-2026 | 113.00 - 0.00 | 0.00 - 0.00 |
| Cr. | Lead Managers to the Issue |
|---|---|
| Project Cost | 18.14 |
| Project Financed through Current Offer | 24.95 |
| Post Issue Equity Share Capital | 7.64 |
| Issue Price | 113.00 |
| Projects |
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| Working capital requirements of the Company |
| Debt Repayment/prepayment, in full or part, availed by the Company |
| General corporate purposes |
| Promoted By |
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| Harsh Ajaykumar Mittal |
| Santosh Ajay Kumar Mittal |
| Mohan Radheshyam Chandak |
| BSE - SME |
| Registrar to the Issue |
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| Maashitla Securities Pvt Ltd |