Sai Urja Indo Ventures Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 30 Sept 2026, 2:11 am IST

Sai Urja Indo Ventures Limited’s SME IPO closes for subscription today, September 29, 2026. The basis of allotment is expected to be finalised on September 30, 2026, and the shares are scheduled to list on the BSE SME platform on October 5, 2026.

Sai Urja Indo Ventures IPO is a book build issue of ₹24.95 crore. The issue comprises a fresh issue of 18.29 lakh shares aggregating to ₹20.67 crore and an offer for sale of 3.79 lakh shares aggregating to ₹4.28 crore.

Sai Urja Indo Ventures Limited is a book-built BSE SME IPO with a price band of ₹107–₹113 per equity share. The bidding window opened on September 25, 2026, and closes today, September 29, 2026.

The basis of allotment is expected to be finalised on September 30, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on October 1, 2026, while the shares are scheduled to list on BSE SME on October 5, 2026.

The IPO has a market lot of 1,200 shares. At the upper price band, one lot costs ₹1,35,600. The minimum retail application is two lots, or 2,400 shares, requiring ₹2,71,200.

Shannon Advisors Pvt. Ltd. is the book running lead manager.

Investors can check Sai Urja Indo Ventures IPO allotment status after the basis of allotment is finalised through Maashitla Securities Private Limited, the registrar to the issue, or through the NSE/BSE IPO-status facilities.

How to Check Sai Urja Indo Ventures IPO Allotment Status Online on BSE?

Visit the BSE IPO allotment-status page.
Select “SME” under Issue Type.
Choose “Sai Urja Indo Ventures Limited” from the Issue Name dropdown after the allotment data is published.
Enter your Application Number or PAN.
Tick the “I’m not a robot” captcha.
Click on Search to view your application and allotment status.

How to Check Sai Urja Indo Ventures IPO Allotment Status on the Registrar’s Website?

Visit the official Maashitla Securities IPO allotment-status website.
Select “Sai Urja Indo Ventures Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
Choose PAN, Application Number or DP ID/Client ID as the search method.
Enter the required details.
Complete the captcha verification.
Click on Submit or Search to view your allotment result.

Sai Urja Indo Ventures IPO Details

Sai Urja Indo Ventures’ IPO is priced in the range of ₹107–₹113 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on the BSE SME platform.

The IPO opened on September 25, 2026, and closes on September 29, 2026. The basis of allotment is expected on September 30, 2026, refunds and demat credits are expected on October 1, 2026, and the shares are scheduled to list on BSE SME on October 5, 2026.

The market lot comprises 1,200 shares, requiring ₹1,35,600 at the upper price band. The minimum retail application is two lots, or 2,400 shares, requiring ₹2,71,200. Applications can be made in permitted multiples of 1,200 shares thereafter.

Allocation Quota for Sai Urja Indo Ventures IPO

Investor Category	Shares	% of Net Issue	% of Total Issue
QIB	9,79,200	49.16%	44.35%
– Anchor Investor	5,86,800		26.58%
– QIB (Ex. Anchor)	3,92,400		17.77%
NII (HNI)	3,02,400	15.18%	13.70%
– bNII > ₹10L	2,01,600		9.13%
– sNII < ₹10L	1,00,800		4.57%
Retail	7,10,400	35.66%	32.17%
Firm Reservations
Market Maker	2,16,000		9.78%
Total	22,08,000	100.00%	100.00%

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by Maashitla Securities will be definitive.

Sai Urja Indo Ventures IPO – Overall Subscription Status

As of the latest available update on September 29, 2026, at 6:53:18 PM (Day 3), the Sai Urja Indo Ventures IPO was subscribed 4.95 times overall. The non-institutional investor (NII) category was subscribed 9.90 times, the QIB (Ex Anchor) category 2.80 times, and the retail (Individual Investors) category 4.04 times. These figures may change slightly following exchange reconciliation after the issue closes.

Sai Urja Indo Ventures IPO Subscription Details

Category	Subscription (x)	Shares Offered	Shares Bid For	Total Amount (₹ Crore)
Market Maker	1	2,16,000	2,16,000	2.441
QIB (Ex Anchor)	2.80	3,92,400	10,99,200	12.421
NII	9.90	3,02,400	29,95,200	33.846
— bNII (> ₹10L)	9.93	2,01,600	20,02,800	22.632
— sNII (< ₹10L)	9.85	1,00,800	9,92,400	11.214
Individual Investors	4.04	7,10,400	28,68,000	32.408
Total	4.95	14,05,200	69,62,400	78.675

Note: Shares Offered and Total Amount are calculated at the upper price band. The Total row excludes the Anchor and Market Maker portions, and the NII figures exclude the Market Maker portion.

Sai Urja Indo Ventures Business Overview

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.

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.

Sai Urja Indo Ventures IPO allotment status is expected to be available on September 30, 2026, after approval of the basis of allotment. Investors should check Maashitla Securities or BSE using their PAN, application number or DP ID/Client ID.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions.

Investments in the securities market are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 29, 2026, 8:41 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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