Sai Urja Indo Ventures Share Price

Sai Urja Indo Ventures Limited was incorporated as 'Sai Urja Indo Ventures Private Limited' dated May 17, 2012 with Registrar of Companies, Maharashtra, Mumbai. Upon the conversion of Company into a public limited company, the name of Company was changed to 'Sai Urja Indo Ventures Limited' and a fresh Certificate of Incorporation dated February 06, 2025 was issued by the Central Processing Centre. The Company is offering Operation and Maintenance (O&M) and other support services in industrial plants, in power generation industry and other industries like iron & steel and agrochemicals. Their 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 Company commenced the business in 2012, while it received first electrical license in Maharashtra from the Licensing Board of Industries, Energy and Labour Department. In 2013, it expanded to Rajasthan and gradually obtained licenses in Uttar Pradesh, Bihar, Jharkhand and Madhya Pradesh. The Company secured projects at Adani Power, (Tiroda, Maharashtra & Kawai, Rajasthan) related to Electrical, control and instrumentation & housekeeping related works in 2014. It further expanded into different business verticals such as Coal Handling Plant (CHP) comprising of wagon handling, Loco & HMV Operation & Maintenance (O&M) works. The Company expanded the scope of business to other states of Karnataka, Telangana and Chhattisgarh in 2017. It further taken the work of CHP Maintenance comprising of Wagon Tippler Maintenance & Conveyor Belt Maintenance in 2018. The Company diversified into Steel Plant and Fertilizer Plant Industry, secured Annual Housekeeping Contract for Non-Plant Buildings, Road & Drains at Baurani Site, Bihar in FY22. Company is planning the IPO of 33,78,000 equity shares of face value Rs 10 each, comprising a fresh issue of 30,66,000 equity shares and the offer for sale of 3,12,000 equity shares.