Sael Industries Limited IPO

Sael Industries Limited IPO

Mainboard NSE & BSE 100% Book Built Offer

Price Band

Total Issue

₹4,575 Cr

Bid Dates

TBA - TBA

Subscription

-

Est. GMP

₹0 (-)

Business Overview

Sael Industries is a vertically integrated renewable energy independent power producer in India with capabilities across solar module manufacturing, engineering, procurement and construction, and operations and maintenance of power projects. As of September 30, 2025, the Company had a total contracted and awarded capacity of 5,765.70 MW, comprising solar and agri waste-to-energy projects, along with 3,625 MW of advanced TopCon solar module manufacturing capacity. It generates revenue by supplying power to central and state government utilities as well as private industrial customers. Leveraging its integrated model, Sael Industries delivers end-to-end renewable energy solutions across the power value chain.

Objects of Issue

  1. Investment in subsidiaries SAEL Solar P5 and SAEL Solar P4 for repayment or prepayment of their borrowings
  2. General corporate purposes

Sael Industries IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Sael Industries IPO
Particulars Jun-25 Mar-25 Mar-24 Mar-23
Revenue 260.78 664.77 558.47 388.93
PAT -58.31 -280.95 -267.14 -84.61
Net Worth -338.92 -281.03 -131.52 134.05
Borrowings 9,922.75 8,162.03 2,214.87 1,655.75
Assets 12,456.86 10,917.27 3,852.62 2,471.17
NAV (₹) -2.64 -2.32 -1.10 1.51
EPS (₹) -0.45 -2.31 -2.23 -0.95

Key Performance Indicators (KPIs)

1

-

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

74.59%

Public

25.41%

Jasbir Singh 22.92%
Sukhbir Singh 18.96%
Laxit Awla 2.22%
Others 30.49%

Management

Jasbir Singh Chairman & MD
Laxit Awla CEO
Dushyant Kumar CFO

Registrar & Lead Managers

Company Details

Name: Sael Industries Limited

Address: H. No. 44, Model Town, Firozpur, Guruharsahai, Punjab, 152022, India

Number: +91 11 4491 0011

Email: cs@sael.co

Website: https://www.sael.co