| Check SAEL Industries DRHP filing with SEBI. | Check SAEL Industries IPO allotment |
SAEL Industries (Sustainable & Affordable Energy for Life) operates in the renewable energy and waste-to-energy sector and focuses on converting agricultural residue and waste into sustainable energy solutions. Its portfolio revolves around developing and running biomass-based power plants, contributing to clean energy generation and environmental sustainability.
SAEL Industries is raising money via IPO of which Fresh Issue is ~ ₹3750 Crore Offer for Sale of ~ ₹825 Crore.
Subscription date to apply for SAEL Industries is yet to be announced. Price band for the IPO is also pending to be declared.
Revenue, PAT, EBITDA of SAEL Industries
| Year | Fiscal 2025 |
| Networth | ~ ₹ -281.03 Cr |
| Revenue: | ~ ₹ 730.5 Cr |
| EBITDA | ~ ₹ 141.91 Cr |
| PAT | ~ ₹ -280.94 Cr |
| EBITDA Margin: | ~19.43% |
| PAT Margin | -38.46% |
SAEL Industries Financials (Consolidated Figures)
| Year (Approx Values) | Revenue (₹ Cr) | Profit (₹ Cr) | Assets (₹ Cr) | Net Worth (₹ Cr) |
| 2023 | ₹ 398.1 | ~ ₹ -84.6 | ₹ 2,471.2 | ₹ 134.0 |
| 2024 | ₹ 587.0 | ~ ₹ -267.1 | ₹ 3,852.6 | ~ ₹ -131.5 |
| 2025 | ₹ 730.5 | ~ ₹ -280.9 | ₹ 10,917.3 | ~ ₹ -281 |
SAEL Industries IPO Grey market premium today
| Date | IPO Price | IPO GMP | GMP Trend | Estimated listing | Estimated profit per lot |
| 11-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 10-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 09-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 08-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
| 07-Dec | ₹ TBA | ₹ NA | – | ₹ – | ₹ – |
SAEL Industries IPO Pros & Cons
Strengths:
- Strong renewable portfolio with large solar and agri-waste power capacity positions SAEL among India’s fastest-growing clean-energy players.
- Integrated model – from biomass collection to module manufacturing it boosts efficiency, margins, and long-term scalability.
- Rising demand for solar and green power in India supports multi-year growth visibility for the company’s contracted and upcoming projects.
- Government support through clean-energy policies strengthens revenue stability and boosts the company’s long-term sustainability outlook.
- Expanding presence across multiple states diversifies operational risk and enhances long-term customer reach and market penetration.
Risks:
- High dependence on regulatory incentives means policy changes could impact profitability and project viability.
- Capital-intensive business model increases debt levels and financing risks during expansion cycles.
- Seasonal and supply-chain challenges in agri-waste sourcing may create fluctuations in biomass project efficiency.
- Intense competition from large renewable energy players may limit pricing power and market share growth.
- Execution risks in large solar projects may delay revenue timelines and affect overall returns for investors.
SAEL Industries: IPO date & invest detail
| IPO Open Date: | TBA |
| IPO Close Date: | TBA |
| Anchor Investor Bidding | TBA |
| IPO Allotment Date: | TBA |
| Refunds & Demat Credit | TBA |
| Tentative Listing Date: | TBA |
| IPO Category | Mainboard |
| Symbol | |
| Face Value: | Rs. 05 per Equity Share |
| Issue Size: | ₹ 4575 Crore |
| Lot Size: | TBA |
SAEL Industries IPO Composition & Proceeds
| Fresh Issue: | ₹ 3750 Crore |
| Offer for Sale: | ₹ 825 Crore |
| Employee reservation | – |
| Price Range | TBA |
| Use of Proceeds: | |
| Borrowing payment & Investment in its Solar subsidies | ~ ₹ 2812.50 Cr |
| Working Capital Requirement | – |
| Technology & Infrastructure | – |
| General Corporate Purpose | Balance |
| IPO Listing on: | BSE – NSE |
| Retail Quota: | ≤ 10% |
| QIB Quota: | ≥ 75% |
| NII Quota: | ≤ 15% |
SAEL Industries Lot Size details
| Application Type | Lot Size | No. of Lots | No. of Shares | Investment Amount |
| Retail(Min) | – | 1 | – | ₹ – |
| Retail (Max) | – | 13 | – | ₹ – |
| Small HNI (Min) | – | 14 | – | ₹ – |
| Small HNI (Max) | – | 66 | – | ₹ – |
| Big HNI (Min) | – | 67 | – | ₹ – |
Core Offerings of SAEL Industries
SAEL Industries is a fully‑integrated renewable energy company. It operates utility‑scale solar power generation (solar IPP), converting agri‑waste‑to‑energy i.e., biomass from agricultural residue, and in‑house solar module manufacturing using TOPCon technology.
SAEL Industries Promoters – Pre offer equity (Approx)
| Jasbir Singh | ~22.92% |
| Sukhbir Singh | ~18.96% |
| Laxit Awla | ~2.22% |
Lead Managers / Registrars of SAEL Industries
| Lead / Book Running Lead Managers | Kotak Mahindra Capital Company Ltd., JM Financial Ltd., Ambit Pvt Ltd, ICICI Securities Ltd. |
| Registrar (RTA) | KFin Technologies Limited |
Founding Year of SAEL Industries & Managing Director
SAEL Industries was incorporated on 25 April 2022.
Mr. Laxit Awla is the MD & CEO of the company.
SAEL Industries FAQ
Q1. What is the business of SAEL Industries?
SAEL is an integrated renewable-energy company operating large-scale solar power projects, agri-waste-to-energy plants, and in-house solar-module manufacturing.
Q2. Why is the company raising funds via IPO?
Motive of the company to raise money via IPO is for repayment of existing debt, fund its subsidiaries’ expansion (solar module manufacturing & project build-out), thus supporting growth of its renewable energy platform.
Q3. What is the size of the issue and where will it list?
The issue size consists fresh issue of ₹ 3,750 cr & Offer for Sale of ₹ 825 Cr, and it will be listed on the BSE & NSE platform.
Q4. What are the risks to an investor?
Risks include heavy debt burden on consolidated basis, sensitivity to regulatory or policy changes, and challenges in delivering large-scale solar/agri-waste projects on time.
Q5. What are the potential upsides?
SAEL’s large 5,765.7 MW contracted renewable-capacity and diversified solar + waste-to-energy + manufacturing model could offer strong growth and long-term returns.
Q6. How to apply for the IPO?
You can apply for the IPO Via your brokerage/demat account when the IPO opens.
Q 7. When is the tentative listing date?
Expected listing date is yet to be announced.
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For further information you can visit official website of SAEL Industries.
