Sai Urja Indo Ventures IPO Subscription Status Day 3: Issue Subscribed 4.95 Times

Authored By HDFC SKY | Last Modified: Sep 29, 2026 06:13 PM IST

Sai Urja Indo Ventures IPO Day 3 subscription status stood at 4.95x, with QIB at 2.80x, NII at 9.90x and individual investors at 4.04x as of September 29, 2026.

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Mumbai, September 29: Sai Urja Indo Ventures IPO remained open for subscription on its third and final day on September 29, 2026. The bookbuilding issue opened on September 25 and will close on September 29. The IPO comprises a fresh issue of 18.29 lakh shares aggregating up to ₹20.67 crore and an offer for sale of 3.79 lakh shares aggregating up to ₹4.28 crore. The price band is fixed at ₹107 to ₹113 per share. The lot size is 1,200 shares, with individual investors required to apply for a minimum of two lots, or 2,400 shares. At the upper price band, the minimum investment is ₹2,71,200.

Sai Urja Indo Ventures IPO Day 3 Subscription Status

As of 5:38:55 PM on September 29, 2026, the cumulative subscription stood at 4.95 times. The QIB portion excluding anchor allocation was subscribed 2.80 times, while NII demand stood at 9.90 times. Individual investors subscribed 4.04 times.

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

The cumulative subscription data was updated at 5:38:55 PM on September 29, 2026, marking Day 3 and the final day of the issue.

Sai Urja Indo Ventures Day-wise Subscription Summary

The cumulative subscription increased from 0.04 times on Day 1 to 4.95 times on Day 3.

Date	QIB (Ex Anchor)	NII	bNII (>₹10L)	sNII (<₹10L)	Individual Investors	Total
September 25, 2026 (Day 1)	0.00x	0.07x	0.05x	0.11x	0.05x	0.04x
September 28, 2026 (Day 2)	0.00x	0.08x	0.05x	0.14x	0.43x	0.23x
September 29, 2026 (Day 3)	2.80x	9.90x	9.93x	9.85x	4.04x	4.95x

Sai Urja Indo Ventures IPO Timeline

IPO Milestone	Date
Issue Open Date	September 25, 2026
Issue Close Date	September 29, 2026
Basis of Allotment Date	September 30, 2026
Initiation of Refunds	October 1, 2026
Credit of Shares	October 1, 2026
Listing Date	October 5, 2026

Brief Overview Of The Sai Urja Indo Ventures IPO

Sai Urja Indo Ventures IPO is a ₹24.95 crore bookbuilding issue comprising a fresh issue of 18.29 lakh shares aggregating up to ₹20.67 crore and an offer for sale of 3.79 lakh shares aggregating up to ₹4.28 crore. The IPO opened for subscription on September 25, 2026, and will close on September 29, 2026. The price band has been fixed at ₹107 to ₹113 per share, with a lot size of 1,200 shares. Individual investors need to apply for a minimum of two lots, or 2,400 shares, amounting to ₹2,71,200 at the upper price band. The minimum HNI application is three lots, or 3,600 shares, requiring ₹4,06,800 at the upper price band. The IPO is scheduled to list on the BSE SME platform, with the tentative listing date set for October 5, 2026. Shannon Advisors Pvt. Ltd. is the book running lead manager, while Maashitla Securities Pvt. Ltd. is the registrar to the issue.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4847&type=IPO&idtype=1&status=L&IPONo=7996&startdt=25%2F09%2F2026

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