Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, on Tuesday, May 26, 2026, announced that,

The Company has received and accepted an order from a renowned Independent Power producer for the supply of solar PV modules. Source: BSE.

Order Information

According to the exchange data, Saatvik Green Energy (BSE Code: 544526, NSE Symbol: SAATVIKGL) has received and accepted an order (commercial order) from one renowned Independent Power producer (EPC Player) for the supply of solar PV modules.

The client is a leading EPC player in the country, but its name is being withheld for confidentiality reasons, a company spokesperson added.

It also said the promoter or promoter group has no interest in the awarding entity.

Saatvik Green Energy Secures Order For Solar PV Modules

Order Value

The aggregate value of the aforesaid order is INR 171.45 crores (Rupees One Hundred Seventy-one Crore and Forty-five Lakh Only), and the same has been received and accepted by the company.

Execution Period

According to the BSE data, the order will be executed by October 2026.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to saatvik green energy news for more details.

Company Overview & Others

Overview: Saatvik Green Energy Ltd. is a major player in the Indian solar energy sector and one of the fastest-growing module manufacturing companies in the country. The Company planned an IPO in September 2025.

Market Cap: Saatvik Green Energy has a total market capitalization of ₹5,800 crore as of May 27, 2026, according to the NSE data.

Technical: The stock is well placed above its 20-, 50-, and 100-day simple moving averages (SMAs).

Price Performance: On a year-to-date basis, Saatvik Green Energy’s share gained by 21% and by 24% over the last three-month period. However, the company’s shares have been trading 6% lower over the last month.

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Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Secures Order For Solar PV Modules appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Saatvik Green Energy Limited, one of the leading integrated solar energy solutions providers in India, on Wednesday (May 20, 2026) announced its audited financial results for the quarter and year ended March 31, 2026.

The Company posted strong operational and financial performance during FY2026, with revenue from operations growing by 111% y-o-y to ₹45,484 Million, marking the Company’s highest-ever annual revenue performance.

Financial performance: Highlights

Q4 FY26 revenue from operations stood at ₹16,077 Million, reflecting 75% Y-o-Y growth.

FY2026 EBITDA stood at ₹5,811 Million, up 62% Y-o-Y, while PAT increased 64% Y-o-Y to ₹3,571 Million (the highest-ever profitability performance for the company).

Debt-equity ratio improved significantly from 1.34 in FY2025 to 0.65 in FY2026, reflecting stronger balance sheet positioning.

The Solar Pump business achieved remarkable multi-fold growth in FY2026, with revenues surging nearly 19-fold (from ₹25 million to ₹472 million).

Operational Highlights (FY26)

Highest-ever annual production in FY26 was 3,162 MW, supported by an effective capacity utilization of 84.07%.

Order book remained strong at approximately 5.89 GW as of March 31, 2026, offering medium-term business visibility.

Ambala facility continued operations at 4.8 GW module manufacturing capacity during FY26.

Odisha integrated facility comprising 4 GW module and expanded 3.6 GW Phase 2 solar cell capacity remained on track, with tool moving expected to commence from Q1 FY27.

Successfully commissioned a 2 GW EPE encapsulant manufacturing facility with plans to expand capacity to 5 GW.

Saatvik Green Energy Q4 FY2026

Management Speech

Commenting on the performance, Prashant Mathur, Chief Executive Officer, Saatvik Green Energy Limited, said –

FY26 was a defining year for us, marked by our successful listing on the Indian stock exchanges and the delivery of our highest-ever Revenue, EBITDA, and PAT performance.

Supported by strong order execution, manufacturing scale-up and growing customer relationships, we achieved our highest-ever annual production of 3,162 MW with effective capacity utilization of 84.07%, further strengthening our position as one of India’s fastest-growing renewable energy companies.

He further added, FY2026 also marked important strategic milestones across our clean energy solutions portfolio.

Our order book stood at 5.89 GW with leading IPPs and utilities, while we expanded into transformer manufacturing, launched the UDAY Series of on-grid inverters, and strengthened our presence across hybrid and off-grid inverters and BESS solutions with B2C solar kits set to launch soon.

Our sustainability efforts were also recognized globally as Saatvik was awarded the Bronze Medal by EcoVadis and ranked in the 79th percentile among assessed companies worldwide.

Supported by favourable policy initiatives and India’s long-term renewable energy ambitions, we believe Saatvik is strongly positioned for its next phase of growth with expanding manufacturing capacities, stronger integration and sharper execution capabilities.

Outlook: FY2027

Saatvik enters FY2027 with a strong strategic roadmap centered around manufacturing integration, product diversification, and operational scale-up.

Key focus areas for the coming year include –

• Advancing Odisha integrated manufacturing expansion and commencement of tool moving activities from Q1 FY27.
• Scaling integrated module, solar cell, encapsulant, ingot and wafer manufacturing capabilities.
• Strengthening presence across distributed solar, inverter, transformer, Solar Pump and BESS ecosystems.
• Expanding high-efficiency and value-added product offerings across domestic markets.
• Continuing operational efficiency initiatives, backward integration and disciplined capital allocation.

Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Q4 FY2026 appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, today, April 21, announced that,

Saatvik Solar Industries Pvt. Ltd. (the material subsidiary of the Company) has received an order from the domestic EPC Player. Source: BSE.

Order Information

According to the exchange data, one of the renowned Independent Power Producers in the country has awarded Saatvik Solar Industries an order to supply Solar PV Modules.

It is a commercial order for the supply of solar photovoltaic modules, which has been received and accepted by the company.

The Company spokesperson added that the client is a major EPC player in India; however, its name has been withheld due to confidentiality reasons.

It also said the promoter or promoter group has no interest in the awarding entity.

Saatvik Green Energy Bags Solar PV Modules Order

Order Value

The aforementioned order has a total value of INR 71.25 crore (Rupees Seventy-one Crores and Twenty-five Lac Only).

Duration

The order will be executed by May 2026.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to Saatvik Green Energy News for more information.

Market Cap: The company’s market capitalization is ₹5,850 crore.

Technical: The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages.

Price Performance: On a year-to-date basis, Saatvik Green Energy’s share is up 22.70% and up by 31.35% over the last three-month period. However, the company’s shares are trading 24.20% higher over the last one-month period.

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Disclaimer: This article is purely for informational purposes. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Bags Solar PV Modules Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, on Thursday, April 9, 2026, said that,

Saatvik Solar Industries Private Limited, the material subsidiary of the company (Saatvik Green) has received an order from a domestic entity. Source: BSE.

Order Details

According to the exchange data, Saatvik Solar Industries has received an order from a renowned independent power producer for the supply of Solar Photovoltaic (PV) Modules.

The client is a leading EPC player in India; however, its name has been withheld due to confidentiality reasons, a company spokesperson added.

The nature of the order is commercial, and the same is accepted by the company.

Last month, on March 28, 2026, Saatvik Green has secured a major contract for the supply of Solar Cell for ₹638 crore.

Saatvik Green Energy Wins Solar PV Modules Order

Order Value

The aggregate value of the aforesaid Order is INR 108.75 crores (Rupees One Hundred Eight Crores and Seventy-Five Lac Only).

Duration

The order is scheduled to be completed within 6 months (September 2026) from the date of the purchase order, a company management official said.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to saatvik green energy news for more information.

Market Cap: The company’s market capitalization is ₹5,875 Cr.

Technical: The stock is currently trading above its 20-day, 50-day, and 100-day simple moving averages.

Price Performance: On a year-to-date (YTD) basis, Saatvik Green Energy’s stock has gain 22.85% and is up by 14.20% in the last three-month period. However, the company’s shares are trading 33.70% higher in the last one-month period.

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Disclaimer: This article is purely for informational purposes. The data presented here are for information & personal use only. While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Wins Solar PV Modules Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

KNR Constructions Limited, a leading EPC service provider with a presence across diverse infrastructure projects, on March 28, 2026, announced that,

The Company has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI). Source: BSE.

Order Details

According to information available on the exchange, the newly received order is for the construction of 4-laning of NH-167 from Gudebellur at Design Km. 182+930 to Mahabubnagar at Design Km 262+940 of Hyderabad – Panaji Section, with a total length of 80.01 km.

The project begins in the State of Telangana, India, under NH(O) on the Hybrid Annuity Mode (HAM).

KNR Constructions Wins NHAI Order

Order Value

The total value of the newly received order is ₹1,734 Crores (Rupees One Thousand Seven Hundred Thirty-four Crores Only).

Duration

The new order is to be executed over a period of 730 days (operation period of 15 years) from the date of the purchase order, according to a company spokesperson.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to knr constructions news for further details.

Market Cap: The company’s market capitalization is ₹3,100 Cr.

Technical: The stock is consistently trading below all its major simple moving averages (20-day, 50-day, 100-day, and 200-day) with all SMAs sloping downwards.

Price Performance: The stock declined by 51.60% over the last year, declined 32.70% YTD, declined 38.80% over the past three months, and declined 17.40% in the last month.

ALSO READ: Saatvik Green Energy Secures Solar Cell Order for ₹638.26 Crores

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post KNR Constructions Wins NHAI Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Saatvik Green Energy Limited, a company that manufactures modules and offers EPC services in India, on Friday, March 27, 2026, announced that,

Saatvik Solar Industries Private Limited, a material subsidiary of the company, has received an order from a reputed domestic entity. Source: BSE

Order Information

According to the exchange details, Saatvik Solar Industries Pvt Ltd has secured and accepted a commercial contract from a renowned solar modules manufacturer based in India for the supply of Solar Cell G12 R Type.

The name of the party is not disclosed due to a Non-Disclosure Agreement with the client, a company spokesperson added.

Saatvik Green Energy Secures Solar Cell Order

Order Value

The aggregate value of the aforesaid order is INR 638.26 Crores (Rupees Six Hundred Thirty-eight Crores and Twenty-six Lac Only).

Duration

According to the details available on BSE, the contract is to be executed over a period of 12 months (by March 2027) from the date of the Purchase Order.

Exchange Compliance

The Company has filed these details in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Refer to saatvik green energy news for the latest updates.

Market Cap: The company’s market capitalization is ₹4,875 Cr.

Technical: The stock is currently trading above its 20-day and 50-day Simple Moving Average.

Price Performance: The Company raised 900 Crores through the IPO and got listed on the exchanges on September 26, 2025.

READ: Saatvik Green Energy IPO Review

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy Secures Solar Cell Order appeared first on Upcoming ipos: Latest news on stocks, economy & finance.

Subsidiary company signed a Lease Agreement for Renewable Energy Manufacturing

Saatvik Green Energy Limited, one of India’s leading solar PV module manufacturers, on March 25, 2026, said that,

Saatvik Solar Industries Private Limited, a material subsidiary of the Company, has entered into a Lease Agreement with M P Industrial Development Corporation Limited (“Lessor”). Source: BSE

The lease agreement is for 185 acres of land (approximately 748,668 sq. m.) in the Manufacturing Zone for Power and Renewable Energy Equipment, bearing the address Plot No. 5, Industrial Area, Mohasa–Babai, Phase 2, Tehsil Makhan Nagar, District Narmadapuram, Madhya Pradesh, India.

Saatvik Green Energy has entered into an agreement to support future capacity expansion and operational synergies with the company’s existing facility, thereby strengthening its long-term growth strategy, a company spokesperson added.

Size of Agreement: Saatvik Solar Industries Private Limited (“Lessee”) will pay INR 11.17 Crores (excluding other applicable charges and duties) under the agreement.

Tenure: The tenure of the lease agreement is 99 (Ninety Nine) years.

Refer to saatvik green energy news for further details.

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18 September 2025

Saatvik Green Energy Limited, one of the fastest-growing module manufacturing companies in India, plans to raise ₹900 Crore through an IPO.

[Fresh Issue ₹700 Cr + OFS ₹200 Cr]

Saatvik green energy ipo price is ₹442 – ₹465 per share

Saatvik Green Energy: History

The Company was originally incorporated as Saatvik Green Energy Private Limited, a private limited company under the provisions of the Companies Act, 2013, on May 29, 2015.

The Company was converted into a public limited company under a special resolution passed by the shareholders on September 21, 2024, and its name was changed to Saatvik Green Energy Limited under a fresh certificate of incorporation issued by the RoC on October 3, 2024.

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Saatvik Green Energy: Business

Saatvik Green Energy Ltd. is a major player in the Indian solar energy sector and one of the fastest-growing module manufacturing companies in the country.

The Company has an operational capacity of approximately 3.80 gigawatts (GW) of modules, making it one of the top module producers in India for solar photovoltaic (PV) modules as of February 28, 2025.

According to the CRISIL Report, the company is regarded as one of the few in India that can manufacture modules in addition to engineering, procurement, and construction (with a 69.12 MW installed EPC base as of FY 2024).

Since its inception, the company has supplied more than 2 GW of high-efficiency solar PV modules both locally and abroad.

Portfolio

The Company’s solar energy products portfolio includes –

1. Monocrystalline passive emitter and rear cell “Mono PERC” modules,
2. N-TopCon solar modules,

Both types of company products are suitable for various applications, including commercial, residential, and utility-scale solar projects.

Completed Projects

A prominent EPC service provider, Saatvik Energy, installed 69.12 MW in Fiscal 2025 and completed major projects such as a 61.42 MW floating plant in Telangana and rooftop installations for Jindal Steel Limited.

Its domestic order book stood at 4.01 GW as of 31 March 2025.

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Diversified Client

The Company possesses one of the most diversified client bases in the industry, with presence in various segments, namely

• Large Utility,
• Commercial & Industrial,
• Open Access,
• Residential Rooftop, And
• Solar Pump.

Some of the important clients of the company are –

• Shree Cement Limited, SJVN Green Energy Limited, Prozeal Green Energy Limited, JSW Neo Energy Limited, and Megha Engineering & Infrastructure Limited.

Strategies Ahead

• Backward Integration into Cell Manufacturing
• Maintain position in the Solar Industry in the country.
• Focus on growing share of export sales and EPC services internationally.
• Expanding customer base in India and internationally
• Continue to develop and reinforce technology to manufacture quality modules.
• Expand the distribution network across India and create a retail brand for solar panels

Company Promoters

1. Neelesh Garg,
2. Manik Garg,
3. Manavika Garg,
4. SPG Trust

Refer to Saatvik Green Energy DRHP for detailed information.

IPO Details

Saatvik green energy ipo date = 19 to 23 September ‘25

Minimum Amount = ₹14,880

Minimum Bid = 32 Shares

Face Value (FV) = ₹2

Listing On = NSE, BSE

Book Running Lead Managers

DAM Capital Advisors

Ambit Private Limited

Motilal Oswal Investment Advisors

Financials

CONCLUSION

FinBlab recommends ‘SUBSCRIBE‘ ratings on Saatvik Green Energy IPO (keeping a long-term view in mind)

Do come back to know more about “upcoming ipos“

Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “FinBlab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.

The post Saatvik Green Energy IPO – Review, Update appeared first on Upcoming ipos: Latest news on stocks, economy & finance.