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Allotment
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Listing
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Issue Size
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Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 12,456.86 | 10,917.27 | 3,852.62 | 2,471.17 |
| Total Income | 276.31 | 730.52 | 587.01 | 398.12 |
| Profit After Tax | -58.31 | -280.95 | -267.14 | -71.07 |
| EBITDA | 133.63 | 141.92 | 97.08 | 130.22 |
| NET Worth | -338.92 | -281.03 | -131.52 | 134.05 |
| Reserves and Surplus | -393.07 | -335.18 | -182.45 | 83.12 |
| Total Borrowing | 9,922.75 | 8,162.03 | 2,214.87 | 1,655.75 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Clean Max Enviro Energy Solutions Ltd. | Mainboard | ₹3,079.88 Cr | ₹1053 | 634.34 | ₹867.50 | -17.62% | ₹1,456.90 (+1.95%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in our Subsidiaries namely SAEL Solar P5 Private Limited and SAEL Solar P4 Private Limited for repayment/prepayment, in full or in part, of certain of their outstanding borrowings, interest accrued and prepayment penalties, as applicable | 2,812.50 |
| 2 | General corporate purposes |
About Sael Industries IPO
Incorporated in 2022, Sael Industries is one of India’s top five renewable energy independent power producers (IPPs) with in-house solar module manufacturing, EPC, and O&M capabilities. As of September 30, 2025, its total contracted and awarded renewable capacity is 5,765.70 MW (8,464.40 MWp), including 5,600.80 MW (8,299.51 MWp) of solar projects, and 164.90 MW of agri waste-to-energy (AgWTE) projects. These projects are spread across 10 Indian states and 1 union territory. The company has long-term power purchase agreements (PPAs) with central and state government off-takers and private companies. Agri Waste-to-Energy (AgWTE): We are a pioneer and the largest operator in India’s AgWTE sector. The plants use paddy straw and other crop residues to generate clean electricity, helping reduce stubble burning and air pollution in North India. As of September 30, 2025, the company operates 10 AgWTE plants (150 MW) and are building one more in Rajasthan (14.9 MW). Solar Power Business: The company entered the solar power sector in 2011 and grew rapidly since 2016. Its largest solar project is a 1,000 MWp solar IPP in Khavda, Gujarat, completed in just 16 months. It has 29 utility-scale a
Contact Details
Sael Industries Ltd. AddressH. No. 44, Model Town,Firozpur, GuruharsahaiFirozpur, Punjab, 152022+91 11 44910011cs@sael.coVisit Website