Sai Urja IPO Allotment Status

Listed RegistrarMaashitla Securities Pvt.Ltd. Allotment30 Sept 2026 Listed at₹133.80 +18.41%

Sai Urja allotment was due 30 Sept Wed, 30 Sept 2026

Maashitla Securities Pvt.Ltd. publishes the result once the basis of allotment is final. The PAN check opens on this page as soon as it's out — come back then.

View Sai Urja IPO details →
Get set for allotment day: sign in and save your PAN (and your family's) — then one tap checks every PAN the moment it's out. Continue with Google

Sai Urja IPO — Allotment & Listing Timeline

  1. IPO Open 25 Sept 2026
  2. IPO Close 29 Sept 2026
  3. Basis of Allotment 30 Sept 2026
  4. Refund Initiation 01 Oct 2026
  5. Credit to Demat 01 Oct 2026
  6. Listing Date 05 Oct 2026
Issue Price₹107–113
Lot Size2400 shares
Issue Size₹24.95 Cr
IPO TypeSME
Listing AtBSE
RegistrarMaashitla Securities Pvt.Ltd.
Listing Price₹133.80
Listing Gain+18.41%

Sai Urja IPO — Subscription & Allotment Odds

Based on the final subscription figures for Sai Urja IPO (overall 5.11x subscribed). The more a category is oversubscribed, the lower each applicant's chance of allotment.

Retail 28.2% (4.04x)
Moderate chance
S-HNI 10.2% (9.85x)
Moderate chance
B-HNI 45.4% (11.01x)
Moderate chance

In the Retail category, about 3 in 10 applicants would get an allotment in Sai Urja IPO. Winners are picked by draw of lots and each gets 2,400 shares (2 lots), so applying for more than the minimum does not improve retail odds.

How Many Sai Urja Retail Applicants Get Shares

Retail shares reserved7,10,400
Minimum application2,400 shares · ₹2,71,200
Retail winners (max)296
Retail applications (est.)~1,049

Sai Urja set aside 7,10,400 shares for retail (individual) investors. Each successful applicant receives 2,400 shares (2 lots), so the retail quota can serve at most 296 applicants. With retail subscribed 4.04x, that points to roughly 1,049 retail applications competing for those allotments.

Estimate from the prospectus reservation and the final subscription; the registrar's Basis of Allotment has the exact count.

Sai Urja IPO Subscription, Day by Day

Times subscribed at the close of each bidding day.

DayRetailNII QIB Total
Day 1 0.05x 0.07x 0.00x 0.04x
Day 4 0.43x 0.08x 0.00x 0.23x
Day 5 4.04x 10.62x 2.80x 5.11x

Retail demand grew from 0.05x on day 1 to 4.04x by day 5 — 80.8x over the bidding window.

Sai Urja Retail Odds vs Earlier SME IPOs

At about 28.2%, the estimated retail odds for Sai Urja were lower than 9 of the 10 SME IPOs before it.

Median across those 10 issues: 73.0%. Best odds: Green Asia Impex (100.0%, retail 0.56x); lowest: Roopa Screen (0.22%, retail 529.82x).

What Sai Urja Allottees Made on Listing Day

Issue price₹113.00
Listing price₹133.80
Per minimum application+₹49,920
Last GMP before listing₹32

Sai Urja listed at ₹133.80 (+18.41% on the issue price). An applicant allotted 2,400 shares (2 lots) was up about ₹49,920 at the listing price, before charges. The last grey market premium we recorded (₹32 on 04 Oct) pointed to about ₹145; the actual listing was ₹11 lower.

Checking Sai Urja Allotment

Enter the PAN you applied with in the box above; the check goes to Maashitla Securities Pvt.Ltd., the registrar for Sai Urja IPO, which finalised the allotment on 30 Sept 2026.

How the draw of lots works is the same for every issue — see IPO Allotment Process Explained. See all recent IPO allotment results. Last updated: 02 Nov 2026, 01:14 pm IST.

Sai Urja Allotment FAQs

The registrar for Sai Urja IPO is Maashitla Securities Pvt.Ltd., which finalised the allotment on 30 Sept 2026.

The Sai Urja IPO allotment date was 30 Sept 2026; the issue closed on 29 Sept 2026.

The amount blocked through your ASBA / UPI mandate is released within 1-2 working days of the 30 Sept 2026 allotment; the refund date for Sai Urja was 01 Oct 2026. With retail subscribed 4.04x, roughly 72% of retail applicants were expected to miss out.

Allotted Sai Urja shares are credited on 01 Oct 2026, ahead of listing on 05 Oct 2026.

Sai Urja was subscribed 5.11x overall. Oversubscribed categories are allotted by draw of lots, each winner getting the minimum application, which in retail is 2,400 shares (2 lots). Estimated odds: Retail 4.04x, about 28.2%; S-HNI 9.85x, about 10.2%; B-HNI 11.01x, about 36.3%. QIB is allotted proportionately, not by lottery.
GMPUpdate