Saatvik Green Energy IPO Proceeds Monitored by Crisil

Saatvik Green Energy Ltd has submitted its Monitoring Agency Report for the quarter ended September 30, 2026, as per SEBI regulations. The report, issued by Crisil Ratings Limited, details the utilization of proceeds from the company's Initial Public Offer (IPO). The IPO, which took place from September 19-23, 2025, raised gross proceeds of ₹7,000 million (₹700 Crore). After deducting issue expenses of ₹390.83 million (₹39.08 Crore), the net proceeds amounted to ₹6,609.17 million (₹660.92 Crore). Crisil Ratings confirmed that there were no deviations from the IPO's stated objects for the period. The report is available on the company's website.