The Saatvik Green Energy issue makes a muted debut on Dalal Street. The issue listed at Rs 460 per share. This is about 1% dscount to the issue price. The issue price was fixed at Rs 465 per share.

In fact the GMP over the last 7 sessions indicated the trend slipping lower and the overal expectation was that of a lacklustre listing.

Saatvik Green Energy: IPO subscription

That said, the Saatvik Green Energy IPO did garner reasonable subscription. Though no-where close to the highs seen so far this year. It was subscribed 6.93 times. The retail category saw 2.81 times subscription while QIB portion was subscribed 11.41 times. The NII subscription was at 10.57 times.

Saatvik Green Energy: IPO details

A little about the Saatvik Green Energy IPO. A book-built issue, it was a Rs 900 cro

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