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Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Funding Working Capital Requirements
Meeting working capital demands required for expanding operation and maintenance projects.
Repayment of Outstanding Borrowings
Prepayment or full repayment of specified secured and unsecured credit facilities.
General Corporate Purposes
Supporting routine corporate activities and administrative expenditures.
(₹ in Crore)
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Incorporated in 2012 and based in Nagpur, Maharashtra, Sai Urja Indo Ventures Limited provides integrated operation and maintenance (O&M) solutions for major industrial process facilities. The enterprise specializes in technical management, preventive maintenance, and operational support across thermal power stations, steel production complexes, and agrochemical manufacturing units. Its engineering capabilities cover mechanical systems, electrical infrastructure, and control and instrumentation (C&I) setups. The firm offers technical facility management including coal handling systems, plant upkeep, merry-go-round rail supply systems, and specialized technical staffing. Operating across primary industrial hubs in India, the business delivers comprehensive O&M contracts for private conglomerates as well as state-owned power generation enterprises. Sai Urja maintains a dedicated workforce of technical professionals executing long-term service agreements. Through standardized maintenance protocols aimed at reducing plant downtime and enhancing operational efficiency, the company continues to expand its industrial client base throughout India.
Sai Urja Indo Ventures Limited allotted 5,86,800 equity shares to anchor investors at Rs 113 per share, raising Rs 6.63 crore. Institutional participants in the anchor placement included Aarth, Vikasa, and Moneywise Financial Services.
Source: RHP • Analysis provided for informational purposes
Last Updated: 4 October 2026, 1:55 PM
Decade of Expertise in Heavy Industry O&M
Extensive track record delivering specialized operation and maintenance support to thermal power facilities and heavy process plants.
Comprehensive Engineering Capabilities
Delivers end to end technical services covering electrical systems, mechanical structures, instrumentation, and bulk material handling.
Long Term Contracts with Key Industrial Clients
Secures multi-year maintenance agreements with leading private groups and state power entities, providing consistent revenue streams.
Revenue Concentration in Power and Steel Sectors
A substantial portion of earnings depends on thermal power and metallurgy clients, exposing the business to industry specific cycles.
Reliance on Competitive Tendering
Most contracts are won through competitive bidding, where aggressive price competition may impact operating margins.
High Working Capital Requirements
Continuous personnel deployment and equipment maintenance require significant ongoing working capital.
Sai Urja Indo Ventures Limited
UG-2, Office Floor, J.K. Complex, Nanaji Nagar, Nagpur Road, Chandrapur, Maharashtra - 442401, India
View on Maps →Maashitla Securities Private Limited
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