Sai Urja Indo IPO listing: listed at ₹133.80, +18.4% over the issue price
Sai Urja Indo listed on BSE SME on 5 Oct 2026 at ₹133.80 per share, +₹20.80 (+18.4%) against the upper price band of ₹113. The issue (price band ₹107 – ₹113, bidding 25 Sep 2026 to 29 Sep 2026) was subscribed 4.95x overall. The last grey-market premium we captured before listing was ₹18 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹131; the shares listed at ₹133.80, ₹2.80 above that.
Updated 6 Oct 2026, 19:02 IST. Dated dealer references.
Listing day facts
| Listing date | 5 Oct 2026 |
|---|---|
| Exchange | BSE SME |
| Listing price | ₹133.80 |
| Upper price band (issue price basis) | ₹113 |
| Gain or loss vs upper band | +₹20.80 per share (+18.4%) |
| Price band | ₹107 – ₹113 |
| Issue dates | 25 Sep 2026 to 29 Sep 2026 |
| Subscription (overall, at close) | 4.95x, as of 29 Sep 2026 |
| Lot size | 1,200 shares |
| Gain or loss per lot vs upper band | +₹24,960 |
Grey-market premium against the actual listing
The last grey-market premium we captured before listing was ₹18 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹131; the shares listed at ₹133.80, ₹2.80 above that.
| Date | GMP | Implied listing price | Actual listing vs implied | Quotes captured |
|---|---|---|---|---|
| 2 Oct 2026 | ₹9 | ₹122 | +₹11.80 (+9.7%) | 12 |
| 3 Oct 2026 | ₹14 | ₹127 | +₹6.80 (+5.4%) | 13 |
| 4 Oct 2026 | ₹18 | ₹131 | +₹2.80 (+2.1%) | 11 |
GMP is unofficial and unregulated; these are the quotes our desk feed captured, averaged by day. Only the price band and the exchange listing price are official.
Frequently asked questions
What was the Sai Urja Indo IPO listing price?
Sai Urja Indo listed on BSE SME on 5 Oct 2026 at ₹133.80 per share.
How did Sai Urja Indo list against the issue price?
The listing price of ₹133.80 was +₹20.80 per share (+18.4%) against the upper price band of ₹113.
What did the grey market indicate before Sai Urja Indo listed?
The last grey-market premium we captured before listing was ₹18 on 4 Oct 2026 (daily average of 11 quotes), which implied a listing price of ₹131; the shares listed at ₹133.80, ₹2.80 above that. GMP is unofficial and not a forecast.
Where do Sai Urja Indo shares trade now?
On BSE SME. Check the exchange for the current quote; BuyUnlistedShares tracks unlisted shares and does not quote listed prices.
Sai Urja Indo IPO overview · GMP history · Subscription status · Allotment status
Indicative reference price, dated. BuyUnlistedShares is India's premium unlisted shares desk, run by Gayatri Financial Synergy LLP, in the market since 2002. Reviewed by the BuyUnlistedShares desk before publishing. Data as of 06 Oct 2026.
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