Saatvik Green Energy’s IPO listed at Rs 460 per share, 1% lower than the issue price of Rs 465. The GMP trend was slipping lower, indicating a lacklustre listing. However, the IPO garnered reasonable subscription of 6.93 times, with the retail category at 2.81 times and QIB portion at 11.41 times. The IPO, worth Rs 900 crore, had a combination of ‘offer for sale’ and fresh issuance