Sattva Engineering Construction IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
Sattva Engineering Construction Limited is an ISO-certified Engineering, Procurement, and Construction (EPC) company specializing in water resource management solutions, primarily for government authorities. The company operates across Tamil Nadu, Puducherry, and other southern states of India.Core…
Open Date
Tue, 26 Aug 2025
Close Date
Fri, 29 Aug 2025
Price Band
₹ 70 – 75
Lot Size
1600
Issue Size
₹ 35.38 Cr
Minimum Investment
₹ 240,000 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Sattva Engineering Construction IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹35.38 Crore, comprising a fresh issue of 47.17 Lakh equity shares aggregating to ₹35.38 Crore.
The Sattva Engineering Construction IPO remained open for subscription from August 26, 2025, to August 29, 2025. The basis of allotment was finalized on September 01, 2025, and the company's shares were listed on NSE SME Platform on September 03, 2025.
The company had fixed the price band at ₹70 to ₹75 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹240,000 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Vivro Financial Services Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Sattva Engineering Construction Ltd is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Sattva Engineering Construction IPO Timeline (Tentative)
- IPO Open Date
- Tue, 26 Aug 25
- IPO Close Date
- Fri, 29 Aug 25
- Basis of Allotment
- Mon, 01 Sep 25
- Initiation of Refunds
- Tue, 02 Sep 25
- Credit of Shares to Demat
- Tue, 02 Sep 25
- Listing Date
- Wed, 03 Sep 25 — NSE & BSE
Open Date
26 August 2025
Close Date
29 August 2025
Basis Of Allotment
01 September 2025
Listing Date
03 September 2025
IPO Subscription
Check Live Subscription →The Sattva Engineering Construction IPO has received bids for 62,39,26,400 shares against 31,47,200 shares offered, resulting in an overall subscription of 198.25x. the NII category is subscribed 351.94x, Retail Investors 172.89x, and QIBs 123.39x. Within the NII category, BNII is subscribed 407.94x, while SNII is subscribed 239.95x.
QIB
123.39x
NII
351.94x
BNII
407.94x
SNII
239.95x
RII
172.89x
Total
198.25x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 15,68,000 shares, representing 49.82% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,88,000 shares (28.22%), while Non-Institutional Investors (NIIs) receive 6,91,200 shares (21.96%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 888,000 | 28.22% |
| Non-Institutional | 691,200 | 21.96% |
| BNII | 460,800 | 14.64% |
| SNII | 230,400 | 7.32% |
| Retail Investors | 1,568,000 | 49.82% |
| Total | 3,147,200 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 114.82 | 87.48 | 83.38 |
| Revenue | 94.85 | 77.44 | 83.93 |
| Profit After Tax | 9.14 | 4.56 | 1.04 |
| Net Worth | 43.42 | 24.03 | 19.47 |
| Reserve & Surplus | 30.67 | 23.03 | 18.47 |
| Total Borrowings | 36.17 | 32.2 | 32.24 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Sattva Engineering Construction Ltd KPI Information
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 27.1 | 20.98 | 5.48 |
| ROCE % | 28.58 | 22.14 | 14.08 |
| Debt / Equity | 0.83 | 1.34 | 1.66 |
| RoNW % | 27.1 | 20.98 | 5.48 |
| Pat Margin % | 9.64 | 5.89 | 1.24 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Sattva Engineering & Construction Ltd | 10 | 0.00 | 4.15 | 4.15 | 10.00 | 240.55 |
| EMS Ltd | 10 | 18.23 | 33.05 | 33.05 | 20.66 | 175.70 |
| Enviro Infra Engineers Ltd | 10 | 21.50 | 11.76 | 11.76 | 27.58 | 56.66 |
| VA Tech Wabag Ltd | 10 | 33.40 | 47.48 | 47.48 | 14.86 | 284.80 |
About Sattva Engineering Construction Ltd
Sattva Engineering Construction Limited is an ISO-certified Engineering, Procurement, and Construction (EPC) company specializing in water resource management solutions, primarily for government authorities. The company operates across Tamil Nadu, Puducherry, and other southern states of India.
Core Services:
- Water Supply Scheme (WSS)
- Design and construction of underground/overhead water tanks
- Pump houses, pipelines, and house service connections
- Electromechanical works
- Underground Sewerage System (UGSS)
- House service sewage connections
- Sewage pipelines, manholes, collection wells, pump houses
- Civil structures and instrumentation
- Sewage Treatment Plants (STP)
- Engineering and operation of STPs with components like SBR basins, digestors, and biogas tanks
- Civil structures, electromechanical works, and SCADA-based monitoring
- Water Treatment Plants (WTP)
- Design and construction of WTPs for river/lake water treatment
- Includes clariflocculators, filter beds, chlorinators, and associated systems
- Operation & Maintenance Services
- For STP projects as part of EPC contracts
Technology & Systems:
- SCADA System: Used for real-time monitoring of performance across WSS, STP, and WTP
- SAP Business One (SAP B1): ERP for project management and internal controls
Project Track Record:
- Over 50 projects completed since inception
- As of March 31, 2025, active Order Book includes 13 projects worth approximately ₹30,809.84 lakhs
Clients & Funding:
- Tenders from Urban Local Bodies (ULBs)
- Projects funded under central government schemes like AMRUT and Jal Jeevan Mission, with state/ULB contributions
Leadership:
- Promoters & Directors:
- S. Seshadri and R. Sekar, each with 30+ years of experience in the water industry
- Supported by a 39-member in-house project execution team and third-party consultants
Sattva Engineering Construction IPO Promoters
- Santhanam Seshadri
- R Sekar
- Jagachchandarr Sekar Uthra
Promoters Holding
Holding Pre Issue
86.18%
Holding Post Issue
0.00%
Sattva Engineering Construction IPO Objective
The Company Sattva Engineering Construction IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- To meet long-term working capital requirements
- General Corporate Purposes
Sattva Engineering Construction Ltd Address / Contact Details
Sattva Engineering Construction Limited
Greams Dugar, 4th floor, North Wing,
Old No. 149, New No . 64,
Greams Road Thousand Lights
Chennai, Tamil Nadu, 600006
Phone: +91-80 1555 6979
Email: investor.relation@sattvaengg.in
Website: https://sattvaengg.in/
IPO Snapshot
Sattva Engineering Construction IPO Lot Size
The Sattva Engineering Construction IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,40,000 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,40,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 240,000.00 |
| Retail (Max) | 2 | 3,200 | 240,000.00 |
| S-HNI (Min) | 3 | 4,800 | 360,000.00 |
| S-HNI (Max) | 8 | 12,800 | 960,000.00 |
| B-HNI (Min) | 9 | 14,400 | 1,080,000.00 |
Issue Reservation
- QIB — 28.22%
- NII — 21.96%
- RII — 49.82%
Sattva Engineering Construction IPO Registrar
MUFG Intime India Private Limited
Check Allotment StatusBook Running Lead Managers
- Vivro Financial Services Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Sattva Engineering Construction IPO?
Sattva Engineering Construction IPO is a Book-building IPO with a total issue size of ₹35.38 crore. The Sattva Engineering Construction IPO price band is ₹70 to 75 per share. The Sattva Engineering Construction IPO subscription opens on Tue, Aug 26, 2025, and closes on Fri, Aug 29, 2025. The Sattva Engineering Construction IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Sattva Engineering Construction IPO.
When will the Sattva Engineering Construction IPO open for subscription?
The Sattva Engineering Construction IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025
What is Sattva Engineering Construction IPO Price Band?
Sattva Engineering Construction IPO Price Band is ₹70 to 75 per share.
What is Sattva Engineering Construction IPO Lot Size?
Sattva Engineering Construction IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹240000 based on the upper price band
What is the minimum investment for Sattva Engineering Construction IPO?
The minimum investment for Sattva Engineering Construction IPO is ₹240000, based on one lot of 1600 shares at the upper price band of ₹75 per share.
How to apply for Sattva Engineering Construction IPO?
Investors can apply for the Sattva Engineering Construction IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Aug 29, 2025. The application amount remains blocked until the Sattva Engineering Construction IPO allotment is finalized.
What is Sattva Engineering Construction IPO Issue Size?
Sattva Engineering Construction IPO issue size is ₹35.38 crores.
What is the Sattva Engineering Construction IPO Allotment Date?
Sattva Engineering Construction IPO allotment date is Mon, Sep 1, 2025.
Who is the Sattva Engineering Construction IPO Registrar?
The registrar for Sattva Engineering Construction IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Sattva Engineering Construction IPO allotment status, refund processing, and other IPO-related information.
What is the Sattva Engineering Construction IPO GMP?
The Sattva Engineering Construction IPO GMP (Grey Market Premium) is ₹24 as of Wed, Sep 3, 2025. Based on the upper price band of ₹75 per share, the estimated Sattva Engineering Construction IPO listing price is ₹99, indicating a potential listing gain of approximately 32.00% over the issue price.
Who is the Sattva Engineering Construction IPO Lead Manager?
The book-running lead managers (BRLMs) for the Sattva Engineering Construction IPO are Vivro Financial Services Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Sattva Engineering Construction IPO Red Herring Prospectus (RHP).