Bookbuilding IPO | ₹35 Cr | Listed at NSE SME | Tue, Aug 26, 2025 - Fri, Aug 29, 2025
Sattva Engineering Construction IPO is a book build issue of ₹35.38 crores. The issue is entirely a fresh issue of 0.47 crore shares of ₹35.38 crore.
Sattva Engineering Construction IPO bidding started from Aug 26, 2025 and ended on Aug 29, 2025. The allotment for Sattva Engineering Construction IPO was finalized on Sep 1, 2025. The shares got listed on NSE SME on Sep 3, 2025.
Sattva Engineering Construction IPO price band is set at ₹75 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,40,000 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,60,000.
Vivro Financial Services Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Rikhav Securities Ltd..
Refer to Sattva Engineering Construction IPO RHP for detailed Information.
IPO Open
Tue, Aug 26, 2025
IPO Close
Fri, Aug 29, 2025
Issue Price
₹75 per share
Market Cap (Pre-IPO)
₹131.01 Cr
| IPO Date | 26 to 29 Aug, 2025 |
| Listed on | Wed, Sep 3, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹70 to ₹75 |
| Issue Price | ₹75 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 47,16,800 shares (agg. up to ₹35 Cr) |
| Reserved for Market Maker | 2,40,000 shares Rikhav Securities Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 44,76,800 shares (agg. up to ₹34 Cr) |
| Net Offered to Public | 44,76,800 shares (agg. up to ₹34 Cr) |
| Share Holding Pre Issue | 1,27,51,816 shares |
| Share Holding Post Issue | 1,74,68,616 shares |
| NSE Symbol | SATTVAENGG |
| ISIN | INE14DW01018 |
Sattva Engineering Construction IPO comprises a total issue size of 47,16,800 shares. The net offer to the public is 44,76,800 shares, after excluding 2,40,000 shares allotted on a firm basis. Of the Net offer 22,17,600 (49.54%) are allocated to QIB, 6,91,200 (15.44%) allocated to NII 15,68,000 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 22,17,600 | 49.54% | 47.01% |
| − Anchor Investor Shares Offered | 13,29,600 | 28.19% | |
| − QIB (Ex. Anchor) Shares Offered | 8,88,000 | 18.83% | |
| NII (HNI) Shares Offered | 6,91,200 | 15.44% | 14.65% |
| − bNII > ₹10L | 4,60,800 | 9.77% | |
| − sNII < ₹10L | 2,30,400 | 4.88% | |
| Retail Shares Offered | 15,68,000 | 35.03% | 33.24% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,40,000 | 5.09% | |
| Total Shares Offered | 47,16,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,40,000 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Sattva Engineering Construction IPO raises ₹9.97 crore from anchor investors. Sattva Engineering Construction IPO Anchor bid date is August 25, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Aug 25, 2025 |
| Shares Offered | 13,29,600 |
| Anchor Portion (₹ Cr.) | 9.97 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Sep 30, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Nov 29, 2025 |
Incorporated in December 2005, Sattva Engineering Construction Limited is a Chennai-based Engineering, Procurement, and Construction (EPC) company specializing in water infrastructure, wastewater management, and industrial construction projects.
With over 40 years of experience, SECL is a leading Class I contractor collaborating with government bodies like the Tamil Nadu Public Works Department and Chennai Metropolitan Water Supply and Sewerage Board.
SECL offers comprehensive EPC solutions across several sectors:
Notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL
Competitive Strength:
Sattva Engineering Construction Ltd.'s revenue increased by 22% and profit after tax (PAT) rose by 100% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 114.82 | 87.48 | 83.38 |
| Total Income | 94.85 | 77.44 | 83.93 |
| Profit After Tax | 9.14 | 4.56 | 1.04 |
| EBITDA | 18.56 | 11.72 | 7.28 |
| NET Worth | 43.42 | 24.03 | 19.47 |
| Reserves and Surplus | 30.67 | 23.03 | 18.47 |
| Total Borrowing | 36.17 | 32.20 | 32.24 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet long-term working capital requirements | 27.50 |
| 2 | General Corporate Purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 27.10% |
| ROCE | 28.58% |
| Debt/Equity | 0.83 |
| RoNW | 27.10% |
| PAT Margin | 9.64% |
| EBITDA Margin | 19.82% |
| Price to Book Value | 2.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.17 | 5.23 |
| P/E (x) | 10.46 | 14.34 |
| Promoter Holding | 86.18% | 62.91% |
| Market Cap | ₹131.01 Cr. |
The Sattva Engineering Construction IPO is subscribed 198.17 times on August 29, 2025 6:20:00 PM (Day 3). The public issue subscribed 172.89 times in the individual investors category, 123.39 times in the QIB category, and 351.59 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 123.39 | 8,88,000 | 10,95,69,600 | 88 |
| NII* | 351.59 | 6,91,200 | 24,30,22,400 | 22,964 |
| bNII (bids above ₹10L) | 407.42 | 4,60,800 | 18,77,37,600 | |
| sNII (bids below ₹10L) | 239.95 | 2,30,400 | 5,52,84,800 | |
| Individual Investors | 172.89 | 15,68,000 | 27,10,94,400 | 84,717 |
| Total | 198.17 | 31,47,200 | 62,36,86,400 | 1,07,769 |
Total Application : 1,07,769
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees payable to BRLM and commission (including selling commission, brokerage and underwriting commission) | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank and Bankers to the Issue and bidding/uploading charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to the Registrar to the Issue | |
| 4 | Listing fees, SEBI filing fees, NSE processing fees and other regulatory expenses | |
| 5 | Printing and stationery expenses | |
| 6 | Advertising and marketing expenses | |
| 7 | Fees payable to legal counsel | |
| 8 | Miscellaneous (including fees payable to auditors, consultants, market research firms and other professional agencies) |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹75.00 |
| Open | ₹95.10 |
| Low | ₹95.10 |
| High | ₹99.85 |
| Last Trade | ₹99.85 |
Lead Manager Reports
Sattva Engineering Construction IPO is a SME IPO of 47,16,800 equity shares of the face value of ₹10 aggregating up to ₹35 Crores. The issue is priced at ₹75 per share. The minimum order quantity is 1600.
The IPO opens on Tue, Aug 26, 2025, and closes on Fri, Aug 29, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sattva Engineering Construction IPO using UPI as a payment gateway. Zerodha customers can apply in Sattva Engineering Construction IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sattva Engineering Construction IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sattva Engineering Construction IPO opens on Tue, Aug 26, 2025 and closes on Fri, Aug 29, 2025.
Sattva Engineering Construction IPO lot size is 1600, and the minimum amount required for application is ₹2,40,000, with 2 lots being the minimum application size.
You can apply in Sattva Engineering Construction IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sattva Engineering Construction IPO will be done on Monday, September 1, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 2, 2025. Check the Sattva Engineering Construction IPO allotment status.
The Sattva Engineering Construction IPO listing date is on Wed, Sep 3, 2025.
