Sattva Engineering Construction IPO Details
The key details of Sattva Engineering Construction’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹35.38 Cr |
| Price Range | ₹70 - ₹75 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 3,200 |
| Investment (cut-off price) | ₹2,40,000 |
| Pre IPO Promotor Holding | 86.18% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Sattva Engineering Construction IPO Timelines
The IPO process for Sattva Engineering Construction includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
26/08/2025
Start Date29/08/2025
End Date02/09/2025
Refund Initiation02/09/2025
Credit of Shares to Demat Ac03/09/2025
Listing DateSattva Engineering Construction IPO Lot Size
The Sattva Engineering Construction IPO has a fixed lot size of 1,600 shares, at an upper price band of ₹75 per share. For retail investors, the minimum and maximum application is 3,200 shares (2 lots) amounting to ₹2,40,000. For Small HNI (S-HNI) investors, the minimum application is 4,800 shares (3 lots) worth ₹3,60,000, while the maximum is 12,800 shares (8 lots) amounting to ₹9,60,000. Big HNI (B-HNI) investors need to apply for at least 14,400 shares (9 lots), totaling ₹10,80,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3200 | ₹2,40,000 |
| Retail Maximum | 2 | 3200 | ₹2,40,000 |
| S-HNI Minimum | 3 | 4800 | ₹3,60,000 |
| S-HNI Maximum | 8 | 12800 | ₹9,60,000 |
| B-HNI Minimum | 9 | 14400 | ₹10,80,000 |
Sattva Engineering Construction IPO Subscription Status
The subscription status for Sattva Engineering Construction IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 123.39x | 351.59x | 172.89x | -- | 198.17x |
IPO Performance on Listing Day
On the listing day (September 03, 2025), Sattva Engineering Construction made an impressive debut on the stock exchange. The stock opened at ₹95.10, commanding a strong premium of 26.8% over its issue price of ₹75. The engineering and construction company gained further momentum throughout the trading session, reaching a day high of ₹99.85 while finding solid support at the opening price level. The shares concluded their first trading day at ₹99.85, which also marked the day’s high, delivering an exceptional gain of 33.1% over the issue price, reflecting robust investor confidence in the infrastructure and construction sector and strong market appetite for engineering services providers.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹95.10 | ₹99.85 | ₹99.85 | ₹95.10 |
Sattva Engineering Construction IPO Company Financials
Sattva Engineering Construction reports robust performance in FY2025 with Total Income of ₹94.85 crores, managing expenses at ₹82.24 crores, and achieving a strong PAT (Profit After Tax) of ₹9.14 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹83.93 | ₹82.55 | ₹1.04 |
| FY 2024 | ₹77.44 | ₹71.15 | ₹4.56 |
| FY 2025 | ₹94.85 | ₹82.24 | ₹9.14 |
About Company
Sattva Engineering Construction Limited (SECL), established in December 2005 and based in Chennai, is a prominent Engineering, Procurement, and Construction (EPC) company with over 40 years of industry experience. Specializing in water infrastructure, wastewater management, and industrial construction, SECL is a recognized Class I contractor working closely with government agencies such as the Tamil Nadu Public Works Department, Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB), and others. The company provides end-to-end EPC solutions, particularly in the design and construction of water distribution systems, sewage treatment plants, pumping stations, and storage infrastructure.
Beyond water and wastewater projects, SECL is active in industrial and civil infrastructure development, including factory buildings, warehouses, container freight stations, and commercial spaces. It also plays a significant role in residential construction, offering multi-storeyed apartments, deluxe flats, and independent homes to support urban growth. SECL’s notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL, underscoring its credibility and wide-ranging expertise in infrastructure development.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2005 | Engineering | Santhanam Seshadri |
Know Before Investing
Sattva Engineering Construction IPO Strengths
- Sattva engages in construction of factory buildings, warehouses, power stations, water and sewerage treatment plants, and commercial buildings, demonstrating versatility across sectors.
- Operating primarily in Tamil Nadu, the company benefits from familiarity with regional regulations, client relationships, and local market knowledge.
- Major projects are funded by highly credible agencies like the Chennai Metropolitan Water Supply and Sewerage Board, reducing payment and credit risks.
- With a young and competent technical team, the company emphasizes quality design, construction, and project management.
- Sattva Engineering prioritizes quality standards and timely delivery, which strengthens client trust and repeat business opportunities.
Sattva Engineering Construction IPO Risks
- A significant portion of revenue relies on government projects, especially from Chennai Metropolitan Water Supply and Sewerage Board. Any delay or reduction in these projects could impact revenues.
- Majority of operations are concentrated in Tamil Nadu, making the company vulnerable to regional economic or regulatory shifts.
- The construction and EPC sector is highly competitive with many players, which could lead to price wars and margin pressure.
- The company relies on third-party subcontractors and suppliers for materials and labor. Any disruption or quality issues could delay project execution and increase costs.
- Delays or cost overruns in project execution due to unforeseen circumstances such as weather, labor disputes, or regulatory approvals could affect profitability.
- Changes in environmental laws, labor regulations, or construction norms could increase compliance costs and operational restrictions.
- Volatility in prices of key raw materials like cement, steel, and chemicals may adversely affect project costs and profit margins.
Swot Analysis for Sattva Engineering Construction IPO
Strengths
Track Record in Infrastructure Projects, Strong Order Book and Revenue Visibility, Adequate Liquidity Position
Weaknesses
Geographic Concentration, Project Execution and Timing Risks, Dependence on Government Contracts
Opportunities
Growing Government Infrastructure Spend, Geographic and Customer Diversification, Sustainable and Green Projects
Threats
Sector Cyclicality and Tender Dependency, Intense Competition, Execution and Compliance Risks
Company Details
Sattva Engineering Construction Ltd.
Greams Dugar, 4th floor, North Wing, Old No. 149, New No. 64, Greams Road, Thousand Lights, Chennai – 600 006, Tamil Nadu, India.
Phone: +91-80 1555 6979
Email: investor.relation@sattvaengg.in
Website: https://sattvaengg.in/
IPO Registar Details
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: sattvaengineering.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
FAQs
The key objectives of Sattva Engineering Construction SME IPO are:
- To meet long-term working capital requirements
- General Corporate Purposes
Vivro Financial Services Pvt. Ltd. is the book-running lead managers for the Sattva Engineering Construction IPO.
Sattva Engineering Construction has delivered strong growth with revenue rising from ₹77.44 crore in FY2024 to ₹94.85 crore in FY2025 and PAT doubling from ₹4.56 crore to ₹9.14 crore. While execution of large infrastructure projects and governmental funding cycles are critical, the company’s improving scale and profitability point to solid growth potential.
The issue price for the Sattva Engineering Construction IPO is set between ₹70 to ₹75 per share.
To invest in two lot of Sattva Engineering Construction IPO, you need ₹2,24,000 at the lower price band (₹70 per share) or ₹2,40,000 at the upper price band (₹75 per share) for a lot size of 3,200 shares.
Sattva Engineering Construction IPO shares are scheduled to be listed on the National Stock Exchange (NSE) on September 3, 2025.
Refund/unblocking of funds for Sattva Engineering Construction IPO will begin on September 2, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Sattva Engineering Construction IPO shares on listing day (September 3, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.