Sattva Engineering Construction IPO was subscribed overall 198.17 times on the last day, while the retail quota was subscribed 172.89 times, QIB subscribed 123.39 times, and NII quota subscribed 351.59 times, respectively.
Details About Sattva Engineering Construction IPO
Sattva Engineering Construction has received approval from SEBI for an IPO of ₹35.38 crores. The IPO comprises a fresh issue of ₹35.38 crores with a face value of ₹10.
Moreover, the company has set up a price band between ₹70 to ₹75 per share. In this IPO total of 3,200 shares were available in 2 lot sizes for the minimum Retail category, and for the maximum Retail category.
S-HNI (Min) has a total of 4,800 shares in 3 lot sizes. S-HNI (Maximum) has a total of 12,800 shares in 8 lot sizes. Lastly, for B-HNI (Minimum) has a total of 14,400 in 9 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹2,40,000 and maximum investment of ₹2,40,000.
- S-HNI (Minimum): Minimum investment of ₹3,60,000.
- S-HNI (Maximum): Maximum investment of ₹9,60,000
- B-HNI (Minimum): Minimum investment of ₹10,80,000
Subscription Duration of the Sattva Engineering Construction IPO
The opening date of the Sattva Engineering Construction IPO subscription was August 26, 2025, and the close date was August 29, 2025. The Sattva Engineering Construction IPO allotment was finalized on September 1, 2025, and the IPO listing is on September 3, 2025.
Funds Deployment of This Company
- The proceeds raised from the fresh issue will be used to meet long-term working capital requirements.
- Lastly, the remaining funds will be used for the company’s General corporate purposes.
About Sattva Engineering Construction IPO
Incorporated in 2005, Sattva Engineering Construction Limited is involved in the field of Engineering, Procurement, and Construction. The company initially started its business in the water infrastructure, wastewater management, and industrial construction projects. Sattva Engineering Construction Limited (SECL) is involved in building factories, warehouses, container stations, and commercial buildings. The company stands out for its execution strength, advanced technology, and experienced leadership.
With over 40 years of industry experience, SECL is recognized as a leading Class I contractor, working with government bodies such as the Tamil Nadu Public Works Department and the Chennai Metro Water Supply and Sewerage Board. Financially, the company reported a 22% growth in revenue, while its profit after tax doubled between the financial years ending March 31, 2023, and March 31, 2024.
Sattva Engineering Construction IPO Financial Background
The company reported revenue of ₹94.85 crores in 2025 against ₹77.44 crores in 2024. The company reported a profit of ₹9.14 crores in 2025 against a profit of ₹4.56 crores in 2024.
