Sattva Engineering Construction IPO Subscribed 6.07x on Day 2

Sattva Engineering Construction IPO subscription started on Monday, August 26, 2025, and will close on August 29, 2025, as per the schedule. The price band is set at ₹86 to ₹91 per share with a face value of ₹10.

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Sattva Engineering Construction IPO Subscription Status

Sattva Engineering Construction IPO subscribed over 6.07x on its Second day till 05.00 PM on 28th August 2025.

  • Sattva Engineering Construction IPO subscription QIB investors’ portion is 0.02x times, while NII subscribed 7.72x times, and RII investors subscribed 8.77x times.
  • The company has received bids for 1,90,99,200 shares against 31,47,200 shares on offer on the Second day. 
  • Sattva Engineering Construction IPO subscribed over 6.07x times on day 2.
  • Sattva Engineering Construction IPO subscribed over 1.41x times on day 1. 

About the Sattva Engineering Construction IPO

Sattva Engineering Construction Limited is one of the leading companies in the field of Engineering, Procurement, and Construction. Further, the company started its journey in 2005 with the business of water infrastructure, wastewater management, and industrial construction projects. It builds factories, warehouses, container stations, and commercial buildings.

Moreover, the company has strong capabilities, including good execution, advanced technology, and experienced leadership. Furthermore, SECL has over 40 years of experience and is a leading Class I contractor. It works with government departments like the Tamil Nadu Public Works Department and Chennai Metro Water Supply and Sewerage Board. The company’s revenue grew by 22%, and its profit after tax doubled between the financial years ending March 31, 2024, and March 31, 2024. Sattva Engineering Construction IPO has a market capitalisation of ₹131.01 Cr.

Sattva Engineering Construction IPO Company Financial Report

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.

Sattva Engineering Construction IPO GMP was ₹19 as of Thursday, 28th August. That indicates the IPO is trading at ₹94 with a ₹19 premium in the grey market against the issue price of ₹75. 

Sattva Engineering Construction IPO GMP

Sattva Engineering Construction IPO GMP was ₹19 as of Thursday, 28th August. That indicates the IPO is trading at ₹94 with a ₹19 premium in the grey market against the issue price of ₹75.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.