The Sattva Engineering Construction IPO minimum market lot is 3,200 shares with ₹2,40,000 application amount. The Sattva Engineering Construction IPO is a SME IPO, and it is to be listed on NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Sattva Engineering Construction IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.02 | 123.39 |
| NII | 2.00 | 7.71 | 351.59 |
| RII | 1.93 | 8.75 | 172.89 |
| Total | 1.40 | 6.06 | 198.17 |
Sattva Engineering Construction IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Sattva Engineering Construction IPO Review
- May Apply for long term
Sattva Engineering Construction IPO Form
How to apply for the Sattva Engineering Construction IPO? You can apply for Sattva Engineering Construction IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Sattva Engineering Construction IPO in the Invest section. The other option is you can apply for Sattva Engineering Construction IPO via IPO forms downloaded online. Check out the Sattva Engineering Construction forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
