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Sattva Engineering Construction Limited

Sattva Engineering Construction Limited (SECL) is launching a book-built IPO of ₹35.38 crore, consisting entirely of a fresh issue of 0.47 crore shares at a price of ₹75 per share. The IPO bidding was open from August 26, 2025, to August 29, 2025, with allotment finalized on September 1, 2025. The shares were listed on NSE SME on September 3, 2025.

The IPO has a lot size of 1,600 shares, requiring a minimum investment of ₹2,40,000 for retail investors (3,200 shares at the upper price). High-net-worth investors (HNI) can subscribe for a minimum of 3 lots (4,800 shares), amounting to ₹3,60,000.

Vivro Financial Services Pvt. Ltd. is the book-running lead manager, MUFG Intime India Pvt. Ltd. is the registrar, and Rikhav Securities Ltd. serves as the market maker. This IPO provides investors an opportunity to participate in SECL’s growth in water infrastructure, wastewater management, and industrial construction projects.

Sattva Engineering Construction Limited IPO & Charts
₹75

0%

Open

₹75

HIgh - Low

₹75

Previous Close

₹75

Total Traded Value

0

52 Weeks High

₹75

52 Weeks Low

₹75

Updates On

Aug 20, 2025

IPO. Open

Aug 26, 2026

IPO. Close

Aug 29, 2026

IPO. Price

₹75.00

IPO Market price

₹131.01 Cr

IPO Details

IPO Date 3 Sep
IPO Listing Date 3 Sep
IPO Face Value ₹10 per share
IPO Price Range ₹75.00
IPO Issue Size 47,16,800 shares
IPO Sale Type Fresh Capital
Employee Discount -
IPO Issue Type Bookbuilding IPO
IPO Listing NSE SME Platform
hare Holding Pre Issue 1,27,51,816

IPO Timeline

IPO Open Date 26 Aug
IPO Close Date 29 Aug
IPO Allotment (Tentative) 1 Sep
Refunds 2 Sep
Credit to Demat Account 2 Sep
IPO Listing Date 3 Sep

IPO Reservation

Category Offer
QIB Shares Offered 22,17,600 Shares
NII (HNI) Shares Offered 6,91,200 Shares
Retail Shares Offered 15,68,000 Shares

IPO Lot Size

Investors can bid for a minimum of 3,200 shares, with additional shares to be purchased in multiples of 1,600.

Application Lots Share Amount
Retail (Min) 2 3,200 ₹2,40,000
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
About Company

Incorporated in December 2005, Sattva Engineering Construction Limited (SECL) 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 combined experience, SECL is a leading Class I contractor, partnering with government bodies such as the Tamil Nadu Public Works Department and the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB).

SECL provides comprehensive EPC solutions across multiple sectors:

Water and Wastewater Projects: Design and construction of water distribution networks, pumping mains, overhead and underground tanks, water and sewage treatment plants, and pumping stations.

Industrial and Civil Infrastructure: Development of factory buildings, warehouses, container freight stations, and commercial buildings.

Residential Development: Design and promotion of multi-storeyed apartments, deluxe apartments, residential flats, and independent bungalows, contributing to urban infrastructure growth.

Notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL.

Competitive Strengths:

Strong execution capabilities supported by an in-house design, engineering, and execution team

Use of advanced technologies for the construction and installation of STPs and WTPs

Projects funded by major international financial institutions, including the Asian Development Bank and the World Bank

Experienced promoters and senior management team

Strong and diverse order book

Sattva Engineering Construction Ltd. reported a 22% increase in revenue and a 100% rise in profit after tax (PAT) for the financial year ended March 31, 2025, compared to the year ended March 31, 2024.

Company Financials (Consolidated)

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 32.2 32.24

Key Performance Indicator (KPI)

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 2.2
IPO Objective

IPO Objects of the Issue

S.No. Objects of the ipo Resources Detail IPO Amount
1 Funding capital expenditure requirements for the purchase of equipment/machineries -
2 To meet out the expenses of Working Capital Requirement 27.5
3 To meet out the General Corporate Purposes; -
4 Offer for Sale (OFS) -

Contact Details

Sattva Engineering Construction Ltd. Address
Greams Dugar, 4th floor, North Wing,
Old No. 149, New No . 64,
Greams Road Thousand Lights
Chennai, Tamil Nadu, 600006
+91-80 1555 6979
investor.relation@sattvaengg.in

Detail Registrar

IPO Registrar

MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
sattvaengineering.smeipo@in.mpms.mufg.com

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