Allotment

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.
₹750%
Open
HIgh - Low
Previous Close
Total Traded Value
52 Weeks High
52 Weeks Low
Updates On
IPO. Open
IPO. Close
IPO. Price
IPO Market price
| 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 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 |
| Category | Offer |
|---|---|
| QIB Shares Offered | 22,17,600 Shares |
| NII (HNI) Shares Offered | 6,91,200 Shares |
| Retail Shares Offered | 15,68,000 Shares |
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 |
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
| 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 |
| 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 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) | - |
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
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
sattvaengineering.smeipo@in.mpms.mufg.com