- POSITIVE
Annual Revenue Sattva Engineering Mar-2026 Annual Revenue is Rs 144 Cr which is growth of 51.8% YoY.
- POSITIVE
Annual Net Profit Sattva Engineering Mar-2026 Annual Net Profit is Rs 13 Cr which is growth of 43.3% YoY.

Sattva Engineering Construction was incorporated on December 21, 2005. The company is an ISO-certified EPC firm specialising in water resource management solutions, including WSS, UGSS, STPs, and WTPs for government bodies. It also provides operation and maintenance services for STP projects under EPC contracts
| Bidding Dates |
|---|
| 26 Aug 2025 - 29 Aug 2025 |
| Subscription |
|---|
| 132.28x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹224,000 | 2 | 2 | 1600 | 4.7 M | ₹70 - ₹75 | 62.91 % | ₹330.2 M - ₹353.8 M | RHP DOC |
Sattva Engineering IPO SUBSCRIPTION STATUS
29 Aug '25Sattva Engineering IPO overall subscription rate was 132.28 times the total available shares
Sattva Engineering IPO retail subscription rate was 164.21 times in the retail segment
Sattva Engineering IPO non-institutional investor subscription rate was 343.82 times in the non-institutional investor category
Sattva Engineering IPO Qualified Institutional Bidder subscription rate was 46.46 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
29 Aug 2025 (Day 3) | 164.21x | 343.82x | 46.46x |
28 Aug 2025 (Day 2) | 8.23x | 7.8x | 0.01x |
26 Aug 2025 (Day 1) | 1.81x | 1.95x | - |
Sattva Engineering FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 93.7 | 9.1 | -5.6 | -73.0 | 19.8% |
| FY24 | 76.9 | 4.6 | 5.7 | -12.0 | 15.2% |
| FY23 | 83.6 | 1.0 | 7.8 | 3.3 | 8.7% |
Sattva Engineering IPO SUBSCRIPTION STATUS DETAILS
Sattva Engineering had 4.7 M shares on offer
Sattva Engineering IPO offer price was in the range ₹70 - ₹75
Sattva Engineering IPO minimum Investment was ₹224000
Sattva Engineering IPO issue size was ₹ 330.2 M - ₹ 353.8 M
Sattva Engineering had a minimum lot size of 1600 Shares per application
Sattva Engineering NUMBER OF SHARES ON OFFER
Sattva Engineering IPO IMPORTANT DATES
| Issue Open Date | 26 Aug 2025 |
| Issue close Date | 29 Aug 2025 |
| Allotment Date | 01 Sep 2025 |
| Refund Date | 02 Sep 2025 |
| Demat Account Credit Date | 02 Sep 2025 |
| Listing Date | 03 Sep 2025 |
| Listing on Exchange(s) | NSE |
| Sattva Engineering Allotment Status | Exchange/ Registrar |
Sattva Engineering IPO subscription opened on 26 Aug 2025, and closed on 29 Aug 2025
IPO allotment for Sattva Engineering was finalized on Monday, 01 Sep 2025
IPO listing for Sattva Engineering was on NSE on Wednesday, 03 Sep 2025
Sattva Engineering IPO LISTING GAINS
| Issue Price (adjusted) | 75.0 |
| Listing Open Price | 95.1 |
| Listing Close Price | 99.8 |
| Listing Gain% | 26.8% |
| Current Gain% | -21.5% |
Sattva Engineering Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sattva Engineering Construction Ltd. | 58.8 | 102.8 | 7.9 | 0.2 | 0.7 | 14.8 | 8.3 | 144 | 51.8 | 13.1 | 43.3 | 7.5 | 43.3 |
| GAIL (India) Ltd. | 172.7 | 113552 | 11.5 | -0.8 | 0.8 | 8.5 | 5.4 | 143107.9 | 0 | 7582.5 | -39.1 | 15 | -15.1 |
| Adani Total Gas Ltd. | 611.6 | 67269.9 | 106.4 | -44.2 | 10.7 | 13.5 | 6.9 | 5932.3 | 17.9 | 655.7 | 0.2 | 5.7 | -2.4 |
| Gujarat Energy Ltd. | 236 | 22144.1 | 11.7 | 0.2 | 1 | 9.1 | 6.1 | 24161.9 | 44.7 | 1677.6 | 46.1 | 20.2 | 65.7 |
| Indraprastha Gas Ltd. | 145 | 20293 | 14.9 | -0.8 | 1.2 | 13.5 | 9.1 | 16541.2 | 8.4 | 1549.6 | -9.8 | 9.7 | -18.3 |
| Va Tech Wabag Ltd. | 2008.4 | 12550.8 | 31.8 | 1.1 | 3.1 | 14.4 | 6 | 4038.5 | 21 | 370.5 | 25.5 | 63.2 | 29 |
Sattva Engineering annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 |
|---|---|---|---|---|---|---|
19.7% | 144 | 94.9 | 77.4 | 83.9 | ||
Operating Exp. Ann. | 16.6% | 121.1 | 75.1 | 65.2 | 76.4 | |
Operating Profit Ann. | 44.7% | 22.1 | 18.6 | 11.7 | 7.3 | |
OPM Ann. % | 20.9% | 15.34% | 19.57% | 15.14% | 8.67% | |
15.2% | 126.3 | 82.2 | 71.2 | 82.6 | ||
EBITDA Ann. | 44.4% | 22.9 | 19.8 | 12.2 | 7.6 | |
EBITDA Ann. margin % | 20.8% | 15.89% | 20.84% | 15.79% | 9.02% | |
Interest Ann. | -5.6% | 4.8 | 6.8 | 5.7 | 5.7 | |
Depr. | -7.2% | 0.4 | 0.4 | 0.3 | 0.5 | |
PBT Ann. | 133.8% | 17.9 | 12.6 | 6.3 | 1.4 | |
Tax Ann. | 152% | 4.8 | 3.5 | 1.7 | 0.3 | |
135.7% | 13.1 | 9.1 | 4.6 | 1 | ||
Net Profit Ann. | 135.7% | 13.1 | 9.1 | 4.6 | 1 | |
NPM Ann. % | 94.6% | 9.14% | 9.75% | 5.93% | 1.24% | |
EPS Adj. latest Ann. | 132.1% | 7.5 | 5.2 | 2.6 | 0.6 |
Sattva Engineering INFORMATION ON IPO ISSUE
About Sattva Engineering
Sattva Engineering Construction was incorporated on December 21, 2005. The company is an ISO-certified EPC firm specialising in water resource management solutions, including WSS, UGSS, STPs, and WTPs for government bodies. It also provides operation and maintenance services for STP projects under EPC contracts
Object of the Issue
- To meet long-term working capital requirements
- General corporate purposes
Sattva Engineering - PROMOTERS
| Name |
|---|
| Santhanam Seshadri |
| R Sekar |
| Jagachchandarr Sekar Uthra |
Sattva Engineering - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Santhanam Seshadri | Whole Time Director |
| R Sekar | Whole Time Director |
| G Sujatha | Whole Time Director & CFO |
| Sankar V | Independent Director |
| Krishnamachari Doraiswamy | Independent Director |
| Venkatachalam Sesha Ayyar | Independent Director |
Sattva Engineering Book Running Lead Manager
Vivro Financial Services Private Limited
investors@vivro.net
Sattva Engineering Registrar to the issue
MUFG Intime India Private Limited
sattvaengineering.smeipo@in.mpms.mufg.com
Sattva Engineering Strengths
In-house designing
The company specializes in design capabilities for complex projects, including process and hydraulic calculations, design layouts, and technical diagrams. Its engineering expertise and technology-driven processes enable accurate bidding and timely, cost-effective project delivery
Advanced technologies
Designing and engineering projects are complex and resource intensive due to unique requirements. The company continually upgrades its technical capabilities to deliver cost-efficient, high-quality services, with STP and WTP processes compliant with environmental norms
Government schemes
The company executes projects funded by schemes like AMRUT, Jal Jeevan Mission, and institutions such as the World Bank and ADB, ensuring strong financial backing and ESG compliance. Such funding supports timely payments, minimal bad debts, lower litigation risk, and improved profitability through reduced finance costs
Sattva Engineering Risks
Dependent on government-funded projects
The company bids for WSS, UGSS, STPs, and WTPs primarily for government bodies, with projects funded under schemes like AMRUT and JJM. Its business is heavily dependent on such government projects, and reduced budget allocations could impact project availability
Capital intensive
The company’s business is working capital intensive, and insufficient cash flows or lack of suitable financing could adversely impact its operations, financial condition, and loan repayment ability
Inaccurate project cost estimation
Quoting for contracts requires detailed project study and cost estimation, and any inaccuracy may reduce expected returns and profitability
IPO FAQs
The promoters of the company are Santhanam Seshadri, R Sekar and Jagachchandarr Sekar Uthra.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 70.0 - 75.0.
The IPO application opens on Aug 26, 2025 and closes on Aug 29, 2025.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 224,000.0, the maximum value for this IPO is Rs 240,000.0.
This IPO will be allotted on Sep 01, 2025.
The refund will be credited to your account on Sep 02, 2025.
The allotted shares will be credited to your demat on Sep 02, 2025.
Sattva Engineering Construction Ltd.’s shares listed on the stock exchanges on Sep 03, 2025.
