Sattva Engineering Construction Ltd. logo

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 InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue Price BandPost Issue Promoter Holding %Issue SizeIPO Document
₹224,0002216004.7 M₹70 - ₹7562.91 %₹330.2 M - ₹353.8 MRHP DOC

Sattva Engineering IPO SUBSCRIPTION STATUS

29 Aug '25
Total132.28x
Retail Individual Investor164.21x
HNI (NII) Investors343.82x
Qualified Institutional Buyers46.46x

Sattva 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

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation35%15%50%
29 Aug 2025
(Day 3)
164.21x343.82x46.46x
28 Aug 2025
(Day 2)
8.23x7.8x0.01x
26 Aug 2025
(Day 1)
1.81x1.95x-

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

Total4.7 M
Fresh Issue4.7 M
Offer for Sale0
Post Issue Promoter Holding %62.91 %

Sattva Engineering IPO IMPORTANT DATES

Issue Open Date26 Aug 2025
Issue close Date29 Aug 2025
Allotment Date01 Sep 2025
Refund Date02 Sep 2025
Demat Account Credit Date02 Sep 2025
Listing Date03 Sep 2025
Listing on Exchange(s)NSE
Sattva Engineering Allotment StatusExchange/ 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 Price95.1
Listing Close Price99.8
Listing Gain%26.8%
Current Gain%-21.5%

Sattva Engineering Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
Sattva Engineering Construction Ltd.58.8102.87.90.20.714.88.314451.813.143.37.543.3
GAIL (India) Ltd.172.711355211.5-0.80.88.55.4143107.907582.5-39.115-15.1
Adani Total Gas Ltd.611.667269.9106.4-44.210.713.56.95932.317.9655.70.25.7-2.4
Gujarat Energy Ltd.23622144.111.70.219.16.124161.944.71677.646.120.265.7
Indraprastha Gas Ltd.1452029314.9-0.81.213.59.116541.28.41549.6-9.89.7-18.3
Va Tech Wabag Ltd.2008.412550.831.81.13.114.464038.521370.525.563.229

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

NameDesignation
Santhanam SeshadriWhole Time Director
R SekarWhole Time Director
G SujathaWhole Time Director & CFO
Sankar VIndependent Director
Krishnamachari DoraiswamyIndependent Director
Venkatachalam Sesha AyyarIndependent 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

Strength

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

Strength

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

Strength

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

Risk

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

Risk

Inaccurate project cost estimation

Quoting for contracts requires detailed project study and cost estimation, and any inaccuracy may reduce expected returns and profitability

Risk

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.