Sattva Engineering Construction Limited
Bookbuilding IPO · NSE
- Price band
- ₹70 - ₹75
- Lot size
- 1,600 shares
- Issue amount
- ₹35.38 cr
- Total subscription
- 198.25×
- Opens
- 26 Aug 2025
- Closes
- 29 Aug 2025
- Allotment
- 1 Sept 2025
- Listing
- 3 Sept 2025
Offer at a glance
Issue overview
- Issue size
- 47,16,800 shares
- Face value
- 0
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹35.38 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Ltd (MUFG)
- Listing exchange
- NSE
- Maximum investment
- ₹1,20,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,27,51,816
- Shares after issue
- 1,74,68,616
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,40,000 |
| sHNI | 3 | 4,800 | ₹3,60,000 |
| bHNI | 9 | 14,400 | ₹10,80,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 88 |
| NIB | 0 | 22,964 |
| RETAIL | 490 | 84,717 |
| HNIs(10L +) | 96 | 12,363 |
| HNIs (2-10L) | 48 | 10,601 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.66 | 821.77 |
| FIIs | 0 | 282.53 |
| FIs | 0 | 36.48 |
| Others | 0 | 502.76 |
| RETAIL | 11.76 | 2,033.21 |
| HNIs 2+ | 1.73 | 414.64 |
| HNIs 10+ | 3.46 | 1,409.83 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 7.64 | 4.15 | 0.94 |
| ROE | 27.1 | 20.98 | 5.48 |
| ROCE | 28.58 | 22.14 | 14.08 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 10.46 | 0 | 0 |
| POST IPO(PE) | 14.34 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Sattva Engineering & Construction Limited | NA | NA | 10 | 34.05 | 27.10 | 7.64 |
| EMS Limited | 18.23 | 602.4 | 10 | 175.7 | 20.66 | 33.05 |
| Enviro Infra Engineers Limited | 21.5 | 252.89 | 10 | 56.66 | 27.58 | 11.76 |
| VA Tech Wabag Limited | 33.4 | 1585.7 | 10 | 284.8 | 14.86 | 47.48 |
Company information
Company profile
Sattva Engineering Construction Limited (SECL), incorporated in December 2005 and based in Chennai, is an EPC company with over 40 years of experience in water infrastructure, wastewater management, and industrial construction. Recognized as a leading Class I contractor, it works closely with government bodies such as the Tamil Nadu PWD and CMWSSB. SECL provides end-to-end EPC solutions across water and wastewater projects, industrial and civil infrastructure, and residential developments, including treatment plants, pumping stations, warehouses, factory buildings, and multi-storeyed apartments. Its notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL.
Strengths
- Strong In-House Expertise: experienced design, engineering, and execution team ensures timely, cost-effective, and quality project delivery
- Advanced Tech Adoption: continuous upgrades in STP & WTP construction for efficiency, compliance, and high standards
- Reputed Funding Support: projects backed by World Bank, ADB, and government schemes ensure stability, timely payments, and lower risk
Risk factors
- Government Project Reliance: heavy dependence on schemes like AMRUT and JJM, budget cuts may reduce project flow
- High Working Capital Needs: cash-intensive operations, limited financing or cash flow issues can affect liquidity and stability
- Cost Estimation Risk: inaccurate bidding estimates may lower profitability and reduce returns
Promoters
Santhanam Seshadri
R Sekar
Jagachchandarr Sekar Uthra
Registrar & documents
Lead manager
Vivro Financial Services Private Limited
Registrar & contacts
Link Intime India Private Ltd (MUFG)
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Greams Dugar, 4th floor, North Wing, Old No. 149, New No . 64, Greams Road Thousand Lights Chennai, Tamil Nadu, 600006
+91-80 1555 6979
[email protected]Company website ↗Understanding SATTVAENGG IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.