Sattva Engineering Construction IPO

Incorporated in December 2005, Sattva Engineering Construction Limited (SECL) is a Chennai-based EPC company specializing in water infrastructure, wastewater management, and industrial construction projects. With over 40 years of expertise, SECL collaborates with government bodies like the Tamil Nadu Public Works Department and CMWSSB. The company offers comprehensive EPC solutions including water distribution networks, treatment plants, pumping stations, industrial and civil infrastructure, and residential developments. SECL has executed projects for prominent clients such as Southern Railway, BHEL, and Greater Chennai Corporation.

Sattva Engineering Construction Limited Overview

Sattva Engineering Construction IPO is a book-built issue valued at ₹35.38 crores, consisting entirely of a fresh issue of 0.47 crore shares. The IPO opens for subscription on 26 August 2025 and closes on 29 August 2025, with allotment expected on 1 September 2025. The shares are proposed to list on NSE SME, tentatively on 3 September 2025. The price band is set between ₹70 and ₹75 per share, with a lot size of 1,600 shares. Retail investors must invest a minimum of ₹2,24,000 for 3,200 shares, while HNIs must invest at least three lots, amounting to ₹3,60,000. Vivro Financial Services Pvt. Ltd. acts as the book running lead manager, MUFG Intime India Pvt. Ltd. as the registrar, and Rikhav Securities Ltd. serves as the market maker.

Sattva Engineering Construction Limited IPO Details

Particulars	Details
IPO Date	26 August 2025 to 29 August 2025
Listing Date	3 September 2025
Face Value	₹10 per share
Issue Price Band	₹70 to ₹75 per share
Lot Size	1,600 Shares
Total Issue Size	47,16,800 shares (aggregating up to ₹35.38 Cr)
Fresh Issue	47,16,800 shares (aggregating up to ₹35.38 Cr)
Offer for Sale	NA
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	1,27,51,816 shares
Share Holding Post Issue	1,74,68,616 shares
Market Maker Portion	2,40,000 shares

Sattva Engineering Construction IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Sattva Engineering Construction IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,40,000
Retail (Max)	2	3,200	₹2,40,000
HNI (Min)	3	4,800	₹3,60,000
HNI (Max)	8	12,800	₹9,60,000
B-HNI (Min)	9	14,400	₹10,80,000

Sattva Engineering Construction IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	86.18%
Post-Issue	TBD

Objectives of the Proceeds

• To meet long-term working capital requirements, amounting to ₹27.5 Cr.

• For general corporate purposes, supporting operational and business expansion.

Key Financials (in ₹ Crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	114.82	87.48	83.38
Total Income	94.85	77.44	83.93
Profit After Tax	9.14	4.56	1.04
Reserves and Surplus	30.67	23.03	18.47
Total Borrowing	36.17	32.20	32.24

Key Performance Indicators (KPI)

KPI	Values
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	2.20
EPS (Pre IPO)	7.17
EPS (Post IPO)	5.23
P/E (Pre IPO)	10.46
P/E (Post IPO)	14.34