Sattva Engineering Construction IPO is set to open on August 26, 2025, and will close on August 29, 2025. This IPO is a Book Built Issue, through which the company aims to raise approximately ₹35.38 crores entirely as a fresh issue, with each share having a face value of ₹10.
The IPO price band has been fixed between ₹70 to ₹75 per share. The subscription quota is divided as follows: Retail Investors – 35%, Qualified Institutional Buyers (QIB) – 50%, and High Net Worth Individuals (HNI) – 15%. The allotment date is scheduled for September 1, 2025, and the listing date on NSE SME is September 3, 2025.
Financially, Sattva Engineering Construction has shown strong growth. The company reported a revenue of ₹94.85 crores in 2025, compared to ₹77.44 crores in 2024, and a profit of ₹9.14 crores in 2025, against ₹4.56 crores in 2024. These robust financials indicate that the IPO is suitable for long-term investment, offering investors potential growth and value appreciation.
Sattva Engineering Construction IPO Date & Price Band Details
Sattva Engineering Construction IPO opens on August 26, 2025, and closes on August 29, 2025. The Book Built Issue offers ₹35.38 crores through fresh shares of ₹10 each, priced between ₹70-₹75. Lot size is 1,600 shares, with retail quota 35%, QIB 50%, and NII 15%, listing on NSE SME.
| Category | Details |
|---|---|
| IPO Open Date: | August 26, 2025 |
| IPO Close Date: | August 29, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 to ₹75 Per Share |
| Issue Size: | Approx ₹35.38 Crores |
| Fresh Issue: | Approx ₹35.38 Crores |
| Lot Size: | 1,600 Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Sattva Engineering Construction IPO Market Lot
The Sattva Engineering Construction IPO has a minimum market lot of 3,200 shares, requiring an application amount of ₹2,40,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,40,000 |
| Retail Maximum | 2 | 3,200 | ₹2,40,000 |
| S-HNI Minimum | 3 | 4,800 | ₹3,60,000 |
| S-HNI Maximum | 8 | 12,800 | ₹9,60,000 |
| B-HNI Minimum | 9 | 14,400 | ₹10,80,000 |
Sattva Engineering Construction IPO Allotment & Listing Dates
The Sattva Engineering Construction IPO opens on August 26, 2025, and closes on August 29, 2025. The allotment will be finalized on September 1, 2025, and the IPO is scheduled to list on NSE SME on September 3, 2025.
| Type | Date |
|---|---|
| IPO Open Date: | August 26, 2025 |
| IPO Close Date: | August 29, 2025 |
| Basis of Allotment: | September 1, 2025 |
| Refunds: | September 2, 2025 |
| Credit to Demat Account: | September 2, 2025 |
| IPO Listing Date: | September 3, 2025 |
Sattva Engineering Construction IPO: Promoters
The promoters of Sattva Engineering Construction are Santhanam Seshadri, R. Sekar, and Jagachchandarr Sekar Uthra, who play a key role in the company’s strategic direction and growth. Their experience and leadership are central to the company’s operations and long-term business plans.
Sattva Engineering Construction IPO Company Financial Report
Sattva Engineering Construction reported a revenue of ₹94.85 crores in 2025, up from ₹77.44 crores in 2024. The company’s profit also grew significantly to ₹9.14 crores in 2025, compared to ₹4.56 crores in 2024.
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
|---|---|---|---|---|
| 2023 | ₹83.93 | ₹82.55 | ₹1.04 | ₹83.38 |
| 2024 | ₹77.44 | ₹71.15 | ₹4.56 | ₹87.48 |
| 2025 | ₹94.85 | ₹82.24 | ₹9.14 | ₹114.82 |
Sattva Engineering Construction IPO Valuation – FY2025
Sattva Engineering Construction demonstrates strong financial health with ROE of 27.10%, ROCE of 28.58%, and an EBITDA margin of 19.82%. The PAT margin stands at 9.64% with a debt-to-equity ratio of 0.83. EPS is ₹7.64, RoNW 27.10%, and NAV ₹34.05.
| KPI | Values |
|---|---|
| ROE: | 27.10% |
| ROCE: | 28.58% |
| EBITDA Margin: | 19.82% |
| PAT Margin: | 9.64% |
| Debt to equity ratio: | 0.83 |
| Earning Per Share (EPS): | ₹7.64 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 27.10% |
| Net Asset Value (NAV): | ₹34.05 |
Sattva Engineering Construction IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| EMS Limited | 33.05 | 18.23 | 20.66% | 175.70 | 965.83 Cr. |
| Enviro Infra Engineers Limited | 11.76 | 21.50 | 27.58% | 56.66 | 1,066.06 Cr. |
| VA Tech Wabag Limited | 47.48 | 33.40 | 14.86% | 284.80 | 3,294 Cr. |
Objects of the Issue – Sattva Engineering Construction IPO
- To meet long-term working capital requirements
- For general corporate purposes
Sattva Engineering Construction Company Overview, Strengths, and Risks
Sattva Engineering Construction Private Limited is an Indian civil engineering company that specializes in EPC (Engineering, Procurement, and Construction) services. The company focuses primarily on water and wastewater infrastructure but also undertakes industrial and residential projects. Incorporated in 2005, it operates as a Class I contractor for various government bodies, including the Tamil Nadu Public Works Department (PWD) and the Chennai Metropolitan Water Supply and Sewerage Board (CMWSSB).
The company, an arm of the Sattva Group, is based in Chennai, Tamil Nadu. It has a notable history of executing a variety of civil works and has a strong focus on water and sanitation projects under government initiatives like the Jal Jeevan Mission and AMRUT.
Key Services:
- Water and Wastewater Projects: This includes the design and construction of water distribution networks, pumping stations, water and sewage treatment plants, and overhead tanks.
- Industrial and Civil Infrastructure: The company also develops factory buildings, warehouses, and commercial buildings.
- Residential Development: Sattva Engineering has been involved in the design and promotion of multi-storied apartments, residential flats, and independent bungalows.
Strengths
- Extensive Experience: The company’s promoters and management team have over three decades of experience in the civil construction industry. This long-standing expertise allows them to secure and successfully execute complex projects.
- Strong Order Book and Revenue Visibility: Sattva Engineering has a healthy order book that provides a good forecast of future revenue. As of March 31, 2025, the order book was valued at over ₹308 crore, which is a strong indicator of its medium-term financial stability.
- Expertise in Government Contracts: The company has a proven track record as a Class I contractor for key government departments. This specialization reduces counterparty risk and ensures a steady pipeline of projects.
- In-house Capabilities: Sattva Engineering has an in-house team for design, execution, and project monitoring. The use of technologies like SCADA for real-time monitoring and SAP B1 ERP for cost control enhances operational efficiency and project quality.
Risks
- Working Capital Intensive Operations: The company’s operations are working capital intensive, with an elongated operating cycle. This is largely due to stretched collection periods from clients, particularly government departments, which can strain liquidity.
- Vulnerability to Fluctuating Raw Material Prices: Since a significant portion of project costs are driven by raw materials like cement, steel, and sand, the company’s profitability is susceptible to price fluctuations. While some contracts have price escalation clauses, not all do, which can impact margins.
- High Competition in the Industry: The civil engineering and construction sector is highly competitive, with a large number of local, regional, and large players. This competitive landscape can lead to aggressive bidding, putting pressure on profit margins.
- Project Execution Risk: Delays in project execution, which can be caused by various factors like environmental clearances, labor shortages, or material availability, can negatively affect cash flow and overall financial performance.
Sattva Engineering Construction IPO Review
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Sattva Engineering Construction IPO Registrar
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: sattvaengineering.smeipo@in.mpms.mufg.com
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Sattva Engineering Construction IPO Lead Managers aka Merchant Bankers
- Vivro Financial Services Pvt.Ltd.
Sattva Engineering Construction Company Address
Sattva Engineering Construction Ltd.
Greams Dugar, 4th floor, North Wing,
Old No. 149, New No . 64,
Greams Road Thousand Lights
Chennai, Tamil Nadu, 600006
Phone: +91-80 1555 6979
Email: investor.relation@sattvaengg.in
Website: https://sattvaengg.in/
FAQs about Sattva Engineering Construction IPO
The IPO opens on August 26, 2025, and closes on August 29, 2025.
The IPO price band is ₹70 to ₹75 per share.
The minimum lot size is 3,200 shares, with a minimum application amount of ₹2,40,000.
The total issue size is approximately ₹35.38 crores, entirely as a fresh issue.
The basis of allotment is scheduled for September 1, 2025.
The shares are scheduled to be listed on NSE SME on September 3, 2025.
In FY2025, the company reported a revenue of ₹94.85 crores and a profit after tax of ₹9.14 crores.
The proceeds from the IPO will be used to meet long-term working capital requirements and for general corporate purposes.
The promoters are Santhanam Seshadri, R. Sekar, and Jagachchandarr Sekar Uthra.
Key risks include the company’s working capital-intensive operations, vulnerability to fluctuating raw material prices, high competition, and project execution risks.
Disclaimer: This content is provided strictly for educational and informational purposes only. The securities or investments mentioned are based on publicly available information and should not be construed as investment advice or recommendations. Investors are advised to consult with their financial advisor before making any investment decisions.
