Sattva Engineering Construction IPO will open on August 26, 2025, and close on August 29, 2025. It is a Book Built Issue, through which the company aims to raise around ₹35.38 crores. This consists of a fresh issue worth ₹35.38 crores and an offer for sale of up to [.] equity shares with a face value of ₹10 each.

The IPO price band has been set at ₹70 to ₹75 per share. The quota allocation is 50% for QIB, 15% for HNI, and 35% for retail investors. The IPO is scheduled to list on NSE SME on September 3, 2025, while the allotment date is September 1, 2025.

In terms of financial performance, the company reported revenue of ₹94.85 crores in 2025 compared to ₹77.44 crores in 2024. The profit stood at ₹9.14 crores in 2025, up from ₹4.56 crores in 2024. Based on the financials, the IPO is considered suitable for long-term investment.

About Sattva Engineering Construction IPO

Sattva Engineering Construction Limited is a leading company in the Engineering, Procurement, and Construction sector. The company began its journey in 2005, focusing on water infrastructure, wastewater management, and industrial construction projects. It undertakes the development of factories, warehouses, container stations, and commercial buildings.

The company is known for its strong execution capabilities, use of advanced technology, and experienced leadership. With over 40 years of industry experience, SECL is recognized as a top Class I contractor and works with major government departments such as the Tamil Nadu Public Works Department and the Chennai Metro Water Supply and Sewerage Board. Between the financial years ending March 31, 2023, and March 31, 2024, the company’s revenue increased by 22%, while its profit after tax doubled. Sattva Engineering Construction IPO holds a market capitalization of ₹131.01 crore.