Sattva Engineering Construction IPO Subscription Status

The Sattva Engineering Construction IPO received an overwhelming response, being subscribed 198.17 times by the close of bidding on Friday, August 29, 2025, at 5:00 PM.

• QIB (Qualified Institutional Buyers): 123.39x
• NII (Non-Institutional Investors): 351.59x
• RII (Retail Individual Investors): 172.89x

The company received bids for 62,36,86,400 equity shares against the total issue size of 31,47,200 shares.

Day-wise subscription status:

• Day 1: 1.41x
• Day 2: 6.07x
• Day 3 (Final Day): 198.17x

This shows that investor participation picked up significantly towards the last day of bidding, reflecting strong demand across all investor categories.

About Sattva Engineering Construction Limited

Founded in 2005, Sattva Engineering Construction Limited (SECL) is a well-established Engineering, Procurement, and Construction (EPC) company with diversified expertise.

Key Business Areas:

• Water Infrastructure Projects
• Wastewater Management Systems
• Industrial Construction Projects
• Factories, Warehouses, and Container Stations
• Commercial Building Development

The company is recognized for its quality execution, adoption of advanced technologies, and experienced leadership team. With over 40 years of industry experience, SECL has built a strong reputation as a Class I Contractor and has successfully undertaken projects for major government bodies such as:

• Tamil Nadu Public Works Department (PWD)
• Chennai Metro Water Supply and Sewerage Board (CMWSSB)

Additionally, the company has consistently shown strong financial growth, with revenue rising by 22%, and profit after tax doubling in recent years. As of IPO launch, the company’s market capitalization stands at approximately ₹131.01 Crores.

Financial Performance (₹ in Crores)

YearRevenueProfit After TaxFY202477.444.56FY202594.859.14

Revenue grew by 22.5% YoY, while net profit increased 2x, highlighting robust operational efficiency and project execution capabilities.

Sattva Engineering Construction IPO GMP (Grey Market Premium)

As of Friday, August 29, 2025, the Grey Market Premium (GMP) for the IPO stood at ₹19.

• Issue Price: ₹75
• GMP: ₹19
• Estimated Listing Price: ₹94 (₹75 + ₹19)

This indicates strong market sentiment, suggesting a potential 25% listing gain for investors if the trend sustains until listing day.