Sattva Engineering Construction Limited (SECL) is a leading EPC contracting company focusing primarily on the water sector, wastewater management, industrial building construction, and infrastructure projects. With decades of rich experience in executing noteworthy projects across India, SECL has built a reputation for excellence and reliability. Guided by a team of eminent professionals in civil engineering, the company continues to expand its presence by delivering projects in distribution networks, pumping mains, overhead tanks, underground tanks, treatment plants, and pumping stations.

IPO Details

The Sattva Engineering Construction IPO is a Book Built Issue amounting to ₹35.38 Crores, consisting entirely of a fresh issue of 47.16 lakh shares. The IPO subscription opens on August 26, 2025, and closes on August 29, 2025. The allotment is expected to be finalized on September 1, 2025, with a tentative listing on the NSE SME scheduled for September 3, 2025.

The price band has been fixed between ₹70 to ₹75 per equity share. At the upper price band of ₹75, the company’s market capitalisation will be approximately ₹131.01 Crores. The lot size for this IPO is 1,600 shares, and individual retail investors are required to invest in a minimum of 2 lots (3,200 shares), amounting to an investment of ₹2,40,000.

Vivro Financial Services Private Limited is acting as the book running lead manager of the issue, while MUFG Intime India Private Limited is the registrar. Rikhav Securities Limited has been appointed as the market maker for this IPO.

Grey Market Premium (GMP)

The Sattva Engineering Construction IPO GMP today is expected to be ₹13, indicating an expected listing price of around ₹88 per share as of 23 August 2025. This represents a potential 17.33% premium over the upper price band of ₹75.

However, it is important to note that the Grey Market Premium (GMP) is an unofficial market trend and is highly dependent on demand and supply. It does not provide a guaranteed indication of the actual listing price and is mentioned only for educational and informational purposes.

Live Subscription Status

As of 12:30 PM on 26 August 2025, the IPO has been subscribed 0.56 times on the first day of the subscription period. Investors can track the Sattva Engineering Construction IPO live subscription status directly on the NSE website for updated figures.

Anchor Investors Report

The company has successfully raised ₹9.99 Crores from Anchor Investors at a price of ₹75 per share in consultation with the Book Running Lead Managers. A total of 13,29,600 equity shares were allocated to the Anchor Investors.

It is important to note that equity shares allotted to Anchor Investors are allotted from the Qualified Institutional Buyers (QIBs) reservation portion.

Day Wise GMP Trend

• Date: 23 August 2025

• IPO Price: ₹75

• Expected Listing Price: ₹88

• GMP: ₹13 (17.33%)

• Last Updated: 09:00 PM, 23 August 2025

Allotment Date and Process

The Sattva Engineering Construction IPO allotment date is set for September 1, 2025 (Monday). Investors will be able to check their allotment status on the registrar’s website once it goes live.

Here’s a step-by-step guide to check the allotment status:

• Visit the IPO allotment status page.

• Select Sattva Engineering Construction Limited IPO from the dropdown list.

• Enter your application number, PAN, or DP Client ID.

• Submit the details to view your allotment status.

Objectives of the IPO

The net proceeds from the IPO will be utilised for the following objectives:

1. ₹2,750.00 Lakh will be used to meet long-term working capital requirements.

2. Remaining proceeds will be used for general corporate purposes.

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