IPO Updates
Sattva Engineering Construction IPO Date, Review, Price, Allotment Details
What Is the Sattva Engineering Construction IPO?
The Sattva Engineering Construction IPO opened on August 26, 2025, and closed on August 29, 2025. The company aimed to raise 35.38 crore by offering 47,16,800 equity shares. These shares were priced in the band of 70 to 75 each. After closing, the issue received strong interest, with over 184 times subscription on the last day. This high demand showed the confidence investors have in the company. The shares will list on the NSE SME platform with a face value of 10 each. The allotment was scheduled for September 1, 2025.
Figure 1: Sattva Engineering Construction Limited IPO Opens on Aug 26, 2025 – The Tribune
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About Sattva Engineering Construction
Sattva Engineering Construction works mainly in the water resource management sector. The company provides engineering, procurement, and construction (EPC) services focused on key public utility projects. Its main work areas include:
- Water supply schemes
- Underground sewer system projects
- Sewage and water treatment plants
Most projects are done for government clients. Some of the biggest clients are the Chennai Metropolitan Water Supply and Sewerage Board and the Tamil Nadu Water Supply and Drainage Board. These contracts help the company build a steady revenue base and a solid reputation in the water infrastructure sector.
Sattva Engineering Construction IPO Details
| DETAIL | INFORMATION |
|---|---|
| IPO Open Date | August 26, 2025 |
| IPO Close Date | August 29, 2025 |
| Number of Shares Offered | 47,16,800 equity shares |
| Price Band | ₹70 to ₹75 per share |
| Face Value | ₹10 per share |
| Total Issue Size | ₹35.38 crore |
| Listing Platform | NSE SME platform |
| Lead Manager | Vivro Financial Services |
| Anchor Investors’ Commitment | ₹9.97 crore from 6 anchor investors |
For a detailed company background, IPO timetable, and comprehensive analysis, you can explore the full IPO report on Finowings which covers strengths, weaknesses, and GMP insights.
Purpose of Funds from the IPO
The money raised through the Sattva Engineering Construction IPO will mainly fund:
- Long-term working capital needs
- General corporate use
This will help the company take on bigger projects and improve its financial health. Expanding its capacity allows Sattva to grow alongside the increasing demand for water infrastructure.
Why Did the IPO Get So Much Attention?
The IPO attracted heavy investor interest. The subscription reached about 184 times by the final day. This shows many investors trust the company’s business model and future growth. Before the public offer, six anchor investors put in nearly ₹9.97 crore. Their early confidence helped boost interest among retail investors. Also, the grey market premium (GMP) for the shares stood near 23%. This indicates strong demand and hints at a good listing debut on the NSE SME platform.
How and When Will Shares Be Allotted?
The IPO allotment was finished by August 31, 2025. Investors could check their allotment status from September 1, 2025. The shares are expected to be listed on the NSE SME by early September 2025. Check your subscription status live and allotment updates at Univest Blog.
Reasons to Consider Investing in the Sattva Engineering Construction IPO
If you want to invest in water infrastructure or EPC firms, this IPO could be interesting. Here’s why:
- Focused Business: Sattva works mainly in water resource projects, a vital service for many communities.
- Government Contracts: Working for reputed government boards means steady work and income smoothing.
- Strong Project Pipeline: Ongoing contracts provide a clear view of the company’s short to medium-term revenue.
- Impressive Subscription: High demand reflects good investor faith in the company’s outlook.
- Growth Potential: As India invests more in water infrastructure, Sattva is poised to benefit from new projects and funding.
Watch: Sattva Engineering Construction IPO Review and Analysis
To gain deeper insights about the IPO’s business prospects, GMP, and subscription trends, watch this recent review:
Click above to watch a detailed Sattva Engineering Construction IPO review on YouTube.
Final Thoughts on Sattva Engineering Construction IPO
The Sattva Engineering Construction IPO stands out in the NSE SME space. It offers investors a way to join the growing water infrastructure sector. The company’s strong order book and government clients add to the appeal. If you plan to take part, watch the IPO allotment on September 1, 2025. The early September listing could bring trading opportunities. This IPO is a reminder to keep an eye on specialized firms with focused business models. Stay updated about such IPOs to time your investment decisions well. Adding a company like Sattva Engineering Construction to your portfolio can give you exposure to infrastructure growth vital for India’s future.
This article covers key points including the Sattva Engineering Construction IPO date, allotment, price, and a detailed review to help you make informed decisions.
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