
Infrastructure & Construction · NSE
Sattva Engineering Construction Limited (SECL), incorporated in December 2005 and based in Chennai, is an EPC company with over 40 years of experience in water infrastructure, wastewater management, and industrial construction. Recognized as a leading Class I contractor, it works closely with government bodies such as the Tamil Nadu PWD and CMWSSB. SECL provides end-to-end EPC solutions across water and wastewater projects, industrial and civil infrastructure, and residential developments, including treatment plants, pumping stations, warehouses, factory buildings, and multi-storeyed apartments. Its notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL.
Price Band
₹70 – ₹75
Issue Size
₹35.38 Cr
Lot Size
1600 shares
GMP
+32.0%
Est. Listing
₹99
at current GMP
Subscribed
198.25x
overall
Open
26 Aug 2025
Close
29 Aug 2025
Allotment
1 Sep 2025
Refund
2 Sep 2025
Demat Credit
3 Sep 2025
Listing
3 Sep 2025
Designated Registrar: Link Intime India Private Ltd (MUFG)
Allotment Date
1 Sep 2025
Basis finalization
Refunds Initiate
2 Sep 2025
Mandate release
Demat Credit
3 Sep 2025
Shares in demat
Listing Debut
3 Sep 2025
Trading begins
Sattva Engineering Construction Limited is bringing an initial public offering (IPO) in the Infrastructure & Construction sector with an aggregate issue size of ₹35.38 Crores. The shares are offered at a price band of ₹70 to ₹75 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-29, the basis of allotment is scheduled to be finalized on 2025-09-01. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd (MUFG)) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.