
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹75
Band: ₹70 – ₹75
Estimated Listing Price
₹99
Upper price + GMP
Lot Size
1600 shares
Min investment ₹1,20,000
Estimated Profit / Lot
₹38,400
1600 × ₹24
Grey Market Premium trend
+₹24
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹24 | 32.0% | ₹99 |
| 30 Oct 2026 | +₹24 | 32.0% | ₹99 |
| 29 Oct 2026 | +₹22 | 28.8% | ₹97 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Sattva Engineering Construction Limited IPO is ₹24, which indicates an expected listing price of ₹99.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.