
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
Overall Subscription
198.25x
Total Demand
QIB Multiplier
123.39x
Institutions & Funds
NII / HNI
351.94x
High Net-Worth
Retail (RII)
172.89x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 888,000 | 109,569,600 | 123.39x |
| NIB | 691,200 | 243,262,400 | 351.94x |
| HNIs(10L +) | 460,800 | 187,977,600 | 407.94x |
| HNIs (2-10L) | 230,400 | 55,284,800 | 239.95x |
| RETAIL | 1,568,000 | 271,094,400 | 172.89x |
| Total | 3,838,400 | 867,188,800 | 198.25x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 88 | 0.00x |
| NIB | — | 22,964 | 0.00x |
| RETAIL | 490 | 84,717 | 172.89x |
| HNIs(10L +) | 96 | 12,363 | 128.78x |
| HNIs (2-10L) | 48 | 10,601 | 220.85x |
| Total Applications | 634 | 130,733 | 206.20x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Sattva Engineering Construction Limited IPO is ₹24 per equity share. Based on the upper price band of ₹70 to ₹75 per equity share, the estimated listing price is ₹99 (+32.0% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹24, the expected profit per application lot is approx ₹38,400 (+32.0% gain). Minimum application cost is approx ₹1,20,000.
The Sattva Engineering Construction Limited IPO aggregate issue size is ₹35.38 Crores with an equity price band set at ₹70 to ₹75 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,20,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 198.25x (Retail: 172.89x, QIB: 123.39x, NII: 351.94x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd (MUFG)) and the BSE status verification website on or around 2025-09-01. Investors can verify status using PAN card or application number.
Sattva Engineering Construction Limited shares are scheduled to list on NSE on 2025-09-03.