Sattva Engineering Construction Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,217,600 (47%) | — | ₹1,663 Cr |
| NII (HNI) | — | 691,200 (15%) | — | ₹518 Cr |
| Retail | — | 1,568,000 (33%) | — | ₹1,176 Cr |
| Market Maker | — | 240,000 (5%) | — | ₹18 Cr |
| Σ Total | — | 4,716,800 (100%) | — | ₹35,376 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 95 | 77 | 84 |
| EBITDA | 19 | 12 | 7 |
| Profit After Tax | 9 | 5 | 1 |
| Net Worth | 43 | 24 | 19 |
| Total Assets | 115 | 87 | 83 |
| Reserves & Surplus | 31 | 23 | 18 |
| Total Borrowing | 36 | 32 | 32 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To meet long-term working capital requirements – 27.50
- 2 General Corporate Purposes –
Company Overview
Incorporated in December 2005, Sattva Engineering Construction Limited is a Chennai-based Engineering, Procurement, and Construction (EPC) company specializing in water infrastructure, wastewater management, and industrial construction projects.
With over 40 years of experience, SECL is a leading Class I contractor collaborating with government bodies like the Tamil Nadu Public Works Department and Chennai Metropolitan Water Supply and Sewerage Board.
SECL offers comprehensive EPC solutions across several sectors:
- Water and Wastewater Projects: Design and construction of water distribution networks, pumping mains, overhead and underground tanks, water and sewage treatment plants, and pumping stations.
- Industrial and Civil Infrastructure: Development of factory buildings, warehouses, container freight stations, and commercial buildings.
- Residential Development: Design and promotion of multi-storeyed residential apartments, deluxe apartments, residential flats, and independent bungalows, enhancing urban infrastructure across the region.
Notable clients include CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL
Competitive Strength:
- Strong execution capabilities supported by in-house designing, engineering and execution team
- Use of advanced technologies in the construction and installation of STP and WTP
- Projects funded by major international financial organisations such as the Asian Development Bank and the World Bank.
- Experienced promoters and a senior management team.
- Strong and diverse Order Book.