Sattva Engineering Construction Limited (SECL) is a Chennai-based Engineering, Procurement, and Construction (EPC) company with a strong focus on water infrastructure, wastewater management, and civil construction projects.
Established in 1987, SECL has built a legacy of nearly four decades in delivering large-scale infrastructure solutions. The company holds a Class I contractor status, enabling it to work on high-value projects with leading government bodies and public sector undertakings.
SECL offers comprehensive EPC solutions across several sectors:
- Water & Wastewater Infrastructure:
Specializes in construction of water treatment plants, sewage treatment plants, pumping stations, water distribution systems, overhead tanks, underground reservoirs, and related pipeline networks. - Civil & Industrial Construction:
Engaged in developing factory buildings, warehouses, logistics hubs, commercial complexes, and other industrial infrastructure. - Residential & Urban Development:
Involved in the design and execution of residential apartments, villas, and bungalows, contributing to the growth of urban housing.
SECL has collaborated with reputable government bodies and corporations, including CMWSSB, TWAD, PWD, Greater Chennai Corporation, Southern Railway, and BHEL.
Sattva Engineering Construction IPO – Details
| IPO Opening Date | 26 August 2025 |
| IPO Closing Date | 29 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 47,16,800 Shares Worth ₹35.38 Crore Fresh Issue: 47,16,800 Shares Worth ₹35.38 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹70 – ₹75 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | MUFG Intime India Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Sattva Engineering Construction IPO – Date Schedule
| IPO Open Date | 26 August 2025 |
| IPO Close Date | 29 August 2025 |
| Basis of Allotment | 01 September 2025 |
| Initiation of Refund | 02 September 2025 |
| Credit of Shares to Demat | 02 September 2025 |
| IPO Listing Date | 03 September 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2025 |
Sattva Engineering Construction IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,40,000 |
| Retail (Max) | 2 | 3,200 | ₹2,40,000 |
| S-HNI (Min) | 3 | 4,800 | ₹3,60,000 |
| S-HNI (Max) | 8 | 12,800 | ₹9,60,000 |
| B-HNI (Min) | 9 | 14,400 | ₹10,80,000 |
Competitive Strengths
- 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.
Company Promoters
- Santhanam Seshadri
- R Sekar
- Jagachchandarr Sekar Uthra
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹83.93 Cr | ₹82.55 Cr | ₹1.04 Cr | ₹32.24 Cr |
| 31 March 2024 | ₹77.44 Cr | ₹71.15 Cr | ₹4.56 Cr | ₹32.20 Cr |
| 31 March 2025 | ₹94.85 Cr | ₹82.24 Cr | ₹9.14 Cr | ₹36.17 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 27.10% |
| ROCE | 28.58% |
| Debt/Equity | 0.83 |
| RoNW | 27.10% |
| PAT Margin | 9.64% |
| EBITDA Margin | 19.82% |
| Price to Book Value | 2.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.17 | 5.23 |
| P/E (x) | 10.46 | 14.34 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| To meet long-term working capital requirements. | ₹27.50 |
| General Corporate Purposes. | – |
✅Strengths
- 40+ years EPC experience.
- Diversified project portfolio.
- Strong government clientele.
- Proven execution track record.
- Experienced management.
⚠️Risks
- Dependence on govt. contracts.
- High working capital needs.
- Intense competition.
- Project delays/cost overruns.
- Geographic concentration in Tamil Nadu.
Sattva Engineering Construction IPO Promoter Holding
| Pre Issue Share Holding | 86.18% |
| Post Issue Share Holding | – |
Sattva Engineering Construction IPO Prospectus
- Sattva Engineering Construction IPO DRHP
- Sattva Engineering Construction IPO RHP
Company Contact Information
| Sattva Engineering Construction Ltd. Greams Dugar, 4th floor, North Wing, Old No. 149, New No . 64, Greams Road Thousand Lights Chennai, Tamil Nadu, 600006 Phone: +91-80 1555 6979 Email: investor.relation@sattvaengg.in Website: https://sattvaengg.in/ |
Sattva Engineering Construction IPO Registrar
| MUFG Intime India Pvt.Ltd. Phone: +91-22-4918 6270 Email: sattvaengineering.smeipo@in.mpms.mufg.com Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
Sattva Engineering Construction IPO Lead Manager(s)
| 1. Vivro Financial Services Pvt.Ltd. |
Sattva Engineering Construction IPO FAQ
| What is Sattva Engineering Construction IPO? Sattva Engineering Construction IPO is an SME IPO. The issue is priced at ₹70 – ₹75 per equity share. The IPO is to be listed on NSE SME. |
| When Sattva Engineering Construction IPO will open? The IPO is to open on 26 August 2025 for QIB, NII, and Retail Investors. |
| What is Sattva Engineering Construction IPO Investors Portion? The investors’ portion for QIB – 50, NII – 15%, and Retail – 35%. |
| What is the Sattva Engineering Construction IPO Size? Sattva Engineering Construction IPO size is ₹35.38 Crore. |
| What is Sattva Engineering Construction IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 3200 Shares with ₹2,40,000 amount, while the maximum bid is 3200 Shares with ₹2,40,000. |
| What is the Sattva Engineering Construction IPO Allotment Date? Sattva Engineering Construction IPO allotment date is 01 September 2025. |
| What is the Sattva Engineering Construction IPO Listing Date? Sattva Engineering Construction IPO listing date is 03 September 2025. The IPO is to be listed on the NSE SME. |
