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Sattva Engineering Construction Limited IPO Opens on Aug 26, 2025

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....attva Engineering Construction Limited IPO Opens on Aug 26, 2025<BR>PTI News<BR>Dated:- 26-8-2025<BR>PTI<BR>Mumbai (Maharashtra) [India], August 26: Sattva Engineering Construction Limited (The Company, Sattva) is an ISO-certified EPC company specializing in end-to-end water and wastewater infrastructure solutions, proposes to open its Initial Public Offering on August 26, 2025, aiming to raise ? ....

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....35.38Crores (at upper price band) with shares to be listed on the NSE Emerge platform. The issue size is 47,16,800 equity shares with a face value of ? 10 each with a price band of ? 70 - ? 75 Per Share. Equity Share Allocation • Qualified Institutional Buyer – Not more than 22,17,600Equity Shares • Non-Institutional Investors - Not less than 6,91,200Equity Shares • Individual Investors ....

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....- Not less than 15,68,000 Equity Shares • Market Maker - Up to 2,40,000 Equity Shares The net proceeds from the IPO will be utilized for funding long-term Working Capital Requirement and the general corporate purposes. The anchor portion will open on Monday, August 25, 2025 and will close on Friday, August 29, 2025. The Book Running Lead Manager to the Issue is VivroFinancial Services Private ....

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....Limited, and the Registrar is MUFG Intime India Private Limited. Mr. Santhanam Seshadri and Mr R Sekar, Whole Time Director of Sattva Engineering Construction Limited expressed, “Our IPO represents a milestone in our effort to strengthen and expand our presence in the water and wastewater infrastructure sector. With over 50 projects executed and a current order book of ?308.09 crore, we have d....

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....emonstrated consistent delivery across Water Supply Schemes, Sewage Treatment Plants, and related infrastructure. The funds from this issue will support our working capital needs and help us scale up operations to meet the growing demand created by government initiatives such as Jal Jeevan Mission and AMRUT. We see clear opportunities in expanding our execution capacity, adopting advanced monito....

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....ring systems, and broadening our footprint in Tamil Nadu and neighbouring states. Backed by three decades of industry experience and a skilled technical team, we are well-positioned to capture upcoming opportunities in India’s water infrastructure development.” Mr. Vivek Vaishnav, Director of Vivro Financial Services Private Limited said “Sattva Engineering Construction Limited has built a s....

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....trong presence in water and wastewater projects, successfully completing more than 50 assignments across water supply schemes, sewage systems, and treatment plants. Its in-house design expertise, adoption of technologies like SCADA for monitoring, and structured execution model provide a distinct edge in delivering complex infrastructure. The IPO will enable the company to strengthen resources a....

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....nd scale operations to meet growing demand under initiatives such as Jal Jeevan Mission and AMRUT. With its proven capabilities and regional focus, Sattva is well placed to emerge as a key player in advancing sustainable water infrastructure in South India.” (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). P....

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....TI PWR<BR> News - Press release - PIB....