Sattva Engineering Construction Ltd IPO
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Sattva Engineering Construction Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 47.17 L | TBA | TBA | ₹ 109.89 L | NSE | ₹ 35.38 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 26 Aug, 25 | 29 Aug, 25 | 1600 | ₹ 1,12,000 | Book Building - SME | 03 Sep, 25 |
Sattva Engineering Construction Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Engineering - Turnkey Services |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 0 |
| NII | 0x | 0 | 0 |
| Retail | 0x | 0 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 4716800 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Sattva Engineering Construction Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 6.56 | 1.84 | 1.88 |
| EBITDA | 6.84 | 2.30 | 2.35 |
| PAT | 4.56 | 1.04 | 0.94 |
| Total Assets | 77.76 | 75.80 | 69.29 |
| Share Capital | 1.00 | 1.00 | 1.00 |
| Total Borrowings | 51.76 | 54.48 | 54.93 |
| Operating Activities (Net Cash) | 4.84 | 1.50 | 1.41 |
| Investing Activities (Net Cash) | 1.28 | 1.28 | 1.28 |
| Financing Activities (Net Cash) | 51.76 | 54.48 | 54.93 |
| Net Cashflow | 1.61 | 3.91 | 0.48 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Sattva Engineering Construction Ltd
Our Company was originally incorporated as Sattva Engineering Construction Private Limited a private limited company under the Companies Act, 1956 and received a certificate of incorporation from the Registrar of Companies, Tamil Nadu, dated December 21, 2005. Subsequently, the name of our Company was changed from Sattva Engineering Construction Private Limited to Sattva Engineering Construction Limited, consequent to conversion of our Company from private limited company to public limited company, pursuant to a special resolution passed by the shareholders of our Company in the extra-ordinary general meeting held on November 25, 2024 and a fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies, Central Registration Centre dated December 23, 2024. The corporate identification number of our company is U45201TN2005PLC058383.
India's drinking water distribution infrastructure is undergoing significant transformation, driven by government initiatives aimed at providing universal access to safe and reliable drinking water. The Jal Jeevan Mission, launched in 2019, is a flagship program with the ambitious goal of delivering piped water connections to every rural household. The Government of India, through the Jal Jeevan Mission implemented in partnership with the State and Union Territory (UT) governments, is committed to ensuring the provision of safe and potable tap water supply to every rural household in the country on a regular and long-term basis to rural India.
We are an ISO 9001:2015, ISO 45001:2018 and ISO 14001:2015 certified engineering, procurement and construction (EPC) company engaged in the business of providing water resource management solutions which includes the Water Supply Scheme (WSS) with underground and overhead tank, Under Ground Sewerage System (UGSS), Sewage Treatment Plants (STP) and Water Treatment Plants (WTP) primarily for government authorities/bodies. We also offer operation and maintenance services for the STP projects as a part of the EPC contract.
Peer Comparison:
- EMS Ltd
- Enviro Infra Engineers Ltd
- Va Tech Wabag Ltd
Sattva Engineering Construction Ltd IPO Key Points
Strengths
- Strong Order Book from Urban Local Bodies and Government bodies with repeat orders.
- Established track record for project execution.
- In house designing, engineering and execution team.
- End to end project management and execution capabilities.
- Managing diverse segments of infrastructure projects.
Risk
- Our employees may engage in misconduct or other improper activities, including non-compliance with regulatory standards and requirements and the same may results into imposition of criminal penalties, fines, revocation of regulatory approvals and harm to our reputation, any of which could form a material adverse effect on our business.
- Some of our Directors do not have experience of being a director of a public listed company.
- Our funding requirements and the proposed deployment of Net Proceeds are not appraised by any independent agency and are based on management estimates which may be subject to change based on various factors, some of which are beyond our control. Further, deployment of funds raised through this Issue shall not be subject to monitoring by any monitoring agency.
Strategy
- Executing large sized projects and enhancing our execution capabilities.
- Expanding our geographical reach.
- Capitalize on government policy initiatives in water supply and waste-water treatment sectors.
- Efficient working capital management and increase financial efficiency.
- Strong Order Book from Urban Local Bodies and Government bodies with repeat orders.
- Established track record for project execution.
- In house designing, engineering and execution team.
- End to end project management and execution capabilities.
- Managing diverse segments of infrastructure projects.
How To Apply for Sattva Engineering Construction Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
