Since inception, the company has successfully completed more than 50 projects and, as of March 31, 2025, maintained an order book of 13 projects valued at ₹30,809.84 lakhs across 9 locations. Its operations are primarily concentrated in Tamil Nadu, Pondicherry, and other southern states, with several projects funded under Central Government schemes such as AMRUT and Jal Jeevan Mission, as well as international agencies like the World Bank and Asian Development Bank.
Sattva Engineering Construction Limited IPO
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The company is a certified Engineering, Procurement, and Construction (EPC) company, specializing in water resource management solutions. Its core operations include:
1. Water Supply Schemes (WSS): Construction of large underground and overhead water tanks, Pump houses, pipelines, house service connections, and electromechanical works.
2. Underground Sewerage Systems (UGSS):Laying sewage pipelines, manholes, collection wells, pump houses, Associated civil structures, electromechanical equipment, and instrumentation.
3. Sewage Treatment Plants (STPs): Design, build, commission, and operate sewage treatment plants, Facilities include clarifiers, reactors, digestors, sludge systems, biogas tanks, and monitoring equipment.
4. Water Treatment Plants (WTPs): Treatment of river and lake water. Facilities include pumping stations, clariflocculators, sand filters, chlorinators, and supporting civil/electromechanical infrastructure.
5. Operation & Maintenance (O&M): Comprehensive post-execution maintenance for STPs and WTPs and Ensures compliance, efficiency, and long-term sustainability.
Technology & Systems
i) SCADA (Supervisory Control and Data Acquisition): Used for real-time monitoring of plant parameters like discharge, power consumption, and chemical levels. Integrated with pollution control boards and customer systems for transparency.
ii) SAP Business One (SAP B1): ERP system implemented for project management and internal controls.
Projects & Order Book
Strengths
i) Strong Execution Capabilities: Backed by an in-house team of 39 employees skilled in engineering, design, and project execution, supported by consultants where necessary.
ii) Advanced Technology Adoption: Use of SCADA and SAP ensures efficiency, quality, and real-time monitoring.
iii) Proven Track Record: Over 50 completed projects and a strong ongoing order book highlight operational reliability.
iv) International Funding Support: Association with projects funded by World Bank and ADB enhances credibility, ensures timely payments, and reduces risks.
v) Experienced Leadership: Promoters S. Seshadri and R. Sekar bring over 3 decades of industry expertise, supported by a skilled management and technical team.
Objects of the Sattva Engineering Construction Limited IPO:
Company intends to utilize the proceeds for the following objects:
1. To meet long-term working capital requirements (₹27.5 cr)
2. General Corporate Purposes.
Sattva Engineering Construction Limited IPO Details:
| Open Date: | Aug 26 2025 |
| Close Date: | Aug 29 2025 |
| Total Shares: | 47,16,800 |
| Face Value: | ₹ 10 Per Equity Share |
| Issue Type: | Book Building |
| Issue Size: | 35.38 Cr. |
| Lot Size: | 1600 Shares |
| Issue Price: | ₹ 70-75 Per Equity Share |
| Listing At: | NSE Emerge |
Promoters And Management:
1. Santhanam Seshadri, Whole-Time Director of the Company, holds a Diploma in Civil Engineering with specialization in Building Technology and Reinforced Concrete. With over 35 years of experience, he has handled numerous EPC projects through his proprietorship Ssri Satva Constructions (1988–2005). Since joining the Company in 2005, he has contributed extensively to civil engineering and infrastructure operations.
2. R. Sekar, Whole-Time Director, holds a Diploma in Civil Engineering with specialization in R.C.C. Structures and a Diploma in Construction Management. He began his career with Pioneer Building Syndicate Pvt. Ltd. as a supervisor and later worked with Ssri Satva Constructions. With over 35 years of experience, he brings expertise in wastewater engineering, infrastructure, and procurement, and has been associated with the Company since 2005.
3. G. Sujatha, Whole-Time Director and CFO, holds a Bachelor of Commerce degree from the University of Madras and a Certificate of Excellence from Microsoft. She has nearly 30 years of experience across administration, finance, banking, and accounts. Having worked with Elnet Technologies Ltd. earlier and Ssri Satva Constructions until 2005, she has been part of the Company since 2005, playing a key role in finance and corporate management.
Financials of Sattva Engineering Construction Limited IPO:
| Particulars | FY2024-2025 | FY 2023-2024 | FY 2022-2023 |
| Revenue from Operations | 93.65 | 76.93 | 83.63 |
| EBITDA | 18.56 | 11.72 | 7.27 |
| EBITDA Margins | 19.82% | 15.24% | 8.70% |
| PAT | 9.13 | 4.56 | 1.03 |
| PAT Margins | 9.64% | 5.89% | 1.24% |
| ROCE | 28.58% | 22.14% | 14.08% |
| Debt to Equity Ratio(In Times) | 0.83 | 1.34 | 1.66 |
| Operating Cash Flows | -5.63 | 5.72 | 7.78 |
Comparison With Peers:
| Companies | Revenue (in cr) | EBITDA Margins | PAT Margins | ROCE | D/E Ratio | MCap (in cr) | P/E |
| Sattva Engineering & Construction Limited | 93.65 | 19.82% | 9.64% | 28.58% | 0.83 | 131.01 | 14.35 |
| EMS Limited | 972 | 27% | 19.00% | 26.60% | 0.09 | 3,091 | 16.7 |
| Enviro Infra Engineers Limited | 1066 | 25% | 16.60% | 31.70% | 0.24 | 4709 | 24.6 |
| VA Tech Wabag Limited | 3294 | 13% | 8.90% | 19.70% | 0.17 | 9893 | 32.3 |
Lead Manager of Sattva Engineering Construction Limited IPO:
Registrar of Sattva Engineering Construction Limited IPO:
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