Sattva Engineering Construction IPO Day 1: GMP, subscription status, price tape, date, other key details in 10 points

Sattva Engineering Construction IPO: The Initial Public Offer (IPO) of Engineering, Acquisition and Construction (EPC) enterprise, Sattva Engineering Construction, was opened for public offering on Tuesday, August 26. premium. Sattva Engineering Construction Ipo-subscription status By 12:30 on Tuesday, the problem saw an overall subscription of 0.55 times, with the retail section 0.69 times booked, and the segment reserved for non-institutional NIIs (NIIs) subscribed to 0.95 times. The QIB (qualified institutional buyer) segment has not yet seen any subscription. Sattva Engineering Construction IPO details 1. Sattva Engineering Construction IPO GMP: According to market resources, the latest GMP of Sattva Engineering Construction shares £ 19. 2. Sattva Engineering Construction IPO Date: The SME IPO was opened on Tuesday, August 26 for subscription and closes on Friday 29 August. 3. SATTVA Engineering Construction IPO Price: The public edition price tape was set at £ 70 to £ 75 per share. 4. Sattva Engineering Construction IPO size: The company plans to raise £ 35.38 crore from the new issue of 47,16,800 shares. It will use £ 27.50 crore to meet long -term working capital requirements. In addition, it will use some returns for general corporate purposes. The amount in its Red Herring Prospectus (RHP) said the funds used for general corporate purposes would not exceed 15 percent of the gross returns from the edition or £ 10 crore, whichever is lower. 5. SATTVA Engineering Construction IPO -Lot size: Retail investors can bid for a minimum and maximum of 3.200 shares of the business. 6. SATTVA Engineering Construction IPO discussion: No more than 50 percent of the net edition is reserved for QIBs, while retail investors were offered 35 percent of the net edition. The remaining 15 percent is reserved for NIIs. 7. SATTVA Engineering Construction IPO LOCTION DATE: The allocation of shares is expected to be completed on Monday, September 1. Successful bidders can expect shares from the company on Tuesday, September 2, in their Demat accounts, and bidders who do not receive the award can be refunded on the same day. 8. Sattva Engineering Construction IPO Book Manager and Registrar: Vivro Financial Services Private Limited is the book general manager, and MUFG INGIGE India Private Limited is the Registrar of the Edition. 9. Sattva Engineering Construction IPO list: Shares of the company are proposed to list on the NSE on Wednesday 3 September. Solutions for water resources, including water supply scheme with underground and overhead tank, under the sewerage system, sewerage treatment plants and water treatment plants, mainly for government agencies. The company has had a sustained increase in its profits over the past three financial years. Sattva Engineering earns a profit of £ 1.04 crore in FY23, which rose in FY24 to 4.56 crore, and to £ 9.14 in FY25. Income from the operations for FY23 was £ 83.64 crore, while it dropped in FY24 to 76.93 crore. In FY25, revenue from the business from operations dropped to 93.65 crore. Read all IPO-related news here read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or brokerage firms, not coin. We advise investors to consult with certified experts before making investment decisions, as market conditions can change quickly and conditions can vary.