Sattva Engineering Construction SME IPO Subscription Status

A subscription of 198.17x means the IPO received bids for 198 times the number of shares available. For every 198 applications, only 1 can receive an allotment.

Here is what each category number tells you:

QIB at 122.37x: This is the strongest signal on the page. QIBs are institutional investors, mutual funds, foreign institutions, and banks. When they subscribe at 122.37x, it reflects serious institutional conviction.

NII at 362.26x: NII includes high net worth individuals applying above Rs 2 lakh. At 362.26x, allotment probability for NII applicants is very low. The bNII segment came in at 419.89x and sNII at 246.98x.

Retail at 173.02x: Retail investors applying up to Rs 2 lakh saw 173.02x subscription. Allotment in the retail category is done by lottery when oversubscription exceeds 1x. At 172.89x applications received, roughly 1 in 173 retail applicants can expect an allotment (~1%).

Based on the final subscription data, here is a realistic view of allotment probability by category.

Retail Category: Retail subscription came in at 173.02x based on shares applied and 172.89x based on applications. In the retail category, SEBI mandates a minimum of one lot per applicant when possible. Allotment is done by lottery. At 172.89x applications received, approximately 1 in 173 retail applicants can expect an allotment. Applying from multiple accounts does not improve individual chances but increases household probability if each account is eligible.

NII Category: NII allotment is proportional, not by lottery. At 362.26x, an NII applicant applying for the minimum NII lot can expect a very small proportional allotment. Larger NII applications receive proportionally more shares but the effective return per rupee invested is diluted significantly at this oversubscription level.

QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.

Check the Sattva Engineering Construction SME IPO Allotment Status page from 1 September 2025 for your allotment result.

GMP for Sattva Engineering Construction SME stands at Rs 24.00 today, giving an estimated listing price of Rs 99.00 per share.

A subscription of 198.17x combined with a GMP of 32.00% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Sattva Engineering Construction SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Sattva Engineering Construction Limited, incorporated in 2005, is an ISO 9001:2015, ISO 45001:2018, and ISO 14001:2015 certified Engineering, Procurement, and Construction (EPC) company. It specializes in water infrastructure, wastewater management, and industrial construction projects. The company's key services include water distribution networks, sewage treatment plants, industrial and civil infrastructure (e.

For allotment results from 1 September 2025, visit the Sattva Engineering Construction SME IPO Allotment Status page. For listing day updates on 3 September 2025, download the IPOwiz App.