Sattva Engineering Construction shares listed with strong 26.8% premium at ₹95.10 on the NSE SME on Wednesday. The stock hit 5% upper circuit thereafter gaining further.
Sattva Engineering Construction share price movement
Sattva Engineering Construction shares saw a strong debut as they listed with 26.8 premium at ₹95.10 on the NSE SME on Wednesday. The Sattva Engineering Construction shares thereafter gained further to ₹99. levels. Since the 5% level was also upper price band for the Sattva Engineering Construction shares, hence the Sattva Engineering Construction shares were locked in the upper circuit.
The Sattva Engineering Construction’s IPO that saw bidding begin on August 26, 2025 and end on August 29, 2025 had received a very strong response. The Sattva Engineering Construction IPO was subscribed 198.17 times by August 29, 2025 (Day 3). The public offering had been subscribed 172.89 times by individual investors, 123.39 times by QIB (Ex Anchor), and 351.59 times by NIIs.
Sattva Engineering Construction IPO is a book build issue of ₹35.38 crores and not only had received a strong response in terms of subscription , but also saw grey market premium indicate towards strong listing.
Sattva Engineering Construction shares list slightly lower than investor expectations
Sattva Engineering Construction shares listed slightly lower than investor expectations as was indicated by the GMP or Grey market Premium. The
On 3 September 2025, Sattva Engineering Construction IPO GMP, or the Grey Market Premium, stood at 28. This means that Sattva Engineering Construction shares are selling in the grey market at ₹28 premium over the issue price’s upper range of 75.
Investors thereby anticipated Sattva Engineering Construction shares to be listed with 32% premium and ₹32 the upper range of the offering price of ₹75. Thus investors were expecting Sattva Engineering Construction shares to list at ₹103. Hence listing of Sattva Engineering Construction shares at ₹95.10 was slightly lower than the investor expectations.