Description
NSE announces listing of Sattva Engineering Construction Limited equity shares on EMERGE SME Platform effective September 3, 2025.
Summary
The National Stock Exchange has announced the listing of equity shares of Sattva Engineering Construction Limited on the NSE EMERGE SME Platform. The shares will commence trading on September 3, 2025, under the symbol SATTVAENGG in the Trade for Trade Surveillance Segment (TFTS) with settlement type ‘W’. The company has issued 17,468,616 equity shares at Rs. 75 per share with a face value of Rs. 10 each.
Key Points
- Trading symbol: SATTVAENGG
- ISIN: INE14DW01018
- Issue price: Rs. 75 per share
- Face value: Rs. 10 per share
- Total shares listed: 17,468,616
- Market lot: 1,600 equity shares
- Trading segment: Initially in Series ‘ST’ (TFTS), later shifting to Series ‘SM’
- Market maker: Rikhav Securities Limited
- Maximum permissible spread: 10%
Regulatory Changes
No regulatory changes announced. Standard listing procedures as per NSE Capital Market Trading Regulations Part A and SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012.
Compliance Requirements
- Members must use the designated security code SATTVAENGG for trading
- Trading must be in specified lot sizes of 1,600 equity shares
- Security will be part of pre-open session for IPO category
- Market maker must maintain spread within 10%
Important Dates
- Listing effective date: September 3, 2025
- Circular effective date: September 3, 2025
- Financial year: April 2025 – March 2026
Impact Assessment
Minimal market impact as this is a routine SME IPO listing. The security will initially trade in the Trade for Trade segment requiring 100% margin, providing additional surveillance. The presence of a designated market maker (Rikhav Securities Limited) will ensure liquidity. The shares will subsequently move to normal rolling settlement, subject to regulatory compliance.
Impact Justification
Routine SME IPO listing with standard trading arrangements