For ages, concrete has been used to construct underwater structures. Concrete laying underwater is a very complex procedure important to the success or failure of underwater projects. This paper elucidates the influence of alkali activator ratios on geopolymers for underwater concreting; focusing on the geopolymer concrete synthesized from fly ash and kaolin activated using sodium hydroxide and sodium silicate solutions. The geopolymer mixtures were designed to incorporate multiple alkali activator ratios to evaluate their effects on the resulting geopolymers’ properties. The fresh concrete was molded into 50 mm cubes in seawater using the tremie method and tested for its engineering properties at 7 and 28 days (curing). The control geopolymer and underwater geopolymers’ mechanical properties, such as compressive strength, water absorption density, and setting time were also determined. The differences between the control geopolymer and underwater geopolymer were determined using phase analysis and functional group analysis. The results show that the geopolymer samples were optimally strengthened at a 2.5 alkali activator ratio, and the mechanical properties of the control geopolymer exceeded that of the underwater geopolymer. However, the underwater geopolymer was determined to be suitable for use as underwater concreting material as it retains 70% strength of the control geopolymer.