Samay Project Services IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 32 – 34
Lot Size
4000
Issue Size
₹14.69 Cr
Minimum Investment
₹272000 (8000 Shares)
Listing Date
23 June 2025
Subscription
40.31x
About the Company
Samay Project Services Limited (originally incorporated in 2001 as Samay Project Services Private Limited) is an Engineering, Procurement, and Construction (EPC) service provider, focusing on Balance of Plant (BOP) systems across various industrial sectors. The company specializes in design, engineering, supply, fabrication, erection, and commissioning.
Core EPC Services
- Piping Systems:
- Handles various types: Carbon Steel, Stainless Steel, Ductile Iron, Alloy Steel (SA 335 P11, P22), etc.
- Pipe sizes range from 15 NB to 1600 NB.
- Includes low-pressure (LP), high-pressure (HP), and cross-country pipelines.
- Used in industrial processes involving liquids, gases, slurries.
- Tanks, Vessels, and Fabricated Structures:
- Fabrication of steel tanks for storage of fire water, DM water, HFO, slurry, etc.
- Includes finishing (e.g., rubber/glass flake lining) and civil works if required.
- Empanelled with BHEL for tank construction.
- Fire Detection and Protection Systems:
- Turnkey EPC for pump houses, fire hydrants, spray and foam systems, alarms, extinguishers.
- Executed projects in high-hazard industries, ports, and commercial sectors.
Key Projects & Clients
- Executed power plant EPC contracts.
- International project in Mauritius (Public Health Engineering System, 2020).
- Clients include: Rungta Mines, Triveni Engineering, Zuari Envien, AFCONS, etc.
- Empanelled with Avant Garde for fire systems.
Corporate Evolution
- Founded in 2001 under the Companies Act, 1956.
- Acquired by Comfort Solutions Pvt. Ltd. in 2008.
- Later, ownership transferred to Mr. Anand R and Ms. Santhi Karthikeyan (current promoters).
- Mr. Anand R serves as Chairman and Managing Director, leading strategic expansion.
Industry Applications
- Projects across Power, Sugar, Distilleries, Iron & Steel, Infrastructure, etc.
Promoters
- Mr. Anand R
- Ms. Santhi Karthikeyan
Promoters Holding
Holding Pre Issue
96.29%
Holding Post Issue
69.19%
Objects of the Issue
The Company Samay Project Services IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Funding working capital requirements of the company
- General Corporate Purposes
Address / Contact Info
Samay Project Services Limited
Plot No.1218, 17th Street, West End
Colony, Mogappair, Thiruvallur,
Chennai, Tamil Nadu, India, 600050
Phone: +91 9344139102
Email: investor@samayprojects.in
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 16 June 2025
IPO Close Date
Wednesday, 18 June 2025
Basis of Allotment
Thursday, 19 June 2025
Initiation of Refunds
Friday, 20 June 2025
Credit of Shares to Demat
Friday, 20 June 2025
Listing Date
Monday, 23 June 2025 — NSE & BSE
Important Dates
Open Date
16 June 2025
Close Date
18 June 2025
Basis Of Allotment
19 June 2025
Listing Date
23 June 2025
Financial Performance (₹ in Crores)
| Particular | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 27.62 | 24.83 | 21.28 | 14.93 |
| Revenue | 18.51 | 40.95 | 20.82 | 19.48 |
| Profit After Tax | 2.02 | 4.62 | 3.44 | 1.9 |
| Net Worth | 18.06 | 16.03 | 11.42 | 7.98 |
| Reserve & Surplus | 7.03 | 5 | 11.11 | 7.67 |
| Total Borrowings | -0.11 | -0.64 | 1.18 | -0.23 |
EPS Pre
4.18%
EPS Post
2.64%
P/E Pre
8.13
P/E (Post Issue)
12.89x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 33.63 |
| ROCE % | 34 |
| Debt / Equity | 0.15 |
| RoNW % | 28.79 |
| PbW | 0 |
| Pat Margin % | 11.33 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| 800000 | 27.66 | 0 | |
| Non-Institutional | 636000 | 21.99 | 0 |
| Retail Investors | 1456000 | 50.35 | 0 |
| Total | 2892000 | 100 | 0 |
Subscription Status ( Wed, 18 Jun 25 01:48 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 18112000 | 0x |
| Non-Institutional | 636000 | 44232000 | 69.55x |
| Retail Investors | 1456000 | 21984000 | 15.1x |
| Total | 2092000 | 84328000 | 40.31x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | 136,000.00 |
| Retail (Max) | 1 | 4,000 | 136,000.00 |
| S-HNI (Min) | 2 | 8,000 | 272,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Samay Project Services IPO is a Book-building IPO worth ₹14.69 crores. The price band is ₹32 to 34 per share. The IPO opens on Mon, Jun 16, 2025 and closes on Wed, Jun 18, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Samay Project Services IPO opens on Mon, Jun 16, 2025 and closes on Wed, Jun 18, 2025
Samay Project Services IPO Price Band is ₹32 to 34.
Samay Project Services IPO lot size is 4000, and the minimum amount required for application is ₹272000.
The minimum investment for Samay Project Services IPO is approximately ₹272000 based on the upper price band.
To apply for the Samay Project Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Jun 18, 2025. After submission, funds are blocked until the basis of allotment of Samay Project Services IPO is finalised.
Samay Project Services IPO issue size is ₹14.69 crores.
Samay Project Services IPO allotment date is Sat, Jun 27, 2026.
The registrar for Samay Project Services IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Samay Project Services IPO through their official website or helpline.