Samay Project Services IPO Details
The Samay Project Services IPO is a book build issue with a total issue size of ₹14.69 cr, comprising of fresh issue of 4320000 equity shares. Samay Project Services IPO opened for subscription on Jun 16, 2025 and closed on Jun 18, 2025. Samay Project Services IPO is set price band at ₹32 to ₹34 per share, with a lot size of 4000 shares. Minimum investment for Retail investors was ₹272,000.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Jun 19, 2025, and listed on the NSE on Jun 23, 2025.
Bigshare Services Pvt Ltd has been appointed as the registrar. Smart Horizon Capital Advisors Private Limited are the Book Running Lead Manager for the issue.
Before investing in the Samay Project Services IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 32 – 34
- Lot Size
- 4000
- Issue Size
- ₹14.69 Cr
- Minimum Investment
- ₹272000 (8000 Shares)
- Listing Date
- 23 June 2025
Current GMP
₹0 (0.00%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
About Samay Project Services Limited
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.
Samay Project Services IPO Promoters
- Mr. Anand R
- Ms. Santhi Karthikeyan
Promoters Holding
Holding Pre Issue
96.29%
Holding Post Issue
69.19%
Samay Project Services IPO Objective
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
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
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 with a total issue size of ₹14.69 crore. The Samay Project Services IPO price band is ₹32 to 34 per share. The Samay Project Services IPO subscription opens on Mon, Jun 16, 2025, and closes on Wed, Jun 18, 2025. The Samay Project Services IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Samay Project Services IPO.
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 per share.
Samay Project Services IPO lot size is 4000 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
The minimum investment for Samay Project Services IPO is ₹272000, based on one lot of 4000 shares at the upper price band of ₹34 per share.
Investors can apply for the Samay Project Services IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Wed, Jun 18, 2025. The application amount remains blocked until the Samay Project Services IPO allotment is finalized.
Samay Project Services IPO issue size is ₹14.69 crores.
Samay Project Services IPO allotment date is Wed, Jul 1, 2026.
The registrar for Samay Project Services IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Samay Project Services IPO allotment status, refund processing, and other IPO-related information.