Samay Project Services IPO
GMP, Subscription, Price, Dates & Financial Details
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,…
Open Date
Mon, 16 Jun 2025
Close Date
Wed, 18 Jun 2025
Price Band
₹ 32 – 34
Lot Size
4000
Issue Size
₹ 14.69 Cr
Minimum Investment
₹ 272,000 (8000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Samay Project Services IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹14.69 Crore, comprising a fresh issue of 43.20 Lakh equity shares aggregating to ₹14.69 Crore.
The Samay Project Services IPO remained open for subscription from June 16, 2025, to June 18, 2025. The basis of allotment was finalized on June 19, 2025, and the company's shares were listed on NSE SME Platform on June 23, 2025.
The company had fixed the price band at ₹32 to ₹34 per share, with a lot size of 4000 shares. Retail investors were required to make a minimum investment of ₹272,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Smart Horizon Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Samay Project Services Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Samay Project Services IPO Timeline (Tentative)
- IPO Open Date
- Mon, 16 Jun 25
- IPO Close Date
- Wed, 18 Jun 25
- Basis of Allotment
- Thu, 19 Jun 25
- Initiation of Refunds
- Fri, 20 Jun 25
- Credit of Shares to Demat
- Fri, 20 Jun 25
- Listing Date
- Mon, 23 Jun 25 — NSE & BSE
Open Date
16 June 2025
Close Date
18 June 2025
Basis Of Allotment
19 June 2025
Listing Date
23 June 2025
IPO Subscription
Check Live Subscription →The Samay Project Services IPO has received bids for 8,43,28,000 shares against 20,92,000 shares offered, resulting in an overall subscription of 40.31x. the NII category is subscribed 69.55x, Retail Investors 15.1x, and QIBs 0x.
QIB
0x
NII
69.55x
RII
15.1x
Total
40.31x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 14,56,000 shares, representing 50.35% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 6,36,000 shares (21.99%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| 800,000 | 27.66% | |
| Non-Institutional | 636,000 | 21.99% |
| Retail Investors | 1,456,000 | 50.35% |
| Total | 2,892,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Samay Project Services Limited KPI Information
| Particular | KPI as of Sun, Mar 31, 2024. |
|---|---|
| ROE % | 33.63 |
| ROCE % | 34 |
| Debt / Equity | 0.15 |
| RoNW % | 28.79 |
| Pat Margin % | 11.33 |
Peers Comparison
No Peer Comparision Available
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
Samay Project Services Limited Address / Contact Details
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
Samay Project Services IPO Lot Size
The Samay Project Services IPO has a lot size of 4,000 shares. Retail investors require a minimum investment of ₹1,36,000 by applying for 1 lot (4,000 shares). The maximum application allowed for the retail category is 1 lots (4,000 shares), requiring an investment of ₹1,36,000.
| 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 |
Issue Reservation
- — 27.66%
- NII — 21.99%
- RII — 50.35%
Book Running Lead Managers
- Smart Horizon Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Samay Project Services 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.
When will the Samay Project Services IPO open for subscription?
The Samay Project Services IPO opens on Mon, Jun 16, 2025 and closes on Wed, Jun 18, 2025
What is Samay Project Services IPO Price Band?
Samay Project Services IPO Price Band is ₹32 to 34 per share.
What is Samay Project Services IPO Lot Size?
Samay Project Services IPO lot size is 4000 shares, Retail investors need a minimum investment of ₹272000 based on the upper price band
What is the minimum investment for Samay Project Services IPO?
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.
How to apply for Samay Project Services IPO?
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.
What is Samay Project Services IPO Issue Size?
Samay Project Services IPO issue size is ₹14.69 crores.
What is the Samay Project Services IPO Allotment Date?
Samay Project Services IPO allotment date is Thu, Jun 19, 2025.
Who is the Samay Project Services IPO Registrar?
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.
Who is the Samay Project Services IPO Lead Manager?
The book-running lead managers (BRLMs) for the Samay Project Services IPO are Smart Horizon Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Samay Project Services IPO Red Herring Prospectus (RHP).