Samay Project Services Limited
Bookbuilding IPO · NSE
- Price band
- ₹32 - ₹34
- Lot size
- 4,000 shares
- Issue amount
- ₹14.69 cr
- Total subscription
- 29.08×
- Opens
- 16 Jun 2025
- Closes
- 18 Jun 2025
- Allotment
- 19 Jun 2025
- Listing
- 23 Jun 2025
Offer at a glance
Issue overview
- Issue size
- 43,20,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,28,000
- Fresh issue
- ₹14.69 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Pvt Ltd
- Listing exchange
- NSE
- Maximum investment
- ₹1,36,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,10,29,320
- Shares after issue
- 1,53,49,320
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 4,000 | ₹1,36,000 |
| HNI | 2 | 8,000 | ₹2,72,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | — | 11 |
| NIB | — | 526 |
| RETAIL | — | 5,496 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 2.72 | 9.75 |
| RETAIL | 4.95 | 31.76 |
| NIB | 2.16 | 24.78 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 1.84 | 4.18 | 3.12 |
| ROE | 11.88 | 33.63 | 35.44 |
| ROCE | 12.43 | 34 | 22.94 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 8.13 | 0 |
| POST IPO(PE) | 12.89 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Samay Project Services Limited, established in November 2001, offers Engineering, Procurement, and Construction (EPC) services with a strong focus on the design, engineering, and commissioning of balance of plant (BOP) systems across various industries. The company handles a range of EPC projects, including piping systems, tanks, vessels, fabricated structures, and fire protection and detection systems. Its services include the design, supply, installation, testing, and commissioning of fire detection and protection systems like fire hydrants and spray systems. The firm also provides complete solutions for low-pressure piping systems, covering design to commissioning. It has expertise in building storage tanks and tank farms, as well as constructing cross-country pipelines for water and hydrocarbons both in India and internationally. Additionally, the company integrates electromechanical systems and instrumentation for turnkey automation projects and delivers full EPC services for BioCNG plants, managing everything from feedstock identification to final commissioning. Samay Project Services Limited is ISO 9001:2015 certified for quality management in engineering, supply, fabrication, erection, testing, and commissioning of piping, tanks, and fire protection systems. As of October 31, 2024, the company employed 54 staff members and engaged 179 contract workers, including skilled, semi-skilled, and unskilled labor, for its EPC projects.
Strengths
- Expert Engineering Team: Uses advanced design tools to deliver high-quality technical solutions.
- Wide EPC Experience: Skilled in handling projects like piping, tanks, fire safety systems, and BioCNG plants.
- Strong Client Focus: Builds long-term client relationships through trust, quality work, and reliable service.
Risk factors
- Customer Dependency: Relies heavily on a few key clients—losing them could hurt revenue.
- Legal Challenges: Ongoing court cases involving the company and its promoters may impact business and reputation.
- Cash Flow Concerns: Past negative cash flow may affect future growth and financial stability.
Promoters
Mr. Anand R
Ms. Santhi Karthikeyan
Registrar & documents
Lead manager
Smart Horizon Capital Advisors Private Limited
Registrar & contacts
Bigshare Services Pvt Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No.1218, 17th Street, West End Colony Mogappair, Thiruvallur, Chennai, Tamil Nadu
+91 9344139102
[email protected]Company website ↗Understanding SAMAY IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.