Samay Project Services IPO

About Samay Project Services IPO

Samay Project Services IPO is a book-built issue worth ₹14.69 crore. The IPO consists entirely of a fresh issue of 43.20 lakh equity shares. The IPO opens for subscription on June 16, 2025, and closes on June 18, 2025. The allotment is expected to be finalised on June 19, 2025, with tentative listing on NSE SME scheduled for June 23, 2025.

The IPO is priced in a band of ₹32 – ₹34 per share. Retail investors must apply for a minimum of 1 lot comprising 4000 shares, requiring an investment of ₹1,36,000 at the cutoff price. HNI investors must apply for a minimum of 2 lots (8000 shares), amounting to ₹2,72,000.

Smart Horizon Capital Advisors Private Limited is the book-running lead manager to the issue, and Bigshare Services Private Limited is the registrar.

For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Samay Project Services IPO RHP.

Industry Outlook

1. India’s infrastructure sector is a cornerstone of economic development, encompassing a wide array of industries such as power, steel, mining, and heavy engineering. The sector is witnessing robust growth, driven by government-led initiatives and increased private sector participation.
2. Schemes like the National Infrastructure Pipeline (NIP), PM GatiShakti, and Production Linked Incentive (PLI) are fostering investment in core infrastructure, enhancing logistics efficiency, and encouraging domestic manufacturing. These initiatives are expected to generate significant demand for EPC (Engineering, Procurement and Construction) services across industrial and public sector projects.
3. The EPC segment, in particular, is benefiting from the expansion of renewable energy, modernisation of power plants, and the development of industrial corridors. Samay Project Services Limited, with its expertise in balance of plant (BoP) systems, piping, structural fabrication, and fire safety systems, is well-positioned to capitalise on these opportunities.
4. However, the industry faces challenges such as project execution delays, regulatory bottlenecks, and input cost volatility. Additionally, the sector’s reliance on government contracts exposes it to policy shifts and budgetary constraints.

Samay Project Services IPO Objectives

The company proposes to utilise the net proceeds from the IPO for the following objectives:

1. Strengthen working capital reserves to support the company’s expanding EPC operations, ensuring timely procurement, efficient project execution, and improved liquidity.
2. Enhance operational flexibility by addressing general corporate requirements, including administrative overheads, brand positioning, and strategic business initiatives.
3. Improve corporate visibility and brand credibility through public listing, thereby facilitating future capital raising and strategic partnerships.
4. Establish a public market for the company’s equity shares, enabling broader investor participation and supporting long-term growth ambitions.

About Samay Project Services Limited

Samay Project Services Limited was originally incorporated as Samay Project Services Private Limited on 8 November 2001 under the Companies Act, 1956. It was subsequently converted into a public limited company and renamed Samay Project Services Limited on 7 August 2024.

The company is engaged in providing Engineering, Procurement and Construction (EPC) services, specialising in the design, engineering, supply, fabrication, erection, and commissioning of balance of plant (BoP) systems. Its core offerings include piping systems, tanks and vessels, fabricated structures, and fire protection and detection systems.

Samay Project Services caters to a diverse range of industries including power, iron and steel, mining, bioenergy, and pharmaceuticals. Its operations are primarily based in India, with a strong presence in states such as Telangana, Maharashtra, Tamil Nadu, and Chhattisgarh, and it has also executed projects in international markets like Mauritius and the UAE.

With a focus on technical expertise, timely execution, and quality assurance, the company aims to strengthen its position in the EPC sector and capitalise on the growing infrastructure and industrial development across domestic and global markets.

How To Check the Allotment Status of the Samay Project Services IPO?

Steps to check IPO allotment status on Angel One’s app:

• Log in to the Angel One app.
• Go to the IPO Section and then to IPO Orders.
• Select the individual IPO that you had applied for and check the allotment status.
• Angel One will notify you of your IPO allotment status via push notification and email.

How To Apply for Samay Project Services IPO Online?

• Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
• Locate the IPO Section: Navigate to the 'IPO' section on the platform.
• Select IPO: Find and select the Samay Project Services IPO from the list of open IPOs.
• Enter the Lot Size: Specify the number of lots you want to bid for.
• Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
• Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.

Contact Details of Samay Project Services IPO

Registered office: Plot No. 1218, 17th Street, West End Colony, Mogappair, Thiruvallur, Chennai – 600050, Tamil Nadu, India.

Phone: +91 93441 39102

E-mail: investor@samayprojects.in

Samay Project Services IPO Reservation

Samay Project Services IPO Lot Size

Samay Project Services IPO Promoter Holding

The promoters of the company are Mr. Anand R and Ms. Santhi Karthikeyan.

Key Performance Indicators for Samay Project Services IPO

Here are the KPIs of Samay Project Services:

Samay Project Services IPO Prospectus

• Samay Project Services IPO RHP
• Samay Project Services IPO DRHP

Samay Project Services IPO Registrar and Lead Managers

Samay Project Services IPO Lead Managers

• Smart Horizon Capital Advisors Private Limited

Registrar for Samay Project Services IPO

Bigshare Services Private Limited

• Contact Number: +91-22-6263 8200
• Email Address: ipo@bigshareonline.com

Samay Project Services IPO Registrar