Savy Infra IPO is a book-built issue of ₹69.98 crore, comprising a fresh issue of 58.32 lakh equity shares. The IPO will open for subscription on July 21, 2025, and close on July 23, 2025. The basis of allotment is expected to be finalised on July 24, 2025.
The shares are proposed to be listed on NSE SME, with a tentative listing date of July 28, 2025. The price band for the IPO is fixed at ₹114 to ₹120 per share. Investors can apply in a minimum lot size of 1,200 shares. For retail investors, the minimum investment amount is ₹2,73,600 for 2,400 shares. For HNI applicants, the minimum application size is 3 lots or 3,600 shares, amounting to ₹4,32,000.
Unistone Capital Private Limited is acting as the book-running lead manager for the issue. Maashitla Securities Private Limited has been appointed as the registrar to the issue. Globalworth Securities Limited is the designated market maker for the IPO.
For further details and risk disclosures, refer to the Red Herring Prospectus (RHP) of Savy Infra IPO.
Industry Outlook
- The production of India’s Capital Goods sector rose from ₹2.29 lakh crore in FY15 to ₹4.29 lakh crore in FY24, showing strong growth that supports sectors like infrastructure, construction, and engineering.
- The National Infrastructure Pipeline has projects worth over US$ 2 trillion under implementation, creating high demand for engineering services and logistics support.
- Engineering goods exports reached ₹7.61 lakh crore in FY25 (till December), and the construction equipment industry grew by 26% in FY23, reflecting rising infrastructure activity.
Savy Infra IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- The company plans to use the funds raised from the IPO to meet its working capital needs. This will help Savy Infra & Logistics Limited manage day-to-day operations smoothly and support business growth.
- The remaining funds will be used for general corporate purposes, including working capital and other strategic initiatives.
About Savy Infra & Logistics Limited
Savy Infra & Logistics Limited is an Engineering, Procurement and Construction (EPC) company focused on providing earthwork and foundation preparation services for large-scale infrastructure projects. The company specialises in road construction, embankments, sub-grade preparation, and paving, using both bituminous and concrete surfaces.
It has evolved from supplying quartzite to delivering integrated EPC solutions, including excavation, grading, utility work, and demolition services. In addition to core construction activities, the company has developed strong logistics capabilities, managing the efficient transportation and disposal of excavated materials.
It offers Full Truck Load (FTL) logistics services for infrastructure, steel, and mining sectors, ensuring point-to-point delivery with minimal handling and faster turnaround. Operating under an asset-light model, Savy Infra & Logistics rents trucks and machinery, avoiding ownership costs and focusing on efficient execution.
Established originally as Shubhangi Metals Private Limited in 2006, the company underwent a series of changes before becoming Savy Infra & Logistics Limited in 2024. Promoter Tilak Mundhra leads the company’s EPC and logistics efforts, bringing in over a decade of experience from the construction sector.
The company’s footprint spans several Indian states, including Gujarat, Maharashtra, Andhra Pradesh, Telangana, and Karnataka, having completed projects such as land grading, embankment construction, and fencing.
By combining civil engineering expertise with logistics efficiency, Savy Infra & Logistics Limited continues to deliver reliable infrastructure services to its clients across sectors.
How To Check the Allotment Status of the Savy Infra 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 Savy Infra 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 Savy Infra 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 Savy Infra IPO
Registered Office: Office No. 718, Seventh Floor Sharafn Circle business Hub, Nr Sharan Circle Zundal Cross, Zundal, Gandhi Nagar- 382421- Gujarat, India.
Phone: +91 9227027522
E-mail: compliance@savyinfra.com
Savy Infra IPO Reservation
|
Investor Category |
Shares Offered |
|
Retail Individual Investors |
Not less than 35% of the Issue |
|
Non-Institutional Investors |
Not less than 15% of the Issue |
|
Qualified Institutional Buyers (QIBs) |
Up to 50% of the Issue |
Savy Infra IPO Lot Size
|
Application |
Lots |
Shares |
Amount |
|
Individual investors (Retail) (Min) |
2 |
2,400 |
₹2,73,600 |
|
Individual investors (Retail) (Max) |
2 |
2,400 |
₹2,88,000 |
|
S-HNI (Min) |
3 |
3,600 |
₹4,32,000 |
|
S-HNI (Max) |
6 |
7,200 |
₹8,64,000 |
|
B-HNI (Min) |
7 |
8,400 |
₹10,08,000 |
Savy Infra IPO Promoter Holding
The promoters of Savy Infra & Logistics Limited are Tilak Mundhra and Liladhar Mundhra.
|
Share Holding Pre-Issue |
85.87% |
|
Share Holding Post Issue  |
- |
Note: The equity dilution will be determined by calculating the difference between the shareholding before the issue and the shareholding after the issue.
Key Performance Indicators for Savy Infra IPO
The market capitalisation of Savy Infra IPO stands at ₹249.70 crore, based on data available as of Monday, March 31, 2025.
|
KPI |
Value |
|
RoE (%) |
76.10 |
|
RoCE (%) |
36.69 |
|
Price to Book Value |
3.44 |
|
PAT Margin (%) |
8.43 |
|
EBITDA Margin (%) |
12.57 |
Price Metrics
|
Metric |
Pre-IPO |
Post-IPO |
|
EPS (₹) |
15.94  |
11.48 |
|
P/E (x) |
7.53  |
10.46 |
Note: The Pre-IPO EPS is based on the shareholding before the issue and the financial results for the year ending March 31, 2025, as mentioned in the RHP. The Post-Issue EPS is calculated using the shareholding after the issue and the annualised earnings for the same financial year, as per the details available in the RHP.
Savy Infra IPO Prospectus
Savy Infra IPO Registrar and Lead Managers
Savy Infra IPO Lead Managers
- Unistone Capital Private Limited
Registrar for Savy Infra IPO
Maashitla Securities Private Limited
- Contact Number: +91-11-45121795-96
- Email Address: ipo@mashitla.com
Savy Infra IPO Registrar
Financial Performance of Savy Infra & Logistics Limited
| Particulars | Year ending on March 31, 2025 | Year ending on March 31, 2024 |
|---|---|---|
| Revenue from Operation (in ₹ lakh) | 28,339.05 | 10,159.32 |
| Profit After Tax (₹ in Lakh) | 2,387.79 | 986.66 |
| EBITDA (in ₹ lakh) | 3,561.50 | 1,494.66 |
| Debt to Equity Ratio (x) | 0.86 | 0.81 |
| Current Ratio (x) | 1.50 | 1.25 |
| Earnings per Share (₹) | 16.59 | 8.22 |
| Net Worth (in ₹ lakh) | 5,224.61 | 1,050.93 |
Know before investing
Strengths
5Operates an asset-light model, reducing ownership costs and boosting operational flexibility.
Completed 49+ projects across India, showcasing strong execution in infrastructure development.
Reported FY25 revenue of ₹28,339.05 lakh and PAT of ₹2,387.79 lakh.
The company is managing 12 live projects worth over ₹20,142 lakh with steady execution focus.
The order book includes upcoming projects worth ₹23,056 lakh.
Risks
5Revenue depends on few customers from infrastructure, steel, mining sectors.
EPC segment contributed 80.36% revenue in FY25, showing high dependency.
Major operations are concentrated in Gujarat, Maharashtra, and Andhra Pradesh.
No long-term customer contracts may impact future business stability.
Over ₹20,000 lakh revenue depends on West and South zone operations.
