Samay Project Services IPO is a book-built issue IPO, aiming to raise ₹13.91 crore. It is an entirely a fresh issue of 40.92 lakh shares. The bidding window was open from June 16, 2025, to June 18, 2025, with the IPO allotment to be finalised tomorrow on June 19, 2025. Samay Project Services is scheduled to list on NSE SME on June 23, 2025.
The IPO was priced at a range of ₹32 – ₹34 per share with a lot size of 4000 shares. The public issue received bids for 2,75,00,000 shares against 28,92,000 shares available, resulting in an overall subscription of 9.51 times. NIIs led the response, subscribing 14.47 times their quota, followed by QIBs at 10.82 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Samay Project Services" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Samay Project Services" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website.
● Select "Samay Project Services" from the company list.
● Enter your Client ID, Application Number, or PAN.
● Click on Submit.
Samay Project Services' ₹13.91 crore IPO, priced between ₹32 – ₹34 per share, was subscribed 9.51 times overall. The IPO is an entirely a fresh issue of 40.92 lakh shares. Bidding took place from June 16 to June 18, 2025, with the Samay Project Services IPO allotment status on June 19, 2025. Retail investors subscribed 6.63 and NIIs 14.47 times. Listing is expected on June 23, 2025.
The table below breaks down the Samay Project Services share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 2,28,000 (5.28%) |
Anchor Investor Shares Offered | 12,00,000 (27.78%) |
QIB Shares Offered | 8,00,000 (18.52%) |
NII (HNI) Shares Offered | 6,36,000 (14.72%) |
Retail Shares Offered | 14,56,000 (33.70%) |
Total Shares Offered | 43,20,000 (100.00%) |
Data Source: NSE
Category | Subscription (times) |
Qualified Institutional Buyers | 10.82 |
Non-Institutional Investors | 14.47 |
Retail Individual Investors | 6.63 |
Total shares | 9.51 |
Note: The subscription details are as of June 18, 2025
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.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 18, 2025, 6:52 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and asset management, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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