Samay Project Services Limited Link 
Allotment
Samay Project Limited launched a book-built IPO worth ₹14.69 crore, comprising entirely a fresh issue of 0.43 crore equity shares.
The IPO was open for subscription from June 16, 2025, to June 18, 2025, with allotment finalized on June 19, 2025. The company’s shares were subsequently listed on the NSE SME platform on June 23, 2025.
The IPO was offered at a price band of ₹34 per share. Investors could apply in a lot size of 4,000 shares, requiring a minimum investment of ₹1,28,000 for retail applicants. High Net-worth Individuals (HNIs) were required to apply for a minimum of two lots (8,000 shares), amounting to ₹2,72,000.
Smart Horizon Capital Advisors Pvt. Ltd. acted as the Book Running Lead Manager, while Bigshare Services Pvt. Ltd. served as the registrar of the issue. Shreni Shares Ltd. was appointed as the market maker for the IPO.
₹34
0%
Open
₹34
HIgh - Low
₹34
Previous Close
₹34
Total Traded Value
0
52 Weeks High
₹34
52 Weeks Low
₹34
Updates On
Jun 10, 2025
IPO. Open
Jun 16, 2026
IPO. Close
Jun 18, 2026
IPO. Price
₹34.00
IPO Market price
₹52.19 Cr
IPO Details
| IPO Date | 23 Jun |
| IPO Listing Date | 23 Jun |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹34.00 |
| IPO Issue Size | 43,20,000 shares |
| IPO Sale Type | Fresh Capital |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,10,29,320 shares |
IPO Timeline
| IPO Open Date | 16 Jun |
| IPO Close Date | 18 Jun |
| IPO Allotment (Tentative) | 19 Jun |
| Refunds | 20 Jun |
| Credit to Demat Account | 20 Jun |
| IPO Listing Date | 23 Jun |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 20,00,000 Shares |
| NII (HNI) Shares Offered | 6,36,000 Shares |
| Retail Shares Offered | 14,56,000 Shares |
IPO Lot Size
Investors may apply for a minimum of 1,200 shares, with bids accepted in multiples of 1,200 shares.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,44,000 |
| Retail (Max) | 1 | 1,200 | ₹1,44,000 |
| S-HNI (Min) | 2 | 2,400 | ₹2,88,000 |
| S-HNI (Max) | - | - | - |
| B-HNI (Min) | - | - | - |
Incorporated in November 2001, Samay Project Services Limited provides Engineering, Procurement, and Construction (EPC) services, specializing in the design, engineering, and commissioning of Balance of Plant (BOP) systems across various industries.
The company executes EPC projects in areas such as:
Piping Systems
Tanks, Vessels, and Fabricated Structures
Fire Protection and Detection Systems
Services Offered
Fire Detection & Protection Systems – Design, supply, installation, testing, and commissioning (SITC) of fire detection and protection systems, including fire hydrant and spray systems.
Piping and Appurtenances – Comprehensive solutions covering design, engineering, supply, fabrication, erection, and commissioning of low-pressure piping systems.
Storage Tanks – Expertise in designing and constructing tanks and tank farms.
Cross-Country Water & Hydrocarbon Pipelines – Execution of domestic and international pipelines for water and hydrocarbons.
System Automation – Integration of electromechanical systems and instrumentation for turnkey project delivery.
EPC of BioCNG Plants – Turnkey engineering and execution of BioCNG projects, from feedstock identification to commissioning.
The company is ISO 9001:2015 certified for quality management in the engineering, supply, fabrication, erection, testing, and commissioning of piping, tanks, and fire protection systems.
As of October 31, 2024, Samay Project Services employed 54 full-time staff and 179 contract laborers (skilled, semi-skilled, and unskilled) for its EPC projects.
Competitive Strengths
Strong engineering and technical software design capabilities
Established presence across multiple EPC segments
Long-standing client relationships
Commitment to customer satisfaction through high-value engineering, quality execution, and service delivered with passion and integrity
Company Financials (Consolidated)
| Assets | 31.77 | 24.83 | 21.28 |
| Total Income | 37.72 | 40.95 | 20.82 |
| Profit After Tax | 4.19 | 4.62 | 3.44 |
| EBITDA | - | - | - |
| NET Worth | 20.23 | 16.03 | 11.42 |
| Reserves and Surplus | 9.2 | 5 | 11.11 |
| Total Borrowing | 2.09 | -0.64 | 1.18 |
Key Performance Indicator (KPI)
| ROE | 23.13% |
| ROCE | 24.56% |
| Debt/Equity | 0.1 |
| RoNW | 20.73 |
| PAT Margin | 11.29% |
| EBITDA Margin | 15.50% |
| Price to Book Value | 1.85 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 12 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
Samay Project Services Ltd. Address
Plot No.1218,
17th Street, West End Colony
Mogappair, Thiruvallur,
Chennai, Tamil Nadu, 600050
+91 9344139102
investor@samayprojects.in
http://www.samayprojects.com/
Detail Registrar
IPO Registrar
Bigshare Services Pvt.Ltd.
+91-22-6263 8200
ipo@bigshareonline.com
https://ipo.bigshareonline.com/IPO_Status.html
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