Samay Project Services IPO subscribed 29.08 times on the last day, a retail quota was subscribed over 15.09 times, NII was subscribed over 69.19 times, and QIB was 22.64 times, respectively.
Details About Samay Project Services IPO
Samay Project Services got approval from SEBI for an IPO of around ₹14.69 crores. Samay Project Services IPO is a fully fresh issue of ₹14.69 crores with a face value of ₹10 each. Further, Samay Project Services had a set price band of ₹32 to ₹34 per share.
In the Samay Project Services IPO, 4000 shares were in 1 lot size for the retail minimum and maximum categories as well. Moreover, 8,000 shares were in 2 lot sizes for the S-HNI category.
To invest in the Samay Project Services IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,36,000.
- SHNI (S-HNI): Minimum investment of ₹2,72,000.
Samay Project Services IPO’s Subscription Duration
Samay Project Services IPO was started on June 16, 2025, and closed on June 18, 2025. The Samay Project Services IPO’s allotment date was June 19, 2025, and they received a refund on June 20, 2025. In contrast, Samay Project Services ‘ listing date is scheduled for June 23, 2025.
Samay Project Services’ IPO funds deployment
- Funding the working capital requirements of the company.
- General corporate purposes.
About Samay Project Services Company
Samay Project Services is one of the leading companies in terms of providing Engineering, Procurement, and construction (EPC) Services. It is designing, supplying, and setting up the balance of plant (BOP) Systems for different industries.
Moreover, the company has successfully executed several power plant projects, covering the design, engineering, procurement, assembly, testing, and commissioning of piping systems, associated components, and firefighting solutions.
Its key competitive advantages include a strong engineering and design team with expertise in technical software, a solid presence across various EPC segments, and a strong focus on quality assurance.
Financial Resort of the Samay Project Services Company
The revenue of the firm is ₹37.72 crores in 2025, while in 2024 the revenue was ₹40.95 crores. Moreover, the company has a profit of ₹4.19 crores in 2025 against a profit of ₹4.62 crores in 2024.
