Samay Project Services IPO Subscribed over 1.44x on Day 1

Samay Project Services IPO subscribed over 1.44x on its first day of subscription, wherein QIB subscribed 1.92x, NII subscribed 2.68x, and RII subscribed 0.63x.

Samay Project Services subscription started on June 16, 2025, and will close on June 18, 2025, as per the schedule. The price band is set at ₹32 to ₹34 per share with a face value of ₹10.  

Samay Project Services IPO Subscription Status

Samay Project Services IPO subscribed over 1.44x on its first day till 5.00 PM on 16 June 2025.  

  • Samay Project Services IPO subscription QIB investors portion is 1.92 times, while NII subscribed 2.68 times and RII investors subscribed 0.63 times. 
  • The company has received bids for 41,52,000 shares against 28,92,000 shares on offer on the first day of subscription. 
  • Samay Project Services IPO subscribed over 1.44x on its First day.

About Samay Project Services Company

Samay Project Services Limited mainly provides Engineering, Procurement, and Construction (EPC) services. It specializes in designing, supplying, and setting up balance of plant (BOP) systems for different industries. Further, the company is also involved in the EPC projects, Piping System, (ii) Tanks and vessels, and fabricated structures; and (iii) fire protection and detection systems/firefighting systems. The company has completed numerous power plant projects involving the design, engineering, supply, assembly, testing, and commissioning of piping, related components, and firefighting systems. Their competitive strengths are here: strong engineering and technical software and design team, good presence in multiple EPC segments, and quality assurance.

Samay Project Services Financial Report

The company reported revenue of ₹37.72 crores in 2025 against ₹40.95 crore in 2024. The company reported profit of ₹4.19 crores in 2025 against profit of ₹4.62 crores in 2024.

Samay Project Services IPO GMP: 

Samay Project Services IPO GMP was ₹0 as of Monday, June 16, 2025. That indicates the IPO is trading at ₹34 with a ₹0 premium in the grey market against the issue price of ₹ ₹34. 

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