Samay Project Services Limited offers Engineering, Procurement, and Construction (EPC) services, specializing in design, engineering, and the commissioning of balance of plant (BOP) systems across various industries.
The company engages in EPC projects including:
- Piping systems
- Tanks, vessels, and fabricated structures, and
- Fire protection and detection systems.
The company provide 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 services encompassing design, engineering, supply, fabrication, erection, and commissioning of low-pressure piping systems. Bloomberg
- Storage Tanks: Expertise in designing and constructing tanks and tank farms.
- Cross Country Water and Hydrocarbon Pipelines: Execution of cross-country pipelines for water and hydrocarbons domestically and internationally.
- System Automation: Integrating electromechanical systems and instrumentation for turnkey project implementation.
- EPC of BioCNG Plants: Turnkey engineering and execution of BioCNG projects, from feedstock identification to commissioning.
The company is an ISO 9001:2015 certified organization for quality management in Engineering, Supply, Fabrication, Erection, Testing, and Commissioning of Piping, Tanks, and Fire Protection Systems.
As of October 31, 2024, the company employed 54 staff and had 179 contract labourers (skilled, semi-skilled, and unskilled) for its EPC Projects.
Samay Project Services IPO – Details
| IPO Opening Date | 16 June 2025 |
| IPO Closing Date | 18 June 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 43,20,000 Shares Worth ₹14.69 Crore Fresh Issue: 43,20,000 Shares Worth ₹14.69 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹32 – ₹34 per share |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Samay Project Services IPO – Date Schedule
| IPO Open Date | 16 June 2025 |
| IPO Close Date | 18 June 2025 |
| Basis of Allotment | 19 June 2025 |
| Initiation of Refund | 20 June 2025 |
| Credit of Shares to Demat | 20 June 2025 |
| IPO Listing Date | 23 June 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 18, 2025 |
Samay Project Services IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | ₹1,36,000 |
| Retail (Max) | 1 | 4000 | ₹1,36,000 |
| HNI (Min) | 2 | 8000 | ₹2,72,000 |
Competitive Strengths
- Strong Engineering and Technical Software and Design Team.
- Good presence in multiple EPC Segments.
- Existing client relationship.
- Committed to customer satisfaction through high-value engineering, quality execution, and delightful customer service, delivered with passion and integrity.
Company Promoters
- Mr. Anand R
- Ms. Santhi Karthikeyan
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2022 | 19.47 | 16.29 | 1.90 | -0.23 |
| 31 March 2023 | 20.82 | 17.36 | 3.43 | 1.18 |
| 31 March 2024 | 40.95 | 34.72 | 4.61 | -0.64 |
| 30 September 2024 | 18.50 | 15.73 | 2.02 | -0.11 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 33.63% |
| ROCE | 34.00% |
| Debt/Equity | 0.15 |
| RoNW | 28.79 |
| PAT Margin | 11.33 |
| Price to Book Value | 2.34 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 4.18 | 2.64 |
| P/E (x) | 8.13 | 12.89 |
Object Of The Issue
- Funding working capital requirements of the company.
- General corporate purposes.
Samay Project Services IPO Promoter Holding
| Pre Issue Share Holding | 96.29% |
| Post Issue Share Holding | – |
Samay Project Services IPO Prospectus
- Samay Project Services IPO DRHP
- Samay Project Services IPO RHP
Company Contact Information
| Samay Project Services Limited Plot No.1218, 17th Street, West End Colony Mogappair, Thiruvallur, Chennai, Tamil Nadu Phone: +91 9344139102 Email: investor@samayprojects.in Website: http://www.samayprojects.com/ |
Samay Project Services IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Samay Project Services IPO Lead Manager(s)
| 1. Smart Horizon Capital Advisors Private Limited |
Samay Project Services IPO FAQs
| What is Samay Project Services IPO? Samay Project Services IPO is a SME IPO. The issue is priced at ₹32 to ₹34 per equity share. The IPO is to be listed on NSE SME. |
| When Samay Project Services IPO will open? The IPO is to open on 16 June 2025 for QIB, NII, and Retail Investors. |
| What is Samay Project Services IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| How to Apply the Samay Project Services IPO? You can apply Samay Project Services IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Samay Project Services IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Samay Project Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Samay Project Services IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Samay Project Services IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Samay Project Services IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Samay Project Services IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Samay Project Services IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Samay Project Services IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Samay Project Services IPO Size? Samay Project Services IPO size is ₹14.69 Crore. |
| What is the Samay Project Services IPO Price Band? Samay Project Services IPO Price Band is ₹32 to ₹34. |
| What is Samay Project Services IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 4000 Shares with ₹1,36,000 amount while the maximum bid is 4000 Shares with ₹1,36,000. |
| What is the Samay Project Services IPO Allotment Date? Samay Project Services IPO allotment date is 19 June 2025. |
| What is the Samay Project Services IPO Listing Date? Samay Project Services IPO listing date is 23 June 2025. The IPO is to be listed on NSE SME. |
