Samay Project Services Ltd

Samay Project Services Ltd IPO

Samay Project Services Ltd IPO Price Range is ₹32 - 34, with a minimum investment of ₹1,36,000 for 4000 shares.

₹1,36,000

/ 4000 shares

Minimum Investment

View Samay Project Services Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹32 - 34

Open Date

2025-06-16

Close Date

2025-06-18

IPO Size

₹14.69 Cr

Lot Size

4000 shares

Min Investment

₹1,36,000

Listing Exchange

NSE

Samay Project Services Ltd IPO Application Timeline

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Open Date16 Jun 2025
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Close Date18 Jun 2025
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Allotment Date19 Jun 2025
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Listing Date23 Jun 2025

IPO Subscription Status

IPO subscribed over

🚀 27.026x

This IPO has been subscribed by 15.093x in the retail category and 22.64x in the QIB category.

Subscription Rate

Total Subscription27.026x
Retail Individual Investors15.093x
Qualified Institutional Buyers22.64x
Non Institutional Investors69.547x
NameSamay Project Services Ltdx

Strengths and Risks

Strengths

Strengths

  • Strong Engineering and Technical Software and Design Team.

  • Good presence in multiple EPC Segments.

  • Existing relationship with clients.

  • Quality Assurance.

  • Experienced management team.


Risks

Risks

  • The company derived 63.06% and 84.26% & 62.34% and 87.14% of its revenue from its top five and top ten customers, respectively, for Fiscal 2025 and Fiscal 2024, and any inability to retain its key customers or attract new customers and expand its customer network, could negatively affect its business and results of operations.

  • There are outstanding litigations involving the Company and its Promoters which, if determined adversely, may affect its business and financial condition.

  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

  • In respect of its governmental customers, projects are typically awarded to it on satisfaction of prescribed prequalification criteria and following a competitive bidding process. Its business and the company financial condition may be adversely affected if new EPC projects are not awarded to it or if orders awarded to the company is prematurely terminated.

  • The company derives majority of its revenues from limited number of government entities for the past 3 financial years. Any adverse changes in the central or state government policies may lead to its orders being foreclosed, terminated, restructured or renegotiated, which may have a material effect on its business and results of operations.

  • The Company in the usual course of Business does not have any long term contracts with its Customers and the company relies on purchase orders for delivery of EPC products and services. Loss of one or more of its orders or reduction in revenue derived from that orders, may adversely affect its Business, Results of Operations and Financial Condition.

  • Increases in the prices or its failures to obtain raw materials, parts and other materials required for the company operations could adversely affect its business and results of operations.

  • The company depends on its suppliers for raw materials, parts and other materials. Any interruption in the availability of raw materials, parts and other materials, or any disruption, breakdown or shutdown of its suppliers or any instability of its supplier base could adversely impact its operations.

  • The company source its majority of the raw materials from domestic market i.e. Chhattisgarh, Maharashtra, Tamil Nadu and Telangana and from International Markets i.e. China and Europe. Any adverse developments affecting its procurement in these regions could have an adverse impact on its revenue and results of operations.

  • The Restated Financial Statements have been provided by Peer Reviewed Chartered Accountants who is not Statutory Auditor of the Company.

How to Apply for Samay Project Services Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Samay Project Services Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Samay Project Services Ltd

Our Company is primarily engaged in Engineering, Procurement and Construction (EPC) Services providing specialized services in design, engineering, supply, fabrication, erection and commissioning of balance of plant (BOP) systems in various industries. Our Company is involved in EPC projects which consists of (i) Piping System, (ii) Tanks and vessels and fabricated structures; and (iii) fire protection and detection systems / firefighting systems (FFS). Our Company was established in the year 2001 as `Samay Project Services Private Limited, a private limited company under the Companies Act, 1956.

Frequently Asked Questions of Samay Project Services Ltd IPO

What is the size of the Samay Project Services Ltd IPO?

The size of the Samay Project Services Ltd IPO is ₹14.69 Cr.

What is the allotment date of the Samay Project Services Ltd IPO?

Samay Project Services Ltd IPO allotment date is Jun 19, 2025 (tentative).

What are the open and close dates of the Samay Project Services Ltd IPO?

The Samay Project Services Ltd IPO will open on Jun 16, 2025 and close on Jun 18, 2025

What is the lot size of Samay Project Services Ltd IPO?

The lot size for the Samay Project Services Ltd IPO is 4000.

When will my Samay Project Services Ltd IPO order be placed?

Your Samay Project Services Ltd IPO order will be placed on Jun 16, 2025

Can we invest in Samay Project Services Ltd IPO?

Yes, once Samay Project Services Ltd IPO opens, you can invest in the shares of the company.

What would be the listing gains on the Samay Project Services Ltd IPO?

The potential listing gains on the Samay Project Services Ltd IPO will depend on various market factors and cannot be predicted with certainty.

What is 'pre-apply' for Samay Project Services Ltd IPO?

'Pre-apply' for Samay Project Services Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.