Samay Project Services Limited IPO (SME IPO)
Samay operates in the EPC (Engineering, Procurement, Construction) space—servicing vital industries like power, steel, and infrastructure. This diversification cushions against industry-specific downturns.
📈 Grey Market Premium (GMP)
IPO Details & Subscription
IPO Timeline
Samay Project Services IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 4000 | 1136000 |
| Retail (Max) | 1 | 4000 | 136000 |
| HNI (Min) | 2 | 8000 | 272000 |
Samay Project Services IPO Reservation
Samay Project Services Limited IPO Share Allocation Breakdown:
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15.00% of the Net Issue |
Samay Project Services Limited
Financial Information (Restated)
| Financial Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 31.77 | 24.83 | 21.28 |
| Revenue | 37.72 | 40.95 | 20.82 |
| Profit After Tax | 4.19 | 4.62 | 3.44 |
| Net Worth | 20.23 | 16.03 | 11.42 |
| Reserves and Surplus | 9.20 | 5.00 | 11.11 |
| Total Borrowing | 2.09 | -0.64 | 1.18 |
Key Performance Indicator (KPI)
📊 Market Capitalization: The estimated market cap of Samay Project Services IPO stands at ₹52.19 Crores.
| KPI | Value |
|---|---|
| ROE | 23.13% |
| ROCE | 24.56% |
| Debt/Equity | 0.10 |
| RoNW | 20.73 |
| PAT Margin | 11.29 |
| Price to Book Value | 2.34 |
AI-Generated Analysis
🔧 Sector Potential:
Samay operates in the EPC (Engineering, Procurement, Construction) space—servicing vital industries like power, steel, and infrastructure. This diversification cushions against industry-specific downturns.
🔥 Service Range:
The company’s portfolio includes fire protection systems, cross-country pipelines, storage tanks, BioCNG plants, and system automation—signaling technical depth and niche capabilities.
🏗️ Business Edge:
Its ISO 9001:2015 certification boosts credibility, while the in-house technical team and project execution record help in securing recurring business.
📊 IPO Strategy Insight:
The price band is reasonable and the issue size moderate, making it a strong SME candidate for listing pop. However, investors should bid at cutoff price to counter expected oversubscription, considering the EPC sector’s popularity.
👥 Human Capital Strength:
Despite being a lean organization (54 staff + 179 contract labor), it handles complex and large-scale industrial projects, indicating efficient management and execution capability.
📉 Risk Note:
Execution delays and working capital pressures are common in the EPC segment. Investors should factor in operational risks before subscribing.
💰 Objects of the Issue
| S.No. | Objective | Amount (₹ Cr) |
|---|---|---|
| 1 | 1️⃣ 🧾 Working Capital Requirements | ₹12.00 |
| 2 | 2️⃣ 🏢 General Corporate Purposes – [Undisclosed] |