The IPO, which opened on June 16 and closed on June 18, was entirely a fresh issue comprising 40.92 lakh shares. The price band was set at Rs 32 to Rs 34 per share with a lot size of 4,000 shares, translating to a minimum investment of Rs 1.36 lakh for retail investors at the upper band.
The offering received robust demand across investor categories and was subscribed 29.08 times overall. The retail portion was subscribed 15.09 times, NIIs subscribed 69.19 times, while the QIB portion was booked 22.64 times. Anchor investors came in with Rs 4.08 crore a day before the IPO opened.
Investors can check their allotment status by following these steps:
Via Bigshare Services portal
Visit: https://ipo.bigshareonline.com/ipo_status.html
Select “Samay Project Services Limited” from the dropdown listEnter PAN, application number or DP Client IDClick ‘Search’ to view the allotment details
Via BSE website
Go to: https://www.bseindia.com/investors/appli_check.aspx
Choose ‘Equity’ and select ‘Samay Project Services Ltd’ from the dropdown
Provide PAN and application number to check the status
Incorporated in 2001, Samay Project Services offers EPC services focused on fire protection systems, pipelines, tanks, and BioCNG plant development. The company works across industrial segments, and its projects span piping systems, storage tanks, and fire safety installations.
Financially, the company reported Rs 37.72 crore in revenue and Rs 4.19 crore in PAT for FY25. The grey market premium (GMP) remains muted at zero, suggesting a cautious listing sentiment despite solid subscription numbers.
Investors now await the company’s listing and post-market performance.