Last Updated:June 17, 2025, 18:24 IST
Samay Project IPO GMP Today: The grey market premium of the Samay Project IPO is zero, indicating negative or flat listing for the IPO.
Samay Project IPO.
Samay Project IPO Day 2: The initial public offering of Samay Project Services Ltd witnessed the second day of bidding on Monday. Till 6:19 pm on the second day of bidding on Tuesday, the Rs 13.91-crore SME IPO received a 1.98 times subscription, garnering bids for 57,16,000 shares as against 28,92,000 shares on offer.
The retail and NII participation stood at 1.76 times and 2.55 times, respectively. Its qualified institutional buyer (QIB) category got a 1.92 times subscription.
The three-day IPO will be closed on Wednesday, June 18. It received a 1.45 times subscription on Day 1 on Monday.
Samay Project Services Ltd, incorporated in 2001, provides EPC services specialising in BOP (balance of plant) systems across various industries. It is engaged in piping, tanks and structures, and fire protection solutions.
Samay Project IPO Price
The price band of the Samay Project IPO has been fixed in the range of Rs 32-34 apiece.
Samay Project IPO Lot Size
The minimum lot size is 4,000 shares, requiring a retail investment of Rs 1,28,000 (Rs 1,36,000 at cut-off price). For NIIs, the minimum is 2 lots (8,000 shares) at Rs 2,72,000.
Samay Project IPO GMP Today
According to market observers, the GMP of the Samay Project IPO is zero, indicating negative or flat listing for the IPO.
The shares of Samay Project Services Ltd will be listed on the NSE SME.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Samay Project IPO: More Info
The Samay Project Services IPO is a Rs 13.91-crore book-built issue of 40.92 lakh fresh shares. It is open from June 16 to June 18 with a price band of Rs 32–Rs 34 per share.
Samay Project Services Limited’s revenue decreased by 8% and profit after tax (PAT) dropped by 9% between the financial year ending with March 31, 2025 and March 31, 2024.
Its market capitalisation currently stands at Rs 52.19 crore.
Smart Horizon Capital is the lead manager and Bigshare Services is the registrar.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously asso… Read More
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