Savy Infra and Logistics Limited has caught the market’s attention with its latest Initial Public Offering (IPO) that closed on July 23 2025. The company received an overwhelming response with a subscription of 76.19 times, showing the high level of investor confidence in its growth story. The allotment is expected today July 24 2025, and the listing will take place on July 28 2025 on the NSE SME platform.

This article covers everything you need to know about Savy Infra IPO, including company background, financials, issue details, subscription status, anchor investor data, GMP trends, allotment process, and recommendations for investors.

Business Overview

Savy Infra and Logistics is an Engineering Procurement and Construction (EPC) company that focuses on foundation preparation and earthwork for major infrastructure projects. The company specialises in:

• Road construction and embankments

• Sub-grade and granular sub-base preparation

• Bituminous and concrete surfacing

• Excavation and grading

• Utility work and paving

Initially engaged in quartzite supply, the company evolved into a full-scale infrastructure service provider. This strategic shift has enabled Savy Infra to secure large contracts and grow rapidly in the infrastructure domain.

The promoter Tilak Mundhra has played a crucial role in driving growth, ensuring operational efficiency, and maintaining high client satisfaction by supervising on-site teams and execution.

IPO Structure and Key Dates

• Issue Type: Book Built Issue

• Total Issue Size: ₹69.98 Crores

• Fresh Issue: 58.32 lakh equity shares

• Price Band: ₹114 – ₹120 per share

• Lot Size: 1200 shares

• Minimum Investment (2 lots): ₹288000

• Market Capitalisation at ₹120: ₹249.70 Crores

• Subscription Dates: July 21 to July 23 2025

• Allotment Date: July 24 2025

• Tentative Listing Date: July 28 2025

• Stock Exchange: NSE SME

Book Running Lead Manager: UNISTONE CAPITAL PRIVATE LIMITED
Registrar: MAASHITLA SECURITIES PRIVATE LIMITED
Market Maker: Globalworth Securities Limited

Anchor Investment Details

Before the IPO opened to the public, Anchor Investors invested ₹19.92 Crores by subscribing to 16,60,800 shares at ₹120 per share. Anchor allocation is done in consultation with the book running lead manager and forms part of the Qualified Institutional Buyers (QIBs) quota.

This significant anchor backing adds credibility and institutional confidence in the company’s growth story.

IPO Subscription Status

On the final day of the issue, the IPO received:

• 76.19 times overall subscription

This clearly reflects the high demand for shares and strong investor sentiment around the company’s business model and financial performance.

Grey Market Premium (GMP)

As of July 15 2025, the Grey Market Premium for Savy Infra IPO stood at ₹18, indicating an expected listing price of ₹138 against the upper issue price of ₹120.

• GMP Percentage Gain: 15.00 percent

• Expected Listing Gain: ₹18 per share

Note that GMP is unofficial and unregulated. It is not a basis for price discovery and is used only as an indication of investor interest.

Financial Highlights

Savy Infra has shown remarkable growth over the last three financial years:

The company’s financial growth trajectory proves its strong operational expansion and profitability.

Key Performance Metrics

• Pre-Issue EPS (FY24): ₹16.59

• Post-Issue EPS (FY24): ₹11.48

• Pre-Issue P/E Ratio: 7.23x

• Post-Issue P/E Ratio: 10.46x

• Industry Average P/E: 16x

• Return on Capital Employed (ROCE): 36.69 percent

• Return on Equity (ROE): 76.10 percent

• Return on Net Worth (RoNW): 45.70 percent

These numbers indicate that the IPO is fairly priced and potentially undervalued compared to the industry.

Objectives of the IPO

Savy Infra plans to utilise the net proceeds of the issue towards:

1. Working Capital Requirements: ₹4900 lakh

2. General Corporate Purposes

This allocation will help in enhancing project execution capability and scaling up operations efficiently.

Allotment Status: How to Check

To check if you’ve received the allotment, follow these steps on the registrar’s website (Maashitla Securities):

1. Go to the IPO allotment status page

2. Select Savy Infra and Logistics IPO

3. Enter Application Number or PAN or DP Client ID

4. Click Submit to view allotment result

Allotment status will be available from July 24 2025 onwards.

Risks to Consider

Even with strong fundamentals, here are key risks:

• High ticket size for retail investors ₹288000 minimum

• Heavy dependence on government infrastructure spending

• Execution and cost overrun risks in large-scale EPC projects

Investors must be aware of these risks and align their investment objectives accordingly.

Should You Apply?

If you're a risk-capable investor, this IPO offers promising short-term potential based on the following:

• High GMP indicating 15 percent listing gain

• Strong growth in revenue, EBITDA and PAT

• Backing from Anchor Investors and institutional interest

• Reasonable valuation with high ROE and ROCE

However, retail investors with lower budgets may find the ₹288000 entry barrier a concern.

Verdict: ✅ Apply for Listing Gains (for Risk-Taking Investors)

Final Thoughts

Savy Infra and Logistics has transitioned from a material supplier to a comprehensive EPC service provider. The IPO is well-received with strong subscription figures and grey market demand. The company’s robust financials and reasonable pricing make it an attractive offer for investors aiming for short-term gains as well as those looking at India’s infrastructure growth potential.

Keep track of your allotment status and be prepared for listing action on July 28 2025.

Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice or an investment recommendation. All investors should seek professional advice before investing. Market investments carry risks, and past performance is not indicative of future results.

The Upcoming IPOs in this week and coming weeks are Takyon Networks, Mehul Colours, Aditya Infotech, Sri Lotus Developers & Realty, Lakshmi India Finance, Jyoti Global Plast, B.D. Industries (Pune), Kaytex Fabrics, Umiya Mobile, Shree Refrigerations, Sellowrap Industries, Repono, Shanti Gold International, Patel Chem Specialities, NSDL.

The Current active IPO are Brigade Hotel Ventures, Indiqube Spaces, GNG Electronics, TSC India, Monarch Surveyors & Engineering Consultants.

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