Savy Infra & Logistics IPO opens July 21: Check GMP, subscription details, price band
NOOR MOHMMED
17/Jul/2025

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Savy Infra IPO to open from July 21–23, 2025; price band fixed at ₹114–₹120 per share, with lot size of 1,200 shares.
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Fresh issue size stands at ₹69.98 Cr; minimum investment of ₹2,88,000 required for retail investors.
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Grey Market Premium (GMP) at ₹18 signals 15% expected listing gain; risk-tolerant investors may consider subscribing.
avy Infra & Logistics Limited is a fast-growing Engineering, Procurement, and Construction (EPC) company, primarily engaged in earthwork and foundation development for infrastructure projects. The firm has evolved from a raw material supplier to a full-service EPC player offering a broad spectrum of services including excavation, utility development, grading, paving, and road construction.
The company is promoted by Tilak Mundhra, who oversees EPC and logistics initiatives, with a sharp focus on project execution and relationship management.
IPO Details
The company’s IPO is a Book Built Issue of ₹69.98 Crores, comprising only a fresh issue of 58.32 lakh equity shares.
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IPO Open Date: July 21, 2025
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IPO Close Date: July 23, 2025
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Allotment Finalization: July 24, 2025 (Thursday)
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Tentative Listing Date: July 28, 2025 (Monday)
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Listing on: NSE SME
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Price Band: ₹114 to ₹120 per share
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Lot Size: 1,200 shares
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Minimum Investment: ₹2,88,000 (for 2 lots)
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Market Capitalisation at Upper Band: ₹249.70 Crores
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Book Running Lead Manager: Unistone Capital Private Limited
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Registrar: Maashitla Securities Private Limited
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Market Maker: Globalworth Securities Limited
Use of IPO Proceeds
The proceeds from the IPO will be used for:
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₹49.00 Crores – Funding working capital requirements.
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General corporate purposes to support business expansion and operations.
Grey Market Premium (GMP) Update
As of 15 July 2025, the GMP for Savy Infra IPO stands at ₹18, indicating a potential listing price of ₹138, about 15% higher than the upper IPO band.
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IPO Price: ₹120
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Expected Listing Price: ₹138
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GMP: ₹18 (15.00%)
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Last Updated: 15 July 2025, 7:00 PM
⚠️ Note: GMP is unofficial and fluctuates based on demand in the unregulated grey market. It should not be the sole basis for investment.
Financial Performance Overview
Savy Infra has shown remarkable financial growth over the past three fiscal years:
Fiscal Year | Revenue from Operations | EBITDA | PAT |
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FY2025 | ₹28,376.56 Lakhs | ₹3,705.02 Lakhs | ₹2,387.79 Lakhs |
FY2024 | ₹10,162.44 Lakhs | ₹1,609.55 Lakhs | ₹986.66 Lakhs |
FY2023 | ₹619.19 Lakhs | ₹68.17 Lakhs | ₹33.76 Lakhs |
The company’s revenue and profit have shown multi-fold growth, highlighting its operational scalability and rising order book.
Valuation Metrics
The IPO pricing appears reasonable when benchmarked against industry standards:
Metric | Value (FY24) |
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Pre-Issue EPS | ₹16.59 |
Post-Issue EPS | ₹11.48 |
Pre-Issue P/E | 7.23x |
Post-Issue P/E | 10.46x |
Industry P/E (EPC) | 16x |
ROCE | 36.69% |
ROE | 76.10% |
RoNW | 45.70% |
This low P/E ratio and high return ratios suggest efficient capital utilization and attractive valuation for investors.
IPO Allotment & How to Check
The allotment will be finalized on July 24, 2025, and can be checked online via the registrar's website. Here’s how:
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Go to the IPO allotment status page.
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Select Savy Infra & Logistics IPO from the dropdown.
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Enter your Application No., PAN, or DP Client ID.
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Submit to view allotment details.
Risk Factors
Despite solid growth, some risk considerations include:
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High dependence on infrastructure project cycles and government policies.
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Geographic and project concentration in certain areas.
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Rising competition in the EPC segment from larger, more diversified firms.
Expert Recommendation
With a 15% premium expected on listing, healthy financials, low valuations, and high ROE, risk-tolerant investors may consider subscribing for listing gains. However, since it is a relatively new SME player, long-term investors should wait for post-listing performance and quarterly results before taking a position.
Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute investment advice or a solicitation to buy or sell any securities. Investors should perform their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. All data is based on information available as of the publication date and may be subject to change.
The Upcoming IPOs in this week and coming weeks are Monarch Surveyors & Engineering Consultants, TSC India, Swastika Castal, Savy Infra, NSDL.
The Current active IPO are Monika Alcobev.
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