Latest news with #SavyInfraandLogistics
News18
28-07-2025
- Business
- News18
Savy Infra & Logistics stock jumps nearly 20 pc in debut trade on NSE SME
New Delhi, Jul 28 (PTI) Shares of Savy Infra and Logistics on Monday ended with a premium of nearly 20 per cent against the issue price of Rs 120 per share on the NSE's SME platform Emerge. The shares were listed at Rs 136.50 per share on the NSE SME index, at a premium of 13.75 per cent. Later, it closed at Rs 143.30 apiece, a premium of 19.42 per cent on the bourse. The market capitalisation of the company stood at Rs 298.19 crore on the NSE SME. In volume terms, 32.29 lakh equity shares were traded on the exchange during the day. The Rs 70-crore initial public offering (IPO) of Savy Infra and Logistics garnered a stellar response from the investors by subscribing 114.50 times on the closing day of bidding on Wednesday last week. The initial share sale had a price band at Rs 114-120 per share. The issue is entirely a fresh issue of 58.32 lakh shares. Gandhinagar-based EPC player Savy Infra & Logistics is engaged in the business of engineering, procurement, and construction (EPC) and logistics, with a focus on infrastructure projects. The company also offers logistics services through an asset-light model by renting trucks and drivers. The company reported revenue from operations of Rs 283.39 crore and profit after tax of Rs 23.88 crore in FY25. PTI HG TRB view comments First Published: July 28, 2025, 18:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
28-07-2025
- Business
- Business Standard
NSE SME Savy Infra and Logistics lays a solid foundation on listing day
Shares of Savy Infra and Logistics was trading at Rs 140.40 on the NSE, a premium of 17% compared with the issue price of Rs 120. The scrip was listed at Rs 136.50, a premium of 13.75% compared with the initial public offer (IPO) price. The stock is currently up 2.86% over its listing price. The counter hit a high of Rs 143 and a low of Rs 136.50. About 27.26 lakh shares of the company changed hands at the counter. Savy Infra and Logistics' IPO was subscribed 106.53 times. The issue opened for bidding on 21 July 2025 and it closed on 23 July 2025. The price band of the IPO was set at Rs 114 to 120 per share. The IPO comprised fresh issue of 58,32,000 shares. The company intends to utilize the net proceeds for funding of working capital requirements of company and for general corporate purpose. Ahead of the IPO, Savy Infra and Logistics on 18 July 2025, raised Rs 19.92 crore from anchor investors. The board allotted 16.60 lakh shares at Rs 120 per share to 15 anchor investor. Savy Infra and Logistics is an engineering, procurement and construction (EPC) company focused on earthwork and foundation preparation for infrastructure projects such as road construction, embankments, sub-grade preparation, granular sub-bases, and bituminous or concrete surfaces. The company offers demolition services, safely dismantling structures for new projects. The company operates an asset-light business model offering specialized services by renting trucks and drivers and managing the execution of transportation. The company also rents advanced machinery like rock breakers and heavy excavators, employing mechanical excavators for excavation. As of 30 April 2025, the company had 33 full time employees. The company recorded revenue from operations of Rs 283.39 crore and net profit of Rs 23.87 crore for the period ended 31 March 2025.
Economic Times
28-07-2025
- Business
- Economic Times
Savy Infra IPO set for debut today. GMP hints at healthy listing pop
Savy Infra and Logistics is set to list on the NSE SME platform on July 28 after its IPO was oversubscribed by 114.5 times. Savy Infra and Logistics will list on NSE SME platform on July 28. The IPO saw massive oversubscription. HNIs led the bids. Retail and institutional investors showed strong support. The grey market premium suggests a listing around Rs 146. The company is an EPC contractor. It focuses on infrastructure groundwork and logistics. Savy Infra boasts substantial order flows. Tired of too many ads? Remove Ads Subscription breakdown About the Company Tired of too many ads? Remove Ads Financials and Valuation Listing Outlook After drawing remarkable investor interest across categories, Savy Infra and Logistics is set to list on the NSE SME platform on July 28. The company's Rs 69.98 crore IPO closed with an overall subscription of 114.5 times, led by massive bids from HNIs and strong support from retail and institutional to the buzz is a grey market premium (GMP) of Rs 26, or 22%, over the issue price of Rs 120 per share, suggesting a possible listing around Rs 146. While GMPs are not always indicative of listing performance, the premium reflects strong demand in the unlisted market ahead of IPO, which ran from July 21 to July 23, saw NII (HNI) bids overshoot by 196.44 times, followed by QIBs at 93.02 times and retail investors at 91.62 Infra and Logistics is an EPC contractor involved in large-scale infrastructure groundwork—particularly earthmoving, foundation preparation, and demolition—as well as associated logistics and equipment rental services. The company operates on an asset-light model, offering scalability and capital operations across eight states, Savy Infra has handled major government and private sector contracts and currently boasts order flows worth Rs 430 crore. As of April 2025, it employed 33 full-time workers across sites, reflecting lean operational company has posted explosive financial growth in FY25. Revenue rose 179% YoY to Rs 283.77 crore, while PAT surged 142% to Rs 23.88 IPO proceeds will go primarily toward working capital needs (Rs 49 crore), with the rest for general corporate by strong financials, sector tailwinds, and robust investor response, Savy Infra appears well-positioned for a solid debut.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
28-07-2025
- Business
- Time of India
Savy Infra IPO set for debut today. GMP hints at healthy listing pop
After drawing remarkable investor interest across categories, Savy Infra and Logistics is set to list on the NSE SME platform on July 28. The company's Rs 69.98 crore IPO closed with an overall subscription of 114.5 times, led by massive bids from HNIs and strong support from retail and institutional investors. Adding to the buzz is a grey market premium (GMP) of Rs 26, or 22%, over the issue price of Rs 120 per share, suggesting a possible listing around Rs 146. While GMPs are not always indicative of listing performance, the premium reflects strong demand in the unlisted market ahead of debut. Explore courses from Top Institutes in Please select course: Select a Course Category Product Management Healthcare Management Degree Cybersecurity Finance MCA healthcare Project Management Artificial Intelligence Technology PGDM Others Data Science Data Science Leadership Design Thinking MBA CXO Data Analytics others Digital Marketing Public Policy Operations Management Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Creating Effective Product Roadmap User Research & Translating it to Product Design Key Metrics via Product Analytics Hand-On Projects Using Cutting Edge Tools Duration: 12 Weeks Indian School of Business ISB Product Management Starts on May 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Indonesia: Unsold Sofas at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo Subscription breakdown The IPO, which ran from July 21 to July 23, saw NII (HNI) bids overshoot by 196.44 times, followed by QIBs at 93.02 times and retail investors at 91.62 times. About the Company Savy Infra and Logistics is an EPC contractor involved in large-scale infrastructure groundwork—particularly earthmoving, foundation preparation, and demolition—as well as associated logistics and equipment rental services. The company operates on an asset-light model, offering scalability and capital efficiency. Live Events With operations across eight states, Savy Infra has handled major government and private sector contracts and currently boasts order flows worth Rs 430 crore. As of April 2025, it employed 33 full-time workers across sites, reflecting lean operational management. Financials and Valuation The company has posted explosive financial growth in FY25. Revenue rose 179% YoY to Rs 283.77 crore, while PAT surged 142% to Rs 23.88 crore. The IPO proceeds will go primarily toward working capital needs (Rs 49 crore), with the rest for general corporate purposes. Listing Outlook Backed by strong financials, sector tailwinds, and robust investor response, Savy Infra appears well-positioned for a solid debut. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Indian Express
20-07-2025
- Business
- Indian Express
Savy Infra and Logistics IPO subscription opens on July 21. Check price band, allotment date and more
Savy Infra and Logistics IPO: The three-day subscription for the initial public offering (IPO) of Savy Infra and Logistics Limited will open on Monday, July 21. The Savy Infra and Logistics IPO subscription will close on Wednesday, July 23. According to PTI, the IPO is entirely a fresh issue of up to 58.32 lakh equity shares. The net proceeds from the public issue worth Rs 49 crore will be utilised for funding working capital requirements and a balance for general corporate purposes. Savy Infra and Logistics Limited has fixed the price band at Rs 114 to Rs 120 per equity share. Maashitla Securities Private Limited is the registrar for Savy Infra and Logistics IPO. The face value and tick size of Savy Infra and Logistics IPO is Rs 10 and Re 1, respectively. According to the details available, the Savy Infra and Logistics IPO will be finalised on July 24. Savy Infra and Logistics Limited's shares are proposed to be listed on NSE Emerge. The listing will likely to take place on July 28. Unistone Capital Private Limited is the book-running lead manager for the Savy Infra and Logistics IPO. HDFC Bank Limited is the sponsor bank for the Savy Infra and Logistics IPO. Savy Infra and Logistics is engaged in the business of engineering, procurement, and construction (EPC) and logistics, with a focus on infrastructure projects. The company also offers logistics services through an asset-light model by renting trucks and drivers. In FY25, the company reported revenue from operations of Rs 283.39 crore and profit after tax of Rs 23.88 crore, report PTI.
