Latest news with #SavyInfraandLogistics'
Economic Times
3 days ago
- Business
- Economic Times
Savy Infra and Logistics IPO: Check GMP, price band, issue size and other details
Investors can apply for a minimum of 2,400 shares. About the company Live Events IPO proceeds (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Savy Infra and Logistics' Rs 69.98-crore IPO will open for subscription on Monday. The book-built issue consists entirely of a fresh issue of 58.32 lakh shares. The price band is fixed at Rs 114–120 per share, and the IPO will close on Wednesday. The shares are expected to be listed on NSE SME on July the upper end of the price band, the company is valued at a post-issue market capitalization of Rs 250 crore. The grey market premium (GMP) stood at around Rs 14 on listing eve, indicating a 12% premium over the issue Capital is the sole book-running lead manager for the issue, while Maashitla Securities is the registrar. Globalworth Securities will act as the market Infra and Logistics operates as an engineering, procurement, and construction (EPC) company with a focus on earthwork, foundation preparation, and logistics. It also offers demolition services and machinery rentals like heavy excavators and rock company has executed infrastructure and logistics projects across multiple Indian states, including Gujarat, Maharashtra, Telangana, and Andhra Pradesh. Its asset-light model enables lean operations and financial FY25, the company reported a 179% surge in revenue to Rs 284 crore, while profit after tax rose 142% to Rs 23.88 crore. EBITDA stood at Rs 35.62 the total proceeds, Rs 49 crore will be used to fund working capital requirements, with the remaining allocated to general corporate IPO has garnered strong interest in the grey market and is being closely watched by SME investors seeking exposure to infrastructure-linked growth.: 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
3 days ago
- Business
- Time of India
Savy Infra and Logistics IPO: Check GMP, price band, issue size and other details
Investors can apply for a minimum of 2,400 shares. About the company Live Events IPO proceeds (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Savy Infra and Logistics' Rs 69.98-crore IPO will open for subscription on Monday. The book-built issue consists entirely of a fresh issue of 58.32 lakh shares. The price band is fixed at Rs 114–120 per share, and the IPO will close on Wednesday. The shares are expected to be listed on NSE SME on July the upper end of the price band, the company is valued at a post-issue market capitalization of Rs 250 crore. The grey market premium (GMP) stood at around Rs 14 on listing eve, indicating a 12% premium over the issue Capital is the sole book-running lead manager for the issue, while Maashitla Securities is the registrar. Globalworth Securities will act as the market Infra and Logistics operates as an engineering, procurement, and construction (EPC) company with a focus on earthwork, foundation preparation, and logistics. It also offers demolition services and machinery rentals like heavy excavators and rock company has executed infrastructure and logistics projects across multiple Indian states, including Gujarat, Maharashtra, Telangana, and Andhra Pradesh. Its asset-light model enables lean operations and financial FY25, the company reported a 179% surge in revenue to Rs 284 crore, while profit after tax rose 142% to Rs 23.88 crore. EBITDA stood at Rs 35.62 the total proceeds, Rs 49 crore will be used to fund working capital requirements, with the remaining allocated to general corporate IPO has garnered strong interest in the grey market and is being closely watched by SME investors seeking exposure to infrastructure-linked growth.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
