Latest news with #SmartHorizonCapitalAdvisors
Economic Times
16 hours ago
- Business
- Economic Times
Samay Project Services IPO opens for subscription: Here's what you need to know
The initial public offering (IPO) of Samay Project Services opens for subscription on June 16 and will close on June 18. The company plans to raise Rs 14.69 crore through a fresh issue of 43.2 lakh equity shares, with no offer for sale component. ADVERTISEMENT The price band is fixed at Rs 32–34 per share, with investors required to bid for a minimum of 4,000 shares per lot, amounting to Rs 1.36 lakh at the upper end of the band. The issue is being managed by Smart Horizon Capital Advisors, with Bigshare Services acting as the registrar. Shares are expected to be listed on NSE SME on June 23. Ahead of the IPO, the company raised Rs 2.72 crore from anchor investors on June 13, by allocating 8 lakh shares. Of this, 50% will remain locked in for 30 days, while the rest will be subject to a 90-day Project Services, incorporated in 2001, is an Engineering, Procurement and Construction (EPC) firm catering to the design, supply, and commissioning of balance of plant (BoP) systems. Its services span a wide array of industrial infrastructure segments including fire protection systems, piping, tanks and vessels, bio-CNG plants, and automation. ADVERTISEMENT It has 54 full-time employees and over 170 contract labourers, delivering services to industries like petrochemicals, manufacturing, and the fiscal year ended March 2025, Samay Project Services reported a revenue of Rs 37.72 crore and profit after tax of Rs 4.19 crore. ADVERTISEMENT The IPO proceeds will be primarily used to fund working capital requirements amounting to Rs 12 crore, with the balance going toward general corporate purposes. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
16 hours ago
- Business
- Time of India
Samay Project Services IPO opens for subscription: Here's what you need to know
The initial public offering (IPO) of Samay Project Services opens for subscription on June 16 and will close on June 18. The company plans to raise Rs 14.69 crore through a fresh issue of 43.2 lakh equity shares, with no offer for sale component. The price band is fixed at Rs 32–34 per share, with investors required to bid for a minimum of 4,000 shares per lot, amounting to Rs 1.36 lakh at the upper end of the band. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 세계 1위 수면시간, 핀란드인들이 먹는 XXXX주스? 수면연구원 김민재 더 알아보기 Undo The issue is being managed by Smart Horizon Capital Advisors, with Bigshare Services acting as the registrar. Shares are expected to be listed on NSE SME on June 23. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Ahead of the IPO, the company raised Rs 2.72 crore from anchor investors on June 13, by allocating 8 lakh shares. Of this, 50% will remain locked in for 30 days, while the rest will be subject to a 90-day lock-in. Company Overview Live Events Samay Project Services, incorporated in 2001, is an Engineering, Procurement and Construction (EPC) firm catering to the design, supply, and commissioning of balance of plant (BoP) systems. Its services span a wide array of industrial infrastructure segments including fire protection systems, piping, tanks and vessels, bio-CNG plants, and automation. It has 54 full-time employees and over 170 contract labourers, delivering services to industries like petrochemicals, manufacturing, and renewables. For the fiscal year ended March 2025, Samay Project Services reported a revenue of Rs 37.72 crore and profit after tax of Rs 4.19 crore. Use of Proceeds The IPO proceeds will be primarily used to fund working capital requirements amounting to Rs 12 crore, with the balance going toward general corporate purposes.
Economic Times
27-05-2025
- Business
- Economic Times
Blue Water Logistics IPO opens for subscription: Check GMP, price band and other details
Blue Water Logistics's initial public offering (IPO) will open for subscription today and will close on May 29. The company is aiming to raise Rs 40.50 crore through a fresh issue of 30 lakh equity shares. ADVERTISEMENT The IPO is priced in the range of Rs 132 to Rs 135 per share and will be listed on the NSE SME platform. Allotment is expected to be finalised by May 30, with listing likely on June 3. Retail investors can apply for a minimum of 1,000 shares, which requires an investment of Rs 1.35 lakh at the upper band. The company has not generated any premium in the grey market so far, with the latest GMP reported at zero. This indicates flat listing expectations as of now, though subscription levels and investor sentiment in the coming days could influence momentum. Incorporated in 2010, Blue Water Logistics provides end-to-end logistics and supply chain services including freight forwarding, customs clearance, and transport across air, sea, and has five branches across India and operates a fleet of 25 commercial vehicles. The company serves a wide range of industries including chemicals, electronics, textiles, and crockery, and also has a global presence in Africa, Singapore, and the the company has shown strong growth. In FY25, it reported a 41% rise in revenue to Rs 196.29 crore and an 80% jump in profit to Rs 10.67 crore. ADVERTISEMENT The funds raised will be used for purchasing new vehicles, meeting working capital needs, and general corporate purposes. Investors will be closely watching the subscription trend over the next two days to gauge demand for this SME IPO is being managed by Smart Horizon Capital Advisors, with Maashitla Securities as the registrar. Shreni Shares is acting as the market maker. ADVERTISEMENT (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
27-05-2025
- Business
- Time of India
Blue Water Logistics IPO opens for subscription: Check GMP, price band and other details
Retail investors can apply for a minimum of 1,000 shares, which requires an investment of Rs 1.35 lakh at the upper band. Blue Water Logistics's IPO is now open for subscription. The company aims to raise Rs 40.50 crore through a fresh issue. The IPO price is between Rs 132 and Rs 135 per share. Listing will be on the NSE SME platform. The funds will be used for purchasing vehicles and working capital. Investors are watching the subscription trend. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Blue Water Logistics's initial public offering (IPO) will open for subscription today and will close on May 29. The company is aiming to raise Rs 40.50 crore through a fresh issue of 30 lakh equity IPO is priced in the range of Rs 132 to Rs 135 per share and will be listed on the NSE SME platform. Allotment is expected to be finalised by May 30, with listing likely on June 3. Retail investors can apply for a minimum of 1,000 shares, which requires an investment of Rs 1.35 lakh at the upper company has not generated any premium in the grey market so far, with the latest GMP reported at zero. This indicates flat listing expectations as of now, though subscription levels and investor sentiment in the coming days could influence in 2010, Blue Water Logistics provides end-to-end logistics and supply chain services including freight forwarding, customs clearance, and transport across air, sea, and has five branches across India and operates a fleet of 25 commercial vehicles. The company serves a wide range of industries including chemicals, electronics, textiles, and crockery, and also has a global presence in Africa, Singapore, and the the company has shown strong growth. In FY25, it reported a 41% rise in revenue to Rs 196.29 crore and an 80% jump in profit to Rs 10.67 funds raised will be used for purchasing new vehicles, meeting working capital needs, and general corporate purposes. Investors will be closely watching the subscription trend over the next two days to gauge demand for this SME IPO is being managed by Smart Horizon Capital Advisors, with Maashitla Securities as the registrar. Shreni Shares is acting as the market maker.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
