Samay Project Services lists at 6% premium

Shares of Samay Project Services Limited made a strong debut on the NSE Emerge platform today, listing at ₹36.05 against the issue price of ₹34, marking a premium of 6%. The stock extended gains in early trade, touching a high of ₹37.50, up 9.71% from the IPO price. As of 10:53 AM IST, the stock was trading at ₹36.40, up ₹2.40, or 7.06%, with a traded volume of 11.88 lakh shares and a turnover of ₹4.30 crore.

Listing Highlights

Strong Market Reception

The IPO of Samay Project Services had witnessed robust investor interest, being subscribed 26.94 times. Backed by solid demand from institutional and retail investors alike, the stock opened firmly above its issue price, reflecting positive sentiment and market confidence. The order book showed strong buying momentum, with 8.72 lakh shares on the buy side against 1.72 lakh shares on the sell side, indicating sustained demand.

Price Band and Trade Range

• Price Band: ₹34.25 to ₹37.85 (5% band)
• 52-Week High/Low (same day): ₹37.50 / ₹36.00

The stock is now under watch for its performance in the coming sessions, especially as broader SME market sentiment remains upbeat amid strong listing trends and healthy

subscription figures.

About Samay Project Services

Samay Project Services is an EPC (Engineering, Procurement, and Construction) firm specializing in balance of plant (BOP) systems. Its project expertise includes industrial piping systems, tank and vessel fabrication, structural installations, and fire protection infrastructure. The fire safety vertical offers end-to-end SITC solutions like fire hydrants, sprinklers, and spray systems. It serves clients across the oil & gas, chemical, power, and process engineering sectors.

REF: https://www.nseindia.com/get-quotes/equity?symbol=SAMAY

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