Savy Infra and Logistics IPO to Open on July 21st
By Ankur Chandra | Published at: Jul 17, 2025 03:12 PM IST
Gandhinagar, July 17, 2025 – Savy Infra and Logistics Ltd (NSE‑SME: SAVY), a Gujarat‑based EPC firm specialising in earthwork and logistics solutions, will launch its ₹58.32 crore SME IPO on July 21, 2025, and close on July 23, 2025. The fresh issue, with a ₹114-₹120 price band and a face value of ₹10 per share, comprises 58.32 lakh equity shares and carries a minimum retail lot size of 1,200 shares . The offer, expected to list on NSE Emerge by July 28, 2025, will use proceeds primarily for working capital and general corporate purposes
IPO Details
The SME IPO comprises a fresh issue of 58,32,000 equity shares of face value ₹10 each. There is no offer for sale component. The price band is set between ₹114 and ₹120 per share, with a lot size of 1,200 shares, amounting to a minimum investment of ₹1,44,000 for retail investors at the upper band.
| IPO Particulars | Details |
|---|---|
| Issue Type | 100% Book Built Issue |
| Issue Size | 58,32,000 shares |
| Issue Value (at upper price) | ₹69.98 crore |
| Price Band | ₹114 to ₹120 |
| Lot Size | 1,200 shares |
| Retail Investment (1 lot) | ₹1,44,000 |
| Issue Opens | July 21, 2025 |
| Issue Closes | July 23, 2025 |
| Market Maker Portion | 2,92,800 shares |
| Net Issue | 55,39,200 shares |
| Post-Issue Holding Offered | 28.03% |
| Listing Platform | NSE EMERGE |
Objective of the Issue
The net proceeds from the issue will be used primarily to fund working capital requirements of ₹49 crore, with the balance allocated towards general corporate purposes.
Financial Highlights
Savy Infra has shown strong financial performance in the past three fiscal years:
| Particulars | FY25 | FY24 | FY23 |
|---|---|---|---|
| Revenue from Operations | ₹28,339.05 lakh | ₹10,159.32 lakh | ₹619.08 lakh |
| Net Profit | ₹2,387.79 lakh | ₹986.66 lakh | ₹33.76 lakh |
| Net Worth | ₹5,224.61 lakh | ₹1,050.93 lakh | ₹64.27 lakh |
| Total Borrowings | ₹4,483.79 lakh | ₹849.50 lakh | ₹312.43 lakh |
| EPS (Basic & Diluted) | ₹16.59 | ₹8.22 | ₹0.28 |
| NAV per Share | ₹34.89 | ₹8.76 | ₹0.54 |
The company has also improved its working capital efficiency with a net working capital base of ₹5,825.78 lakh as of March 31, 2025.
Promoter Holding
The company is promoted by Tilak Mundhra and Liladhar Mundhra, who collectively hold 85.87% of the pre-issue equity. Their holding will be diluted post-issue but will remain the majority.
| Promoter | Pre-Issue Holding | Post-Issue Holding* |
|---|---|---|
| Tilak Mundhra | 80,31,000 shares (53.62%) | [●] |
| Liladhar Mundhra | 48,30,000 shares (32.25%) | [●] |
*Exact post-issue holding will be finalized upon allotment.
Business Overview
Founded in 2006, Savy Infra transitioned from raw material supply to becoming a full-scale EPC (engineering, procurement and construction) player specializing in earthwork and foundation preparation for infrastructure and mining projects. The company also manages point-to-point logistics for minerals and materials, operating an asset-light model by leasing equipment and manpower.
As of July 2025, the company has a confirmed order book of ₹230.56 crore, predominantly from clients in Maharashtra, Gujarat, and Odisha.
IPO Lead Manager & Registrar
- Lead Manager: Unistone Capital Private Limited
- Registrar: Maashitla Securities Private Limited
- Market Maker: Globalworth Securities Ltd
Listing
The equity shares will be listed on the NSE EMERGE platform. Trading is expected to commence by the end of July 2025, subject to allotment and regulatory approvals.
About the Company:
Savy Infra and Logistics Limited is a public limited company incorporated in 2006 and headquartered in Gandhinagar, Gujarat. The company is engaged in civil engineering services and logistics for infrastructure and mining sectors. The equity shares of the company are proposed to be listed on NSE EMERGE. This is its first public issue.
REF: https://nsearchives.nseindia.com/content/ipo/RHP_SAVY.zip
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