Savy Infra IPO Subscribed 3.26 Times on Day 1; QIB Segment Leads Demand

Mumbai, 21 July 2025: Savy Infra’s initial public offering (IPO) witnessed a subscription of 3.26 times by the close of Day 1, with qualified institutional buyers (QIBs) showing the highest interest. Savy Infra IPO received bids for 1,35,86,400 shares against the 41,71,200 shares on offer (excluding anchor investors and market maker portions), accumulating a total bid value of approximately ₹163.04 crore as per the upper price band.

QIB Investors Drive Demand with 5.79 Times Subscription on Day 1

The QIB category led the overall response, subscribing 5.79 times the allotted 11,07,600 shares. A total of 64,12,800 shares were bid for in this segment across three applications, contributing ₹76.95 crore in bid value. This institutional interest highlights focused participation from financial entities.

Retail Investors Bid for Over 51 Lakh Shares; 2.67 Times Oversubscribed

Retail participation also contributed significantly, with the individual investor category (bidding for 2 lots) receiving bids for 51,76,800 shares against the offered 19,39,200. This translates to a 2.67 times subscription, amounting to ₹62.12 crore and 2,157 total applications on Day 1.

NII Category Subscribed 1.78 Times; Anchor Investors Fully Allocated

Non-institutional investors (NIIs) placed bids for 19,96,800 shares, subscribing 1.78 times their allocated quota of 11,24,400 shares, with ₹23.96 crore bid value and 236 applications. Meanwhile, anchor investors were allocated 16,60,800 shares in full prior to the issue opening, amounting to ₹19.93 crore.

Total Bids Touch 1.36 Crore Shares; Public Issue Size at 0.58 Crore Shares

The total bids placed across all categories stood at 1,35,86,400 shares by the end of 21 July. The total public issue comprises 0.58 crore equity shares, with 0.19 crore reserved for retail investors, 0.28 crore for QIBs, and 0.11 crore for NIIs. The full issue size is ₹93.43 crore, with the retail portion accounting for 24.91% and QIBs for 35.56%.

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