Samay Project Services IPO allotment to be finalised today. Here’s how to check status

The allotment status for Samay Project Services' Rs 13.91 crore SME IPO will be finalised today. Investors who applied for the issue can now check the allotment status through the registrar Bigshare Services’ online portal. The company is scheduled to list on the NSE SME platform on June 23.

The IPO, which opened on June 16 and closed on June 18, was entirely a fresh issue comprising 40.92 lakh shares. The price band was set at Rs 32 to Rs 34 per share with a lot size of 4,000 shares, translating to a minimum investment of Rs 1.36 lakh for retail investors at the upper band.

The offering received robust demand across investor categories and was subscribed 29.08 times overall. The retail portion was subscribed 15.09 times, NIIs subscribed 69.19 times, while the QIB portion was booked 22.64 times. Anchor investors came in with Rs 4.08 crore a day before the IPO opened.

Investors can check their allotment status by following these steps:

Via Bigshare Services portal

Visit: https://ipo.bigshareonline.com/ipo_status.html

Select “Samay Project Services Limited” from the dropdown list

Enter PAN, application number or DP Client ID

Click ‘Search’ to view the allotment details

Via BSE website

Go to: https://www.bseindia.com/investors/appli_check.aspx

Choose ‘Equity’ and select ‘Samay Project Services Ltd’ from the dropdown

Provide PAN and application number to check the status

Incorporated in 2001, Samay Project Services offers EPC services focused on fire protection systems, pipelines, tanks, and BioCNG plant development. The company works across industrial segments, and its projects span piping systems, storage tanks, and fire safety installations.

Financially, the company reported Rs 37.72 crore in revenue and Rs 4.19 crore in PAT for FY25. The grey market premium (GMP) remains muted at zero, suggesting a cautious listing sentiment despite solid subscription numbers.

Investors now await the company’s listing and post-market performance.