Savy Infra and Logistics Ltd, an EPC firm based in India, has announced the opening of its IPO on July 21, 2025. Priced between ₹114 to ₹120 per share, the issue comprises a fresh issuance of shares worth ₹69.98 crore, aimed at strengthening working capital and meeting corporate objectives. The grey market premium remains flat at ₹0, signaling neutral market sentiment.
Savy Infra and Logistics Ltd, a Maharashtra-based infrastructure and logistics company, will launch its initial public offering (IPO) on July 21, 2025, which will remain open for subscription until July 23, 2025. The IPO is a fresh issue of 58.32 lakh equity shares, aggregating to ₹69.98 crore, and does not include an offer for sale component.
Savy Infra and Logistics Ltd is an engineering, procurement, and construction (EPC) company that specializes in earthworks and foundational preparations for infrastructure projects. Its core services include road construction, demolition, sub-grade development, and surface paving across several Indian states including Gujarat, Maharashtra, Telangana, and Odisha.
Operating on an asset-light model, Savy Infra leases advanced machinery like rock breakers and mechanical excavators, while managing logistics by contracting trucks and drivers. Their service portfolio spans shoring, slush removal, excavation, and debris disposal.
The IPO price band has been fixed between ₹114 and ₹120 per share, with investors required to bid for a minimum of 1,200 equity shares. The issue is being managed by Unistone Capital Pvt Ltd as the Book Running Lead Manager, and Maashitla Securities Pvt Ltd serves as the registrar.
As per the Red Herring Prospectus (RHP), the funds raised will primarily be allocated towards working capital and general corporate purposes.
Grey Market Premium (GMP)
According to data from investorgain.com, Savy Infra’s IPO grey market premium (GMP) is currently ₹0, suggesting that the stock is trading at par with its issue price in unofficial markets. This reflects a neutral sentiment among grey market investors ahead of the IPO.
The company is entering the market with listed peers like AVP Infracon Ltd (P/E: 14.08), Ganesh Infraworld Ltd (P/E: 14.34), and Active Infrastructure Ltd (P/E: 19.34), positioning itself competitively in India’s growing EPC and infrastructure space.
