The IPO comprises 58,32,000 equity shares with a face value of Rs 10 each, priced in the range of Rs 114 to Rs 120 per share.
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Savy Infra and Logistics has proposed to open its Initial Public Offering (IPO) on Monday, July 21, aiming to raise Rs 69.98 crore (at the upper price band), with shares to be listed on the NSE Emerge platform.The issue size is 58,32,000 equity shares at a face value of Rs 10 each, with a price band of Rs 114 – Rs 120 per share.
The equity share allocation for the QIB Anchor Portion is up to 16,60,800 equity shares, for Qualified Institutional Buyers is up to 11,07,600 equity shares, and for Non-Institutional Investors is not less than 8,31,600 equity shares. The equity share allocation for Retail Individual Investors is not less than 19,39,200 equity shares, and for market makers is up to 2,92,800 equity shares.
The minimum application size for S-HNIs is 3,600 equity shares, and for retail investors is 2,400 equity shares.
The net proceeds from the IPO will be utilised for funding working capital requirements and general corporate purposes. The anchor bidding is open, while the public issue will open on July 21, 2025, and close on July 23, 2025.
The Book Running Lead Manager to the issue is Unistone Capital Private Limited. The Registrar to the issue is Maashitla Securities Private Limited.
“Our upcoming IPO is a key milestone in strengthening and expanding our operations. The capital raised will support our working capital needs and enable us to scale both the EPC and logistics divisions efficiently. In EPC, we continue to focus on core infrastructure work such as earthwork, road construction, and foundation preparation—areas where we have built strong execution capabilities over the years,” said Tilak Mundhra, Chairman & Managing Director of Savy Infra & Logistics.
“In logistics, we are taking a forward-looking step by introducing electric trucks to improve operational efficiency and reduce fuel dependency. This shift will significantly lower costs and allow us to offer dependable, cost-effective services to our clients. By adopting an asset-light model and focusing on long-term contracts, we are ensuring both scalability and financial discipline. We believe these efforts will help us build a strong and resilient logistics platform for the future,” he added.
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“We are pleased to be associated with Savy Infra & Logistics Limited as they take a significant step forward with the launch of their Initial Public Offering. The company has steadily built a presence in the infrastructure space, particularly in EPC and logistics services,” said Brijesh Parekh, Founder of Unistone Capital Private.
“This IPO will support Savy Infra’s plans to strengthen its operations, improve execution capabilities, and participate in larger infrastructure projects. With a focus on core EPC activities such as earthwork, foundation preparation, road construction, embankments, sub-grade work, granular sub-bases, and bituminous or concrete surfaces, alongside its growing logistics segment, the company is well-positioned to contribute meaningfully to India’s infrastructure growth,” Parekh added.
Savy Infra and Logistics Limited is engaged in the business of EPC and logistics, with a focus on infrastructure projects. The EPC division specializes in earthwork, foundation preparation, road construction, embankments, sub-grade work, granular sub-bases, and bituminous or concrete surfaces.
The company also offers Full Truck Load logistics services through an asset-light model by renting trucks and drivers. This approach reduces operational risks and costs while ensuring point-to-point, timely deliveries.
In FY25, the company achieved revenue from operations of Rs 28,339.05 lakh, EBITDA of Rs 3,561.50 lakh, and profit after tax of Rs 2,387.79 lakh.