20-07-2025
Savy Infra and Logistics IPO subscription opens on July 21. Check price band, allotment date and more
Savy Infra and Logistics IPO: The three-day subscription for the initial public offering (IPO) of Savy Infra and Logistics Limited will open on Monday, July 21. The Savy Infra and Logistics IPO subscription will close on Wednesday, July 23.
According to PTI, the IPO is entirely a fresh issue of up to 58.32 lakh equity shares. The net proceeds from the public issue worth Rs 49 crore will be utilised for funding working capital requirements and a balance for general corporate purposes.
Savy Infra and Logistics Limited has fixed the price band at Rs 114 to Rs 120 per equity share.
Maashitla Securities Private Limited is the registrar for Savy Infra and Logistics IPO.
The face value and tick size of Savy Infra and Logistics IPO is Rs 10 and Re 1, respectively.
According to the details available, the Savy Infra and Logistics IPO will be finalised on July 24.
Savy Infra and Logistics Limited's shares are proposed to be listed on NSE Emerge. The listing will likely to take place on July 28.
Unistone Capital Private Limited is the book-running lead manager for the Savy Infra and Logistics IPO.
HDFC Bank Limited is the sponsor bank for the Savy Infra and Logistics IPO.
Savy Infra and Logistics is engaged in the business of engineering, procurement, and construction (EPC) and logistics, with a focus on infrastructure projects. The company also offers logistics services through an asset-light model by renting trucks and drivers. In FY25, the company reported revenue from operations of Rs 283.39 crore and profit after tax of Rs 23.88 crore, report PTI.
