₹1,44,000 / 1200 shares
Issue Date
21 Jul - 23 Jul'25
Investment/lot
₹1,44,000
Price Range
₹114 - ₹120
Lot Size
1200
IPO Size
₹69.98 Cr
Listing On
28 Jul'25
Issue Price
₹120
Listed Price
₹ 136.5
Retail Gain/Listing Gain
▲13.75%
Start date
21/07/2025
End date
23/07/2025
Allotment of bids
Refund Initiation
25/07/2025
Listing on exchange
28/07/2025
(Day-3: 23rd July 2025 10:36 am)
Date | QIB | NII* | Individual Investors | Total |
---|---|---|---|---|
Day 1 Jul 21, 2025 | 5.79 | 2.42 | 2.73 | 3.54 |
Day 2 Jul 22, 2025 | 5.79 | 11.63 | 10.34 | 9.32 |
Day 3 Jul 23, 2025 | 5.82 | 21.29 | 13.13 | 12.79 |
The IPO of Savy Infra and Logistics Ltd comprises a fresh issue of up to 58,32,000 equity shares. There is no offer for sale in this IPO, which is a 100% book-built issue. The price band is [TBA] and the lot size is [TBA].
The IPO opens on July 21, 2025 and closes on July 23, 2025. The listing date is July 28, 2025. The allotment date is July 24, 2025. The credit of shares to the demat account will take place on July 25, 2025. The initiation of refunds will also take place on July 25, 2025.
Savy Infra and Logsitics Ltd is an engineering, procurement and construction (EPC) company focused on earthwork and foundation preparation for infrastructure projects. An EPC company, Savvy Infra and Logistics Ltd has gradually expanded from supplying quartzite for infrastructure projects to providing a range of services, including excavation, grading, utility work, and paving. Initially focused on earthwork and foundation activities, it has also extended its expertise to managing the logistics of excavated materials, ensuring their efficient transportation and disposal.
Investor Category | Shares Offered |
---|---|
QIBs | Not more than 50% of the net issue size |
Non-institutional Investors | Not less than 15% of the net issue size |
Retail Individual Investors | Not less than 35% of the net issue size |
Market Maker | 5.02% of the issue size |
India’s capital goods manufacturing industry serves as a strong base for its engagement across sectors such as engineering, construction, infrastructure and consumer goods, amongst others.
Demand for engineering sector services is being driven by capacity expansion in industries like infrastructure, electricity, mining, oil and gas, refinery, steel, automobiles, and consumer durables. India has a competitive advantage in terms of manufacturing costs, market knowledge, technology, and innovation in various engineering sub-sectors.
In FY25 (until December), exports of engineering goods reached ₹7,61,343 crore (US$ 87.22 billion). The production of the Capital Goods Sector rose from ₹2,29,533 (US$ 27.58 billion) crore in 2014-15 to ₹4,29,001 crore (US$ 51.55 billion) in 2023-24. Imports of Electrical Machinery in India increased to US$ 12.30 billion in FY24.
Also, the India Construction Equipment Market size is estimated at ₹69,046 crore (US$ 7.91 billion) in 2025 and is expected to reach ₹1,02,827 crore (US$ 11.78 billion) by 2030, at a CAGR of 8.3% during the forecast period (2025-2030). The construction equipment industry is expected to sell 165,097 units by 2028.
Savy Infra and Logistics Ltd is an EPC company focused on earthwork and foundation preparation for infrastructure projects such as road construction, embankments, sub-grade preparation, granular sub-bases, and bituminous or concrete surfaces.
Over the years, it has gradually expanded from supplying quartzite for infrastructure projects to providing a range of services, including excavation, grading, utility work, and paving. Initially focused on earthwork and foundation activities, it has also extended its expertise to managing the logistics of excavated materials, ensuring their efficient transportation and disposal. Its approach has evolved to offer integrated solutions across the infrastructure, steel and mining sectors, maintaining a focus on providing reliable and efficient civil engineering services that meet the needs of its clients.
Company | Revenue from Operations (in ₹ crore) | EPS in ₹ | Return on Net Worth (in %) | NAV Per Equity Share (in ₹) |
---|---|---|---|---|
Savy Infra and Logistics Ltd | 283.39 | 16.59 | 45.70 | 34.89 |
AVP Infracon Ltd | 292.81 | 13.25 | 26.37 | 50.51 |
Ganesh Infraworld Ltd | 538.22 | 11.59 | 22.31 | 42.02 |
Active Infrastructure Ltd | 89.75 | 8.79 | 11.71 | 74.43 |
Anchor Investor Bidding Date
Anchor portion of the IPO will open for bidding on July 18, 2025.
IPO Registrar: Maashitla Securities Pvt Ltd
Book Running Lead Manager: Unistone Capital Pvt Ltd
The company’s EPC projects include earthwork services which involve moving and shaping large volumes of soil and other materials, creating a strong and reliable base for buildings, roads, or other infrastructure. Additionally, its services also cover demolition, where it safely and efficiently dismantles existing structures to clear space for new projects.
As part of its logistics segment, it offers full truck load (FTL) services to clients in the infrastructure, steel and mining sectors. Its FTL services involve the efficient and reliable movement of large volumes of freight from one location to another, tailored to meet the unique needs of each client.
It ensures point-to-point delivery, meaning that the freight is transported directly from the client’s designated starting location to the final destination without intermediate stops or transfers. This minimises handling, reduces the risk of damage, and ensures timely delivery.
The revenue from operations of Savy Infra and Logistics Ltd grew from ₹6.1908 crores in FY 23 to ₹ 283.3905 crores in FY 25. Its EBITDA margin grew from 9.16% in FY 23 to 12.57% in FY 25, while PAT margin grew from 5.45% in FY 23 to 8.43% in FY 25. An asset light business model coupled with integrated business operations has helped the company grow over the years.
The company’s completed projects include embankments, subgrade construction, shoulder and median filling, area grading, land levelling, and fencing. It has successfully completed EPC and logistics projects in Gujarat, Maharashtra, Andhra Pradesh, Telangana, Madhya Pradesh, Chhattisgarh, Karnataka and Odisha. Currently, it’s managing 12 ongoing projects worth over ₹201.42 crores.
Parameter | FY 25 | FY 24 | FY 23 |
---|---|---|---|
Total Revenue (in ₹ crore) | 283.39 | 101.59 | 6.19 |
Profit Before Tax (in ₹ crore) | 33.85 | 13.99 | 0.45 |
Profit After Tax (in ₹ crore) | 23.87 | 9.86 | 0.33 |
EBITDA (in ₹ crore) | 35.61 | 14.94 | 0.56 |
EPS in ₹ | 16.59 | 8.22 | 0.28 |
Parameter | FY 25 | FY 24 | FY 23 |
---|---|---|---|
Profit Before Tax (in ₹ crore) | 33.85 | 13.99 | 0.45 |
Net Cash Flow from / (Used in) Operating Activities (in ₹ crore) | -17.51 | -3.59 | -0.36 |
Net Cash Flow from / (Used in) Investing Activities (in ₹ crore) | -35.00 | -0.45 | NA |
Net Cash Flow from / (used in) Financing Activities (in ₹ crore) | 52.44 | 4.41 | 0.36 |
Cash and Cash Equivalents at the end of the Year (in ₹ crore) | 0.32 | 0.39 | 0.02 |
Visit the Registrar’s Website
Check on the National Stock Exchange Website
The National Stock Exchange (NSE) has an IPO bid verification module. You can use it to check the status of Savy Infra and Logistics Ltd. Go to www.nseindia.com and find the 'Invest' tab. Click on 'Verify IPO Bids' under 'Resources & Tools'. On the NSE IPO Bid Verification page, enter:
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. Please read the SEBI-prescribed Combined Risk Disclosure Document before investing. Brokerage will not exceed SEBI’s prescribed limit.
Savy Infra and Logistics IPO will list on 2025-07-28.
69.98 is the issue size of Savy Infra and Logistics IPO.
The minimum lot size is 1200 shares and the investment required is ₹144000.
The price band of Savy Infra and Logistics IPO is ₹114 to ₹120.
You can read more about Savy Infra and Logistics and its IPO from the company’s red herring prospectus (RHP) here.
The IPO of Savy Infra and Logistics Ltd consists of a fresh issue of up to 58,32,000 equity shares of face. There is no offer for sale in this IPO.
The IPO of Savy Infra and Logistics Ltd will go live on July 21, 2025 and will close on July 23, 2025.