Savy Infra IPO Opens On July 21, Price Band ₹114–₹120, Limited 3-Day Window To Invest

Key Highlights:

- IPO worth Rs 70 crore opens July 21 with a Rs 114–Rs 120 price band.

- Asset-light infrastructure player with strong state-wise execution record.

- FY25 revenue at Rs 283.39 crore, net profit at Rs 23.88 crore.

Mumbai: Engineering, procurement, and construction (EPC) firm Savy Infra and Logistics, based in Gandhinagar, is launching its IPO from July 21 to July 23. The company announced on Sunday that the total issue size would be Rs 70 crore.

The price band for the IPO has been set at Rs 114 to Rs 120 per share, and investors must bid within this range. The shares will be listed on the NSE Emerge platform.

IPO Objective: Expansion and Daily Operations

Through this IPO, 58.32 lakh new shares will be issued. Out of the total proceeds:

- Rs 49 crore will be used for working capital to meet daily business needs.

- The remaining funds will go toward general corporate purposes.

Tilak Mundra, Chairman and Managing Director of the company, stated that the raised capital will help expand both the EPC and logistics verticals, improving the overall operational efficiency.

Company Overview: Asset-Light Model with Strong Regional Presence

Savy Infra and Logistics operates as an infrastructure-focused EPC and logistics services provider. It follows an asset-light business model, meaning it leases equipment like trucks and heavy machinery instead of owning them.

Its operations include:

- Full transportation logistics planning

- Rock breaker and heavy excavator services for excavation

- On-site services like slush removal, side protection, and disposal

Presence Across Multiple Indian States

The company has successfully executed EPC and logistics projects across:

- Gujarat

- Maharashtra

- Andhra Pradesh

- Telangana

- Madhya Pradesh

- Chhattisgarh

- Karnataka

- Odisha

Financial Performance

In FY 2024-25, Savy Infra reported:

Revenue: Rs 283.39 crore

Net Profit: Rs 23.88 crore

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should carefully read the IPO prospectus and consult financial advisors before making any investment decisions.