Samay Project Services IPO

Incorporated in November 2001, Samay Project Services Limited offers Engineering, Procurement, and Construction (EPC) services, specializing in design, engineering, and the commissioning of balance of plant (BOP) systems across various industries. The company engages in EPC projects including (i) piping systems, (ii) tanks, vessels, and fabricated structures, and (iii) fire protection and detection systems. Services Offered: Fire Detection & Protection Systems: Design, supply, installation, testing, and commissioning (SITC) of fire detection and protection systems, including fire hydrant and spray systems. Piping and Appurtenances: Comprehensive services encompassing design, engineering, supply, fabrication, erection, and commissioning of low-pressure piping systems. Bloomberg Storage Tanks: Expertise in designing and constructing tanks and tank farms. Cross Country Water and Hydrocarbon Pipelines: Execution of cross-country pipelines for water and hydrocarbons domestically and internationally. System Automation: Integrating electromechanical systems and instrumentation for turnkey project implementation. EPC of BioCNG Plants: Turnkey engineering and execution of BioCNG projects, from feedstock identification to commissioning. The company is an ISO 9001:2015 certified organization for quality management in Engineering, Supply, Fabrication, Erection, Testing, and Commissioning of Piping, Tanks, and Fire Protection Systems. As of October 31, 2024, the company employed 54 staff and had 179 contract labourers (skilled, semi-skilled, and unskilled) for its EPC Projects. Competitive Strength: Strong Engineering and Technical Software and Design Team. Good presence in multiple EPC Segments. Existing client relationship. Committed to customer satisfaction through high-value engineering, quality execution, and delightful customer service, delivered with passion and integrity.

The Company Samay Project Services IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (Rs. in crores) 1 Funding working capital requirements of the company 12.00 2 General Corporate Purposes

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