Archive · 18 Jun 2025
Samay Project IPO Closes, Subscribed 2.26 Times
A company called Samay Project offered shares to the public (IPO), which closed today.
It was open for bidding for three days.
Overall, the IPO was subscribed a bit more than twice the number of shares available.
Investors showed interest, with retail investors subscribing a bit over two times, and others subscribing more than three times.
The price of each share was set between Rs 32 and Rs 34.
The shares are expected to start trading on the NSE’s SME platform on June 23.
Samay Project IPO closed on June 18.
The IPO received a 2.26 times subscription on the final day.
Retail and NII participation stood at 2.04 times and 3.21 times, respectively.
The IPO price band was fixed at Rs 32-34 apiece.
The shares will be listed on the NSE's SME platform on June 23.
- Who
- Samay Project Services Ltd
- What
- The closure of the Samay Project IPO.
- When
- The IPO closed on June 18, with listing expected on June 23.
- Where
- India
- Why
- To raise capital through the stock market.
- IPO Close Date
- June 18
- Listing Exchange
- NSE SME
- Subscription (Overall)
- 2.26 times
- Price Band
- Rs 32-34 per share
- Retail Subscription
- 2.04 times
- NII Subscription
- 3.21 times
- IPO Size
- Rs 13.91 crore
