Savy Infra and Logistics Ltd IPOSAVY

The IPO opens on 21 Jul 2025 & closes on 23 Jul 2025.

Savy Infra and Logistics Limited, an EPC company specializing in earthwork and foundation preparation for infrastructure projects such as road construction, embankments, sub-grade preparation, granular sub-bases, and bituminous or concrete surfaces. Initially focused on earthwork and foundation activities, which includes excavation, utility work, grading, and paving, Company has gradually expanded to offer logistics management for excavated materials. Over time, it has extended the services to provide integrated solutions across the infrastructure, steel, and mining sectors. The logistics segment includes Full Truck Load (FTL) services, ensuring the efficient and reliable transportation of large freight volumes directly from the starting point to the destination, minimizing handling risks and ensuring timely delivery. Savy Infra and Logistics Limited was originally incorporated as 'Shubhangi Metal Private Limited' on January 16, 2006, as a Private Limited Company, issued by Registrar of Companies, Dadra & Nagar Haveli. Thereafter, the name was changed to 'Savy Infra and Logistics Private Limited', dated December 21, 2023, issued by the RoC, Ahmedabad. The status of the Company was subsequently converted into a Public Limited Company and the name of the Company was changed to 'Savy Infra and Logistics Limited', and a Fresh Certificate of Incorporation dated September 03 2024, was issued by the Registrar of Companies, Central Processing Centre. The Promoters of the Company had acquired the business in the name of 'Shubhangi Metal Private Limited' by executing an agreement dated February 25, 2019 from the erstwhile Promoters Giriraj Kothari and Ramkanyaben Kothari. The EPC projects include earthwork services which involves moving and shaping large volumes of soil and other materials, creating a strong and reliable base for buildings, roads, or other infrastructure. Additionally, the services also cover demolition, where it safely and efficiently dismantle existing structures to clear space for new projects. It rent advanced machinery, including rock breakers, heavy excavators, and cutting-edge blasting technology. It utilize mechanical excavators for efficient excavation and manage all related processes, such as shoring, strutting, side protection to prevent collapses, and slush removal. It also handle the carting away and disposal of excavated materials. As part of the logistics segment, Company offer Full Truck Load (FTL) services to clients into the field of infrastructure, steel and mining sectors. FTL services involve the efficient and reliable movement of large volumes of freight from one location to another, to meet the unique needs of each client. The Company ensure 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 minimizes handling, reduces the risk of damage, and ensures timely delivery. The Company launched the initial public offer of 58,32,000 fresh issue of equity shares of face value Rs 10 each by raising money aggregating to Rs 69.98 Crore in July, 2025.

Savy Infra and Logistics Ltd IPO will close on 23 Jul 2025.

<ul><li>Asset Light Business Model.</li><li>Integrated Business Operations.</li><li>Strong Financial Performance.</li><li>Experienced Promoter and Management Team.</li></ul>

<table class="table"> <thead> <tr> <th>S.No</th> <th>Promoters Name</th> <th>Pre Issue Shares</th> <th>Pre Issue Percentage</th> <th>Post Issue Shares</th> <th>Post Issue Percentage</th> </tr> </thead> <tbody> <tr> <td>1</td> <td>Tilak Mundhra</td> <td>8031000</td> <td>53.62</td> <td>8031000</td> <td>38.59</td> </tr> <tr> <td>2</td> <td>Liladhar Mundhra</td> <td>4830000</td> <td>32.25</td> <td>4830000</td> <td>23.21</td> </tr> </tbody> </table>

<ul><li>The company derives a majority of portion of its revenue from few customers related to infrastructure, steel and mining industry and loss of such customers may have an adverse impact on its business, financial condition and results of operations.</li><li>Its revenues are significantly dependent on a single business segment i.e. the services of Engineering, Procurement and Construction (EPC). Consequently, any downturn in sales within this segment would significantly hamper its operations and profitability.</li><li>While the company has a diversified geographical presence, its projects have historically been concentrated in the state of Gujarat, Maharashtra and Andhra Pradesh and any changes affecting the policies, laws and regulations or the political and economic environment in the region may adversely impact its business, financial condition and results of operations.</li><li>The company typically does not have long term agreement with its customers. If the company customers choose not to source their requirements from us, there may be a material adverse effect on its business, financial condition, cash flows and results of operations.</li><li>A significant portion of its revenues are derived from the West and South Zone and any adverse developments in this market could adversely affect the company business.</li><li>The Company requires significant amount of working capital for continued growth. Its inability to meet its working requirements may have an adverse effect on the company results of operations.</li><li>The company is dependent on limited number of suppliers and contractors for supply of key raw materials, equipment, trucks and manpower. The company has not made any long term supply arrangement with its suppliers. In an eventuality where its suppliers and contractors are unable to deliver it the required resources in a time-bound manner it may have a material adverse effect on its business operations and profitability.</li><li>The Company had negative cash flows during certain fiscal years in relation to its operating, investing and financing activities. Sustained negative cash flows in the future would adversely affect its results of operations and financial condition.</li><li>The company does not own the premises where its Registered Office, Corporate Office and branch Offices located.</li><li>Its logo is not registered with the trademark registration authority, and its may be unable to protect the company logo from being infringed by others which may adversely affect its business value, financial condition, and results of operations.</li><li>Its Logistics business is dependent on the road network and the company ability to utilize the vehicles in an uninterrupted manner. Any disruptions or delays in this regard could adversely affect and lead to a loss of reputation and /or profitability.</li><li>Its business is subject to seasonal variation, and we may not able to accurately forecast the company project schedule which could have an adverse effect on its cash flows, business, results of operations and financial condition.</li><li>The company requires several approvals, licenses, registrations and permits for its business and are required to comply with certain rules, regulations and conditions to operate its business and failure to obtain, retain or renew such approvals and licences in a timely manner or to comply with the requisite rules, regulations and conditions may adversely affect its operations.</li><li>The company has outstanding litigation against it, an adverse outcome of which may adversely affect the company business, reputation and results of operations.</li><li>The company operations are subject to environmental and health and safety laws and other government regulations which could result in increased liabilities and increased capital expenditures.</li><li>There have been some instances of incorrect filings with the Registrar of Companies and other noncompliances under the Companies Act in the past which may attract penalties.</li><li>The company has, in the past, entered into related party transactions and may continue to do so in the future. Its cannot assure you that such transactions, individually or in the aggregate, may always be in the best interests of its shareholders.</li><li>Its success depends heavily upon the company Promoters and Directors for their continuing services, strategic guidance, and financial support.</li><li>In addition to its existing indebtedness for the company existing operations, its may incur further indebtedness during the course of business. The company cannot assure that its would be able to service the company existing and/ or additional indebtedness.</li><li>Its Promoter has provided personal guarantee for loans availed by it.</li><li>An inability to attract, recruit and retain a sufficient number of qualified and experienced drivers may adversely affect its business, result of operations and financial condition.</li><li>The Company does not have the proper information technology software, any changes in the technology may requires it to undertake substantial capital investments, which could affect its business operation.</li><li>The Industry segments in which the company operates being fragmented, its faces competition from other players which may effects the company business operations.</li><li>The company does not have the insurance for the items or material transported under the logistics segment which may adversely affect its operations attracting the legal non-compliance and litigations.</li><li>The Company has availed unsecured loans that may be recalled by the lenders at any time.</li><li>If the company is unable to source business opportunities effectively, its may not achieve the company financial objectives.</li><li>Its Directors does not have experience of being a director of a public listed company.</li><li>The requirements of being a listed company may strain its resources.</li><li>Its ability to pay dividends in the future will depends upon future earnings, financial condition, cash flows, working capital requirements and capital expenditures.</li><li>Its may not be successful in implementing the company business strategies.</li><li>Its Promoters will continue jointly to retain majority control over the Company after the Issue, which will allow them to determine the outcome of matters submitted to shareholders for approval</li><li>The average cost of acquisition of Equity Shares by its Promoters could be lower than the floor price.</li><li>The Equity Shares have never been publicly traded, and, after the issue, the equity shares may experience price and volume fluctuations, and an active trading market for the equity shares may not develop. Further, the price of the equity shares may be volatile, and you may be unable to resell the equity shares at or above the issue price, or at all.</li><li>There are restrictions on daily weekly monthly movement in the price of the equity shares, which may adversely affect the shareholder's ability to sell for the price at which it can sell, equity shares at a particular point in time.</li><li>The Company has during the preceding one year from the date of this Red Herring Prospectus have allotted Equity Shares at a price which may be lower than the Issue Price.</li><li>The company has not independently verified certain data in this Red Herring Prospectus.</li><li>QIB and Non-Institutional Investors are not permitted to withdraw or lower their Bids (in terms of quantity of Equity Shares or the Bid Amount) at any stage after submitting a Bid.</li><li>Investors will not be able to sell immediately on an Indian stock exchange any of the Equity Shares they purchase in the Issue.</li><li>Any future issuance of Equity Shares may dilute the shareholding of the Investor, or any sale of Equity Shares by its Promoter or other significant shareholder(s) may adversely affect the trading price of the Equity Shares.</li></ul>

The Issue type of Savy Infra and Logistics Ltd is Book Building - SME.

The minimum application for shares of Savy Infra and Logistics Ltd is 2400.

The total shares issue of Savy Infra and Logistics Ltd is 5832000.

Initial public issue of up to 58,32,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Savy Infra AND Logistics Limited ("Company") for cash at a price of Rs. 120 per equity share (Including a Share Premium of Rs. 110 per Equity Share) ("Issue Price") aggregating up to Rs. 69.98 crores of which up to 2,92,800 equity shares of face value of Rs. 10 each for cash at a price of Rs. 120 per equity share including a share premium of Rs.110 per equity share aggregating to Rs. 3.51 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 55,39,200 equity shares of face value of Rs. 10 each at a price of Rs. 120 per equity share aggregating to Rs. 66.47 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 28.03% and 26.62% respectively of the post issue paid up equity share capital of the company.