Savy Infra and Logistics IPO allotment finalised: How to check status online on NSE, Maashitla Securities; check listing date

Savy Infra IPO allotment: The basis of allotment of Gandhinagar-based EPC player Savy Infra and Logistics was finalised on Thursday, July 24. The details will be available on the websites of registrar Maashitla Securities and NSE.

The ₹69.98 crore initial public offer was a fresh issuance of 58.32 lakh shares without an offer for sale (OFS) component. The money generated will be utilised for working capital requirements and general corporate purposes.

Tilak Mundhra, Chairman and Managing Director of Savy Infra & Logistics, said, "The capital raised will support our working capital needs and enable us to scale both the EPC and logistics divisions efficiently."

The price band was fixed at ₹114 to ₹120 per share, and a lot consisted of 1,200 shares. The minimum investment for individual investors was 2,400 shares.

How to check Savy Infra and Logistics IPO allotment status online on NSE

• Head to the allotment status page of NSE: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
• Choose 'Equity & SME IPO bid details'
• Pick 'Savy Infra and Logistics' under the symbol ‘SAVY’
• Enter your application number and PAN details
• Press the submit button

Steps to check Savy Infra and Logistics IPO allotment status online on Maashitla Securities

• Go to the official page of the registrar at https://maashitla.com/allotment-status/public-issues
• Select Savy Infra and Logistics from the 'company name' dropdown list
• Enter either PAN, application number or demat account number
• Click on the 'Submit' button

Savy Infra and Logistics IPO listing date

The company is an engineering, procurement, and construction firm, specialising in earthwork and foundation preparation for infra projects, including embankments, road construction, sub-grade preparation, and surface paving.