Company Profile
Samay Project Services Limited, incorporated in 2001 and headquartered in Chennai, Tamil Nadu, is a multi-disciplinary engineering, procurement, and construction (EPC) service provider. The company specializes in delivering turnkey project solutions across industries such as oil and gas, power, petrochemicals, water infrastructure, and bio-energy.
Samay offers comprehensive services ranging from designing, supplying, and installing fire protection systems to executing large-scale piping projects, storage tanks, and process equipment. It also undertakes cross-country pipeline installation and bio-CNG plant development—reflecting its growing focus on sustainable and green energy infrastructure.
With a dedicated in-house technical team, Samay combines engineering expertise with robust project management practices. The company has completed over 120 projects and continues to deliver reliable, efficient, and customized EPC solutions for industrial clients across India.
Backed by two decades of operational experience and a strong execution track record, Samay Project Services Limited aims to expand its capabilities and geographic reach through its upcoming SME IPO.
Business Model
Samay Project Services Limited operates on a turnkey EPC (Engineering, Procurement, and Construction) model, delivering comprehensive project execution services across multiple industrial sectors. The company focuses on offering end-to-end solutions — from design and engineering to procurement, fabrication, installation, and commissioning.
Its core business areas include:
- Fire Protection Systems: Designing and installing advanced fire safety systems for industrial clients.
- Piping and Mechanical Works: Execution of low-pressure and utility piping, tank farms, and structural works.
- Cross-Country Pipelines: Laying and managing hydrocarbon and water pipelines across challenging terrains.
- Bio-CNG Projects: EPC execution of bio-energy plants, supporting green energy initiatives.
The company earns revenue on a project basis through contracts awarded by industrial clients and public sector undertakings. It relies on strong in-house engineering, efficient project management, and a skilled execution team to complete projects within specified timelines and budgets.
By maintaining a lean structure and leveraging technical know-how, Samay Project Services ensures quality delivery and client satisfaction while optimizing costs and maximizing project margins.
Product Portfolio
Samay Project Services Limited offers a diversified range of engineering and construction services tailored to industrial infrastructure needs. Its portfolio includes:
- Fire Protection Systems
Turnkey design and execution of fire safety systems, including hydrant systems, sprinkler systems, high-velocity and medium-velocity spray systems, and foam systems—suitable for industrial plants, refineries, and warehouses. - Piping and Mechanical Works
Fabrication, erection, and commissioning of utility and process piping systems. This includes work on carbon steel and stainless steel pipelines for water, steam, oil, and chemicals in plants and factories. - Storage Tanks and Tank Farms
Construction of above-ground storage tanks for water, fuel, and chemicals as per API 650 standards. These are used in terminals, refineries, and process industries. - Cross-Country Pipelines
Execution of long-distance pipeline projects for water supply, crude oil, and gas transportation—often requiring advanced planning, logistics, and environmental compliance. - Bio-CNG Plants (Sustainable Energy Projects)
Engineering and construction of bio-compressed natural gas (CNG) plants, focusing on renewable energy and waste-to-energy initiatives aligned with India’s green infrastructure goals. - Instrumentation & Electrical Works
Installation and integration of process control systems, instrumentation panels, electrical wiring, and automation components used in industrial settings.
Features Across Products
- End-to-End Turnkey Execution
Samay handles all stages of project development—engineering, procurement, construction, and commissioning—ensuring accountability, efficiency, and streamlined delivery. - Compliance with Industry Standards
All systems and structures, such as pipelines and storage tanks, are designed and constructed in adherence to recognized codes like IS, ASME, and API standards, ensuring safety and reliability. - Customization Based on Client Needs
Every project is tailored to meet specific operational requirements, site conditions, and industry demands, offering high flexibility in execution. - Integration of Safety and Sustainability
Emphasis is placed on fire safety, environmental compliance, and sustainable practices such as bio-CNG plant construction and use of recyclable materials. - Technical Expertise and Automation
Utilization of modern project management tools, 3D design modeling, and automated estimation methods enhances accuracy, cost control, and execution timelines.
🎯 Objectives of the IPO
- Working Capital Enhancement
A significant portion of the IPO proceeds is intended to strengthen the company’s working capital position, enabling it to take on larger and more complex EPC projects across sectors. - Expansion of Business Operations
The company plans to expand its geographical reach and scale its execution capabilities by investing in manpower, project infrastructure, and operational support systems. - Investment in Equipment and Technology
Funds will be utilized to acquire modern construction tools, automation software, and safety systems to enhance execution efficiency and quality standards. - Debt Reduction (if applicable)
If the company holds any existing short-term borrowings, part of the proceeds may be used for repayment to improve its debt-equity structure and financial stability. - General Corporate Purposes
The remaining funds will support routine business needs, administrative improvements, brand building, and the adoption of sustainable project practices.
Future Outlook
Samay Project Services Limited is strategically positioned to benefit from India’s growing infrastructure development and renewable energy focus. With government initiatives promoting sustainable industrial growth, pipeline connectivity, fire safety compliance, and bioenergy adoption, demand for turnkey EPC services is expected to rise.
The company plans to leverage its strong project execution history and engineering expertise to enter new sectors such as green hydrogen, waste-to-energy, and industrial automation. Its investment in modern tools and an expanding technical team will likely support timely delivery and margin growth.
By enhancing its pan-India presence, building long-term partnerships, and scaling operations through IPO funding, Samay aims to strengthen its position as a reliable mid-sized EPC player—well-equipped to compete for public and private infrastructure contracts in the coming years.
🧭 Vision and Leadership
🎯 Vision Statement
Samay Project Services Limited envisions becoming a trusted, innovative, and sustainable EPC partner across India’s core infrastructure and industrial sectors. The company strives to deliver high-quality engineering solutions that meet global standards while promoting safety, efficiency, and environmental responsibility.
👨💼 Leadership
The company is led by a team of experienced professionals with decades of combined expertise in engineering, project management, and industrial execution. Under their guidance, Samay has developed a reputation for reliability, timely delivery, and customer-centric service in sectors such as oil & gas, power, water management, and renewable energy.
The leadership emphasizes:
- Transparent business practices
- Adoption of modern construction technologies
- Workforce development and technical training
- Sustainable and safety-compliant operations
Their long-term vision is to scale the company responsibly, build lasting client relationships, and contribute meaningfully to India’s industrial growth and green transition.
Market Positioning and Growth Prospects
📍 Market Positioning
Samay Project Services Limited is positioned as a dependable mid-sized EPC company with a diversified service offering across sectors like oil & gas, power, petrochemicals, and bio-energy. The company’s ability to deliver customized, turnkey solutions — from fire safety systems to cross-country pipelines and bio-CNG plants — allows it to serve both private sector clients and public infrastructure projects.
Its reputation for timely execution, technical competence, and adherence to safety and environmental norms gives it a competitive edge in the industrial EPC space, especially in South and Western India.
🚀 Growth Prospects
- Infrastructure Push in India: With continued government focus on industrial corridors, energy access, and pipeline connectivity, EPC demand is expected to rise sharply.
- Sustainable Energy Opportunities: The rise of renewable energy and waste-to-energy projects creates a strong future pipeline, especially in segments like bio-CNG and green hydrogen.
- SME Sector Advantage: As a nimble and adaptable company, Samay can cater to niche markets and execute cost-efficient solutions faster than larger conglomerates.
- IPO-Funded Expansion: Proceeds from the IPO are expected to enhance capacity, geographic reach, and service offerings, strengthening the company’s presence in newer regions and verticals.
- Increased Regulatory Compliance: Rising safety and environmental regulations across industries are driving demand for expert EPC services in fire protection and sustainable design.
