Samay Project Services Limited was incorporated on November 08, 2001 as ‘Samay Project Services Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated November 8, 2001 issued by the Assistant Registrar of Companies, Tamil Nadu. Further, the company was converted into a public limited company pursuant to a resolution passed by the Board of Directors in their meeting held on February 10, 2024 and by its Shareholders at an Extra-Ordinary General Meeting held on February 29, 2024 and consequently the name of the company was changed to ‘Samay Project Services Limited’ and a fresh certificate of incorporation dated August 07, 2024 was issued by the Registrar of Companies, Central Processing Centre.

Samay Project Services is primarily engaged in Engineering, Procurement and Construction (EPC) Services providing specialized services in design, engineering, supply, fabrication, erection and commissioning of balance of plant (BOP) systems in various industries. The company is involved in EPC projects which consists of (i) Piping System, (ii) Tanks and vessels and fabricated structures; and (iii) fire protection and detection systems / firefighting systems (FFS).

The various systems engineered, procured and constructed by the company finds its application in a diverse range of industries, including power, sugar and distilleries, iron and steel, infrastructure, etc. The system may consist of subsystems, products and raw materials, which are procured directly by the company from the vendors, fabricated, erected at site to provide the complete functionality of the overall system, meeting tender requirements. In case of tanks, carbon steel or stainless steel, as the case may be, is procured as hot rolled sheets with cutting, edge preparation, rolling, erection, fit-up, welding carried out at site as per the approved drawings under the supervision of the company’s engineers.

The company is an ISO 9001:2015 certified organization for quality management system for the activities which includes Engineering, Supply, Fabrication, Erection, Testing and Commissioning of Piping, Appurtenances and Tanks, Fire Protection, Detection and Suppression Systems. The company is committed to provide quality work to its customers that meets the project standards and specifications for materials, workmanship and timely execution. It treats all suppliers as its partners who work with it on a long-term basis. It always has supervisory staff consisting of a project manager, quality assurance engineer and safety engineer at each of the project sites that it executes. The company also provides multiple services in a particular project with a combination of the aforesaid services, wherein combined revenues are generated, the break-up of which is provided below under Revenue break-up tab.

Business area of the company

The company is primarily engaged in Engineering, Procurement and Construction (EPC) Services providing specialized services in design, engineering, supply, fabrication, erection and commissioning of balance of plant (BOP) systems in various industries.

History and milestones

• 2001: Incorporation of the company as a private limited company under the name ‘Samay Project Services Private Limited’.
• 2008: The erstwhile promoters, namely N Sashi Kumar and Smitha Sashi kumar transferred the business of the company on a going concern basis, in its entirety barring a few assets and liabilities, by way of transferring their entire shareholding to Comfort Solutions Private Limited. The transfer of business and the shareholding have been undertaken pursuant to an agreement for transfer of controlling shareholding executed on March 07, 2008. Comfort Solutions Private Limited, subsequently, transferred its entire shareholding in the company to its existing Promoters.
• 2011: The company received the order for designing, engineering, supplying, assembling, testing and commissioning of piping and appurtenances for a 40 MW captive power plant project at Jharsuguda Orissa.
• 2013: Enlistment as a Vendor with Bharat Heavy Electricals Limited.
• 2018: Received VDS Approval certificate.
• 2020: The company received an order for supply of material for Public Health Engineering (PHE) system required for development of infrastructure at Agalega Island, Mauritius.
• 2023: Certificate of registration issued to certify that the quality management systems of the company have been audited and have found to be compliant with standards prescribed under ISO 9001:2015
• 2024: Converted to Public Limited Company and Name changed to ‘Samay Project Services Limited’.