Fixed Price IPO | ₹63 Cr | Listed at NSE SME | Thu, Dec 21, 2023 - Wed, Dec 27, 2023
Sameera Agro IPO is a fixed price issue of ₹62.64 crores. The issue is entirely a fresh issue of 0.35 crore shares of ₹62.64 crore.
Sameera Agro IPO bidding started from Dec 21, 2023 and ended on Dec 27, 2023. The allotment for Sameera Agro IPO was finalized on Dec 28, 2023. The shares got listed on NSE SME on Jan 1, 2024.
Sameera Agro IPO price is ₹180 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹1,44,000 (800 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (1,600 shares), amounting to ₹2,88,000.
First Overseas Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The Market Maker of the company is Svcm Securities Pvt.Ltd..
Refer to Sameera Agro IPO RHP for detailed Information.
IPO Open
Thu, Dec 21, 2023
IPO Close
Wed, Dec 27, 2023
Issue Price
₹180 per share
Market Cap (Pre-IPO)
₹214.38 Cr
| IPO Date | 21 to 27 Dec, 2023 |
| Listed on | Mon, Jan 1, 2024 |
| Face Value | ₹10 per share |
| Issue Price | ₹180 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Total Issue Size | 34,80,000 shares (agg. up to ₹63 Cr) |
| Reserved for Market Maker | 1,84,000 shares Svcm Securities Pvt.Ltd. (agg. up to ₹3 Cr) |
| Fresh Issue (Ex Market Maker) | 32,96,000 shares (agg. up to ₹59 Cr) |
| Net Offered to Public | 32,96,000 shares (agg. up to ₹59 Cr) |
| Share Holding Pre Issue | 84,29,800 shares |
| Share Holding Post Issue | 1,19,09,800 shares |
| NSE Symbol | SAIFL |
| ISIN | INE0PZA01015 |
Sameera Agro IPO comprises a total issue size of 34,80,000 shares. The net offer to the public is 32,96,000 shares, after excluding 1,84,000 shares allotted on a firm basis. Of the Net offer 16,48,000 (50.00%) allocated to NII 16,48,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 16,48,000 | 50.00% | 47.36% |
| Retail Shares Offered | 16,48,000 | 50.00% | 47.36% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,84,000 | 5.29% | |
| Total Shares Offered | 34,80,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 800 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹1,44,000 |
| Retail (Max) | 1 | 800 | ₹1,44,000 |
| HNI (Min) | 2 | 1,600 | ₹2,88,000 |
Incorporated in 2002, Sameera Agro And Infra Limited, previously known as Sameera Homes Private Limited is an infrastructure development and construction company.
The company plans, develops, and constructs Residential and commercial spaces, Apartments, Townships, Multistoried complexes, Gated communities, Landscapes, Bridges, Flyovers, Subways, Alleys, Industrial parks, Laying of Water pipelines, Gas pipelines, and other related works.
In 2021, the company further expanded its business activities and ventured into processing, drying, sale, purchase, marketing, and distribution of agricultural commodities of pulses, cereals, grains, such as urad dal, moong dal, toor dal, etc., peeled and unpeeled, mung dal, black grans, green gram, mung beans, red lentils, yellow dal, split yellow peas, etc.
The company has a leased manufacturing and processing unit near Hyderabad which is accessible for all the three states viz., Telangana, Karnataka, and Maharashtra. The Company is also in the process of acquiring processing mills on a lease basis at Guntur and Rajahmundry in Andhra Pradesh.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 60.53 | 58.09 | 40.23 | 36.31 |
| Total Income | 94.37 | 138.82 | 105.34 | 80.10 |
| Profit After Tax | 6.92 | 10.04 | 2.74 | 1.22 |
| NET Worth | 25.70 | 18.77 | 8.74 | 6.00 |
| Reserves and Surplus | 17.27 | 10.34 | 4.52 | 1.78 |
| Total Borrowing | 3.23 | 3.23 | 3.23 | 0.75 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Construction of Ongoing Project | 6.62 |
| 2 | Construction of new Multiplex | 49.69 |
| 3 | To meet the existing Working Capital requirement for the agro business | 3.83 |
| 4 | General Corporate Expenses | 1.00 |
| KPI | |
|---|---|
| ROE | 53.46% |
| ROCE | 64.17% |
| Debt/Equity | 0.29 |
| RoNW | 53.46% |
| PAT Margin | 7.23% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.91 | |
| P/E (x) | 15.11 | 15.49 |
| Promoter Holding | 97.49% | 69.00% |
| Market Cap | ₹214.38 Cr. |
The Sameera Agro IPO is subscribed 2.92 times on December 27, 2023 7:29:00 PM (Day 4). The public issue subscribed 4.14 times in the retail category, [.] times in the QIB category, and 1.7 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 1.7 | 16,48,000 | 28,02,400 |
| Retail | 4.14 | 16,48,000 | 68,18,400 |
| Total | 2.92 | 32,96,000 | 96,25,600 |
Total Application : 8,523
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including, underwriting, and selling commissions, brokerages, Advisors to the Company, payment to other intermediaries such as Legal Advisors, Market Maker, Registrars etc. and other out of pocket expenses, Brokerage and selling commission | 1.25 |
| 2 | Advertising and marketing expenses | 0.07 |
| 3 | Printing & Stationery, Distribution, Postage | 0.04 |
| 4 | Regulatory and other statutory expenses including Listing Fee | 0.15 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹180.00 |
| Open | ₹180.00 |
| Low | ₹171.00 |
| High | ₹185.00 |
| Last Trade | ₹171.00 |
Lead Manager Reports
Sameera Agro IPO is a SME IPO of 34,80,000 equity shares of the face value of ₹10 aggregating up to ₹63 Crores. The issue is priced at ₹180 per share. The minimum order quantity is 800.
The IPO opens on Thu, Dec 21, 2023, and closes on Wed, Dec 27, 2023.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Sameera Agro IPO using UPI as a payment gateway. Zerodha customers can apply in Sameera Agro IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Sameera Agro IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Sameera Agro IPO opens on Thu, Dec 21, 2023 and closes on Wed, Dec 27, 2023.
Sameera Agro IPO lot size is 800, and the minimum amount required for application is ₹1,44,000.
You can apply in Sameera Agro IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Sameera Agro IPO will be done on Thursday, December 28, 2023, and the allotted shares will be credited to your demat account by Fri, Dec 29, 2023. Check the Sameera Agro IPO allotment status.
The Sameera Agro IPO listing date is on Mon, Jan 1, 2024.
