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Samor Reality IPO is a fixed price issue of ₹8.06 crores. The issue is entirely a fresh issue of 0.13 crore shares of ₹8.06 crore.
Samor Reality IPO bidding started from Sep 30, 2021 and ended on Oct 5, 2021. The shares got listed on BSE SME on Oct 13, 2021.
Samor Reality IPO price is ₹62.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an individual investor (retail) is ₹1,24,000 (2000 shares). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,48,000.
Beeline Broking Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue. The market maker of the company is Sunflower Broking Pvt.Ltd..
Refer to Samor Reality IPO RHP for detailed Information.
| IPO Date | September 30, 2021 to October 5, 2021 |
| Listing Date | October 13, 2021 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹62 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 13,00,000 shares (aggregating up to ₹8.06 Cr) |
| Reserved for Market Maker | 68,000 shares Sunflower Broking Pvt.Ltd. (aggregating up to ₹0.4216 Cr) |
| Net Offered to Public | 12,32,000 shares (aggregating up to ₹7.64 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 43,00,000 shares |
Samor Reality Limited IPO offers total 13,00,000 shares. Out of which 6,16,000 (47.38%) allocated to NII, 6,16,000 (47.38%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 68,000 (5.23%) |
| NII (HNI) Shares Offered | 6,16,000 (47.38%) |
| Retail Shares Offered | 6,16,000 (47.38%) |
| Total Shares Offered | 13,00,000 (100.00%) |
Samor Reality IPO opens on September 30, 2021, and closes on October 5, 2021.
| IPO Open Date | Thu, Sep 30, 2021 |
| IPO Close Date | Tue, Oct 5, 2021 |
| Tentative Listing Date | Wed, Oct 13, 2021 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Oct 5, 2021 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,24,000 |
| Retail (Max) | 1 | 2,000 | ₹1,24,000 |
| HNI (Min) | 2 | 4,000 | ₹2,48,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in the year 2014, Samor Reality is engaged in the construction and development of residential and commercial projects, in and around Ahmedabad, Gujarat. The company has developed versatile projects by focussing on innovative architecture, strong project execution, and quality construction.
The company intends to exploit the opportunities that are available in the Real Estate Sector and its operations may cover all aspects of real estate development. The company may also enter into project-specific joint ventures or partnerships with other companies to enhance its credentials.
The company is also engaged in the activity of trading building and construction materials specifically TMT Bars, HR Sheets of different sizes. The total of 100% of revenue for the year ended on March 31, 2021, is from trading activity. The company’s projects are marketed under the brand name of “Samor”.
Competitive strengths
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 35.58 | 3.63 | 16.76 | ||
| Total Revenue | 96.44 | 10.73 | 83.30 | ||
| Profit After Tax | 1.04 | (0.87) | 1.11 | ||
The Company Samor Reality IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Investment into our subsidiary namely M/s Samor & Motherland LLP (“SML”) | 6.00 |
| 2 | General Corporate Expenses | 1.66 |
| 3 | Public Issue Expenses | 0.40 |
[Dilip Davda] The reality sector is still in dilemma and this company has not done any remarkable performance. It has done some trading business till now. The issue is exorbitantly priced making it a risky bet. There is no harm in ignoring it fully. Read detail review...
| Listing Date | October 13, 2021 |
| BSE Script Code | 543376 |
| NSE Symbol | |
| ISIN | INE0GD201014 |
| Final Issue Price | ₹62 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹62.00 |
| Open | ₹64.80 |
| Low | ₹62.35 |
| High | ₹65.00 |
| Last Trade | ₹62.45 |
Samor Reality Ltd.
FO F.401, Shop Atlantis,
Near Reliance Pump, Prahladnagar Road,
Anandnagar, Satellite,
Ahmedabad, Gujarat, 380015
Phone: 079-4038-0259
Email: compliance@samor.in
Website: https://samor.in/
Kfin Technologies Ltd.
Phone: 04067162222, 04079611000
Email: samor.ipo@kfintech.com
Website: https://ipostatus.kfintech.com/
Samor Reality IPO is a SME IPO of 13,00,000 equity shares of the face value of ₹10 aggregating up to ₹8.06 Crores. The issue is priced at ₹62 per share. The minimum order quantity is 2000.
The IPO opens on September 30, 2021, and closes on October 5, 2021.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Samor Reality IPO using UPI as a payment gateway. Zerodha customers can apply in Samor Reality IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Samor Reality IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Samor Reality IPO opens on September 30, 2021 and closes on October 5, 2021.
Samor Reality IPO lot size is 2000, and the minimum amount required for application is ₹1,24,000.
You can apply in Samor Reality 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 Samor Reality IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Samor Reality IPO allotment status.
The Samor Reality IPO listing date is on Wednesday, October 13, 2021.
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