Fixed Price IPO | ₹8 Cr | Listed at BSE SME | Thu, Sep 30, 2021 - Tue, Oct 5, 2021
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Sep 30, 2021
IPO Close
Tue, Oct 5, 2021
Issue Price
₹62 per share
Market Cap (Pre-IPO)
₹26.66 Cr
| IPO Date | 30 Sep to 5 Oct, 2021 |
| Listed on | Wed, Oct 13, 2021 |
| Face Value | ₹10 per share |
| Issue Price | ₹62 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 13,00,000 shares (agg. up to ₹8 Cr) |
| Reserved for Market Maker | 68,000 shares Sunflower Broking Pvt.Ltd. (agg. up to ₹0.4216 Cr) |
| Fresh Issue (Ex Market Maker) | 12,32,000 shares (agg. up to ₹8 Cr) |
| Net Offered to Public | 12,32,000 shares (agg. up to ₹8 Cr) |
| Share Holding Pre Issue | 30,00,000 shares |
| Share Holding Post Issue | 43,00,000 shares |
| BSE Script Code | 543376 |
| ISIN | INE0GD201014 |
Samor Reality IPO comprises a total issue size of 13,00,000 shares. The net offer to the public is 12,32,000 shares, after excluding 68,000 shares allotted on a firm basis. Of the Net offer 6,16,000 (50.00%) allocated to NII 6,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 6,16,000 | 50.00% | 47.38% |
| Retail Shares Offered | 6,16,000 | 50.00% | 47.38% |
| Firm Reservations | |||
| Market Maker Shares Offered | 68,000 | 5.23% | |
| Total Shares Offered | 13,00,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples thereof.
| 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 |
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
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
The Samor Reality Limited IPO is subscribed 1.74 times on October 5, 2021 6:52:00 AM (Day 5). The public issue subscribed 0.94 times in the retail category, [.] times in the QIB category, and 2.55 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| NII* | 2.55 | 6,16,000 | 15,70,000 |
| Retail | 0.94 | 6,16,000 | 5,76,000 |
| Total | 1.74 | 12,32,000 | 21,46,000 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars and Marketing Expenses, etc | 0.30 |
| 2 | Printing and Stationery and postage expenses | 0.02 |
| 3 | Advertising and Marketing expenses | 0.02 |
| 4 | Statutory expenses | 0.06 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹62.00 |
| Open | ₹64.80 |
| Low | ₹62.35 |
| High | ₹65.00 |
| Last Trade | ₹62.45 |
Lead Manager Reports
Samor Reality IPO is a SME IPO of 13,00,000 equity shares of the face value of ₹10 aggregating up to ₹8 Crores. The issue is priced at ₹62 per share. The minimum order quantity is 2000.
The IPO opens on Thu, Sep 30, 2021, and closes on Tue, Oct 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 Thu, Sep 30, 2021 and closes on Tue, Oct 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 Wed, Oct 13, 2021.
