Fixed Price IPO | ₹3 Cr | Listed at BSE SME | Thu, Mar 28, 2013 - Wed, Apr 3, 2013
Samruddhi Realty IPO is a fixed price issue of ₹2.62 crores. The issue is entirely a fresh issue of 0.22 crore shares of ₹2.62 crore.
Samruddhi Realty IPO bidding started from Mar 28, 2013 and ended on Apr 3, 2013. The shares got listed on BSE SME on Apr 12, 2013.
Samruddhi Realty IPO price is ₹12 per share. The lot size for an application is 10,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (10000 shares) (based on upper price). The minimum lot size for investment in HNI is 2 lots (20,000 shares), amounting to ₹2,40,000.
Hem Securities Ltd. is the book running lead manager and Sharex Dynamic (India) Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Hem Securities Ltd..
Refer to Samruddhi Realty IPO RHP for detailed Information.
IPO Open
Thu, Mar 28, 2013
IPO Close
Wed, Apr 3, 2013
Issue Price
₹12 per share
Market Cap (Pre-IPO)
₹8.40 Cr
| IPO Date | 28 Mar to 3 Apr, 2013 |
| Listed on | Fri, Apr 12, 2013 |
| Face Value | ₹10 per share |
| Issue Price | ₹12 per share |
| Lot Size | 10,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 21,80,000 shares (agg. up to ₹3 Cr) |
| Reserved for Market Maker | 1,10,000 shares Hem Securities Ltd. (agg. up to ₹0.1320 Cr) |
| Fresh Issue (Ex Market Maker) | 20,70,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 20,70,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 48,30,000 shares |
| Share Holding Post Issue | 70,00,000 shares |
| BSE Script Code | 535466 |
| ISIN | INE621O01016 |
Samruddhi Realty IPO comprises a total issue size of 21,70,000 shares. The net offer to the public is 20,60,000 shares, after excluding 1,10,000 shares allotted on a firm basis. Of the Net offer 10,30,000 (50.00%) allocated to NII 10,30,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 10,30,000 | 50.00% | 47.47% |
| Retail Shares Offered | 10,30,000 | 50.00% | 47.47% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,10,000 | 5.07% | |
| Total Shares Offered | 21,70,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 10,000 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹1,20,000 |
| Retail (Max) | 1 | 10,000 | ₹1,20,000 |
| HNI (Min) | 2 | 20,000 | ₹2,40,000 |
Incorporated in 2003, Samruddhi Realty Ltd is the flagship company of Samruddhi Group and engaged in the business of real estate development. Company is headquartered in Bangalore and core area of operations is residential projects.
They have executed projects at different locations in the Bangalore region. They have an in-house architectural and designing team which co-ordinates the entire process from initiation of a project to its final delivery, that ensure quality of and timely execution of each project. Most of the developments carried out by them are on a joint development model with the land owners being given built up area. They currently follow a sale model for their residential projects.
Samruddhi Realty has only presence in Bangalore. Projects completed by the Company are Eastlynne Luxury Apartments, Whitefield, Regal Luxury Apartments, High Street, Royale Luxury Apartments, High Street, Grace Luxury Apartments, Viviani Road, Ananda Luxury Apartments, JP nagar, Bangalore.
| 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 | Part Repayment of Term Loan taken from Karnataka Bank | 2.07 |
| KPI | |
|---|---|
| RoNW | 12.48% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 100% | 69% |
| Market Cap | ₹8.40 Cr. |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including fees and reimbursements of Market Making Fees, underwriting and selling commissions, brokerages, payment to other intermediaries such as Legal Advisors, Registrars, Bankers etc and other out of pocket expenses | 0.46 |
| 2 | Printing and Stationery and postage expenses | 0.04 |
| 3 | Advertising and Marketing expenses | 0.05 |
| 4 | Other Expenses | 0.02 |
| 5 | Regulatory fees and expenses | 0.04 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹12.00 |
| Open | ₹13.00 |
| Low | ₹12.75 |
| High | ₹13.65 |
| Last Trade | ₹13.65 |
Lead Manager Reports
Samruddhi Realty IPO is a SME IPO of 21,80,000 equity shares of the face value of ₹10 aggregating up to ₹3 Crores. The issue is priced at ₹12 per share. The minimum order quantity is 10000.
The IPO opens on Thu, Mar 28, 2013, and closes on Wed, Apr 3, 2013.
Sharex Dynamic (India) Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Samruddhi Realty IPO using UPI as a payment gateway. Zerodha customers can apply in Samruddhi Realty IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Samruddhi Realty IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Samruddhi Realty IPO opens on Thu, Mar 28, 2013 and closes on Wed, Apr 3, 2013.
Samruddhi Realty IPO lot size is 10000, and the minimum amount required for application is ₹1,20,000.
You can apply in Samruddhi Realty 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 Samruddhi Realty IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Samruddhi Realty IPO allotment status.
The Samruddhi Realty IPO listing date is on Fri, Apr 12, 2013.
