Samor Reality Limited IPO Detail
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
- A Experienced Management Team with an in-depth understanding of the real estate market in the region.
- Established brand and good brand reputation.
- Overall management of projects.
- Customer-centric, scalable business model.
- Quality Assurance and Standard.
Company Promoters
IPO Details
| IPO Opening Date | Sep 30, 2021 |
| IPO Closing Date | Oct 05, 2021 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹62 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹8.06 Cr |
| Fresh Issue | ₹8.06 Cr |
| Offer for Sale | - |
| Retail Portion | - |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.0x | - | - | 2.10x | 0.06x | 1.08x |
| Day 2 | 0.0x | - | - | 2.18x | 0.22x | 1.20x |
| Day 3 | 0.0x | - | - | 2.23x | 0.51x | 1.37x |
| Day 4 | 0.0x | - | - | 2.55x | 0.90x | 1.72x |
IPO Tentative Timetable
The Samor Reality Limited IPO open date is Sep 30, 2021, and the close date is Oct 05, 2021. The issue may list on Oct 13, 2021.
| IPO Open Date | Sep 30, 2021 |
| IPO Close Date | Oct 05, 2021 |
| Basis of Allotment Date | Oct 08, 2021 |
| Initiation of Refunds | Oct 11, 2021 |
| Credit of Shares to Demat Account | Oct 12, 2021 |
| IPO Listing Date | Oct 13, 2021 |
IPO Lot Size
The Samor Reality Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹124000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹124000 |
| Maximum | 1 | 2000 | ₹124000 |
IPO Promoter Holding
| Pre Issue Share Holding | 76.50% |
| Post Issue Share Holding | 53.37% |
Company Financials:
For the year/period ended (₹ in Crs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 3.558 | 9.644 | 0.104 |
| 31-Mar-20 | 0.363 | 1.073 | 0.17 |
| 31-Mar-19 | 1.676 | 8.330 | 0.111 |
Objects of the Issue:
