IPO Issue Details
Issue Price / Price Band₹62 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size13,00,000 shares (aggregating up to ₹8.06 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 30 Sep 2021
Subscription CloseTue, 05 Oct 2021
Anchor AllotmentWed, 29 Sep 2021
Basis of AllotmentMon, 11 Oct 2021
Initiation of RefundsTue, 12 Oct 2021
Credit of Shares to DematTue, 12 Oct 2021
Listing DateWed, 13 Oct 2021
UPI Mandate Deadline2021-10-05
Application & Investment Details
Retail — Min (1 Lots)₹1,24,000 — 2,000 shares
Retail — Max (13 Lots)₹1,612,000 (13 Lots)
HNI — Min (2 Lots)₹2,48,000 — 4,000 shares
Net Offer to Public12,32,000 shares (aggregating up to ₹7.64 Cr)
Reserved for Market Maker68,000 shares (aggregating up to ₹0.4216 Cr)
Pre-IPO Promoter Holding30,00,000 shares
Post-IPO Promoter Holding43,00,000 shares
About Samor Reality Ltd.
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 strengthsA 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.
Objects of the Issue
Samor Reality Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Investment into our subsidiary namely M/s Samor & Motherland LLP (“SML”)
6.00
2
2 General Corporate Expenses
1.66
3
3 Public Issue Expenses
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
30,00,000 shares
Post-IPO Promoter Holding
43,00,000 shares