| IPO Listing At | BSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹8.06 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.06 Cr |
| Fresh Issue | ₹7.64 Cr |
| Face Value | βΉ10 Per Equity Share |
| Issue Price | βΉ62.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543376 |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Beeline Broking Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
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 companyβs projects are marketed under the brand name of βSamorβ.
Competitive strengths
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Investment into our subsidiary namely M/s Samor & Motherland LLP (βSMLβ) | 6.00 |
| 2 | General Corporate Expenses | 1.66 |
| 3 | Public Issue Expenses | 0.40 |
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 3.56 | 0.36 | 1.68 |
| Total Income | 9.64 | 1.07 | 8.33 |
| Profit After Tax | 0.10 | -0.09 | 0.11 |
| EBITDA | 0.14 | -0.07 | 0.23 |
| NET Worth | 3.10 | 0.48 | |
| Reserves and Surplus | 0.10 | ||
| Total Borrowing | 0.59 | ||
| Amount in ₹ Crore | |||