Sameera Agro IPO is going to list on stock exchange on Monday, January 1, 2024. It will list on the NSE and SME stock exchange.
Sameera Agro IPO opens for subscription on December 21, 2023 and closes on December 27, 2023. IPO Price of per share is ₹180. The total issue is of Rs.62.64 crores which will be raised through fresh issue of shares.
Sameera Agro IPO lot size for an application is of 800 shares per lot which comes to Rs. 1,44,000. Retail Investor can apply only 1 lot of shares and HNIs have to apply minimum of 2 lots. which comes to Rs. 2,88,000.
sameera agro IPO schedule
| Particulars | Date |
| IPO open for subscription | December 21, 2023 |
| IPO close for subscription | December 27, 2023 |
| Allotment of shares | December 28, 2023 |
| Listing Date | January 1, 2023 |
Sameera Agro IPO Financial Information
Rs. in lakhs
| Particulars | For the period ended Sep 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
| Revenue | 9,436.52 | 13,881.83 | 10,533.56 | 8,009.53 |
| Net Profit | 692.19 | 1,003.73 | 274.17 | 122.15 |
| Total Equity | 2,569.66 | 1,877.47 | 873.74 | 599.57 |
| Growth in Revenue YOY | – | 31.79% | 31.51% | – |
| Particulars | For the period ended Sep 30, 2023 | For the year ended March 31, 2023 | For the year ended March 31, 2022 | For the year ended March 31, 2021 |
| EPS | 8.21 | 11.91 | 6.50 | 2.90 |
The P/E ratio of the company at the price point of Rs. 180 is 15.11; for P/E calculation we have taken the EPS of March 31, 2023.
The Total Market capitalisation of Sameera Agro at price of Rs. 180 per share is INR 214.38 crores.
about sameera agro
Sameera Agro was incorporated as ‘Sameera Homes Private Limited’, under the Companies Act, 1956 pursuant to Certificate of Incorporation dated March 08, 2002, issued by the Registrar of Companies, Hyderabad, Telangana. Later it changed to Sameer Agro and Infra Limited in April, 2023.
Sameera Agro business operations include development of real estate projects in the Residential, Commercial, plotting residential segment comprising apartment-type complexes, villas, Commercial complex, and Plotting Scheme largely catering to the small and medium customers and acquisition/operate medium sized properties. Within a short span of time, the Company has grown up to a level of developing hundreds of acres of land of real estate projects.
In the year 2021, our Company has expanded its wings to processing, drying, sale, purchase, marketing and distribution of agricultural commodities of pulses, cereals, grains, such as urad dal, moong dal, toor dal etc.
Objects of the offer
The Offer comprises of a Fresh Issue by the Company. The Fresh Issue includes a public Issue of 34,80,000 Equity Shares of the Company at an Issue Price of Rs. 180.00 per Equity Share.
The Net Proceeds from the Issue are proposed to be utilized by our Company for the following objects:
Fresh Issue
Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
1) Construction of Ongoing Project;
2) Construction of new Multiplex;
3) To meet the existing Working Capital requirement for our agro business; and
4) General Corporate Expenses.
Net Proceed to be received:
| Particulars | Amount(Rs in Lakhs) |
| Gross Issue Proceeds | 6,264.00 |
| Less: Public Issue Related Expenses | 150.00 |
| Net Issue Proceed | 6,114.00 |
The Net Proceeds are currently expected to be deployed in accordance with the estimated schedule set forth below:
| Particulars | Amount |
| Construction of Ongoing Project | 661.85 |
| Construction of new Multiplex | 4,969.05 |
| To meet the existing Working Capital requirement for our agro business | 383.10 |
| General Corporate Expenses | 100.00 |
| Total | 6,114.00 |
For detailed information regarding offer you can see RHP.
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