Sameera Agro IPO is a fixed price issue of Rs 62.64 crores. The issue is entirely a fresh issue of 34.8 lakh shares.
Sameera Agro IPO opens for subscription on December 21, 2023 and closes on December 27, 2023. The allotment for the Sameera Agro IPO is expected to be finalized on Thursday, December 28, 2023. Sameera Agro IPO will list on NSE SME with tentative listing date fixed as Monday, January 1, 2024.
Sameera Agro IPO price is ₹180 per share. The minimum lot size for an application is 800 Shares. The minimum amount of investment required by retail investors is ₹144,000. The minimum lot size investment for HNI is 2 lots (1,600 shares) amounting to ₹288,000.
First Overseas Capital Limited is the book running lead manager of the Sameera Agro IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Sameera Agro IPO is Svcm Securities.
Refer to Sameera Agro IPO RHP for detailed information.
Sameera Agro IPO Details
| IPO Date | December 21, 2023 to December 27, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹180 per share |
| Lot Size | 800 Shares |
| Total Issue Size | 3,480,000 shares (aggregating up to ₹62.64 Cr) |
| Fresh Issue | 3,480,000 shares (aggregating up to ₹62.64 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,429,800 |
| Share holding post issue | 11,909,800 |
| Market Maker portion | 184,000 shares Svcm Securities |
Sameera Agro IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Retail Shares Offered | 50% of the net offer |
| Other Shares Offered | 50% of the net offer |
Sameera Agro IPO Timeline (Tentative Schedule)
Sameera Agro IPO opens on December 21, 2023, and closes on December 27, 2023.
| IPO Open Date | Thursday, December 21, 2023 |
| IPO Close Date | Wednesday, December 27, 2023 |
| Basis of Allotment | Thursday, December 28, 2023 |
| Initiation of Refunds | Friday, December 29, 2023 |
| Credit of Shares to Demat | Friday, December 29, 2023 |
| Listing Date | Monday, January 1, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 27, 2023 |
Sameera Agro IPO Lot Size
Investors can bid for a minimum of 800 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 1 | 800 | ₹144,000 |
| HNI (Min) | 2 | 1,600 | ₹288,000 |
| Lot Size Calculator |
Sameera Agro IPO Promoter Holding
Mr. Satya Murthy Sivalenka And Mrs. Kameswari Satya Murthy Sivalenka are the promoters of the company.
| Share Holding Pre Issue | 97.49% |
| Share Holding Post Issue | 69.00% |
About Sameera Agro And Infra Limited
Incorporated in 2002, Sameera Agro And Infra Limited, previously known as Sameera Homes Private Limited is an infrastructure development and construction company.
The company plans, develops, and constructs Residential and commercial spaces, Apartments, Townships, Multistoried complexes, Gated communities, Landscapes, Bridges, Flyovers, Subways, Alleys, Industrial parks, Laying of Water pipelines, Gas pipelines, and other related works.
In 2021, the company further expanded its business activities and ventured into processing, drying, sale, purchase, marketing, and distribution of agricultural commodities of pulses, cereals, grains, such as urad dal, moong dal, toor dal, etc., peeled and unpeeled, mung dal, black grans, green gram, mung beans, red lentils, yellow dal, split yellow peas, etc.
The company has a leased manufacturing and processing unit near Hyderabad which is accessible for all the three states viz., Telangana, Karnataka, and Maharashtra. The Company is also in the process of acquiring processing mills on a lease basis at Guntur and Rajahmundry in Andhra Pradesh.
Sameera Agro And Infra Limited Financial Information (Restated)
Sameera Agro And Infra Limited’s revenue increased by 31.79% and profit after tax (PAT) rose by 266.1% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 6,053.48 | 5,808.94 | 4,022.60 | 3,630.77 |
| Revenue | 9,436.52 | 13,881.83 | 10,533.56 | 8,009.53 |
| Profit After Tax | 692.19 | 1,003.73 | 274.17 | 122.15 |
| Net Worth | 2,569.66 | 1,877.47 | 873.74 | 599.57 |
| Reserves and Surplus | 1,726.68 | 1,034.49 | 452.25 | 178.08 |
| Total Borrowing | 323.12 | 323.12 | 323.12 | 75.45 |
| Amount in ₹ Lakhs |
Key Performance Indicator
Sameera Agro IPO Market Cap is Rs 214.38 Cr and P/E (x) is 15.11.
| KPI | Values |
|---|---|
| P/E (x) | 15.11 |
| Post P/E (x) | 15.49 |
| Market Cap (₹ Cr.) | 214.38 |
| ROE | 53.46% |
| ROCE | 64.17% |
| Debt/Equity | 0.29 |
| EPS (Rs) | 11.91 |
| RoNW | 53.46% |
Check Sameera Agro IPO Peer Comparison here.
Objects of the Issue (Sameera Agro IPO Objectives)
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Construction of Ongoing Project;
- Construction of new Multiplex;
- To meet the existing Working Capital requirement for the agro-business; and
- General Corporate Expenses.
Sameera Agro IPO Review (Avoid)
[Dilip Davda] The company is operating in highly competitive and fragmented segments of infra and agro business. It posted boost in its top and bottom lines from FY23 onwards with major thrust on agro commodities. Based on FY24 annualized super earnings, the issue appears fully priced. There is no harm in skipping this “High Risk/Low Return” bet. Read detail review…
Sameera Agro And Infra Limited Contact Details
Sameera Agro And Infra Limited
S 1, Plot No. 54 & 55,
A. G. Arcade, Balaji Cooperative Housing Society,
CK, Secunderabad – 500009
Phone: +91 40 40123364
Email: info@sameeraagroandinfra.com
Website: https://www.sameeraagroandinfra.com/index.html
Sameera Agro IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: sameerainfra.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/