Samor Reality IPO is all set to make its debut on 30th Sept 21 with 8.06 Cr is engaged in the manufacturing of engineered goods and supply chain management services.
Samor Reality IPO – overview
| IPO Dates | 30 sept –5 Oct 2021 |
| IPO Price | INR 62 per share |
| Fresh issue | 1,300,000 shares (INR 8.06 crore) |
| Offer For Sale | Nil |
| Total IPO size | 1,300,000 shares (INR 8.06 crore) |
| Minimum bid (lot size) | 2000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Company Overview
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”.
Industry Overview
The real estate sector is one of the most globally recognized sectors. It comprises of four sub sectors – housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth in the corporate environment and the demand for office space as well as urban and semi-urban accommodation. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. It is also expected that this sector will incur more non-resident Indian (NRI) investment, both in the short term and the long term. Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Ahmedabad, Pune, Chennai, Goa, Delhi and Dehradun.
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.
Objectives of the issue
- Investment into their subsidiary M/s Samor & Motherland LLP (“SML”).
- General corporate purpose.
- To Meet the Issue Expenses.
Company Financials
| Particulars | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 |
| Total Assets | 35.58 | 3.63 | 16.76 |
| Total Revenue | 96.44 | 10.73 | 83.30 |
| Profit After Tax | 1.04 | (0.87) | 1.11 |
Company Contact Information
Samor Reality Limited
FO F.401, Shop Atlantis,
Near Reliance Pump, Prahladnagar Road,
Anandnagar, Satellite, Ahmedabad, Gujarat – 3800
Phone: 079-4038-0259
Email: compliance@samor.in
Website: https://samor.in/
Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: samor.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Lead Manager(s)
- Beeline Broking Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
