Sameera Agro IPO will open for subscription from 21 December 2023. The company aims for an issue size of ₹62.64 Cr through this IPO.
Company Overview
| Full name | Sameera Agro Limited |
| Sector | Agriculture |
| Industry | Agriculture |
| Company Website | https://www.sameeraagroandinfra.com/ |
About Company
Sameera Agro and Infra is engaged in diverse infrastructure development and the construction of Residential and Commercial spaces, Apartments, Townships, Multi-storied complexes, Gated communities, Landscapes, Bridges, Flyovers, Subways, Alleys, Industrial parks, as well as the installation of Water pipelines, Gas pipelines, and other associated projects. Sameera Agro and Infra currently operate manufacturing and processing units under lease agreements near Hyderabad, providing accessibility to all three states: Telangana, Karnataka, and Maharashtra. Additionally, the company is actively pursuing the acquisition of processing mills on a lease basis in Guntur and Rajahmundry, located in Andhra Pradesh.
During the latest financial year, the company received 37.17% of its revenues from the Infrastructure industry and 62.83% from the Agriculture industry. As of 30 September 2023, Sameera Agro employs 18 full-time personnel.
The Objectives of the Issue
- 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 Timetable
| IPO Opening date | 21 December 2023 |
| IPO Closing | 27 December 2023 |
| Basis of Allotment | 28 December 2023 |
| Initiation Refund | 29 December 2023 |
| Credit to Demat Account | 29 December 2023 |
| Listing Date | 01 January 2024 |
Sameera Agro IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹62.64 Cr – 3,480,000 shares |
| Fresh Issue | ₹62.64 Cr – 3,480,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer Price | ₹180 per share |
| Lot size | 800 Shares |
| Market Maker portion | 184,000 shares |
| Shareholding pre-issue | 8,429,800 |
| Shareholding post-issue | 11,909,800 |
| Listing Exchange | NSE SME |
Sameera Agro IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹144,000 |
| Retail (Max) | 1 | 800 | ₹144,000 |
| HNI (Min) | 2 | 1,600 | ₹288,000 |
Sameera Agro IPO Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | – |
| Market Maker Shares Offered | 184,000 (5.29%) |
| Other Shares Offered | 1,648,000 (47.36%) |
| Retail Shares Offered | 1,648,000 (47.36%) |
| Total Shares Offered | 3,480,000 (100%) |
Sameera Agro Financial Performance
| FY 2021 | FY 2022 | FY 2023 | H1 FY 2024 | |
| Revenue | 80.09 | 105.34 | 138.82 | 94.37 |
| Expenses | 78.41 | 101.61 | 125.17 | 84.95 |
| Net income | 1.22 | 2.74 | 10.04 | 6.92 |
Sameera Agro Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 2.90 | 6.50 | 11.91 |
| PE ratio | – | – | 15.11 |
| RONW (%) | 20.00 | 31.00 | 53.46 |
| NAV | 14.23 | 20.73 | 22.27 |
| ROCE (%) | 28.12 | 33.22 | 64.17 |
| EBITDA (%) | 2.16 | 3.58 | 9.87 |
| Debt/Equity | 0.00 | 0.59 | 0.29 |
Company Promoters
- Mr. Satya Murthy Sivalenka
- Mrs. Kameswari Satya Murthy Sivalenka
Promoter Holding
| Pre Issue Share Holding | 97.49% |
| Post Issue Share Holding | 69% |
Sameera Agro IPO Lead Manager(s)
FIRST OVERSEAS CAPITAL LIMITED
1-2 Bhupen Chambers, Dalal Street, Fountain,
Mumbai – 400 001, Maharashtra, India
Phone: +91 22 4050 9999
Email: mb@focl.in
Website: www.focl.in
Sameera Agro Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: sameerainfra.ipo@kfintech.com
Website: www.kfintech.com
Sameera Agro Contact Details
SAMEERA AGRO AND INFRA LIMITED
Unit No. 610, 6th Floor, Eden Amsri Square,
Beside Apollo Hospital, St. John’s Road, S
angeet Cross Road, Secunderabad – 500002, Telangana
Phone: +91 40 40123364
E-mail: info@sameeraagroandinfra.com
Website: www.sameeraagroandinfra.com
Sameera Agro IPO Allotment Status
Sameera Agro IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Final thoughts
Sameera Agro IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. study well about the company and subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.
Happy Investing
