Samor Reality Rights Issue will open for subscription from 12 December 2022. The company aims for an issue size of ₹16.13 Crores through this rights issue.
Samor Reality Limited
Samor Reality Limited operates as a real estate company. The Company creates homes, retail spaces, commercial spaces, and business centers. Samor Reality believes in delivering value to all our customers & partners by creating world-class products. The company is located in Ahmedabad, Gujarat. The company’s project includes The Gold SkyVilla, The Gold By Samor, Samor Heights, Samor Residency, and Samor Elegance.
Objectives of the Issue
- To augment the existing and incremental working capital requirement of the company.
- Repayment or prepayment of unsecured loans.
- General Corporate Purposes.
Samor Reality Rights Issue 2022 Issue Timetable
| Record Date | 11 November 2022 |
| Credit of Rights Entitlements | 11 December 2022 |
| Bid/Offer Opens On | 12 December 2022 |
| Renunciation of Rights Entitlements | 23 December 2022 |
| Bid/Offer Closes On | 30 December 2022 |
| Deemed Date of Allotment | 09 January 2023 |
| Credit Date | 11 January 2023 |
| Listing Date | 16 January 2023 |
Samor Reality Rights Issue Details
| Issue Open | Dec 12, 2022 – Dec 30, 2022 |
| Security Name | Samor Reality Ltd |
| Issue Size (Shares) | 6,450,000 |
| Issue Size (Amount) | ₹16.13 Crores |
| Issue Price | ₹25 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | The Issue Price of Rs. 25/- per Rights Equity Share shall be payable at the time of application. |
| Entitlement | 3 Equity Shares for every 2 Equity Shares held on the Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 10.87 | 9.64 | 0.1 |
| 31-Mar-22 | 11.78 | 17.38 | 0.11 |
Samor Reality Rights Issue 2022 Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: samor.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Contact Information
Samor Reality Ltd
401, Venus Atlantis, Near Shell Petrol Pump
Anandnagar Road,
Prahladnagar, Ahmedabad
Phone: 079-40380259
Email: skyvilla@samor.in
Website: https://samor.in/
Final Thoughts
Applying for the rights issue is purely a personal choice. make sure you make a detailed study about the company and rights issue before you make an investment decision.
Happy investing
