Samor Reality Rights Issue 2023 will open for subscription from 15 May 2023. the company aims for an issue size of ₹10.75 Crores through this rights Issue.
Samor Reality Limited
Incorporated in the year 2020, Samor Reality Limited is an integrated construction and real estate development company. The company is focused primarily on the construction and development of residential and commercial projects, in and around Ahmedabad, Gujarat. Samor Reality has established a successful track record in the real estate industry in Ahmedabad, Gujarat by developing versatile projects through their innovative architecture, strong project execution, and quality construction.
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’s project includes The Gold SkyVilla, The Gold By Samor, Samor Heights, Samor Residency, and Samor Elegance. The company’s projects are marketed under the brand name “Samor” such as Samor Height.
Objectives of the Issue
- To augment the existing and incremental working capital requirement of the company;
- General Corporate Purposes.
Samor Reality Rights Issue 2023 Timetable
| Last Date to buy shares | 28 April 2023 |
| Record Date | 02 May 2023 |
| Credit of Rights Entitlements | 12 May 2023 |
| Bid/Offer Opens On | 15 May 2023 |
| Renunciation of Rights Entitlements | 29 May 2023 |
| Bid/Offer Closes On | 02 June 2023 |
| Deemed Date of Allotment | 08 June 2023 |
| Credit Date | 12 June 2023 |
| Listing Date | 14 June 2023 |
Samor Reality Rights Issue Details
| Issue Open | May 15, 2023 – Jun 2, 2023 |
| Security Name | Samor Reality Limited |
| Issue Size (Shares) | 10,750,000 |
| Issue Size (Amount) | ₹10.75 Crores |
| Issue Price | ₹10 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Terms of Payment | Total amount payable on application at Rs. 10/- per Rights Equity Share. |
| Entitlement | 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date |
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-21 | 10.87 | 9.64 | 0.10 | 9.64 |
| 31-Mar-22 | 11.79 | 17.38 | 0.11 | 17.38 |
Rights Issue Documents
Lead Manager(s)
–
Rights Issue Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: samor.ipo@kfintech.com
Website: https://karisma.kfintech.com/
Company Contact Information
Samor Reality Limited
FO F.401, Shop Atlantis,
Near Reliance Pump, Prahladnagar Road, Anandnagar
Satellite, Ahmedabad – 380015
Phone: 079-4038-0259
Email: compliance@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
