Samor Reality Rights Issue

Samor Reality Rights Issue 

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 Date11 November 2022
Credit of Rights Entitlements11 December 2022
Bid/Offer Opens On12 December 2022
Renunciation of Rights Entitlements23 December 2022
Bid/Offer Closes On30 December 2022
Deemed Date of Allotment09 January 2023
Credit Date11 January 2023
Listing Date16 January 2023

Samor Reality Rights Issue Details

Issue OpenDec 12, 2022 – Dec 30, 2022
Security NameSamor 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 AtBSE
Terms of PaymentThe Issue Price of Rs. 25/- per Rights Equity Share shall be payable at the time of application.
Entitlement3 Equity Shares for every 2 Equity Shares held on the Record Date

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After Tax
(Amount in ₹ Crore)

Samor Reality Rights Issue 2022 Registrar

KFin Technologies Limited
Phone: 04067162222, 04079611000

Company Contact Information

Samor Reality Ltd
401, Venus Atlantis, Near Shell Petrol Pump
Anandnagar Road,
Prahladnagar, Ahmedabad
Phone: 079-40380259

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

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