Incorporated in 2002, Sameera Agro And Infra Limited (formerly Sameera Homes Private Limited) is an infrastructure development and construction company. The company is engaged in planning, developing, and constructing residential and commercial spaces, apartments, townships, multistoried complexes, gated communities, bridges, flyovers, subways, alleys, industrial parks, and laying water and gas pipelines.
In 2021, the company expanded its business into the processing, drying, sale, purchase, marketing, and distribution of agricultural commodities, including pulses, cereals, grains, and lentils. Sameera Agro And Infra has a leased manufacturing and processing unit near Hyderabad and is in the process of acquiring processing mills in Andhra Pradesh.
### Financial Information:
As of September 30, 2023, Sameera Agro And Infra’s financials include total assets of ₹6,053.48 lakhs, revenue of ₹9,436.52 lakhs, profit after tax of ₹692.19 lakhs, net worth of ₹2,569.66 lakhs, reserves and surplus of ₹1,726.68 lakhs, and total borrowing of ₹323.12 lakhs.
Key Performance Indicators (KPIs) comprise a price-to-earnings ratio (P/E) of 15.11, return on equity (ROE) of 53.46%, return on capital employed (ROCE) of 64.17%, debt/equity ratio of 0.29, earnings per share (EPS) of ₹11.91, and return on net worth (RoNW) of 53.46%.
### IPO Details:
– The Sameera Agro And Infra IPO is a fixed-price issue of ₹62.64 crores, entirely through a fresh issue of 3,480,000 shares.
– The IPO subscription period is from December 21, 2023, to December 27, 2023.
– The issue price is ₹180 per share, and the minimum lot size is 800 shares, requiring a minimum investment of ₹144,000 for retail investors and ₹288,000 for High Net Worth Individuals (HNI).
– The tentative listing date on NSE SME is January 1, 2024.
### IPO Timeline:
– Basis of Allotment: December 28, 2023
– Initiation of Refunds and Credit of Shares to Demat: December 29, 2023
– Listing Date: January 1, 2024
### Promoter Holding:
The promoters of the company are Mr. Satya Murthy Sivalenka and Mrs. Kameswari Satya Murthy Sivalenka. The shareholding pre-issue is 97.49%, and post-issue is 69.00%.
### Objects of the Issue:
The Net Proceeds from the Fresh Issue will be utilized for:
1. Construction of Ongoing Project
2. Construction of a new Multiplex
3. Meeting the existing Working Capital requirement for the agro-business
4. General Corporate Expenses
### IPO Prospectus:
For a comprehensive understanding, investors are advised to refer to the Draft Red Herring Prospectus (DRHP) and Red Herring Prospectus (RHP) of Sameera Agro And Infra IPO. These documents provide in-depth insights into the company’s operations, financials, and the details of the IPO offering.
