Sameera Agro and Infra Ltd - IPO

Sameera Agro and Infra Ltd IPO Details

Initial public issue of 34,80,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Sameera Agro and Infra Limited (The Company or The Issuer Company) for cash at a price Rs. 180/- per equity share (including a share premium of Rs. 170/- per equity share) (Issue Price) aggregating to Rs. 62.64 crores (The Issue), out of which 1,84,000 equity shares of face value of Rs. 10/- each for a cash price of Rs. 180/- per equity share, aggregating to Rs. 3.31 crores will be reserved for subscription by market maker (Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. issue of 32,96,000 equity shares of face value of Rs. 10/- each at an issue price of Rs. 180/- per equity share aggregating to Rs. 59.33 crores (is hereinafter referred to as the Net Issue). The issue and the net issue will constitute 29.22 % and 27.67 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the issue price of Rs. 180 is 18.0 times of the face value.

Objective of issue

Construction of ongoing projects. Construction of new Multiplex. To meet the existing working capital requirement of the agro business. General corporate expenses.

Sameera Agro and Infra Ltd Contact Details

Sameera Agro and Infra Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - info@sameeraagroandinfra.com

Website - www.sameeraagroandinfra.com