Sameera Agro And Infra Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Sameera Agro

CMP

81.90

+0.80 (0.99%)

  • DRHP
₹180

Offer Price

₹ 62.64 Cr

Issue Size

₹ 1,44,000

Min Investment

800

Lot size

Time Line

  • 21
    Dec 2023
    Open
  • 27
    Dec 2023
    Close
  • 28
    Dec 2023
    Finalisation of Basis of Allotment
  • 29
    Dec 2023
    Initiation of Refunds
  • 29
    Dec 2023
    Transfer of Shares to Demat Account
  • 01
    Jan 2024
    Listing Date

Objects of the Offer

  • Expand the Business in new location.

  • Continue our Focus on a Diversified Business Model.

  • Expansion of marketing and distribution network.

  • Focus on Performance and Project Execution.

  • Continue our Focus on a Diversified Business Model.

Strengths

  • Established Brand.

  • Experienced Promoters and Management Expertise.

  • Ability to shape locations and redefine the surrounding real estate geography.

  • Differentiated and diversified product offerings.

  • Cordial relations with our customers and contractors.

Risks

  • There are certain outstanding legal proceeding involving its Promoter and Promoter Entities which may adversely affect the company business, financial condition and results of operations.

  • The company derives a significant portion of its revenue from its Agro business. Therefore, factors that adversely affect the demand for such Agro business or the company position and reputation may adversely affect its business and results of operations.

  • Majority of its state wise revenues from Agro operations for the last 3 financial years i.e.; March 2023, 2022 and 2021 is dependent majorly on Telangana and Andhra Pradesh. Any loss of business from may adversely affect its revenues and profitability.

  • Since company is engaged in business of agricultural pulses, especially Toor Daal, Urad Daal, Moong Daal, Corn / Maize and Paddy, our company is dependent on continued supply of agro produce and fluctuations in agro pricing including the taxes and levies, could have adverse impact on the Company`s business, financial condition and profitability.

  • The production and supply of certain agricultural produce and commodities are subject to seasonal factors. The company inability to accurately forecast demand for the agro commodities that its trade, may have an adverse effect on the company business, results of operations, cash flows and financial condition.

Company Promoters

Promoters Holding

Issue For IPO
28.49%
Pre Holding

97.49%

Post Holding

69.00%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2023 3-Yr trend
Revenue 105.34 (31.50%) 138.82 (31.80%) 53.46 (-)
Gross Profit 105.34 (31.50%) 138.82 (31.80%) 53.46 (-)
Net Income 105.34 (31.50%) 138.82 (31.80%) 53.46 (-)
Assets 105.34 (31.50%) 138.82 (31.80%) 53.46 (-)
Liabilities 105.34 (31.50%) 138.82 (31.80%) 53.46 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Sameera Agro and Infra Ltd 138.82 10.04 22.03 3.26 53.46 0.00 22.27 1.59 0.11
JK Agri Genetics Ltd 200.92 -10.80 330.99 330.99 -8.26 -23.29 281.74 -3.26 0.31

Book Running Managers

  • First Overseas Capital Ltd

Registrar & Transfer Agent

KFin Techologies Ltd

Karvy Selenium Tow-B,
31&32 Financial Dist,
Nanakramguda - Hyderabad-500032
Phone : 91-40-67162222 Fax: 91-40-23001153/23420814

Company Contact Information

S 1 Plot # 54 & 55 A G Arcade,
Balaji Corp.Hsg.Society CK,
Secunderabad - 500002
Phone : +91 40 4012 3364 Email : info@sameeraagroandinfra.com www.sameeraagroandinfra.com

Offer Related Information

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... More

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