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Samruddhi Realty Ltd IPO (Samruddhi Realty IPO) Detail

Mar 28, 2013 - Apr 3, 2013

Incorporated in 2003, Samruddhi Realty Ltd is the flagship company of Samruddhi Group and engaged in the business of real estate development. Company is headquartered in Bangalore and core area of operations is residential projects.

They have executed projects at different locations in the Bangalore region. They have an in-house architectural and designing team which co-ordinates the entire process from initiation of a project to its final delivery, that ensure quality of and timely execution of each project. Most of the developments carried out by them are on a joint development model with the land owners being given built up area. They currently follow a sale model for their residential projects.

Samruddhi Realty has only presence in Bangalore. Projects completed by the Company are Eastlynne Luxury Apartments, Whitefield, Regal Luxury Apartments, High Street, Royale Luxury Apartments, High Street, Grace Luxury Apartments, Viviani Road, Ananda Luxury Apartments, JP nagar, Bangalore.

Company Promoters:

The promoters of the company are:

1. Mr. V. R. Manjunath
2. Mr. Hemang D. Rawal
3. Mr. Ravindra M. Madhudi

Objects of the Issue:

The Objects of the Issue are as follows:

1. To reduce overall indebtedness of the Company by partial repayment of the outstanding long term loan from Karnataka Bank;
2. To Meet the Issue Expenses; and
3. To receive the benefits from listing of Equity Shares on the SME Platform of BSE.

Samruddhi Realty IPO Details

IPO Opening Date Mar 28, 2013
IPO Closing Date Apr 3, 2013
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹12 per equity share
Market Lot 10000 Shares
Min Order Quantity 10000 Shares
Listing At BSE SME
Issue Size2,170,000 Eq Shares of ₹10
(aggregating up to ₹2.60 Cr)

Samruddhi Realty IPO Lot Size

The Samruddhi Realty IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 1 lots (10000 shares or ₹120,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 10000 ₹120,000
Maximum 1 10000 ₹120,000

Samruddhi Realty IPO Prospectus

Samruddhi Realty IPO Rating

28
2.8
Rating:Rated 2.8 stars
Vote Here ...

Samruddhi Realty IPO Listing Date

Listing Date Friday, April 12, 2013
BSE Script Code 535466
NSE Symbol
Listing In MT Group of Securities
ISIN INE621O01016
IPO Price ₹12 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹12.00
₹13.00
₹12.75
₹13.65
₹13.65

Company Contact Information

Samruddhi Realty Ltd
202, Raheja Chambers,
12, Museum Road,
Bangalore, Karnataka 560001
Phone: +91 80 - 65690190
Email: cssamruddhi@samruddhigroup.com
Website: http://www.samruddhirealty.com

Samruddhi Realty IPO Registrar

Sharex Dynamic (India) Pvt Ltd

Phone: +91- 22 - 2851 5606
Email: info@sharexindia.com
Website: http://www.sharexindia.com

Samruddhi Realty IPO Reviews / Ratings

Samruddhi Realty IPO Lead Manager(s)

Samruddhi Realty IPO FAQs

Samruddhi Realty IPO is a SME IPO of 2,170,000 equity shares of the face value of ₹10 aggregating up to ₹2.60 Crores. The issue is priced at ₹12 per equity share. The minimum order quantity is 10000 Shares.

The IPO opens on Mar 28, 2013, and closes on Apr 3, 2013.

Sharex Dynamic (India) Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Samruddhi Realty IPO opens on Mar 28, 2013 and closes on Apr 3, 2013.

Samruddhi Realty IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

You can apply in Samruddhi Realty IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Samruddhi Realty IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Samruddhi Realty IPO allotment status.

The Samruddhi Realty IPO listing date is on Friday, April 12, 2013.

Samruddhi Realty IPO Message Board

Ranked Members  Ranked Members

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2. DG |Mar 30, 2013 13:29
Any body can advise on forum for reply on builder''s status and residential project status in Panvel. I have invested and has query to ask.

Thanks

1. Dilip Davda |Mar 26, 2013 22:21
ASKING PRICE IS AT 7p/e BUT STILL NOT WORTH AS THE MONEY WILL BE USED TO REDUCE JUST PART OF DEBT AND ENTRY BARRIER IS THE MAIN CAOF AVOIDING.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews