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Samor Reality Limited IPO Basis of Allotment

Samor Reality Limited IPO Details

IPO Open Sep 30, 2021
IPO Close Oct 5, 2021
IPO Price ₹62
Face Value ₹10
IPO Size ₹8.06 Cr
Listing At BSE SME
Lot Size 2000
Open an Instant Account with Zerodha
wpe17D.jpg (11021 bytes) SAMOR REALITY LIMITED
CIN: U45400GJ2020PLC118556

Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 ("Partnership Act") having Firm Registration Number GUJAH201891 in the name and style of "Samor Reality" pursuant to Deed of Partnership dated December 02, 2014. Samor Reality was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of "Samor Reality Limited" and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Center dated December 01, 2020. The Company's Corporate Identity Number is U45400GJ2020PLC118556. For farther details, pertaining to change of name and registered office of our Company, please refer the chapter titled "History and Certain Corporate Matters" beginning on Page No. 108 of the Prospectus.

Registered Office: FO F.401, Shop Atlantis, Near Reliance Pump. Prahladnagar Road, Anandnagar, Satellite, Ahmedabad. Gujarat - 380015, India.
Tel No.: 079-4038-0259 Email: compliance@samor.in Website: www.samor.in
CONTACT PERSON: MS. POOJA AIDASANI, Company Secretary And Compliance Officer.
PROMOTERS OF OUR COMPANY: MR. BIRJUKUMAR AJITBHAI SHAH & MRS. JAGRUTIBEN BIRJUBHAI SHAH
BASIS OF ALLOTMENT

INITIAL PUBLIC ISSUE OF 13,00,000 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHARES") OF SAMOR REALITY LIMITED ("SRL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 62.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS. 806.00 LAKHS ("THE ISSUE"), OF WHICH UPTO 68.000 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PRICE OF Rs. 62.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE AGGREGATING TO Rs. 42.16 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UPTO 12,32,000 EQUITY SHARES OF RS. 62.00 EACH INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE AGGREGATING TO Rs. 763.84 LAKH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.23% AND 28.65%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.

THIS ISSUE IS 8EING MADE IN TERMS OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARO OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBI ICDR REGULATIONS"), AS AMENDED. IN TERMS OF RULE 19(2)(B)(I) OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957, AS AMENDED (THE 'SCRR'I. THIS ISSUE IS BEING MADE FOR AT LEAST 25% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 253 OF THE SEBI (ICOR) REGULATIONS, 2018, AS AMENDED.

THE FACE VALUE OF THE EQUITY SHARES IS RS 10 00 EACH AND THE ISSUE PRICE IS RS 62.00
THE ISSUE PRICE IS 6.2 TIMES OF THE FACE VALUE
ISSUE OPENED ON: THURSDAY, SEPTEMBER 30, 2021 AND ISSUE CLOSED ON: TUESDAY. OCTOBER 05, 2021
PROPOSED LISTING: OCTOBER 13, 2021

The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE" i.e. "BSE SME") in terms of the Chapter IX of the SEBl ICDR Regulation, 2018 as amended from time to time. Our Company has received an in-principle approval letter dated September 22, 2021 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE ("BSE SME"). For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced on or about October 13, 2021*

*Subject to receipt of listing and trading approvals from the BSE Limited.

All Applicants were allowed to participate in the issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs")

SUBSCRIPTION DETAILS

The issue has received 298 applications for 19,74,000 Equity Shares resulting in 1.52 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection but after application not banked):

CATEGORY NUMBER OF APPLICATIONS % NUMBER OF EQUITY SHARES % SUBSCRIPTION (TIMES)
Market Makers 01 0.34 68,000 3.44 1.00
Retail Individual Investors 262 87.92 5,24,000 26.55 0.85
Other than Retail Individual Investors 35 1174 13,82,000 70 01 2.24
TOTAL 298 100.00 19,74,000 100.00 1.52

The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:

Category No. of Applications No. of Equity Shares
Market Makers Nil Nil
Retail Individual Investors 8 16,000
Other than Retail Individual Investors Nil Nil
Total 8 16.000

After eliminating technically rejected applications, the following tables give us category wise net valid applications

Category No. of Applications % Reserved Portion (as per Prospectus) No. of Valid Shares applied % of Total Applied Subscription (Times)
Market Maker 1 100 68,000 68.000 100 1.00
Total 1 100 68,000 68,000 100 1.00
Category No. of Applications % Reserved Portion (as per Prospectus) Proportionate Issue Size (Alter rounding off) No. of Valid Shares applied % of Total Applied Subscription (Times)
Retail Individual Investors 254 87 89 6,16,000 5,08,000 5,08,000 26.88 0 82
Other than Retail Individual Investors 35 12.11 6,16,000 7,24,000 13,82,000 73.12 1.91
Total 289 100.00 12,32,000 12,32,000 18,90,000 100.00

ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stack Exchange - BSE Limited on October 08, 2021.

A. Allocation lo Market Maker (Alter Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of 162 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 68,000 Equity shares.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this Category %of total Proportion ate Shares Available Allocation per Applicant (Before Rounding Oil) Allocation per Applicant (After Rounding Off) Ratio of Allottees to Applicant: Ratio 1 Ratio of Allottees to Applicant: Ratio 2 Number of Successful applicants (after rounding oil) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus/ Deficit
68,000 1 100.00 68,000 100.00 68,000 68,000 68,000 1 1 1 68,000 -
TOTAL 1 100.00 68,000 100.00 68,000 68,000 68,000 1 1 1 68,000 -

B. Allocation to Retail Individual Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 62 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.82 times i.e. for 5,08,000 Equity Shares. Total number of shares allotted in this category is 5,08,000 Equity Shares to 2 54 successful applicants.

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. of Applications received % to total Total No. of Equity Shares applied in this Category % of total Proportion ate Shares Available Allocation per Applicant (Before Rounding Oft) Allocation per Applicant (After Rounding Off) Ratio of Allottees to Applicant: Ratio 1 Ratio of Allottees to Applicant: Ratio 2 Number of Successful applicants (after rounding off) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus/D elicit
2000 254 100.00 5,08,000 100.00 6,16,000 2425.20 2000 1 1 254 5,08,000 -1,08,000
TOTAL 254 100.00 5,08,000 100.00 6,16,000 254 5,08,000 -1,08,000

C. Allocation lo Other than Retail Individual Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail individual Investors, at the issue price of RS 62 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.91 times i.e. for 13,82,000 shares the total number of shares allotted in this category is 7,24,000 Equity Shares to 35 successful applicants

The category wise details of the Basis of Allotment are as under:

No. of Shares Applied for (Category wise) No. Of Applications received % to total Total No, of Equity Shares applied in this Category % Of total Proportionate Shares Available Allocation per Applicant (Before Rounding Off) Allocation per Applicant (Alter Rounding Off) Ratio of Allottees to Applicant :Ratio 1 Ratio of Allotees to Applicant: Ratio 2 Serial Number of Qualifying applicants Number of Successful applicants (alter rounding OH) Total No. of Equity Shares allocated/ allotted No. of Shares Surplus/ Deficit
4000 2 5.71 8000 0.58 4191 2095.51 2000 1 1 2 4000 -191
8000 6 17.14 48000 3.47 25146 4191.03 4000 1 1 6 24000 -1146
2000 1 6 4 1 2000 2000
10000 2 5.71 20000 1.45 10478 5238.78 4000 1 1 2 8000 -2478
2000 1 2 1 1 2000 2000
14000 1 286 14000 1 01 7334 7334 30 8000 1 1 1 8000 666
16000 4 11.43 64000 4.63 33528 8382.05 8000 1 1 4 32000 -1528
2000 1 4 2 1 2000 2000
20000 1 2 86 20000 1.45 10478 10477.57 10000 1 1 1 10000 -478
22000 1 2.86 22000 1.59 11525 11525.33 12000 1 1 1 12000 475
24000 2 5.71 48000 3.47 25146 12573.08 12000 1 1 2 24000 -1146
2000 1 2 2 1 2000 2000
30000 1 2.86 30000 2.17 15716 15716.35 16000 1 1 1 16000 284
32000 1 2.85 32000 2.32 16754 16764.11 16000 1 1 1 16000 -764
40000 2 5.71 80000 5.79 41910 20955.14 20000 1 1 2 40000 -1910
2000 1 2 1 1 2000 2000
42000 1 2.86 42000 3.04 22003 22002.89 22000 1 1 1 22000 -3
48000 3 8.57 144000 10.42 75438 25146.16 24000 1 1 3 72000 -3438
2000 2 3 1.3 2 4000 4000
80000 5 14.29 400000 28.94 209551 41910.27 42000 1 1 5 210000 449
120000 1 2.86 120000 8.68 62865 62865.41 62000 1 1 1 62000 -865
128000 1 2.86 128000 9.26 67056 67056.44 66000 T 1 1 66000 -1056
162000 1 2.86 162000 11.72 84868 84868.31 84000 1 1 1 84000 -868
TOTAL 35 100.00 1382000 100.00 724000 35 724000 0

The Board of Directors of the Company at its meeting held on October 08, 2021 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and In meeting held on October 09, 2021 has authorized the corporate action for issue of the Equity Shares to various successful applicants.

The CAN-cum-allotment advices and/or notices will forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before October 12, 2021. Further, the instructions to Set! Certified Syndicate Banks for unblocking the amount will process on or prior to October 12, 2021. In case the same is not received within 1 o days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to then beneficiary accounts subject to validation of the account details with the depositors concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited (BSE SME) within six working days from the date of the closure of the Issue

Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 23, 2021 ("Prospectus")

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the issue, KFIN TECHNOLOGIES PRIVATE LIMITED at www.kfintech.com. Al future correspondence m this regard may kindly be addressed to the Registrar to the issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

wpe17E.jpg (1549 bytes) For SAMOR REALITY LIMITED
KFIN TECHNOLOGIES PRIVATE LIMITED On behalf of Board of Directors
Selenium Tower-B Plot No. 31-32, Gachibowli Financial District. Nanakramguda, Senlmgampalty Hyderabad, Telangana - 500 032 Sd/-
Tel. No.: +91-40-6715-2222 Fax No.: +91-40-2343-1551 Email: samor.ipo@klintech.com Mr. Blrjukumar A|itbhal Shah
Website: www.klintech.com Investor Grievance Email: emward.ris@kfintech.com Chairman & Managing Director
Contact Person: M Murali Krishna DIN - 02323418
SEBI Registration No.: INR000000221
Place: Ahmedabad Date: October 11, 2021

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF SAMOR REALITY LIMITED.

Samor Reality Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar at Companies, Ahmedabad. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Lead Manager at www.beelinebroking.com, website of the BSE Limited at www.bseindia.com and website of Issuer Company at www.samor.in Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled ' Risk Factors' beginning on page 20 of the Prospectus, which has been hied with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United Slates and may not be Issued or sold within the United States or to, of for the account or benefit of. 'U.S. persons' (as defined in the Regulations under the Securities Act), except pursuant to an exemption train, or in a transaction not subject to the registration requirements of the Securities Act of 1933.



Samor Reality Limited IPO Basis of Allotment FAQs

Check the basis of allotment document above to know about how the shares are allocated in Samor Reality Limited IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).

The Samor Reality Limited IPO basis of allotment (published above) tells you how shares are allocated to you in Samor Reality Limited IPO and category wise demand of IPO share.

Visit the Samor Reality Limited IPO allotment status page to check the number of shares allocated to your application.

Check the basis of allotment document above to know about how the shares are allocated in Samor Reality Limited IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).