Samor Reality Ltd Rights Issue (Samor Reality Rights Issue 2022) Detail

₹16.13 Crores | Listing at BSE | Mon, Dec 12, 2022 - Fri, Dec 30, 2022

Samor Reality Ltd Logo

Samor Reality Ltd Rights Issue comprises 0.6450 Cr equity shares aggregating to ₹16.13 Cr, offered at an issue price of ₹25 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is Nov 11, 2022.

As per the terms of payment, ₹25 per share payable in full at the time of application.

The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 11, 2022.

The Rights Issue opens on Dec 12, 2022 and closes on Dec 30, 2022.

The deemed date of allotment is Jan 9, 2023, following which the equity shares are expected to be credited to demat accounts on Jan 11, 2023 and listed on the BSE on Jan 16, 2023.

Kfin Technologies Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Samor Reality Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Nov 11, 2022

Entitlement Ratio

:

Open Date

Mon, Dec 12, 2022

Close Date

Fri, Dec 30, 2022

Rights Issue Details

Rights Issue Timetable

Samor Reality Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2110.879.640.1
31-Mar-2211.7817.380.11
Amount in ₹ Crore

About Samor Reality Ltd

Incorporated in the year 2014, Samor Reality Limited operates as a real estate company. The Company create homes, retail spaces, commercial spaces, and business centres. Samor Reality believes in delivering value to all our customers & partners by creating world-class products. The company is located in Ahmedabad, Gujarat.

The company's project includes The Gold SkyVilla, The Gold By Samor, Samor Heights, Samor Residency and Samor Elegance. The company's projects are marketed under the brand name of "Samor" such as Samor Height.

The company outsource the architectural and designing team which coordinates the entire process of delivering a project from its conceptualization to completion.

Objects of the Issue:

The company proposes to utilize the Net Proceeds to:

1. To augment the existing and incremental working capital requirement of the company.

2. Repayment or prepayment of unsecured loans.

3. General Corporate Purposes.

Rights Issue Review

[Dilip Davda] This scrip has marked no trading activities since November 04, 2022, which is the most surprising part. Based on its financial performance, the scrip is priced aggressively. The counter marked some erratic movements till November 04, 2022. There is no harm in skipping this RI offer in view of no trades for more than a month now. Read detail review...

Company Contact Information

Samor Reality Ltd
401, Venus Atlantis, Near Shell Petrol Pump
Anandnagar Road,
Prahladnagar, Ahmedabad
Ahmedabad, Gujarat

Rights Issue Registrar

Kfin Technologies Ltd.

Rights Issue FAQs

The Samor Reality Rights Issue 2022 opens on Mon, Dec 12, 2022, and closes on Fri, Dec 30, 2022.

Samor Reality Rights Issue 2022 Schedule

Last Date for credit of Rights EntitlementsSun, Dec 11, 2022
Last Date for renunciation of Rights EntitlementsFri, Dec 23, 2022
Issue Opening DateMon, Dec 12, 2022
Issue Closing DateFri, Dec 30, 2022
Date of Allotment (on or about)Mon, Jan 9, 2023
Date of Credit (on or about)Wed, Jan 11, 2023
Date of Listing (on or about)Mon, Jan 16, 2023
Samor Reality Rights Issue 2022 price is set at ₹25 per share.
The eligible shareholders are being offered 3 Equity Shares for every 2 Equity Shares held on the Record Date (Fri, Nov 11, 2022).
The record date for the Samor Reality Rights Issue 2022 is Fri, Nov 11, 2022.
The issue size of Samor Reality Rights Issue 2022 is of 64,50,000 equity shares at ₹25 per share aggregating up to ₹16.13 Crores.
The Letter of Offer for Samor Reality Rights Issue 2022 can be downloaded here.

You can apply for Samor Reality Rights Issue 2022 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Samor Reality Rights Issue 2022 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Samor Reality Rights Issue 2022 is available on the list.
  4. Click the Apply button next to the Samor Reality Rights Issue 2022.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Samor Reality Rights Issue 2022 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Samor Reality Rights Issue 2022 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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