| IPO date | 21 Dec 2023 – 27 Dec 2023 |
| Listing date | 01 Jan 2024 |
| Price range | 180 – 180 |
| Minimum order quantity | 800 | (D)RHP | View |
Sameera Agro and Infra Limited is launching its IPO. The IPO opens for subscription on 21st December and will close on 27th December 2023.
Disclaimer: This stock will trade with a lot size of 800 shares in the SME segment on listing.
What does Sameera Agro and Infra Limited do?
Incorporated in 2002, Sameera Agro And Infra Limited is a multi-faceted infrastructure development and construction company building residential, commercial spaces, apartments, townships, multistoried complexes, gated communities, landscapes, bridges, flyovers, subways, alleys, industrial parks, laying of water pipelines, gas pipelines, and other related works.
The Company has manufacturing and processing units on a lease basis near Hyderabad, which makes it accessible for three states i.e. Telangana, Karnataka, and Maharashtra. The Company is also in the process of acquiring processing mills on a lease basis at Guntur and Rajahmundry in Andhra Pradesh.
From 2021, the company has expanded to processing, drying, sale, purchase, marketing, and distribution of agricultural commodities of pulses, cereals, and grains such as urad dal, moong dal, toor dal, black grans, green gram, mung beans, red lentils, yellow dal, split yellow peas, etc and established for two years a strong customer network, suppliers’ network and warehouses for storage of goods.
Schedule of Sameera Agro And Infra Limited IPO
| Issue Period | 21st December to 27th December 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | December 28, 2023 |
| Initiation of Refunds | December 29, 2023 |
| Credit of Shares | December 29, 2023 |
| Date of Listing | January 1, 2024 |
| Mandate end date | January 10, 2024 |
| Anchor Investors Lock-In End Date (50% of the investment) | January 28, 2024 |
| Anchor Investors Lock-In End Date (Remaining investment) | March 28, 2024 |
Note: Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
How to apply to the Sameera Agro And Infra Limited IPO?
You can apply for the Sameera Agro And Infra Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for Sameera Agro And Infra Limited IPO?
You can check the allotment status for the Sameera Agro And Infra Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.