The IPO market is buzzing. Around 12 IPOs from each mainboard and SME are at present open on Dalal Street. Sameera Agro And Infra IPO is all set to float its IPO. The actual property and agro-industry participant will launch its IPO on December 21. The IPO includes a set worth problem with a worth band set at Rs 180 per share.
The problem dimension stands at 3,480,000 shares, aggregating up to Rs 62.64 crores. The lot dimension for this IPO is 800 shares, making it accessible to a variety of traders.Â
The IPO which is able to shut on December 27 for subscription, will list on the NSE SME platform.
The gray market premium (GMP) for Sameera Agro and Infra IPO is at present at Rs 35 per share, indicating a optimistic sentiment available in the market. This suggests potential itemizing good points for traders who safe shares in the course of the IPO.
ProfitMart Securities has given a “subscribe for long-term gains” ranking on IPO. Equity99, a SEBI-registered funding adviser, has additionally really helpful subscribing to the IPO.
Between the monetary years ending March 31, 2022, and March 31, 2023, it witnessed a considerable 31.79 per cent enhance in income. Its Profit After Tax (PAT) surged by 266.1 per cent throughout the identical interval.
Sameera Agro and Infra has already accomplished initiatives together with a number of fuel pipelines for GAIL, the development of walkways and extra. It has additionally constructed a sturdy community within the agro sector over the previous two years.
First Overseas Capital Limited is the book-running lead supervisor of the IPO, whereas Kfin Technologies Limited is the registrar for the difficulty.
