Sameera Agro And Infra Limited IPO (SAIF): A Lucrative Opportunity

Embarking on a New Financial Journey: Sameera Agro And Infra Limited IPO Details

IPO Period: 21st December to 27th December 2023

Listing Date: 1st January 2024

Price Range: ₹180 per share

Minimum Order Quantity: 800 shares

Unveiling the Investment Opportunity with Sameera Agro And Infra Limited’s IPO

Scheduled to open on 21st December 2023, the IPO of Sameera Agro And Infra Limited presents a unique opportunity for investors. This eagerly awaited IPO, closing on 27th December, marks a significant milestone for the company. Notably, on its listing day, 1st January 2024, the stock will be traded in the SME segment with a lot size of 800 shares.

Disclaimer: It’s essential for investors to note that the stock will be available in the SME segment.

Delving into Sameera Agro And Infra Limited’s Core Business

Founded in 2002, Sameera Agro And Infra Limited stands as a dynamic player in the infrastructure development and construction sectors. The company’s extensive portfolio includes residential and commercial spaces, townships, multistoried complexes, and more. They also specialize in constructing bridges, flyovers, subways, and laying pipelines.

Strategic Locations and Expansion

The company operates manufacturing and processing units on lease near Hyderabad, optimally positioned to serve Telangana, Karnataka, and Maharashtra. Additionally, Sameera Agro is expanding its reach by acquiring processing mills in Guntur and Rajahmundry, Andhra Pradesh.

Diversification into Agricultural Commodities

Since 2021, Sameera Agro has ventured into the processing and distribution of agricultural commodities like pulses and grains, establishing a robust network of customers, suppliers, and storage facilities.

IPO Schedule and Key Dates for Investors

  • Finalization of Allotment: 28th December 2023
  • Initiation of Refunds: 29th December 2023
  • Credit of Shares: 29th December 2023
  • Mandate End Date: 10th January 2024
  • Anchor Investors Lock-In End Dates: 28th January and 28th March 2024

Note: The above schedule is subject to change, and investors should keep track of the anchor lock-in periods post allotment.

How to Apply for the IPO?

Investors can easily apply for the IPO through any UPI-supported app. Remember to accept the UPI mandate to ensure your bid amount is blocked in your account.

Checking Allotment Status

To know your allotment status, visit the website of the Registrar and Transfer agent or check on the NSE website.

Conclusion: A Forward-Thinking Investment

The Sameera Agro And Infra Limited IPO embodies a blend of innovation and strategic growth, offering a promising avenue for investors. With its diversified portfolio and expansion into agricultural commodities, the company is well-positioned for future growth. As the IPO opens, savvy investors should consider the potential of Sameera Agro in their investment strategy.

SAIF IPO Schedule

IPO Opening Date21st December 2023
IPO Closing Date27th December 2023
Finalization of Allotment28th December 2023
Initiation of Refunds29th December 2023
Credit of Shares to Account29th December 2023
Listing Date1st January 2024
Mandate End Date10th January 2024
Anchor Investors Lock-In End Date (50% Investment)28th January 2024
Anchor Investors Lock-In End Date (Remaining Investment)28th March 2024

This table provides a clear and organized overview of the key dates associated with the Sameera Agro And Infra Limited IPO.

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