Sameera Agro IPO: The initial public offering of Sameera Agro And Infra Limited, which is going to be closed on Wednesday, December 27, has so far been subscribed two times. Till 10:47 am on the final day of bidding on Wednesday, the SME IPO received 2.01 times subscription, garnering bids for 66,15,200 shares as against 32,96,000 shares on offer.
The Rs 62.64-crore IPO was opened for public subscription on December 21, Thursday.
The category meant for non-institutional investors received 1.34 times subscription, while the quota for retail individual investors (RIIs) got subscribed 2.67 times.
The IPO allotment will take place on December 28, while its listing will take place on January 1 on the SME NSE.
Sameera Agro IPO GMP Today
According to market observers, unlisted shares of Sameera Agro And Infra Limited are currently trading at the same rate as its issue price of Rs 180. It means zero GMP, indicating a flat listing. The GMP is based on market sentiments and keeps changing.
‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
Sameera Agro IPO Details
The IPO is entirely a fresh issue of 34.8 lakh shares. Sameera Agro IPO price is Rs 180 per share. The minimum lot size for an application is 800 shares. The minimum amount of investment required by retail investors is Rs 1,44,000.
First Overseas Capital Limited is the book running lead manager of the Sameera Agro IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Sameera Agro IPO is Svcm Securities.
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