Sameera Agro and Infra
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Issue details
- IPO date
- 21 Dec 2023 – 27 Dec 2023
- Listing date
- 01 Jan 2024
- Face value
- ₹10 per share
- Issue price
- ₹180 per share
- Lot size
- 800 shares
- Issue type
- Fixed Price issue
- Total issue size
- ₹62.64 Cr
- Market cap at offer price
- ₹214 Cr
- Promoter holding
- 97.49% → 69.00% pre-issue → post-issue
- ISIN
- INE0PZA01015
- Registrar
- Kfin Technologies Ltd.
- Lead managers
- First Overseas Capital Ltd.
- Registered office
- S 1, Plot No.54 & 55, A.G.Arcade, Balaji Cooperative Housing Socity CK, Telangana
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Market maker | 1,84,000 | — | — |
Application size
Minimum 800 shares per lot, in multiples, at ₹180
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 800 | ₹1,44,000 |
| S-HNI (min) | 2 | 1,600 | ₹2,88,000 |
| S-HNI (max) | 6 | 4,800 | ₹8,64,000 |
| B-HNI (min) | 7 | 5,600 | ₹10,08,000 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Valuation and performance
Valuation at offer price
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 11.91 | — |
| P/E (×) | 15.11 | — |
| Market cap | — | ₹214 Cr |
Key performance indicators
- Return on net worth
- 53.46%
- ROCE
- 64.17%
- Debt / equity
- 0.29
- PAT margin
- 7.23%
- NAV per share
- ₹22.27
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.
About Sameera Agro and Infra
Sameera Agro and Infra Limited, incorporated in 2002 and converted to public company in 2023, operates in infrastructure development (residential, commercial, townships, bridges, industrial parks) and agricultural commodity processing. The company was founded by Mr. S. S. Murthy as a residential land developer serving small to medium income groups in Hyderabad and Secunderabad, evolving into a diversified real estate developer. Since 2021, it expanded into agricultural commodities processing, drying, and distribution including pulses (urad dal, moong dal, toor dal), cereals, and grains. The company generates revenue from construction contracts and agro commodity trading, with operations concentrated in Telangana and Andhra Pradesh.
Company Analysis
from RHPSameera Agro and Infra Limited is a multi-sector infrastructure development and construction company with operations in real estate and agricultural commodities trading.
Sameera Agro and Infra Limited, incorporated in 2002 and converted to public company in 2023, operates in infrastructure development (residential, commercial, townships, bridges, industrial parks) and agricultural commodity processing. The company was founded by Mr. S. S. Murthy as a residential land developer serving small to medium income groups in Hyderabad and Secunderabad, evolving into a diversified real estate developer. Since 2021, it expanded into agricultural commodities processing, drying, and distribution including pulses (urad dal, moong dal, toor dal), cereals, and grains. The company generates revenue from construction contracts and agro commodity trading, with operations concentrated in Telangana and Andhra Pradesh.
Objects of the Issue
- Construction of Ongoing Project Rs. 661.85 Lakhs p.22
- Construction of new Multiplex Rs. 4969.05 Lakhs p.22
- To meet the existing Working Capital requirement for our agro business Rs. 383.10 Lakhs p.22
- General Corporate Expenses Rs. 100.00 Lakhs p.22
- Construction of Ongoing Project ₹661.85 lakhs p.69
- Construction of new Multiplex ₹4969.05 lakhs p.69
- To meet the existing Working Capital requirement for our agro business ₹383.10 lakhs p.69
- General Corporate Expenses ₹100.00 lakhs p.69
- General Corporate Purposes
Issue Structure
- Total Issue
- 34,80,000 Equity Shares at Rs. 180 per share aggregating Rs. 6264.00 Lakhs
- Fresh Issue
- 34,80,000 Equity Shares at Rs. 180 per share aggregating Rs. 6264.00 Lakhs
- Offer for Sale
- Nil
- Price Band
- Rs. 180 per Equity Share (fixed price issue)
- Lot Size
- 800 shares, and in multiples of 800 thereafter; subject to a minimum allotment of 800 shares
- Face Value
- Rs. 10 per Equity Share
Business Model
The company earns revenue from two segments: (1) Infrastructure business - undertaking construction and development of residential, commercial, and infrastructure projects on contract basis and (2) Agro business - processing, drying, sale, purchase, marketing and distribution of agricultural commodities including pulses and grains.
Business Segments
SWOT Analysis
- • Diversified infrastructure and agro business portfolio(p.21)
- • Established presence in agro business with growing network(p.21)
- • Established brand with strong customer goodwill and referrals(p.111)
- • Experienced promoters with 25+ years in real estate and infrastructure(p.111)
- • Ability to shape locations and create desirable real estate destinations(p.111)
- • Differentiated product offering with affordable prices for small/medium income segments(p.111)
- • Diversified business model spanning residential, commercial, infrastructure, and agri commodities(p.109)
- • Strong marketing and distribution network for agri products(p.112)
- • Strategic location advantage near Hyderabad and Secunderabad(p.112)
- • Diversified business model across real estate, infrastructure, and agro-commodities(p.113)
- • Established distribution network for agro-commodities in Andhra Pradesh and Telangana(p.117)
- • Processing unit with 35,000 tons per annum capacity for pulses(p.118)
- • Experience of promoter and senior management in real estate and infrastructure for 24 years(p.135)
- • Established supply and customer network with local sourcing capabilities(p.118)
- • Heavy dependence on agro business revenue(p.25)
- • Geographic concentration in Telangana and Andhra Pradesh(p.26)
- • High concentration of revenues from top customers(p.28)
- • High supplier concentration(p.28)
- • Significant working capital requirements(p.28)
- • Historical delays in statutory payment obligations(p.31)
- • No long-term supplier agreements(p.26)
- • Lack of insurance coverage(p.34)
- • Dependence on leased premises(p.34)
- • Unregistered trademark(p.35)
- • High dependence on agro-commodity business with working capital-intensive operations(p.72)
- • Limited revenue generation from infrastructure business in recent years(p.109)
- • Reliance on few key suppliers and customers for agro business(p.108)
- • Dependence on lease arrangements for manufacturing and processing units(p.108)
- • Heavy reliance on promoter shareholding with minimal institutional ownership(p.148)
- • Low capacity utilization in agro-processing at 33.54% as of September 2023(p.113)
- • No long-term contracts with suppliers and dealers in agro-commodities business(p.118)
- • No firm commitment supply agreements with customers in agro-commodities(p.117)
- • Processing premises and plant leased from third party with 3-year tenure(p.118)
- • No registered intellectual property or trademarks(p.120)
- • Small employee base with heavy reliance on contract laborers(p.119)
- • Infrastructure development as government priority(p.21)
- • Growth in agricultural sector and food processing(p.21)
- • Expansion of multiplex business with raised capital(p.22)
- • Working capital expansion for agro business(p.22)
- • Expansion into new geographic locations for real estate development(p.112)
- • Growth in agro-commodity demand from hotels, restaurants and food chains(p.112)
- • Expansion of agri-products marketing and distribution network across India(p.112)
- • Strong infrastructure development initiatives and government support for housing(p.95)
- • Growing urbanization and rising demand for residential and commercial real estate(p.97)
- • Diversification potential through multiplex and entertainment projects(p.112)
- • Strategic focus on timely execution and project development in real estate(p.113)
- • Growing agro-commodities sector with established supplier and customer networks(p.113)
- • Leverage advanced technologies and project management tools for productivity gains(p.113)
- • Expand within existing geographic markets (Andhra Pradesh and Telangana)(p.113)
- • Seasonal dependency of agricultural production(p.26)
- • Commodity price and input cost fluctuations(p.26)
- • Intense competition in agro and infrastructure sectors(p.33)
- • Regulatory changes and compliance risks(p.32)
- • COVID-19 pandemic continuing uncertainty(p.39)
- • Transportation dependencies and risks(p.27)
- • Natural disasters and force majeure events(p.44)
- • Regulatory non-applicability risk of RERA(p.32)
- • Regulatory risks and dependence on government contracts for infrastructure projects(p.109)
- • Volatility in agricultural commodity prices and input costs(p.76)
- • Seasonal nature of agro-commodity business affecting revenue streams(p.112)
- • Competition in real estate development from established developers(p.111)
- • Rising inflation and global economic uncertainties affecting construction costs(p.86)
- • Dependence on monsoon and weather patterns for agriculture sector performance(p.87)
- • Hazards inherent to real estate and construction industry affecting operations(p.119)
- • Intense competition from regional, national and unorganized real estate developers(p.119)
- • Revenue concentration in two states creates geographic risk(p.113)
- • Dependence on government and public sector contracts for infrastructure business(p.117)
- • Seasonal nature of agro-commodities business creates cash flow variability(p.119)
- • Agricultural commodity price volatility and input cost risks(p.114)
Promoters
| Name | Role | Pre-Issue | Post-Issue |
|---|---|---|---|
| Mr. Satya Murthy Sivalenka | Promoter | 93.29% | 66.03% |
| Mrs. Kameswari Satya Murthy Sivalenka | Promoter | 4.20% | 2.97% |
| Mr. Satya Murthy Sivalenka | Promoter | 93.29% | 66.03% |
| Mrs. Kameswari Satya Murthy Sivalenka | Promoter | 4.20% | 2.97% |
| Mr. Satya Murthy Sivalenka | Promoter | 93.29% | — |
| Mrs. Kameswari Satya Murthy Sivalenka | Promoter | 4.20% | — |
| Not explicitly named in this section | Promoter | — | — |
Leadership
Auto-extracted from the company's RHP using AI, with each fact linked to its source passage (hover any row to see the quote & page). Provided for research only, not investment advice — verify against the official RHP before relying on it.