Sameera Agro IPO GMP Today: Sameera Agro And Infra SME IPO GMP

Sameera Agro IPO GMP: Sameera Agro And Infra Limited, a prominent infrastructure development and construction company, is set to launch its SME IPO on NSE Emerge. The IPO is slated to run from December 21, 2023, to December 27, 2023, with a total issue size of Rs 62.64 Crores, consisting entirely of fresh issues. In this blog, we will delve into the Grey Market Premium (GMP) of the Sameera Agro IPO and provide a comprehensive overview of the company, its strengths, objectives, and key dates.

Also See: All IPO GMP Price Dashboard

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Understanding Sameera Agro IPO GMP

Grey Market Premium (GMP) is a critical indicator for investors, reflecting the price at which an IPO is traded in the unofficial and unregulated grey market before its official listing. It serves as a barometer of market sentiment and provides insight into how the IPO might perform on the day of listing. A positive GMP suggests that the IPO is likely to debut at a premium, while a negative GMP indicates a potential discount.

Here’s a summary of Sameera Agro IPO GMP: [ Last Updated: 01 Jan, 2024; 09:05]

GMP DateIPO PriceGMPSub2 Sauda RateEstimated Listing Price
01-01-2024₹180.00₹0 ₹180 (0%)
31-12-2023₹180.00₹0 ₹180 (0%)
30-12-2023₹180.00₹0 ₹180 (0%)
29-12-2023₹180.00₹0 ₹180 (0%)
28-12-2023₹180.00₹0 ₹180 (0%)
27-12-2023₹180.00₹0 ₹180 (0%)
26-12-2023₹180.00₹0 ₹180 (0%)
25-12-2023₹180.00₹0 ₹180 (0%)
24-12-2023₹180.00₹0 ₹180 (0%)
23-12-2023₹180.00₹0 ₹180 (0%)
22-12-2023₹180.00₹0 ₹180 (0%)
21-12-2023₹180.00₹0 ₹180 (0%)
20-12-2023₹180.00₹0 ₹180 (0%)
19-12-2023₹180.00₹0 ₹180 (0%)
18-12-2023₹180.00₹0 ₹180 (0%)

It’s important to remember that IPO GMP can be extremely volatile. Therefore, making investment decisions based solely on GMP can be risky. It’s essential to consider all factors before deciding whether to invest in the Sameera Agro And Infra SME IPO or not.

Also See: Upcoming IPO in India

About Sameera Agro And Infra Limited

Established in 2002, Sameera Agro And Infra Limited is a versatile infrastructure development and construction company specializing in residential and commercial projects, townships, bridges, industrial parks, and more. The company has a strong track record of executing technically challenging projects across India and has extensive experience in various infrastructure sectors.

In addition to its core construction business, Sameera Agro has expanded into the processing, drying, sale, purchase, marketing, and distribution of agricultural commodities since 2021. This diversification includes a wide range of pulses, cereals, grains, and more. The company has established a robust network of customers, suppliers, and storage facilities.

Also See: When Can a Company Go for IPO in India

Sameera Agro And Infra SME IPO Strengths

  1. Established Brand: Sameera Agro boasts a strong reputation in the infrastructure and agricultural sectors.
  2. Experienced Promoters and Management Expertise: The company benefits from a leadership team with extensive industry experience.
  3. Diversified Product Offerings: Sameera Agro’s wide range of construction and agricultural products ensures revenue stability.
  4. Growing Demand for Agri Products: With the increasing focus on agriculture, the company is well-positioned to capitalize on the growing demand for agri products.

Also Read: Announced IPOs: Upcoming Big IPOs in India 2024

Sameera Agro And Infra SME IPO Objectives

The company intends to utilize the net proceeds from the IPO for the following purposes:

  1. Construction of Ongoing Projects
  2. Construction of New Multiplex
  3. Meeting the Existing Working Capital Requirement for Agro-business
  4. General Corporate Expenses

Sameera Agro And Infra SME IPO Dates

Here are the key dates related to the Sameera Agro And Infra SME IPO:

  • SME IPO Open Date: December 21, 2023
  • SME IPO Close Date: December 27, 2023
  • Basis of Allotment Finalization Date: December 28, 2023
  • Refunds Initiation Date: December 29, 2023
  • Credit of Shares to Demat Account: December 29, 2023
  • SME IPO Listing Date: January 1, 2024

Also Read: How to open trading account in Upstox online

Sameera Agro IPO

Conclusion

Investors considering Sameera Agro And Infra SME IPO should carefully evaluate all available information, including the GMP, company profile, strengths, objectives, and market conditions before making an investment decision. The IPO market can be unpredictable, so conducting thorough research is essential to make informed choices.

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Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.

8 Comments

  1. Do not subscribe Sameera agro & infra ltd. This issue is already open and will close on 27th December. Income tax & GST not paid. How can stock exchange allow this company to come in the stock market & clear this issue is a big question mark. Don’t subscribe the issue its risky.

  2. Do not subscribe Sameera agro & infra ltd. Income tax & GST not paid. Don’t subscribe the issue high risk.

  3. Do not subscribe Sameera agro & infra ltd. This issue is already open and will close on 27th December Income tax & GST not paid. Don’t subscribe the issue high risk.

Comments are closed.

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