| Basis of Allotment |
(This is only an advertisement for Information purposes and not a Prospectus announcement. This does not constitute an invitation or otter to acquire, purchase or subscribe for securities. Not for publication or distribution, directly or indirectly outside India)
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SAMOR REALITY LIMITED |
| CIN: U45400GJ2020PLC118556 |
Our Company was originally formed as a Partnership Firm under the Partnership Act, 1932 ("Partnership Act") having Firm Registration Number GUJAH201891 in the name and style of "Samor Reality" pursuant to Deed of Partnership dated December 02, 2014. Samor Reality was thereafter converted from Partnership Firm to a Public Limited Company under Part I chapter XXI of the Companies Act, 2013 with the name and style of "Samor Reality Limited" and received a Certificate of Incorporation from the Registrar of Companies, Central Registration Center dated December 01, 2020. The Company's Corporate Identity Number is U45400GJ2020PLC118556. For farther details, pertaining to change of name and registered office of our Company, please refer the chapter titled "History and Certain Corporate Matters" beginning on Page No. 108 of the Prospectus.
| Registered Office: FO F.401, Shop Atlantis, Near Reliance Pump. Prahladnagar Road, Anandnagar, Satellite, Ahmedabad. Gujarat - 380015, India. |
| Tel No.: 079-4038-0259 Email: compliance@samor.in Website: www.samor.in |
| CONTACT PERSON: MS. POOJA AIDASANI, Company Secretary And Compliance Officer. |
| PROMOTERS OF OUR COMPANY: MR. BIRJUKUMAR AJITBHAI SHAH & MRS. JAGRUTIBEN BIRJUBHAI SHAH |
| BASIS OF ALLOTMENT |
INITIAL PUBLIC ISSUE OF 13,00,000 EQUITY SHARES OF RS. 10/- EACH ("EQUITY SHARES") OF SAMOR REALITY LIMITED ("SRL" OR THE "COMPANY" OR THE "ISSUER") FOR CASH AT A PRICE OF RS. 62.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE (THE "ISSUE PRICE"), AGGREGATING TO RS. 806.00 LAKHS ("THE ISSUE"), OF WHICH UPTO 68.000 EQUITY SHARES OF RS. 10/- EACH FOR CASH AT A PRICE OF Rs. 62.00 PER EQUITY SHARE INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE AGGREGATING TO Rs. 42.16 LAKH WILL BE RESERVED FOR SUBSCRIPTION BY MARKET MAKER TO THE ISSUE (THE "MARKET MAKER RESERVATION PORTION"). THE ISSUE LESS MARKET MAKER RESERVATION PORTION I.E. ISSUE OF UPTO 12,32,000 EQUITY SHARES OF RS. 62.00 EACH INCLUDING A SHARE PREMIUM OF Rs. 52.00 PER EQUITY SHARE AGGREGATING TO Rs. 763.84 LAKH IS HEREINAFTER REFERRED TO AS THE "NET ISSUE". THE ISSUE AND THE NET ISSUE WILL CONSTITUTE 30.23% AND 28.65%, RESPECTIVELY OF THE POST ISSUE PAID UP EQUITY SHARE CAPITAL OF THE COMPANY.
THIS ISSUE IS 8EING MADE IN TERMS OF CHAPTER IX OF THE SECURITIES AND EXCHANGE BOARO OF INDIA (ISSUE OF CAPITAL AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2018 (THE "SEBI ICDR REGULATIONS"), AS AMENDED. IN TERMS OF RULE 19(2)(B)(I) OF THE SECURITIES CONTRACTS (REGULATION) RULES, 1957, AS AMENDED (THE 'SCRR'I. THIS ISSUE IS BEING MADE FOR AT LEAST 25% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY. THIS ISSUE IS A FIXED PRICE ISSUE AND ALLOCATION IN THE NET ISSUE TO THE PUBLIC WILL BE MADE IN TERMS OF REGULATION 253 OF THE SEBI (ICOR) REGULATIONS, 2018, AS AMENDED.
| THE FACE VALUE OF THE EQUITY SHARES IS RS 10 00 EACH AND THE ISSUE PRICE IS RS 62.00 |
| THE ISSUE PRICE IS 6.2 TIMES OF THE FACE VALUE |
| ISSUE OPENED ON: THURSDAY, SEPTEMBER 30, 2021 AND ISSUE CLOSED ON: TUESDAY. OCTOBER 05, 2021 |
| PROPOSED LISTING: OCTOBER 13, 2021 |
The Equity Shares offered through the Prospectus are proposed to be listed on the SME Platform of BSE Limited ("BSE" i.e. "BSE SME") in terms of the Chapter IX of the SEBl ICDR Regulation, 2018 as amended from time to time. Our Company has received an in-principle approval letter dated September 22, 2021 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE ("BSE SME"). For the purpose of this Issue, the Designated Stock Exchange will be the BSE Limited. The trading is proposed to be commenced on or about October 13, 2021*
*Subject to receipt of listing and trading approvals from the BSE Limited.
All Applicants were allowed to participate in the issue through APPLICATION SUPPORTED BY BLOCKED AMOUNT ("ASBA") process by providing the details of the respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs")
SUBSCRIPTION DETAILS
The issue has received 298 applications for 19,74,000 Equity Shares resulting in 1.52 times subscription (including reserved portion of market maker). The details of the applications received in the issue (before technical rejections) are as follows:
Detail of the Applications Received (Before Technical Rejection but after application not banked):
| CATEGORY | NUMBER OF APPLICATIONS | % | NUMBER OF EQUITY SHARES | % | SUBSCRIPTION (TIMES) |
| Market Makers | 01 | 0.34 | 68,000 | 3.44 | 1.00 |
| Retail Individual Investors | 262 | 87.92 | 5,24,000 | 26.55 | 0.85 |
| Other than Retail Individual Investors | 35 | 1174 | 13,82,000 | 70 01 | 2.24 |
| TOTAL | 298 | 100.00 | 19,74,000 | 100.00 | 1.52 |
The details of applications rejected by the Registrar on technical grounds (including withdrawal) are detailed below:
| Category | No. of Applications | No. of Equity Shares |
| Market Makers | Nil | Nil |
| Retail Individual Investors | 8 | 16,000 |
| Other than Retail Individual Investors | Nil | Nil |
| Total | 8 | 16.000 |
After eliminating technically rejected applications, the following tables give us category wise net valid applications
| Category | No. of Applications | % | Reserved Portion (as per Prospectus) | No. of Valid Shares applied | % of Total Applied | Subscription (Times) |
| Market Maker | 1 | 100 | 68,000 | 68.000 | 100 | 1.00 |
| Total | 1 | 100 | 68,000 | 68,000 | 100 | 1.00 |
| Category | No. of Applications | % | Reserved Portion (as per Prospectus) | Proportionate Issue Size (Alter rounding off) | No. of Valid Shares applied | % of Total Applied | Subscription (Times) |
| Retail Individual Investors | 254 | 87 89 | 6,16,000 | 5,08,000 | 5,08,000 | 26.88 | 0 82 |
| Other than Retail Individual Investors | 35 | 12.11 | 6,16,000 | 7,24,000 | 13,82,000 | 73.12 | 1.91 |
| Total | 289 | 100.00 | 12,32,000 | 12,32,000 | 18,90,000 | 100.00 |
ALLOCATION: The Basis of Allotment was finalized in consultation with the Designated Stack Exchange - BSE Limited on October 08, 2021.
A. Allocation lo Market Maker (Alter Technical Rejections & Withdrawal): The Basis of Allotment to the Market Maker, at the issue price of 162 per Equity Share, was finalised in consultation with BSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 68,000 Equity shares.
The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. of Applications received | % to total | Total No. of Equity Shares applied in this Category | %of total | Proportion ate Shares Available | Allocation per Applicant (Before Rounding Oil) | Allocation per Applicant (After Rounding Off) | Ratio of Allottees to Applicant: Ratio 1 | Ratio of Allottees to Applicant: Ratio 2 | Number of Successful applicants (after rounding oil) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus/ Deficit |
| 68,000 | 1 | 100.00 | 68,000 | 100.00 | 68,000 | 68,000 | 68,000 | 1 | 1 | 1 | 68,000 | - |
| TOTAL | 1 | 100.00 | 68,000 | 100.00 | 68,000 | 68,000 | 68,000 | 1 | 1 | 1 | 68,000 | - |
B. Allocation to Retail Individual Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs 62 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 0.82 times i.e. for 5,08,000 Equity Shares. Total number of shares allotted in this category is 5,08,000 Equity Shares to 2 54 successful applicants.
The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. of Applications received | % to total | Total No. of Equity Shares applied in this Category | % of total | Proportion ate Shares Available | Allocation per Applicant (Before Rounding Oft) | Allocation per Applicant (After Rounding Off) | Ratio of Allottees to Applicant: Ratio 1 | Ratio of Allottees to Applicant: Ratio 2 | Number of Successful applicants (after rounding off) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus/D elicit |
| 2000 | 254 | 100.00 | 5,08,000 | 100.00 | 6,16,000 | 2425.20 | 2000 | 1 | 1 | 254 | 5,08,000 | -1,08,000 |
| TOTAL | 254 | 100.00 | 5,08,000 | 100.00 | 6,16,000 | 254 | 5,08,000 | -1,08,000 |
C. Allocation lo Other than Retail Individual Investors (Alter Technical Rejections & Withdrawal): The Basis of Allotment to Other than Retail individual Investors, at the issue price of RS 62 per Equity Share, was finalized in consultation with BSE. The category was subscribed by 1.91 times i.e. for 13,82,000 shares the total number of shares allotted in this category is 7,24,000 Equity Shares to 35 successful applicants
The category wise details of the Basis of Allotment are as under:
| No. of Shares Applied for (Category wise) | No. Of Applications received | % to total | Total No, of Equity Shares applied in this Category | % Of total | Proportionate Shares Available | Allocation per Applicant (Before Rounding Off) | Allocation per Applicant (Alter Rounding Off) | Ratio of Allottees to Applicant :Ratio 1 | Ratio of Allotees to Applicant: Ratio 2 | Serial Number of Qualifying applicants | Number of Successful applicants (alter rounding OH) | Total No. of Equity Shares allocated/ allotted | No. of Shares Surplus/ Deficit |
| 4000 | 2 | 5.71 | 8000 | 0.58 | 4191 | 2095.51 | 2000 | 1 | 1 | 2 | 4000 | -191 | |
| 8000 | 6 | 17.14 | 48000 | 3.47 | 25146 | 4191.03 | 4000 | 1 | 1 | 6 | 24000 | -1146 | |
| 2000 | 1 | 6 | 4 | 1 | 2000 | 2000 | |||||||
| 10000 | 2 | 5.71 | 20000 | 1.45 | 10478 | 5238.78 | 4000 | 1 | 1 | 2 | 8000 | -2478 | |
| 2000 | 1 | 2 | 1 | 1 | 2000 | 2000 | |||||||
| 14000 | 1 | 286 | 14000 | 1 01 | 7334 | 7334 30 | 8000 | 1 | 1 | 1 | 8000 | 666 | |
| 16000 | 4 | 11.43 | 64000 | 4.63 | 33528 | 8382.05 | 8000 | 1 | 1 | 4 | 32000 | -1528 | |
| 2000 | 1 | 4 | 2 | 1 | 2000 | 2000 | |||||||
| 20000 | 1 | 2 86 | 20000 | 1.45 | 10478 | 10477.57 | 10000 | 1 | 1 | 1 | 10000 | -478 | |
| 22000 | 1 | 2.86 | 22000 | 1.59 | 11525 | 11525.33 | 12000 | 1 | 1 | 1 | 12000 | 475 | |
| 24000 | 2 | 5.71 | 48000 | 3.47 | 25146 | 12573.08 | 12000 | 1 | 1 | 2 | 24000 | -1146 | |
| 2000 | 1 | 2 | 2 | 1 | 2000 | 2000 | |||||||
| 30000 | 1 | 2.86 | 30000 | 2.17 | 15716 | 15716.35 | 16000 | 1 | 1 | 1 | 16000 | 284 | |
| 32000 | 1 | 2.85 | 32000 | 2.32 | 16754 | 16764.11 | 16000 | 1 | 1 | 1 | 16000 | -764 | |
| 40000 | 2 | 5.71 | 80000 | 5.79 | 41910 | 20955.14 | 20000 | 1 | 1 | 2 | 40000 | -1910 | |
| 2000 | 1 | 2 | 1 | 1 | 2000 | 2000 | |||||||
| 42000 | 1 | 2.86 | 42000 | 3.04 | 22003 | 22002.89 | 22000 | 1 | 1 | 1 | 22000 | -3 | |
| 48000 | 3 | 8.57 | 144000 | 10.42 | 75438 | 25146.16 | 24000 | 1 | 1 | 3 | 72000 | -3438 | |
| 2000 | 2 | 3 | 1.3 | 2 | 4000 | 4000 | |||||||
| 80000 | 5 | 14.29 | 400000 | 28.94 | 209551 | 41910.27 | 42000 | 1 | 1 | 5 | 210000 | 449 | |
| 120000 | 1 | 2.86 | 120000 | 8.68 | 62865 | 62865.41 | 62000 | 1 | 1 | 1 | 62000 | -865 | |
| 128000 | 1 | 2.86 | 128000 | 9.26 | 67056 | 67056.44 | 66000 | T | 1 | 1 | 66000 | -1056 | |
| 162000 | 1 | 2.86 | 162000 | 11.72 | 84868 | 84868.31 | 84000 | 1 | 1 | 1 | 84000 | -868 | |
| TOTAL | 35 | 100.00 | 1382000 | 100.00 | 724000 | 35 | 724000 | 0 |
The Board of Directors of the Company at its meeting held on October 08, 2021 has approved the Basis of Allocation of Equity Shares as approved by the Designated Stock Exchange viz. BSE and In meeting held on October 09, 2021 has authorized the corporate action for issue of the Equity Shares to various successful applicants.
The CAN-cum-allotment advices and/or notices will forwarded to the email id's and address of the Applicants as registered with the depositories / as filled in the application form on or before October 12, 2021. Further, the instructions to Set! Certified Syndicate Banks for unblocking the amount will process on or prior to October 12, 2021. In case the same is not received within 1 o days, investors may contact at the address given below. The Equity Shares allocated to successful applicants are being credited to then beneficiary accounts subject to validation of the account details with the depositors concerned. The Company is taking steps to get the Equity Shares admitted for trading on the SME Platform of BSE Limited (BSE SME) within six working days from the date of the closure of the Issue
Note: All capitalized terms used and not defined herein shall have the respective meanings assigned to them in the Prospectus dated September 23, 2021 ("Prospectus")
INVESTORS PLEASE NOTE
The details of the allotment made would also be hosted on the website of the Registrar to the issue, KFIN TECHNOLOGIES PRIVATE LIMITED at www.kfintech.com. Al future correspondence m this regard may kindly be addressed to the Registrar to the issue quoting full name of the First/ Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:
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For SAMOR REALITY LIMITED |
| KFIN TECHNOLOGIES PRIVATE LIMITED | On behalf of Board of Directors |
| Selenium Tower-B Plot No. 31-32, Gachibowli Financial District. Nanakramguda, Senlmgampalty Hyderabad, Telangana - 500 032 | Sd/- |
| Tel. No.: +91-40-6715-2222 Fax No.: +91-40-2343-1551 Email: samor.ipo@klintech.com | Mr. Blrjukumar A|itbhal Shah |
| Website: www.klintech.com Investor Grievance Email: emward.ris@kfintech.com | Chairman & Managing Director |
| Contact Person: M Murali Krishna | DIN - 02323418 |
| SEBI Registration No.: INR000000221 | |
| Place: Ahmedabad Date: October 11, 2021 |
THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF SAMOR REALITY LIMITED.
Samor Reality Limited is proposing, subject to market conditions, public issue of its equity shares and has filed the Prospectus with the Registrar at Companies, Ahmedabad. The Prospectus is available on the website of SEBI at www.sebi.gov.in, the website of the Lead Manager at www.beelinebroking.com, website of the BSE Limited at www.bseindia.com and website of Issuer Company at www.samor.in Investors should note that investment in Equity Shares involves a high degree of risk. For details, investors shall refer to and rely on the Prospectus including the section titled ' Risk Factors' beginning on page 20 of the Prospectus, which has been hied with ROC. The Equity Shares have not been and will not be registered under the US Securities Act (the "Securities Act") or any state securities law in United Slates and may not be Issued or sold within the United States or to, of for the account or benefit of. 'U.S. persons' (as defined in the Regulations under the Securities Act), except pursuant to an exemption train, or in a transaction not subject to the registration requirements of the Securities Act of 1933.
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