Sameera Agro and Infra IPO

Sameera Agro and Infra Limited

₹1,44,000 /800 sharesMinimum Investment

Sameera Agro and Infra IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
NSE₹180.00₹180.00₹0.00 (0.00%)

Sameera Agro and Infra IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Dec ‘23 - 27 Dec ‘23₹1,44,000800₹180 - ₹180
Issue SizeIPO Doc
62.64Cr
RHP PDF

About Sameera Agro and Infra

Sameera Agro and Infra is an infrastructure development company engaged in the construction of residential, commercial spaces, apartments, townships, multi storied complexes, gated communities, landscapes, and other related works. In 2021, the company diversified its business activities to include processing, drying, selling, purchasing, marketing, and distributing agricultural commodities. This company’s name was changed from “Sameera Infra Projects Private Limited” to “Sameera Agro and Infra Private Limited”. Subsequently, the company was converted into Public Limited Company and the name was changed to “Sameera Agro And Infra Limited.”;
Parent Organisation
Sameera Agro and Infra Limited
Founded
2002
Managing Director
MR. SATYA MURTHY SIVALENKA

Strengths & Risks

  • Sameera Agro and Infra has strategically positioned its manufacturing and processing unit on lease near Hyderabad, ensuring accessibility for Telangana, Karnataka, and Maharashtra.
  • The company is actively working on acquiring processing mills on lease in Guntur and Rajahmundry, expanding its operations in Andhra Pradesh.
  • The company aims to provide economical prices for small and medium income group of people with apartment sizes in the range of 600 sft. to 1800 sft. at cost of Rs 24.00 lakhs to Rs 72.00 lakhs per apartment in Hyderabad and Secunderabad.
  • Sameera Agro and Infra’s ongoing projects at Dharmaram Village, Keesara Mandal, Medchal-Malkajgiri District., are located 26 kms away from Secunderabad Railway Station and densely populated area with commercial establishments around the area.
  • Company’s proposed multiplex project with screens is expected to provide to the floating consumers by offering various facilities viz., food courts, entertainment zone, sports zone, kids games, shops and health care spas and clinics, pharmacies etc.
  • Sameera Agro and Infra rely heavily on their agro-business, which constitutes a significant portion of their revenue. In the years 2023, 2022, and 2021, Agro business contributed 100%, 100%, and 62.81%, respectively, to the total revenue. Any factors affecting the demand for Agro business may have adverse effects on its overall business and operational results.
  • The majority of the company's state-wise revenues over the past three financial years heavily depend on Telangana and Andhra Pradesh. Loss of business in these regions could negatively impact both revenues and profitability.
  • Sameera Agro and Infra relies on third-party transportation service providers for the delivery of agricultural produce and raw materials. The lack of formal contracts with these providers poses a risk, as their failure to meet obligations could adversely affect the company's business, financial condition, and operational results.
  • The company's dependency on a few suppliers for materials procurement is a vulnerability. If these suppliers fail to deliver materials in a timely manner, it could have an adverse material effect on Sameera Agro and Infra's business operations and profitability.
  • The company lacks insurance coverage to protect against operating hazards and losses, potentially impacting its financial condition.
  • The production and supply of certain agricultural produce and commodities are subject to seasonal factors.
  • A substantial portion of the company’s revenues has been dependent on a limited number of customers. Revenue from top 10 customers in agro business constituted 79.10 %, 80.89 % and 78.18 % of total revenue from operations for the financial year ending March 31, 2023, March 31, 2022 and March 31, 2021 respectively.
  • Negative cash flow from certain activities in recent years raises concerns about the company's financial health.
  • Some or all of the company’s ongoing projects may be delayed or may not be completed by their expected completion dates or at all.
  • There have been several instances of delay/default in payment of statutory dues and filing of statutory returns by the company in the past.
  • Sameera Agro and Infra faces Contingent Liabilities and Commitments that, if materialized, could affect its financial position. As of March 31, 2023, a Contingent Liability of Rs. 4.4797 crores exists, for which short-term provisions have been made.
  • The company's reliance on unsecured loans from specific lenders adds another layer of risk. The potential recall of these loans by lenders may force the company to seek alternative financing sources, which may not be available on commercially reasonable terms or at all, impacting its liquidity.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular180 - 180₹2 Lakh
High Networth Individual180 - 180₹2 - 5 Lakh
For Sameera Agro and Infra IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 4.7.4
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK MAHINDRA |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  BANDHAN |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  IDBI |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ |  BAJAJ

ABOUT GROWW