Samruddhi Realty Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,030,000 (47%) | — | ₹124 Cr |
| Retail | — | 1,030,000 (47%) | — | ₹124 Cr |
| Market Maker | — | 110,000 (5%) | — | ₹1 Cr |
| Σ Total | — | 2,170,000 (100%) | — | ₹2,604 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹120,000 |
| Retail (Max) | 13 | 130,000 | ₹1,560,000 |
| S-HNI (Min) | 14 | 140,000 | ₹1,680,000 |
| B-HNI (Min) | 67 | 670,000 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Part Repayment of Term Loan taken from Karnataka Bank –
- 2 Issue Expenses –
Company Overview
Incorporated in 2003, Samruddhi Realty Ltd is the flagship company of Samruddhi Group and engaged in the business of real estate development. Company is headquartered in Bangalore and core area of operations is residential projects.
They have executed projects at different locations in the Bangalore region. They have an in-house architectural and designing team which co-ordinates the entire process from initiation of a project to its final delivery, that ensure quality of and timely execution of each project. Most of the developments carried out by them are on a joint development model with the land owners being given built up area. They currently follow a sale model for their residential projects.
Samruddhi Realty has only presence in Bangalore. Projects completed by the Company are Eastlynne Luxury Apartments, Whitefield, Regal Luxury Apartments, High Street, Royale Luxury Apartments, High Street, Grace Luxury Apartments, Viviani Road, Ananda Luxury Apartments, JP nagar, Bangalore.