Samor Reality Ltd. has announced public offering of 1300000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 52.00 per share. The gross proceeds of the issue are expected to be Rs 806.00 lakhs.

The company's initial public offer (IPO) will open on 30 September 2021 and is expected to close on 05 October 2021, subject to customary closing conditions.

The IPO includes a fresh Issue of 1300000 Equity Shares of the Company at an price of Rs 62.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

Samor Reality Ltd. anticipates using the proceeds of the issue for Investment into the subsidiary namely M/s Samor & Motherland LLP (“SML)

General Corporate Purpose

To Meet the Issue Expenses.

BEELINE BROKING LIMITED as lead manager & KFIN Technologies Pvt. Ltd. is the registrar, to the issue.