Incorporated in the year 2014, Samor Reality is engaged in the construction and development of residential and commercial projects, in and around Ahmedabad, Gujarat. The company has developed versatile projects by focussing on innovative architecture, strong project execution, and quality construction.The company intends to exploit the opportunities that are available in the Real Estate Sector and its operations may cover all aspects of real estate development.
The company may also enter into project-specific joint ventures or partnerships with other companies to enhance its credentials.The company is also engaged in the activity of trading building and construction materials specifically TMT Bars, HR Sheets of different sizes. The total of 100% of revenue for the year ended on March 31, 2021, is from trading activity. The company’s projects are marketed under the brand name of “Samor”.
Competitive strengths:
- A Experienced Management Team with an in-depth understanding of the real estate market in the region.
- Established brand and good brand reputation.
- Overall management of projects.
- Customer-centric, scalable business model.
- Quality Assurance and Standard.
Objectives of the Issue:
The net proceed from the IPO will be utilized towards the following purposes
- Investment into their subsidiary M/s Samor & Motherland LLP (“SML”).
- General corporate purpose.
- To Meet the Issue Expenses.
SMART IPO using UPI , you can now apply online https://ipo.gwcindia.in/client/index.php
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