Sameer Africa: NSE’s Best Performing Stock Rewards Investors in a Big Way

With a Market Capitalization of KSh 4.36 billion, Sameer Africa (SMER) stands as the fastest growing stock at the NSE, its shares having appreciated significantly over the 8 months’ period of this year. This means that if one had invested KSh 100,000 in Sameer Africa at the start of the year, that wealth will have grown to KSh 540,000 in August 2025, a 441% gain.

Associated with the wealthy Merali family, Sameer Africa, which has its roots in tyres, has retooled its business to become a real player in the industrial real estate business. The firm has over 750,000 square feet of lettable warehouse space. Its subsidiary, Sameer Industrial Park, is the first gazetted export processing zone in Kenya.

The EPZ provides warehousing and industrial processing needs to over 40 clients in distribution, retail, manufacturing, agro-processing, business process outsourcing and energy sectors.

Shareholders, who have reaped big at Sameer Africa counter include majority owner Sameer Investments Limited with 201,743,205 shares or 72.48% ownership, Patrick Njogu Kariuki Family with 5,618,700 or 2.02% stake, Yana Trading Limited with 5,273,700 shares or 1.90% shareholding and Andrew Mukite Musangi with 3,320,000 shares ( 1.19%).

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Other are Best Investment Decisions Ltd- 2,495,400 shares or 0.90% stake, Bid Management Consultancy Limited- 2,319,400 or 0.83% ownership, Kenyalogy.Com Limited- 2,189,200 shares or 0.79%, Kenya Commercial Bank Nominees Limited A/C 915B- 1,892,517 shares or 0.68%, Freight Forwarders Kenya Limited- 1,875,000 shares or 0.67% and Utaridi Partners Limited with 1,779,600 shares or 0.64% stake.

Sameer ended last week at KSh 15.65, a 4% gain over its previous closing price of KSh 15.05. SMER began the year at KSh 2.43 and has since gained 544% on that price, placing it at the top of the pile as best year-to date performer at the NSE. The share has accrued a remarkable 79% over the past 4 weeks alone.

Sameer Africa has cut a niche as an experienced EPZ developer, with huge infrastructure that promotes export-oriented industrial investments. It provides tenants with space to develop built-to-suit infrastructure backed by pre-construction long-term lease agreements.

The Meralis also own huge stakes at listed Sasini Tea at 13.25% through Yana Towers Limited-30,225, 240 shares and Merali Sameer Naushad 1,812,700 shares or 0.79%. Merali family previously owned 35% of Eveready, another listed firm, a stake that it sold off in 2023.