SVJ Enterprises Limited IPO Detail
Incorporated in 2009, SVJ Enterprises Limited is engaged in the manufacturing of Disposable Paper Plates. Earlier, they were in the production and trading of honey. The company carry business in India and abroad for manufacturing, buying, supplying, importing, exporting and selling honey products, food product, grains etc.
The product portfolio of the company revolves around the manufacturing of:
- Disposable Silver Laminated Plates
- Aluminium Foil Food Container
- Aluminium Laminated Bags & Pouches
- Packaging Pouches
They have a well-equipped infrastructure to carry out all types of jobs tailor-made to customer requirements as per international standards. The company offers high-quality materials, scheduled delivery time, cost-effective products, efficient sales and services, and competitive prices at all times.
The promoters of the company are CA Suresh Jha and Mrs Veena Jha. They are the guiding force behind the success of the entity and offer their expertise such that the company thrives in every aspect.
Competitive Strengths:
- Experienced management and skilled team.
- Customer Centric Business Model.
- Relationship with Suppliers.
- Quality Assurance.
Company Promoters
Mr. Suresh Jha and Ms. Veena Jha are the Promoters of the company.IPO Details
| IPO Opening Date | Feb 23, 2023 |
| IPO Closing Date | Feb 28, 2023 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹36 per equity share |
| Market Lot | 3000 Shares |
| Min Order Quantity | 3000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹6.12 Cr |
| Fresh Issue | 1,701,000 shares of ₹10 (aggregating up to ₹6.12 Cr) |
| Offer for Sale | - |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | - | - | 0.12x | 0.06x | 0.09x | |
| Day 2 | - | - | 0.12x | 0.15x | 0.14x | |
| Day 3 | - | - | 0.96x | 0.80x | 0.88x | |
| Day 4 | - | - | 2.10x | 0.89x | 1.49x |
IPO Tentative Timetable
The SVJ Enterprises Limited IPO open date is Feb 23, 2023, and the close date is Feb 28, 2023. The issue may list on Mar 09, 2023.
| IPO Open Date | Feb 23, 2023 |
| IPO Close Date | Feb 28, 2023 |
| Basis of Allotment Date | Mar 03, 2023 |
| Initiation of Refunds | Mar 06, 2023 |
| Credit of Shares to Demat Account | Mar 08, 2023 |
| IPO Listing Date | Mar 09, 2023 |
IPO Lot Size
The SVJ Enterprises Limited IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 3000 | ₹108000 |
| Maximum | 1 | 3000 | ₹108000 |
IPO Promoter Holding
| Pre Issue Share Holding | 85.54% |
| Post Issue Share Holding | 59.42% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 497.81 | 152.38 | 22.94 |
| 31-Mar-22 | 678.55 | 503.15 | 71.52 |
| 30-Jun-22 | 670.44 | 103.94 | 29.12 |
Objects of the Issue:
The Objects of the Issue are:
- To meet the working capital requirements of the company
- To meet the Issue Expenses
- General Corporate Purpose
SVJ Enterprises Limited IPO Registrar:
Bigshare Services Pvt Ltd
SVJ Enterprises Limited IPO Lead Manager(s):
First Overseas Capital Limited
Company Contact Information:
SVJ Enterprises Limited
002, A-Wing, Sonam Palace CHS, Old Golden Nest Phase 1, New Golden Nest Road, Bhayander East
Thane
Maharashtra
