SVS Ventures Limited IPO Detail

Incorporated in 2015, SVS Ventures Limited is engaged in the real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects.

SVS Ventures primarily operates in and around Ahmedabad, Gujarat. In 2021, the company entered into a business takeover agreement in April with Erstwhile Proprietary Firm M/s Vijay & Co. of Mr Shashikant Vedprakash Sharma.

The company's business model is customer-centric, and requires optimum utilization of our existing resources, assuring quality supply and achieving consequent economies of scale.

The business operations include the development of real estate projects in the residential segment comprising apartment-type complexes, and villas, largely catering to the middle-income and high-income groups.

The company's below mentioned projects are marketed and sold under the brand name of "SVS Ventures (formerly known as Vijay & co.)".

1) Residential Projects: These projects cover Bungalows and Villas.

2) Commercial Projects: These projects include the construction of commercial offices and shops.

SVS Ventures' financials reflect a positive financial standing in the market where its revenues and profits have grown vastly. As of March 2022, the company's total revenue stood at Rs. 868.27 lakhs with a profit of Rs. 183.37 lakhs.