The SVJ Enterprises date has been confirmed from February 23 and ended on February 28. Read the post to learn about SVJ Enterprises IPO GMP.
The SVJ Enterprises IPO is a fixed price offering worth Rs 6.12 crores. This offering consists solely of 17.01 lakh newly issued shares. The bidding for SVJ Enterprises IPO commenced on February 23, 2023, and concluded on February 28, 2023. The allotment process for the IPO was finalized on Friday, March 3, 2023. Subsequently, the shares were listed on BSE SME on March 9, 2023.
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Key Details of SVJ Enterprises IPO:
Bidding Dates
February 23 – 28 ,2023
Price Range
₹36 per share
Face Value
₹10 per share
GMP
₹-4
SVJ Enterprises GMP
The SVJ Enterprises IPO GMP is ₹[-4].
SVJ Enterprises IPO Overview
SVJ Enterprises Limited, established in 2009, specializes in the production of Disposable Paper Plates. Previously, the company was involved in the manufacturing and trading of honey. SVJ Enterprises Limited conducts its business operations in India and overseas, engaging in the manufacturing, purchasing, supplying, importing, exporting, and selling of honey products, food products, grains, and more. SVJ Enterprises is offering its IPO at a price of ₹36 per share. To participate in the IPO, retail investors need to apply for a minimum lot size of 3000 shares, which requires a minimum investment of ₹108,000. On the other hand, High Net Worth Individuals (HNIs) are required to invest in 2 lots, equivalent to 6,000 shares, amounting to a minimum investment of ₹216,000.
SVJ Enterprises IPO Date & Price Band Details
IPO Date | February 23, 2023 to February 28, 2023 |
Listing Date | March 9, 2023 |
Face Value | ₹10 per share |
Price | ₹36 per share |
Lot Size | 3000 Shares |
Total Issue Size | 1,701,000 shares (aggregating up to ₹6.12 Cr) |
Fresh Issue | 1,701,000 shares (aggregating up to ₹6.12 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Market Maker portion | 87,000 shares |
SVJ Enterprises IPO Market Lot
Investors have the opportunity to place bids for a minimum of 3000 shares, and they can increase their bids in multiples of this amount. The table provided below illustrates the minimum and maximum investment limits for both retail investors and HNI, in terms of shares and the corresponding amount.
Application | Lot Size | Shares | Amount |
Retail (Min) | 1 | 3000 | ₹108,000 |
Retail (Max) | 1 | 3000 | ₹108,000 |
HNI (Min) | 2 | 6,000 | ₹216,000 |
SVJ Enterprises Company Financials
Parameters | Year ending on 31st March, 2022 | Year ending on 31st March, 2021 | Year ending on 31st March, 2020 |
Revenue from operation | 497.50 | 147.75 | 79.82 |
Profit After Tax | 71.52 | 22.94 | 0.16 |
EBITDA | 99.08 | 30.43 | 0.22 |
EPS | 2.38 | 0.76 | 0.01 |
Company Profile
SVJ Enterprises Ltd, established in 2009, specializes in the production of disposable paper plates. With state-of-the-art facilities, they are capable of manufacturing paper plates of various types, customized to meet customer specifications and international standards. Prior to their current endeavor, SVJ Enterprise was engaged in the manufacturing, procurement, supply, import, export, and sale of honey products, food grains, and other commodities in both domestic and international markets. The range of products offered consists of Disposable Silver Laminated Plates, Aluminium Foil Food containers, Aluminium Laminated Bags & Pouches, and Packaging Pouches. The company operates solely as a trading and manufacturing entity, specializing in FMCG
goods that span from food grains to packaged food items. Their commitment lies in upholding the utmost standards of quality, safety, and hygiene throughout the manufacturing processes and supply chain.
Registrar Info
Name | LINK INTIME INDIA PRIVATE LIMITED |
Phone number | +91 22 6263 8200 |
Email ID | [email protected] |
Website | https://ipo.bigshareonline.com/ipo_status.html |
Contact Details
Name | SVJ Enterprises Ltd |
Phone number | +91 98690 57304 |
Email ID | [email protected] |
Website | https://svjenterprises.co.in/ |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
SVJ Enterprises FAQs
When SVJ Enterprises IPO will open?
The SVJ Enterprises IPO opens on February 23, 2023 and closes on February 28, 2023.
What is the lot size of SVJ Enterprises IPO?
SVJ Enterprises IPO lot size is 3000 Shares, and the minimum amount required is ₹108,000.
When is SVJ Enterprises IPO allotment?
The finalization of Basis of Allotment for SVJ Enterprises IPO will be done on Friday, March 3, 2023, and the allotted shares will be credited to your demat account by Wednesday, March 8, 2023.