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SVJ Enterprises IPO is a fixed price issue of ₹6.12 crores. The issue is entirely a fresh issue of 0.17 crore shares of ₹6.12 crore.
SVJ Enterprises IPO bidding started from Feb 23, 2023 and ended on Feb 28, 2023. The allotment for SVJ Enterprises IPO was finalized on Mar 3, 2023. The shares got listed on BSE SME on Mar 9, 2023.
SVJ Enterprises IPO price is ₹36.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,08,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹2,16,000.
First Overseas Capital Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Nikunj Stock Brokers Ltd..
Refer to SVJ Enterprises IPO RHP for detailed Information.
| IPO Date | February 23, 2023 to February 28, 2023 |
| Listing Date | March 9, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹36 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 17,01,000 shares (aggregating up to ₹6.12 Cr) |
| Reserved for Market Maker | 87,000 shares Nikunj Stock Brokers Ltd. (aggregating up to ₹0.3132 Cr) |
| Net Offered to Public | 16,14,000 shares (aggregating up to ₹5.81 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 38,70,000 shares |
| Share Holding Post Issue | 55,71,000 shares |
SVJ Enterprises IPO offers total 17,01,000 shares. Out of which 8,07,000 (47.44%) allocated to NII, 8,07,000 (47.44%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 87,000 (5.11%) |
| NII (HNI) Shares Offered | 8,07,000 (47.44%) |
| Retail Shares Offered | 8,07,000 (47.44%) |
| Total Shares Offered | 17,01,000 (100.00%) |
SVJ Enterprises IPO opens on February 23, 2023, and closes on February 28, 2023.
| IPO Open Date | Thu, Feb 23, 2023 |
| IPO Close Date | Tue, Feb 28, 2023 |
| Tentative Allotment | Fri, Mar 3, 2023 |
| Initiation of Refunds | Mon, Mar 6, 2023 |
| Credit of Shares to Demat | Wed, Mar 8, 2023 |
| Tentative Listing Date | Thu, Mar 9, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Feb 28, 2023 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,08,000 |
| Retail (Max) | 1 | 3,000 | ₹1,08,000 |
| HNI (Min) | 2 | 6,000 | ₹2,16,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
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:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus |
|---|---|---|---|---|---|
| 31-Mar-20 | 376.25 | 83.98 | -0.16 | 210.26 | 167.26 |
| 31-Mar-21 | 497.81 | 152.38 | 22.94 | 233.20 | 190.20 |
| 31-Mar-22 | 678.55 | 503.15 | 71.52 | 304.72 | 261.72 |
| 30-Jun-22 | 670.44 | 103.94 | 29.12 | 333.84 | 290.84 |
| Amount in ₹ Lakhs | |||||
The market capitalization of SVJ Enterprises IPO is ₹20.06 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 12.9 |
The Objects of the Issue are:
[Dilip Davda] The company is trading honey and manufacturing disposable plates, which is a highly competitive and fragmented segment. Based on its latest earnings the issue appears attractively priced but the sustainability of such margins in the future is a significant concern. There is no harm in skipping this “high risk/low return” issue. Read detail review...
| Listing Date | March 9, 2023 |
| BSE Script Code | 543799 |
| NSE Symbol | |
| ISIN | INE0JZS01010 |
| Final Issue Price | ₹36 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹36.00 |
| Open | ₹38.00 |
| Low | ₹36.10 |
| High | ₹38.00 |
| Last Trade | ₹36.10 |
SVJ Enterprises Ltd.
002, A-Wing, Sonam Palace CHS,
Old Golden Nest Phase 1, New Golden Nest Road,
Bhayander East, Thane 401105
Thane, Maharashtra
Phone: +91-9869057304
Email: info@svjenterprises.co.in
Website: http://svjenterprises.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
SVJ Enterprises IPO is a SME IPO of 17,01,000 equity shares of the face value of ₹10 aggregating up to ₹6.12 Crores. The issue is priced at ₹36 per share. The minimum order quantity is 3000.
The IPO opens on February 23, 2023, and closes on February 28, 2023.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in SVJ Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in SVJ Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SVJ Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SVJ Enterprises IPO opens on February 23, 2023 and closes on February 28, 2023.
SVJ Enterprises IPO lot size is 3000, and the minimum amount required for application is ₹1,08,000.
You can apply in SVJ Enterprises IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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. Check the SVJ Enterprises IPO allotment status.
The SVJ Enterprises IPO listing date is on Thursday, March 9, 2023.
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