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SVS Ventures IPO is a fixed price issue of ₹11.24 crores. The issue is entirely a fresh issue of 0.56 crore shares of ₹11.24 crore.
SVS Ventures IPO bidding started from Dec 30, 2022 and ended on Jan 4, 2023. The allotment for SVS Ventures IPO was finalized on Jan 9, 2023. The shares got listed on BSE SME on Jan 12, 2023.
SVS Ventures IPO price is ₹20.00 per share . The lot size for an application is 6,000. The minimum amount of investment required by an individual investor (retail) is ₹1,20,000 (6000 shares). The minimum lot size investment for HNI is 2 lots (12,000 shares), amounting to ₹2,40,000.
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 Svcm Securities Pvt.Ltd..
Refer to SVS Ventures IPO RHP for detailed Information.
| IPO Date | December 30, 2022 to January 4, 2023 |
| Listing Date | January 12, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹20 per share |
| Lot Size | 6,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 56,22,000 shares (aggregating up to ₹11.24 Cr) |
| Reserved for Market Maker | 2,82,000 shares Svcm Securities Pvt.Ltd. (aggregating up to ₹0.5640 Cr) |
| Net Offered to Public | 53,40,000 shares (aggregating up to ₹10.68 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 1,57,27,619 shares |
| Share Holding Post Issue | 2,13,49,619 shares |
SVS Ventures IPO offers total 56,22,000 shares. Out of which 26,70,000 (47.49%) allocated to NII, 26,70,000 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,82,000 (5.02%) |
| NII (HNI) Shares Offered | 26,70,000 (47.49%) |
| Retail Shares Offered | 26,70,000 (47.49%) |
| Total Shares Offered | 56,22,000 (100.00%) |
SVS Ventures IPO opens on December 30, 2022, and closes on January 4, 2023.
| IPO Open Date | Fri, Dec 30, 2022 |
| IPO Close Date | Wed, Jan 4, 2023 |
| Tentative Allotment | Mon, Jan 9, 2023 |
| Initiation of Refunds | Tue, Jan 10, 2023 |
| Credit of Shares to Demat | Wed, Jan 11, 2023 |
| Tentative Listing Date | Thu, Jan 12, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Jan 4, 2023 |
Investors can bid for a minimum of 6,000 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 | 6,000 | ₹1,20,000 |
| Retail (Max) | 1 | 6,000 | ₹1,20,000 |
| HNI (Min) | 2 | 12,000 | ₹2,40,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 845.12 | 1348.6 | 25 | 54.53 | 641.79 |
| 31-Mar-21 | 1165.01 | 1355 | 26.61 | 81.14 | 646.36 |
| 31-Mar-22 | 1245.68 | 868.27 | 183.37 | 264.51 | 700.95 |
| 30-Jun-22 | 2501.07 | 129.99 | 14.34 | 2125.33 | 267.49 |
| Amount in ₹ Lakhs | |||||
The market capitalization of SVS Ventures IPO is ₹42.70 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 75 |
The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:
[Dilip Davda] Though the company was in the real estate segment, it was incorporated with disguising banners that included software solutions, and life care solutions in its name. It has posted inconsistency in its performances so far. Based on its annualized FY23 earnings, the issue is exorbitantly priced. There is no harm in ignoring this pricy IPO. Read detail review...
| Listing Date | January 12, 2023 |
| BSE Script Code | 543745 |
| NSE Symbol | |
| ISIN | INE0MID01012 |
| Final Issue Price | ₹20 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹20.00 |
| Open | ₹20.50 |
| Low | ₹20.50 |
| High | ₹21.50 |
| Last Trade | ₹21.50 |
SVS Ventures Ltd.
Block A, Office No. 1009, Mondeal Heights
Near Panchratna Party Plot,
S. G. Highway,
Ahmedabad, Gujarat, 380051
Phone: +91 79 40397191
Email: svsventure87@gmail.com
Website: http://www.svsventures.co.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
SVS Ventures IPO is a SME IPO of 56,22,000 equity shares of the face value of ₹10 aggregating up to ₹11.24 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000.
The IPO opens on December 30, 2022, and closes on January 4, 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 SVS Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in SVS Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SVS Ventures IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SVS Ventures IPO opens on December 30, 2022 and closes on January 4, 2023.
SVS Ventures IPO lot size is 6000, and the minimum amount required for application is ₹1,20,000.
You can apply in SVS Ventures 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 SVS Ventures IPO will be done on Monday, January 9, 2023, and the allotted shares will be credited to your demat account by Wednesday, January 11, 2023. Check the SVS Ventures IPO allotment status.
The SVS Ventures IPO listing date is on Thursday, January 12, 2023.
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