SVJ Enterprises IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Feb 28, 2023Let’s have a detailed review of the company and analytics of the SVJ Enterprises IPO release date, IPO offer price, subscription, SVJ Enterprises Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 36 |
| Listing At | BSE, SME |
| Min. Order Quantity | 3000 Shares |
| Listing Date | Mar 9, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 612 Lakh |
| IPO Size | Rs 612 Lakh |
| Tick Size | 1 |
SVJ Enterprises IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
| Live Performance – SVJ Enterprises Share Price |
SVJ Enterprises IPO – Summary
Their Company was incorporated on October 16, 2009 as a private limited company as “S.V.J. Enterprises Private Limited” under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai.
Subsequently, pursuant to a special resolution of their Shareholders passed in the Extra Ordinary General Meeting held on June 01, 2022. Their Company was converted from a Private Limited company to public limited company.
The Promoter of this company is Mr. Suresh Jha and Ms. Veena Jha. The lead manager to the issue is FIRST OVERSEAS CAPITAL LIMITED, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
SVJ Enterprises IPO Date
The opening and closing dates of SVJ Enterprises IPO are Feb 23, 2023 and Feb 28, 2023 respectively.
SVJ Enterprises IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 23rd Feb | 0.12x | 0.06x | 0.09x |
| 2nd Day – 24th Feb | 0.12x | 0.15x | 0.14x |
| 3rd Day – 27th Feb | 0.96x | 0.80x | 0.88x |
| 4th Day – 28th Feb | 2.10x | 0.89x | 1.49x |
| Shares Offered or Net Issue | 807,000 | 807,000 | 1,614,000 |
The shares subscribed by the public will be updated here.
SVJ Enterprises IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
SVJ Enterprises Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Mar 3, 2023 |
| Refunds Initiation | Mar 6, 2023 |
| Credit of Shares to Demat Account | Mar 8, 2023 |
| Share Listing Date | Mar 9, 2023 |
SVJ Enterprises IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.36
SVJ Enterprises IPO Equity Size
This Initial Public Issue of 1,701,000 Equity Shares of Rs.10 each for cash at a price of Rs.36 per equity share aggregating to Rs.612 Lakh.
SVJ Enterprises IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 1,701,000 Equity Shares of Rs.612/ each.
Issue Size: 1,701,000 Equity Shares of Rs.10 each, aggregating to Rs.612 Lakh
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SVJ Enterprises IPO – Live Performance
The listing date of this IPO is Mar 9, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – SVJ Enterprises Share Price |
SVJ Enterprises IPO Grey Market Premium
The SVJ Enterprises Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is Rs X.
SVJ Enterprises IPO – Company Overview
Initially they were engaged in the production and trading of honey. Further, their Company switched in the manufacturing of Disposable paper plates. Since then, they believe that they have earned high recognition in the markets of disposable products by providing best quality to customers.
They are now engaged in the manufacturing of Disposable Silver Laminated Plates, Aluminium Foil Food Container, Aluminium Laminated Bag & Pouches, Packaging Pouches etc. Aluminium is 100% recyclable without any loss of its intrinsic properties.
The recycling of aluminium products saves energy because the products being recycled usually require much less processing to turn them into usable materials than raw resources.
The consequence is a significant reduction in emission of greenhouse gases. Domestically many states are banning plastic, the best replacement to that is their Company’s products.
SVJ Enterprises IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 1,318.22 | 678.55 | 497.81 | 376.25 |
| *Total Revenue | 290.12 | 503.15 | 152.38 | 83.98 |
| Total Expense | 182.44 | 404.07 | 121.94 | 84.20 |
| Profit After Tax | 77.72 | 71.52 | 22.94 | (0.16) |
Earnings per Equity Share (in Lakh)
| 30-Sep-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 2.01 | 2.38 | 0.76 | (0.01) |
Further, their PAT for the period ended on Sep 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 77.72 Lakh, Rs. 71.52 Lakh, Rs. 22.94 Lakh and Rs. (0.16) Lakh respectively.
SVJ Enterprises IPO – Promoters
The Promoter of this company is:
- Mr. Suresh Jha
- Ms. Veena Jha
List of Related Parties (Key Managerial Personnel)
- Saanvi ChanorahasKargutkar, Managing Director
- Suresh Ramchandra Jha, Non-Executive Director
- Satish Kumar Dogra, Independent Director
- ZahurAlam Noor Alam Shaikh, Independent Director
SVJ Enterprises IPO – Promoters Holding
- Pre-Issue Share Holding – 85.54%
- Post Issue Share Holding – 59.42%
SVJ Enterprises IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 17,01,000 Equity Shares aggregating up to Rs.612.36 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to 87,000 Equity Shares aggregating up to Rs.31.32 Lakh |
| Net Issue to the Public | Up to 16,14,000 Equity Shares aggregating up to Rs.581.04 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 8,07,000 Equity Shares |
| Other than Retail Individual Investors | Not more than 8,07,000 Equity Shares |
| Equity Shares outstanding prior to the Issue | 38,70,000 Equity Shares |
| Equity Shares outstanding after the Issue | 55,71,000 Equity Shares |
SVJ Enterprises IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. To meet the working capital requirements of the company
2. To meet the Issue Expenses
3. General Corporate Purpose
SVJ Enterprises IPO – Business Strategy
- Leveraging their Market skills and Relationships.
- Material efficiency
- To increase brand visibility
- Cost effectiveness
- Building-up as a Professional Organisation
- Continue to attract and retain talent
- Strategic Acquisition and Alliance Opportunities.
SVJ Enterprises IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Management and Employee expertise;
- Understand Customer Needs
- Existing distribution and sales networks in domestic market and their geographical benefit
- Quality products
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 2.38 | 23.47 | 10.12 |
| 31-Mar-21 | 0.76 | 9.84 | 7.75 |
| Mar-20 | -0.01 | -0.08 | 6.99 |
SVJ Enterprises IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Crores) | |
| SVJ Enterprises Limited | 10 | [●] | 2.38 | 23.47 | 503.15 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
SVJ Enterprises IPO Lead Managers
| Lead Managers |
| FIRST OVERSEAS CAPITAL LIMITED 1-2 Bhupen Chambers, Dalal Street, Fountain, Mumbai – 400 001, Maharashtra, India Tel. No.: +91 22 4050 9999 Email: rushabh@focl.in / mala@focl.in Investor Grievance Email: investorcomplaints@focl.in Website: www.focl.in Contact Person: Mr. Rushabh Shroff/ Ms. Mala Soneji SEBI Registration No: INM000003671 |
SVJ Enterprises IPO Registrar to offer
| Registrar to the Offer |
| BIGSHARE SERVICES PRIVATE LIMITED Office No. S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai – 400 093, Maharashtra, India. Tel No.: +91 – 22 – 6263 8200; Fax No.: +91 – 22 – 6263 8299 E-mail: ipo@bigshareonline.com Investor Grievance E-mail: investor@bigshareonline.com Website: www.bigshareonline.com Contact Person: Mr. Babu Rapheal C SEBI Registration No.: INR000001385 CIN: U99999MH1994PTC076534 |
SVJ Enterprises IPO – Other Details
- Statutory Auditor – PSV Jain & Associates
- Legal Counsel to the Company – Name: R & J Co.
- Bankers to the Company – Axis Bank Limited
SVJ Enterprises IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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SVJ Enterprises Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
SVJ Enterprises IPO Review FAQs
Check out various FAQs related to SVJ Enterprises IPO:
What is the Issue Size of SVJ Enterprises IPO?
The Company is making an initial public offer of 1,701,000 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and net issue.
What is the Price band of SVJ Enterprises IPO?
The price band for this particular IPO ranges between Rs 36. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the SVJ Enterprises IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Feb 23, 2023, while the closing date is set at Feb 28, 2023.
What is the SVJ Enterprises IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. The basis of Allotment finalization is on Mar 3, 2023, refund initiation is on Mar 6, 2023, credit of shares is on Mar 8, 2023, and share listing date is on Mar 9, 2023.
What is the SVJ Enterprises IPO Listing Date?
Shares of this company shall be listed in the exchanges Mar 9, 2023. The date, when the listing would be done, is stagnant on Mar 9, 2023.
Who is the Registrar of SVJ Enterprises IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Pvt Ltd. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of SVJ Enterprises IPO?
Here are the promoters of this IPO – Mr. Suresh Jha and Ms. Veena Jha. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is the GMP of SVJ Enterprises IPO?
They have obtained the GMP of this IPO and it is Rs NA. Further insights into the Kostak rate and subject to sauda or SS are as well included in this report.
Is SVJ Enterprises IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of SVJ Enterprises Company?
They have the information on company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 71.52, 2021 is 22.94, and 2020 is (0.16). PAT from Sep 2022 is 77.72.
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