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SVJ Enterprises IPO GMP, Price, Dates & Allotment Details 2023

SVJ Enterprises IPO GMP, Price, Dates & Allotment Details 2023

SVJ Enterprises IPO will open on February 23 and close on February 28, 2023. As per the DRHP filed with SEBI, the company intends to raise approximately ₹ 6.12 crore through this public offering, consisting of 1,701,000 shares of face value of ₹ 10 each. Which will be issued at a price of ₹ 36 per share.

Incorporated in 2009. Initially, the company was engaged in the production and trading of honey. Further, the company switched to the manufacturing of disposable paper plates. And is now producing disposable silver laminated plates, aluminum foil food containers, aluminum laminated bags and pouches, packaging pouches, and so on.

Aluminum is 100% recyclable without any loss of its intrinsic properties. Many states in the United States have banned plastic, and the best substitute is the Company’s products.   

Objects of the Issue

The company proposes to utilize the net proceeds of the Fresh Issue 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.

Financial Highlights (Restated Consolidated)

ParticularsPeriod ended on 30th June 2022FY 2021-22FY 2020-21FY 2019-20
Net Worth334305233210
Total Assets670679498376
Total Revenue10450315284
Profit After Tax297223-0.16
(Amount in ₹ Lakhs)

SVJ Enterprises IPO – Details

According to the DRHP filed with SEBI, the company plans to issue 1,701,000 shares of face value of ₹ 10 each, aggregating up to ₹ 6.12 crore.

Issue TypeFixed Price Issue IPO
IPO Price₹ 36 per share
Face Value₹ 10 per share
Market Lot3,000 shares
Issue Size1,701,000 shares of ₹ 10  (Aggregating up to ₹ 6.12 Crore)
Fresh Issue1,701,000 shares of ₹ 10  (Aggregating up to ₹ 6.12 Crore)
NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue
Listing AtBSE SME
Company PromotersMr. Suresh Jha 
Ms. Veena Jha

GMP – SVJ Enterprises IPO

SVJ Enterprises IPO GMP, or Grey Market Premium, are available here. The IPO GMP Premium updated day by day for IPOs’ running periods, and the GMP rates fluctuated and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates – SVJ Enterprises IPO

SVJ Enterprises IPO opens on February 23 and closes on February 28, 2023.

Opening DateFebruary 23, 2023
Closing DateFebruary 28, 2023
Basis of AllotmentMarch 3, 2023
Initiation of RefundsMarch 6, 2023
Credit of shares to Demat A/cMarch 8, 2023
Listing DateMarch 9, 2023

Lot Size – SVJ Enterprises IPO

The lot size of the SVJ Enterprises IPO is 3,000 shares. A retail-individual investor can apply for up to 1 lot, i.e. 3,000 shares of  ₹ 108,000.

ApplicationsLotsSharesAmount 
Retail (Minimum)13,000₹ 108,000
Retail (Maximum)13,000₹ 108,000
HNI (Minimum)26,000₹ 216,000

Promoters Holdings – SVJ Enterprises IPO

Pre-issue Shares Holdings85.54%
Post-issue Shares Holdings59.42%

SWOT Analysis – SVJ Enterprises IPO

STRENGTHSWEAKNESSES
1. Flexibility in business approach to accommodate unique requirements of the customers.
2. Aggressive marketing strategy with round the clock customer services.
3. Excellent logistic support to ensure on-time delivery of the products. 
4. Steady Growth of business. Financial credentials. 
1. Risky Rate of Return-on-Investment ratio. 
2. Unexpected changes in Government policies and regulations. 
OPPORTUNITIESTHREATS
1. A single platform to demonstrate capabilities, world wide. 
2. Sustainability and environmentalism sometime means extra costs for the customers. 
1. Continual upgradation of technology and process targeted to tap the global customers. 
2. Intensive management development plans to establish operation overseas.
3. Introduction of highly efficient and low cost machines for entrants in the SME sector. 

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
Company Contact InformationSVJ Enterprises Limited
002, A-Wing, Sonam Palace CHS, Old Golden Nest Phase 1,
New Golden Nest Road, Bhayander East, Thane 401105
Phone: +91-9869057304
Email: [email protected]
Website: http://svjenterprises.co.in/
IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Lead Manager(s)First Overseas Capital Limited 

FAQ’s

The SVJ Enterprises IPO price is ₹ 36 per share.

One lot of the SVJ Enterprises IPO contains 3,000 shares of ₹ 108,000.

The minimum investment size is one lot for retail investors.

The finalisation of the basis of allotment for the SVJ Enterprises IPO will be done on March 3, 2023, and the allotted shares will be credited to your demat account by March 8, 2023. Check the SVJ Enterprises IPO allotment status.

The SVJ Enterprises IPO shares listing date is March 9, 2023.

The investors’ portion for NII (HNI) – 50% of Net issue, and Retail – 50% of the Net Issue.

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