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SVJ Enterprises Limited IPO : Key Details

SVJ Enterprises Limited IPO is set to launch on 23 Feb, 2023. The company initiated its business operations in 2009. It is involved in manufacturing disposable paper plates. It is also involved in another business for manufacturing, supplying, buying, sportring, importing of honey products, grains, food products etc.

SVJ Enterprises Limited IPO DETAILS

SVJ Enterprises Limited IPO is set to launch on 23 Feb., 2023. The subscription timeline extends till 28 Feb, 2023. The size for the IPO is 6.12 Crore Rs. Shares issued through fresh issue mode are worth 6.12 Crore Rs. No Shares are issued through offer for sale mode. The lot size is 3000 shares and the price is 36 Rs per share. The company is going to get listed at BSE SME. The face value per share is Rs.10 and this is a Fixed Price issue. The registrar for the company is Bigshare Services Private Limited.

Tabular Description of SVJ Enterprises Limited IPO

IPO OPENING DATE	23 Feb., 2023
CLOSING DATE FOR IPO	28 Feb, 2023
ISSUE TYPE	Fixed Price Issue
Face Value per share	10 Rs. per share
IPO price band	36 Rs per share
LOT SIZE	3000 shares
MINIMUM ORDER QUANTITY	3000 shares
ISSUE SIZE	6.12 Crore Rs.
OFFER FOR SALE	No shares are issued through offer for sale mode.
FRESH ISSUE	6.12 Crore Rs.
LISTING AT	BSE SME
LISTING DATE	9 March, 2023

SVJ Enterprises Limited IPO : IMPORTANT DATES

IPO OPENING DATE	23 Feb., 2023
CLOSING DATE FOR IPO	28 Feb., 2023
IPO ALLOTMENT DATE	3 March, 2023
REFUNDS	6 March, 2023
DEMAT A/C CREDITED ON	8 March, 2023
IPO LISTING DATE	9 March, 2023

SVJ Enterprises Limited IPO begins for subscription from 23 Feb., 2023. The IPO subscription would continue till 28 Feb., 2023. The allotment status for the shareholders who applied would come on 3 March, 2023. The refunds for the ones who did not get allotment would be initiated on 6 March, 2023. The DEMAT accounts of shareholders would be credited on 8 March, 2023. The listing of the company would be accompanied on 9 March 2023.

SVJ Enterprises Limited IPO : Lead Managers

The lead managers are :

First Overseas Capital Limited

The minimum lot size for the company is decided at 3000 shares. This holding accounts to 108000 Rs.. The maximum lot size is decided at 6000 shares (HNI). This amounts to 216000 Rs.. Hence the company’s final holdings would be set as :

	Shares	Amount
Minimum	3000 shares	108000 Rs.
Maximum	6000 shares	216000 Rs.

OBJECTIVES FOR THE IPO

IPO proceeds would be used for general corporate purposes.
The money raised will be also utilised for the working capital requirements.

COMPANY FINANCIALS

Particularly (in Lakh Rs.)	2019-20	2020-21	2021-22
ASSETS	376	497	678
Revenue	83	152	503
PAT	(-0.16)	23	72

SVJ Enterprises Limited had an asset base of 376 Lakh Rs in 2020. This increased by more than 100 Lakh Rs to 497 Lakh Rs in 2021. In 2022 the same increased to 678 Lakh Rs. As the assets of the company are constantly increasing which is a good sign for any company. On the other hand the revenue of the comedy is also increasing very rapidly. The revenue of the company was 83 Lakh Rs in 2020 which increased to 152 Lakh Rs in 201. These figures increased to a whopping 503 Lakh Rs in 2022. This indicates a jump of more than 350 Lakh Rs in the revenue figures within a time period of one year,

The profits of the company are also getting better with time. The company was facing a loss of 16000 Rs in 2020. The situation got better with increased revenue and asset base in 2021. The year 2021 recorded a profit of 23 Lakh Rs. This figure moved further to 72 Lakh Rs in 2022. Thus the company’s financials are getting better with time. The assets, revenue and even the profitability is increasing at almost double pace every year. Hence the financials of the company look extremely sound based on these figures.