IPO Issue Details
Issue Price / Price Band₹36 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size17,01,000 shares (aggregating up to ₹6.12 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 23 Feb 2023
Subscription CloseTue, 28 Feb 2023
Anchor AllotmentWed, 22 Feb 2023
Basis of AllotmentFri, 03 Mar 2023
Initiation of RefundsMon, 06 Mar 2023
Credit of Shares to DematWed, 08 Mar 2023
Listing DateThu, 09 Mar 2023
UPI Mandate Deadline2023-02-28
Application & Investment Details
Retail — Min (1 Lots)₹1,08,000 — 3,000 shares
Retail — Max (13 Lots)₹1,404,000 (13 Lots)
HNI — Min (2 Lots)₹2,16,000 — 6,000 shares
P/E Ratio (Pre-IPO)12.9x
Net Offer to Public16,14,000 shares (aggregating up to ₹5.81 Cr)
Reserved for Market Maker87,000 shares (aggregating up to ₹0.3132 Cr)
Pre-IPO Promoter Holding38,70,000 shares
Post-IPO Promoter Holding55,71,000 shares
About SVJ Enterprises Ltd.
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:Disposable Silver Laminated PlatesAluminium Foil Food ContainerAluminium Laminated Bags & PouchesPackaging PouchesThey 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:Experienced management and skilled team.Customer Centric Business Model.Relationship with Suppliers.Quality Assurance.
Objects of the Issue
SVJ Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirements of the company
4.70
2
General Corporate Purpose
1.02
3
To meet the expenses of the Issue
0.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
38,70,000 shares
Post-IPO Promoter Holding
55,71,000 shares