SVJ Enterprises, incorporated on October 16, 2009, was engaged in the production and trading of honey. Later, it switched to the manufacturing of disposable paper plates.
| Bidding Dates |
|---|
| 23 Feb 2023 - 28 Feb 2023 |
| Subscription |
|---|
| 1.49x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,08,000 | 1 | 1 | 3000 | 1.7 M | ₹36 | 69.47 % | ₹61.2 M | RHP DOC |
SVJ Enterprises IPO SUBSCRIPTION STATUS
28 Feb '23SVJ Enterprises IPO overall subscription rate was 1.49 times the total available shares
SVJ Enterprises IPO retail subscription rate was 0.89 times in the retail segment
SVJ Enterprises IPO non-institutional investor subscription rate was 2.1 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
28 Feb 2023 (Day 4) | 0.89x | 2.1x | - |
27 Feb 2023 (Day 3) | 0.8x | 0.96x | - |
24 Feb 2023 (Day 2) | 0.15x | 0.12x | - |
23 Feb 2023 (Day 1) | 0.06x | 0.12x | - |
SVJ Enterprises FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) |
| Q1FY23 | 2.9 | 10.3 | 2.7 | 2.7 |
| FY22 | 7.2 | 49.8 | 7.8 | 7.8 |
| FY21 | 2.3 | 14.8 | 8.3 | 8.3 |
| FY20 | 0.0 | 8.0 | -0.1 | -1.0 |
SVJ Enterprises IPO SUBSCRIPTION STATUS DETAILS
SVJ Enterprises had 1.7 M shares on offer
SVJ Enterprises IPO offer price was ₹36
SVJ Enterprises IPO minimum Investment was ₹108000
SVJ Enterprises IPO issue size was ₹ 61.2 M
SVJ Enterprises had a minimum lot size of 3000 Shares per application
SVJ Enterprises NUMBER OF SHARES ON OFFER
SVJ Enterprises IPO IMPORTANT DATES
| Issue Open Date | 23 Feb 2023 |
| Issue close Date | 28 Feb 2023 |
| Allotment Date | 03 Mar 2023 |
| Refund Date | 06 Mar 2023 |
| Demat Account Credit Date | 08 Mar 2023 |
| Listing Date | 09 Mar 2023 |
| Listing on Exchange(s) | BSE |
| SVJ Enterprises Allotment Status | Exchange |
SVJ Enterprises IPO subscription opened on 23 Feb 2023, and closed on 28 Feb 2023
IPO allotment for SVJ Enterprises was finalized on Friday, 03 Mar 2023
IPO listing for SVJ Enterprises was on BSE on Thursday, 09 Mar 2023
SVJ Enterprises IPO LISTING GAINS
| Issue Price (adjusted) | 36.0 |
| Listing Open Price | 38.0 |
| Listing Close Price | 36.1 |
| Listing Gain% | 5.6% |
| Current Gain% | 446.3% |
SVJ Enterprises Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SVJ Enterprises Ltd. | 196.6 | 109.6 | 150.2 | 4.1 | 22.8 | 4.4 | 3.9 | 4.8 | -11.6 | 0.7 | 36.8 | 1.3 | 36.8 |
| Aditya Birla Real Estate Ltd. | 1382.8 | 15445.3 | -149.6 | -4.2 | 37.9 | -2.8 | -0.5 | 459.2 | -63.5 | -103.2 | 36 | -9.2 | 36 |
| JK Paper Ltd. | 387 | 7017.9 | 21.6 | -2.8 | 1 | 4.8 | 2.5 | 7136.1 | 4.5 | 265.8 | -35.1 | 17.9 | -7.7 |
| West Coast Paper Mills Ltd. | 599.1 | 3957 | 26.3 | -0.5 | 0.9 | 4.2 | 2.8 | 4393.2 | 2.8 | 150.6 | -51.6 | 22.8 | -51.6 |
| KS Smart Technologies Ltd. | 106.4 | 1745.7 | -5409.3 | 81.8 | 859.1 | -0.1 | -0.1 | 2.1 | -0.3 | -66 | 0 | -66.1 | |
| Seshasayee Paper & Boards Ltd. | 229.2 | 1445.6 | 14.6 | 1.1 | 0.8 | 4 | 3.3 | 1759.2 | -3.5 | 82.5 | -24.4 | 15.7 | 13 |
SVJ Enterprises INFORMATION ON IPO ISSUE
About SVJ Enterprises
SVJ Enterprises, incorporated on October 16, 2009, was engaged in the production and trading of honey. Later, it switched to the manufacturing of disposable paper plates.
Object of the Issue
- To meet the working capital requirements of the company
- To meet the issue expenses
- General corporate purpose
SVJ Enterprises - PROMOTERS
| Name |
|---|
| Suresh Jha |
| Veena Jha |
SVJ Enterprises Lead Manager of the Issue
First Overseas Capital
rushabh@focl.in
SVJ Enterprises Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
SVJ Enterprises Strengths
Relationship with suppliers
The company's existing supplier relationship protects the business in terms of supply, pricing of the products and services, quality of the products and services offered, etc
Experienced management
The company has a strong management team and workforce that have led the organisation on the path to success
Quality assurance
The company ensures total customer satisfaction by implementing and continuously improving the quality of the management system, adhering to timelines and schedules, being cost-competitive, enabling teamwork within the organisation, etc
SVJ Enterprises Risks
Legal proceedings
There are outstanding legal proceedings involving the company, its promoters and directors. Any adverse decision in such proceedings may have an adverse effect on the business
Labour-intensive industry
The industry is labour-intensive and the company's business operations may be adversely affected by strikes, work stoppages or increased wage demands by employees or those of the suppliers
Subject to competition
The company's product is subject to competition and upgradation or substitution with other packaging materials
IPO FAQs
The promoters of the company are Suresh Jha and Veena Jha.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 36.0 - 36.0.
The IPO application opens on Feb 23, 2023 and closes on Feb 28, 2023.
The minimum lot size for the IPO is 3000. The maximum lot size for the IPO is 3000.
For all category investors, the minimum application amount for this IPO is Rs. 108,000.0, the maximum value for this IPO is Rs 108,000.0.
This IPO will be allotted on Mar 03, 2023.
The refund will be credited to your account on Mar 06, 2023.
The allotted shares will be credited to your demat on Mar 08, 2023.
SVJ Enterprises Ltd.’s shares listed on the stock exchanges on Mar 09, 2023.