SVJ Enterprises IPO

SVJ Enterprises IPO will open for subscription from 23 February 2023. the company aims for an issue size of ₹6.12 Cr through this IPO.

About Company

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 carries business in India and abroad for manufacturing, buying, supplying, importing, exporting, and selling honey products, food products, grains, etc.

The product portfolio of the company revolves around the manufacturing of:

  1. Disposable Silver Laminated Plates
  2. Aluminium Foil Food Container
  3. Aluminium Laminated Bags & Pouches
  4. Packaging Pouches

They 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.

Basic details about the company

Full nameSVJ Enterprises Limited
SectorFast-Moving Consumer Goods
Company Website

The objective of the Issue

  • To meet the working capital requirements of the company
  • To meet the Issue Expenses
  • General Corporate Purpose

Major Competitive strengths

  • Experienced management and skilled team.
  • Customer Centric Business Model.
  • Relationship with Suppliers.
  • Quality Assurance.

IPO Timetable

IPO Opening date23 February 2023
IPO Closing28 February 2023
Basis of Allotment03 March 2023
Initiation Refund06 March 2023
Credit to Demat Account08 March 2023
Listing Date09 March 2023

IPO details

Issue typeFixed Price Issue IPO
IPO issue size₹6.12 Cr – 1,701,000 shares
Fresh Issue₹6.12 Cr – 1,701,000 shares
Offer for saleNil
Face value₹10 per share
Price Band₹36 per share
Lot size3000 Shares
Market Maker portion87,000 shares
Retail Allocation50% of the Net Issue
Listing ExchangeBSE SME

IPO Lot Size

Retail (Min)13000₹108,000
Retail (Max)13000₹108,000
HNI (Min)26,000₹216,000

Reservation Details

NII (HNI) Shares Offered50% of the Net Issue
Retail Shares Offered50% of the Net Issue

Financial Performance

 FY 2020FY 2021FY 2022Q1 FY 2023
Net income(0.16)22.9471.5229.12
(Amount in ₹ Lakhs)

Valuations & Margins

FY 2020FY 2021FY 2022
PE ratio15.13
RONW (%)(0.08)9.8423.47
ROCE (%)1.7115.6734.23
EBITDA (%)(0.28)20.6019.92

Company Promoters

  • Mr. Suresh Jha
  • Ms. Veena Jha 

Promoter Holding

Pre Issue Share Holding85.54%
Post Issue Share Holding59.42%

Lead Manager(s)

  • First Overseas Capital Limited

IPO Registrar

Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 6263 8200

Contact Details

002, A-Wing, Sonam Palace CHS,
Old Golden Nest Phase 1,
New Golden Nest Road, Bhayander East,
Thane 401105, Maharashtra, India
Phone: +91-9869057304

Allotment Status

SVJ Enterprises IPO allotment status will be available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.

Final thoughts

SVJ Enterprises IPO is going to hit Dalal street soon. applying for an IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post will give you enough details to make a fundamental study of the company. learn well and make wise decisions.

Happy Investing

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