SVS Ventures IPO will open for subscription from 30 December 2022. the company aims for an issue size of ₹11.24 Cr through this IPO.
About Company
Incorporated in 2015, SVS Ventures is engaged in the real estate business. The entity undertakes construction and real estate development projects, focused primarily on residential and commercial projects, in and around Ahmedabad, Gujarat. Its projects cater to the middle-income and high-income groups. Within these segments, the company focuses on residential villas and apartment development projects.
Its residential villas and apartments portfolio consists of various types of accommodation of varying sizes. Its residential buildings and villas are designed with a variety of amenities such as security systems, sports, and recreational facilities, play areas and electricity backup. As on the filing of the red herring prospectus, the company has completed 7 residential and commercial projects while 2 commercial projects are expected to be completed in 2023.
Basic details about the company
| Full name | SVS Ventures Limited |
| Sector | Real estate |
| Industry | REALTY |
| Company Website | http://svsventures.co.in/ |
The objective of the Issue
- To meet the Working Capital requirements;
- General Corporate Expenses.
Major Competitive strengths
- Experienced management team.
- Operates in Residential Projects and commercial projects.
- Positive financial standing
IPO Timetable
| IPO Opening date | 30 December 2022 |
| IPO Closing | 04 January 2023 |
| Basis of Allotment | 09 January 2023 |
| Initiation Refund | 10 January 2023 |
| Credit to Demat Account | 11 January 2023 |
| Listing Date | 12 January 2023 |
IPO details
| Issue type | Fixed Price Issue IPO |
| IPO issue size | ₹11.24 Cr – 5,622,000 shares |
| Fresh Issue | ₹11.24 Cr – 5,622,000 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Offer price | ₹20 per share |
| Lot size | 6000 Shares |
| Retail Allocation | 50% |
| Listing Exchange | BSE SME |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 6000 | ₹120,000 |
| Retail (Max) | 1 | 6000 | ₹120,000 |
| HNI (Min) | 2 | 12,000 | ₹240,000 |
Reservation Details
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
Financial Performance
| FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 | |
| Revenue | 1,348.4 | 1,355 | 675 | 130 |
| Expenses | 1,314 | 1,318.1 | 616.1 | 110 |
| Net income | 25 | 26.6 | 183.3 | 14.3 |
Valuations & Margins
| FY 2020 | FY 2021 | FY 2022 | |
| EPS | 3.52 | 3.75 | 10.81 |
| PE ratio | – | – | 1.85 |
| RONW (%) | 45.74 | 32.74 | 69.32 |
| NAV | – | – | 34.63 |
Company Promoters
- Mr. Shashikant Vedprakash Sharma
Promoter Holding
| Pre Issue Share Holding | 90.49% |
| Post Issue Share Holding | 66.66% |
Lead Manager(s)
- First Overseas Capital Limited
IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6-2, 6th Floor,
Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East,
Mumbai – 400 093
Telephone: +91 22 62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Contact Details
SVS VENTURES LIMITED
Block A, Office No. 1009, Mondeal Heights,
Near Panchratna Party Plot, S. G. Highway,
Ahmedabad 380 051
Phone: +91 79 40397191
E-mail: svsventures87@gmail.com
Website: www.svsventures.co.in
Allotment Status
SVS Ventures IPO allotment status will be available on Bigshare Services’ website. Click on Bigshare Services weblink to get allotment status.
Final thoughts
SVS Ventures IPO is going to hit Dalal street soon. applying for 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
