Bookbuilding IPO | ₹34 Cr | Listing at BSE, NSE | Mon, Oct 22, 2007 - Fri, Oct 26, 2007
SVPCL IPO is a book build issue of ₹34.50 crores.
SVPCL IPO bidding started from Oct 22, 2007 and ended on Oct 26, 2007.
SVPCL IPO is set issue price band at ₹40 to ₹45 per share. The lot size for an application is 125 shares. The minimum amount of investment required by an individual investor (retail) is ₹5,625 (125 shares) (based on upper price). The lot size investment for sNII is 36 lots (4,500 shares), amounting to ₹2,02,500, and for bNII, it is 178 lots (22,250 shares), amounting to ₹10,01,250.
BOB Capital Markets Ltd. is the book running lead manager and Aarthi Consultants Pvt.Ltd. is the registrar of the issue.
Refer to SVPCL IPO RHP for detailed Information.
IPO Open
Mon, Oct 22, 2007
IPO Close
Fri, Oct 26, 2007
Price Band
₹40 to ₹45
Market Cap (Pre-IPO)
To be declared
| IPO Date | 22 to 26 Oct, 2007 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹40 to ₹45 |
| Lot Size | 125 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 76,66,666 shares (agg. up to ₹34 Cr) |
| Share Holding Pre Issue | 1,15,69,000 shares |
Investors can bid for a minimum of 125 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 125 | ₹5,625 |
| Retail (Max) | 35 | 4,375 | ₹1,96,875 |
| S-HNI (Min) | 36 | 4,500 | ₹2,02,500 |
| S-HNI (Max) | 177 | 22,125 | ₹9,95,625 |
| B-HNI (Min) | 178 | 22,250 | ₹10,01,250 |
Incorporated in 1992, SVPCL Limited is Hyderabad based manufacturer of paper products and stationery. SVPCL also involve in large volume printing, computer stationery and security printing.
SVPCL has production facilities in Hyderabad, Vijayawada and Visakhapatnam Special Economic Zone. SVPCL products include Single and Multiple Part, Blank and Pre-printed Computer Stationery, Security Products like Share Certificates, Fixed Deposit Receipts, Courier Dockets, Credit Cards, ATM Pin Mailers, Pay Covers, Brochures, Annual Reports, and Calendars & Text Books etc.
SVPCL's manufacturing units are equipped with high tech machinery from Muller Martini, Komori, and Heidelberg which help it to produce quality papers. Companies major client include Air Tel, Tata Tele, Voltas, Karvy Consultants, Reliance India, Aurobindo Pharma, Deccan Chronicle. Vaartha etc.
SVPCL turnover has grown from Rs 10 Crore in year 2002 - 2003 to around Rs 55 Crore for first 9 months of financial year 2006 - 2007.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Toexpand the existing manufacturing facilities at Hyderabad, Vijayawada and Visakhapatnam | 24.45 |
| 2 | To set up marketing infrastructure at identified locations in different parts of the country | 1.61 |
| 3 | To Augment Long term Working Capital resources | 6.00 |
| 4 | To meet the expenses of the issue | 2.49 |
| 5 | Contingencies | 2.55 |
The SVPCL IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
Date posted: 04 Dec 2007
SVPCL Limited IPO has got some trouble while allocating shares due to some legal issues. Company published a letter to its investors saying that the delay in allotment/refunds is because of unintentional and inadvertent discloser which appeared on the cover page of its RHP, in the application form and also on other places in RHP. Company has corrected the document and submitted it to SEBI and stock exchanges.
Due to define rules by SEBI, Company has given an option to its investors to withdraw the application with in 10 days from the date of the notice i.e. on or before 5:30 PM on December 13, 2007.
Process to withdraw application:
Submit a duly signed request along with:
A. Name of applicants
B. Address
C. Application number
D. Number of shares bid for
E. Amount paid
F. Cheque number
G. Bank and branch detail
Send it to:
Kind Attn: Mr. G. Bhaskar
Aarthi Consultants Private Limited
1-2-285, Domalguda, Hyderabad - 500029
Phones: 040-27638111/27634445/27642217/55611921
Email: svpcl@aarthiconsultants.com
Payment of interest:
Company will pay interest to all applicants @ 15% p.a. for delay in allotment/refund beyond 10/11/2007.
For more detail check company notice to BSE
Notice date : Tuesday, December 04, 2007
Subject : Notice to Investors of Public issue of SVPCL Limited
SVPCL Limited has come out with an initial public issue of [*] equity shares of Rs. 10 each. The issue opened on October 22, 2007 and closed on October 26, 2007. Subsequent, to the closure of the public issue, the Company has come out with a public notice dated December 3, 2007 in the Economic Times, Gujarat Samachar , Business Standard, Pratahkal, Andhraprabha, Financial Express & Sandesh. A copy of the same is attached herewith. Investors in the issue are requested to take note of the same.
Sydney Miranda
AGM- DCS
Tuesday, December 4, 2007
Read attached document Investorletter.pdf
Company has finalised the basis of allotment and the approval for the same is awaited from authorities. The allotment/ refunds would be communicated to you at the earliest.
Posted on 06 Feb 2008
Giving the break to one of the worst IPO processing’s in current time; Supreme Court (SC) rejected SVPCL’s appeal and urged them to refund the money to the investors.
The SVPCL IPO was open from October 22, 2007 to October 26, 2007 and subscribed 1.09 times (retail 2.2419 times). Company filed for listing at BSE on 17th January 2008 but BSE rejected the application as Post issue Merchant Bankers (UTI Securities Limited) didn’t provided an undertaking as required. Company moved to Andhra Pradesh High Court and then Supreme Court but lost the both the cases. Since Oct 2007 thousands of investor’s money got stuck due to these legal problems.
Today once SC rejected SVPCL’s appeal, it’s now clear that SVPCL has to refund the money back to its IPO investors soon. SVPCL Ltd officials were unable to comment of this.
Posted on 20 Aug 2008
With reference to your query on the IPO of SVPCL Limited ('SVPCL' or 'issuer company'), we would like to inform as under:
Lead Manager Reports
SVPCL IPO is a main-board IPO of 76,66,666 equity shares of the face value of ₹10 aggregating up to ₹34 Crores. The issue is priced at ₹40 to ₹45. The minimum order quantity is 125.
The IPO opens on Mon, Oct 22, 2007, and closes on Fri, Oct 26, 2007.
Aarthi Consultants Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SVPCL IPO using UPI as a payment gateway. Zerodha customers can apply in SVPCL IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SVPCL IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SVPCL IPO opens on Mon, Oct 22, 2007 and closes on Fri, Oct 26, 2007.
SVPCL IPO lot size is 125, and the minimum amount required for application is ₹5,625.
You can apply in SVPCL IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for SVPCL IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SVPCL IPO allotment status.
The SVPCL IPO listing date is not yet announced. The tentative date of listing is .
