Bookbuilding IPO | ₹36 Cr | Listing at BSE, NSE | Mon, Feb 4, 2008 - Wed, Feb 13, 2008
SVEC Constructions IPO is a book build issue of ₹36.00 crores.
SVEC Constructions IPO bidding started from Feb 4, 2008 and ended on Feb 13, 2008.
SVEC Constructions IPO is set issue price band at ₹80 to ₹90 per share. The lot size for an application is 70 shares. The minimum amount of investment required by an individual investor (retail) is ₹6,300 (70 shares) (based on upper price). The lot size investment for sNII is 32 lots (2,240 shares), amounting to ₹2,01,600, and for bNII, it is 159 lots (11,130 shares), amounting to ₹10,01,700.
Centrum Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to SVEC Constructions IPO RHP for detailed Information.
IPO Open
Mon, Feb 4, 2008
IPO Close
Wed, Feb 13, 2008
Price Band
₹80 to ₹90
Market Cap (Pre-IPO)
₹143.24 Cr
| IPO Date | 4 to 13 Feb, 2008 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹90 |
| Lot Size | 70 Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 40,00,000 shares (agg. up to ₹36 Cr) |
| Share Holding Pre Issue | 1,19,15,600 shares |
| Share Holding Post Issue | 1,59,15,600 shares |
Investors can bid for a minimum of 70 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹6,300 |
| Retail (Max) | 31 | 2,170 | ₹1,95,300 |
| S-HNI (Min) | 32 | 2,240 | ₹2,01,600 |
| S-HNI (Max) | 158 | 11,060 | ₹9,95,400 |
| B-HNI (Min) | 159 | 11,130 | ₹10,01,700 |
Incorporated in 1985, SVEC Constructions Limited is a leading company in the construction industry in India. They executes projects for Government, public and private corporates.
SVEC Constructions has completed many contracts with various public sector undertakings, defence establishments, State and central governments. SVEC undertakes projects like the construction of major specialized public utility buildings and irrigation projects involving the use of heavy machinery besides heavy structural steel fabrication works.
SVEC has designed, constructed and delivered some of the infrastructure projects in the country covering the following sectors of the industry:
1. Irrigation
2. Commercial
3. Residential
4. Hospitals
5. Judicial
6. Sports stadium
7. Airports
8. Industrial structures
SVEC is one of the specialists in CC lining and construction of structures for canals and in building residential/commercial buildings for Government, public and private corporates.
| Company | Issue Type | Issue Size | Listing Day Close | Listing Gain/Loss % |
|---|---|---|---|---|
| Shriram EPC Ltd. | Mainboard | ₹150.00 Cr | ₹286.50 | -4.50% |
| KNR Constructions Ltd. | Mainboard | ₹133.87 Cr | ₹154.90 | -8.88% |
| IRB Infrastructure Developers Ltd. | Mainboard | ₹944.57 Cr | ₹189.65 | +2.51% |
| J.Kumar Infraprojects Ltd. | Mainboard | ₹71.50 Cr | ₹103.35 | -6.05% |
| BGR Energy Systems Ltd. | Mainboard | ₹438.53 Cr | ₹901.45 | +87.80% |
| Maytas Infra Ltd. | Mainboard | ₹327.45 Cr | ₹613.35 | +65.77% |
| Supreme Infrastructure India Ltd. | Mainboard | ₹37.54 Cr | ₹175.10 | +62.13% |
| Roman Tarmat Ltd. | Mainboard | ₹50.78 Cr | ₹319.20 | +82.40% |
| C & C Constructions Ltd. | Mainboard | ₹124.28 Cr | ₹241.45 | -17.03% |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of Capital Equipment | 15.32 |
| 2 | Meet Long term working capital requirement | 23.86 |
| 3 | Pubic Issue expenses |
| KPI | |
|---|---|
| RoNW | 29.04% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 90.03% | 67.4% |
| Market Cap | ₹143.24 Cr. |
The SVEC Constructions IPO IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | - | - | - | |
Members are requested to note that the book building issue of SVEC CONSTRUCTIONS LIMITED which was scheduled to close on 13th Feb. 2008 has been withdrawn by the Lead Managers and now the Issue stands Close.
Members are requested to note that the book building issue of SVEC CONSTRUCTIONS LIMITED which was scheduled to close on 8th Feb. 2008 is now extended by 3 days and now the issue will close on 13th Feb. 2008. The Price Band is revised to Rs 80/- Rs 90/- from existing Rs 85/-Rs 95/-
Lead Manager Reports
SVEC Constructions IPO is a main-board IPO of 40,00,000 equity shares of the face value of ₹10 aggregating up to ₹36 Crores. The issue is priced at ₹80 to ₹90. The minimum order quantity is 70.
The IPO opens on Mon, Feb 4, 2008, and closes on Wed, Feb 13, 2008.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in SVEC Constructions IPO using UPI as a payment gateway. Zerodha customers can apply in SVEC Constructions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in SVEC Constructions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The SVEC Constructions IPO opens on Mon, Feb 4, 2008 and closes on Wed, Feb 13, 2008.
SVEC Constructions IPO lot size is 70, and the minimum amount required for application is ₹6,300.
You can apply in SVEC Constructions 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 SVEC Constructions IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SVEC Constructions IPO allotment status.
The SVEC Constructions IPO listing date is not yet announced. The tentative date of listing is .
