SVEC Constructions Ltd IPO (SVEC Constructions IPO) Detail

Feb 4, 2008 - Feb 13, 2008

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.

Objects of the Issue

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. Purchase of Capital Equipment;
2. Meeting long term working capital requirements;
3. To meet the expenses of the Issue;
4. For General Corporate Purpose.

SVEC Constructions IPO Details

IPO Date Feb 4, 2008 to Feb 13, 2008
Listing Date [.]
Face Value ₹10 per share
Price ₹80 to ₹90 per share
Lot Size 70 Shares
Issue Size4,000,000 shares of ₹10
(aggregating up to ₹36.00 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

SVEC Constructions IPO Lot Size

The SVEC Constructions IPO lot size is 70 shares. A retail-individual investor can apply for up to 31 lots (2170 shares or ₹195,300).

Application Lots Shares Amount
Retail (Min) 1 70 ₹6,300
Retail (Max) 31 2170 ₹195,300

IPO Notices

External Link

Attention Members (NSE Notice - 12-Feb-2008)

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note that the book building issue of SVEC CONSTRUCTIONS LIMITED which was scheduled to close on 13th Feb. 2008 has been withdrawn by the Lead Managers and now the Issue stands Close.

Attention Members (NSE Notice)

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/-

SVEC Constructions IPO Subscription Status (Bidding Detail)

The SVEC Constructions IPO is subscribed 0.25 times on Feb 12, 2008 5:00:00 PM. The public issue subscribed 0.48 times in the retail category, 0.00 times in the QIB category, and 0.51 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

SVEC Constructions IPO Prospectus

SVEC Constructions IPO Rating

Rating:Rated 2.4 stars
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Company Contact Information

SVEC Constructions Ltd
1014 Raghava Ratna Towers,
Chirag Ali Lane ABIDS,
Hyderabad - 500001, Andhra Pradesh, India.
Phone: +91-40 2320 2166

SVEC Constructions IPO Registrar

KFin Technologies Limited

Phone: 04067162222, 04079611000

SVEC Constructions IPO Review

SVEC Constructions IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 1 2
Members 0 0 0

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IPO Broker Recommendations

  • KR Choksey Securities Ltd - Avoid
  • Manish Bhatt - Apply
  • Smart Investments Ltd - Neutral
  • S P Tulsian - Avoid

SVEC Constructions IPO FAQs

SVEC Constructions IPO is a main-board IPO of 4,000,000 equity shares of the face value of ₹10 aggregating up to ₹36.00 Crores. The issue is priced at ₹80 to ₹90 per share. The minimum order quantity is 70 Shares.

The IPO opens on Feb 4, 2008, and closes on Feb 13, 2008.

KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The SVEC Constructions IPO opens on Feb 4, 2008 and closes on Feb 13, 2008.

SVEC Constructions IPO lot size is 70 Shares and the minimum order quantity is .

You can apply in SVEC Constructions IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, 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 SVEC Constructions IPO listing is [.].
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SVEC Constructions IPO Message Board

Ranked Members of Forum  Ranked Members | Most Liked Members



40. Bharath |   Link |Mar 13, 2008 4:36:14 PM
Hi Guys,

Is anybody knows when is the listing date of this company.
39. sandesh |   Link |Mar 4, 2008 6:52:14 PM
hi, i applied in SVEC IPo through online , but till now i didn't get my money refund?how many day required to refund my money?

any body please tell?
38. sudhakar |   Link |Feb 26, 2008 9:25:42 AM
I got my refund back.Money got directly credited in to my ICICI bank.I have applied through indiabulls online.
37. Neeraj |   Link |Feb 25, 2008 7:57:24 PM
I got my money back. Refund came directly to my ICICI bank account.
36. Prasad |   Link |Feb 22, 2008 7:39:05 AM
I have applied the SVEC IPO through ICICI Demat, but SVEC has with drawn the IPO.

When should i get the money and whom i have to contact.
35. YNM |   Link |Feb 19, 2008 7:44:47 PM
34. Shyam |   Link |Feb 19, 2008 9:35:32 AM
Did any one got the refumd back?its been more then one week.If we dont get any one suggest me to whom i should approach.
33. govind |   Link |Feb 18, 2008 8:01:28 PM
can anybody tell when the refunfd will come and by what mode?
32. DAS |   Link |Feb 17, 2008 9:23:43 PM
Can anybody tell me when shall i get back the refund of the IPO which was withdrawn.
31. sudhakar |   Link |Feb 14, 2008 1:28:08 PM
any got refund of this IPO?
30. Neeraj |   Link |Feb 12, 2008 8:16:59 PM
Any idea as how the refund will come? WIll it directly goes to ICICI demat account or will they mail a separate cheque. I have lost some money in the past when an IPO was withdrawn and my money never came back.
Please give the phone no. where I can contact these guys and know the details.
29. Shyam |   Link |Feb 12, 2008 2:51:05 PM
Yes, I Confirm to SVECon Phone that they withdrawn IPO today and refun will be comes in 15 days
28. shankar |   Link |Feb 12, 2008 1:40:21 PM
Dear friends SVEC has withdrawn IPO today.
27. ANAND |   Link |Feb 9, 2008 6:41:52 PM
Today's investment scenario is filled with grow rich overnight investors (I'm not an angel either). Go back a few years and you put money in a company based on its business and waited for the company to perform and return by means of growth and dividends.

Here we are, economy is doing well, infrastructure is required (very badly) and such a company comes with an issue... Things cannot go wrong in the long run. Maybe you will take a few more months to recover your money.

You have taken the decision and plunged (karm kiya)... Now wait and trust SVEC to do their job well and give you good returns (phal ki chinta mat karo).
26. nuts |   Link |Feb 9, 2008 1:32:13 PM
Instead of investing in this and losing your hard earned money you can donate it to charity and do some social good.
Mac #16 ,hope the answer is clear for you
25. Neeraj |   Link |Feb 9, 2008 12:19:05 AM
I myself had applied for the IPO but only on impulse and not based on any research. But now I see that still the applications percentage from QIB's is zero which means that the large registered Financial bodies like FII, Banks and Funds do not have faith in this company and has not applied for it.
So now I worry that whether or not, I took the right decision.
24. ANAND |   Link |Feb 8, 2008 8:02:37 PM
By the time the SVEC issue comes to market, market may have corrected and we (those who invested) may have brighter chance.
23. Shyam |   Link |Feb 8, 2008 6:27:44 PM
Any body tell about suscription SVEC IPO
22. Nadeem |   Link |Feb 8, 2008 5:09:19 PM
Dear friends
This is a good issue due to voilatile market it is undersubscribe . now they have reduce their price band
so apply for listing gain
21. Anil |   Link |Feb 7, 2008 10:52:22 PM
I guess this one will follow the path of Wockhardt Hospitals.
Kudos to all investors.