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SVPCL Limited IPO (SVPCL IPO) Detail

Oct 22, 2007 - Oct 26, 2007

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.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To modernize and expand the existing manufacturing facilities at Hyderabad, Vijayawada and Visakhapatnam;
2. To set up marketing infrastructure at identified locations in different parts of the country and
3. To add long term working capital resources.

SVPCL IPO Details

IPO Opening Date Oct 22, 2007
IPO Closing Date Oct 26, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹40 to ₹45 per equity share
Market Lot 125 Shares
Min Order Quantity 125 Shares
Listing At BSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹34.50 Cr)

SVPCL IPO Lot Size

The SVPCL IPO market lot size is 125 shares. A retail-individual investor can apply for up to 35 lots (4375 shares or ₹196,875).

Application Lots Shares Amount (Cut-off)
Minimum 1 125 ₹5,625
Maximum 35 4375 ₹196,875

IPO Notices

External Link

SVPCL Ltd IPO - Option to withdraw application

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


BSE Notice no : 20071204-15

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


Notice to SVPCL IPO Investors by SVPCL Limited (Source: http://www.svpcl.com/)

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


SVPCL Ltd to refund the money raised through IPO - Supreme Court

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


SVPCL IPO refund queries response from SVPCL Aarthi Consultants:

With reference to your query on the IPO of SVPCL Limited ('SVPCL' or 'issuer company'), we would like to inform as under:

  1. Further to the Hon'ble Supreme Court orders dated 20/08/2008 dismissing the issuer company's appeal, SEBI had advised SVPCL to refund the application money along with interest to all the applicants concerned.
  2. Subsequently, SEBI vide its letter dated 23/10/2008 acceded to the request of SVPCL to refund the application money (lying in escrow accounts with the Banks) immediately and to pay interest amount by 31/10/2008.
  3. Despatch of Refund Orders and ECS Credit as the case may be, for the refund of application money, is under process.This is for your information.

SVPCL IPO Subscription Status (Bidding Detail)

The SVPCL IPO is subscribed 1.09 times on Oct 26, 2007 17:00. The public issue subscribed 2.24 in the retail category, 0.46 in the QIB category, and 0.50 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

SVPCL IPO Prospectus

SVPCL IPO Rating

75
3.5
Rating:Rated 3.5 stars
Vote Here ...

Company Contact Information

SVPCL Limited
206 A Concourse,
2nd Floor, Greenlands,
Ameerpet, Hyderabad 500 016, India
Phone: +91-40-6636 9058
Email: ipo@svpcl.com
Website: http://www.svpcl.com/

SVPCL IPO Registrar

Aarthi Consultants Pvt Ltd.

Phone: +91-40-27638111
Email: svpcl@aarthiconsultants.com
Website: http://www.aarthiconsultants.in/

SVPCL IPO Reviews / Ratings

  • S P Tulsian - Avoid

SVPCL IPO FAQs

SVPCL IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹34.50 Crores. The issue is priced at ₹40 to ₹45 per equity share. The minimum order quantity is 125 Shares.

The IPO opens on Oct 22, 2007, and closes on Oct 26, 2007.

Aarthi Consultants Pvt Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The SVPCL IPO opens on Oct 22, 2007 and closes on Oct 26, 2007.

SVPCL IPO lot size is 125 Shares and the minimum order quantity is 125 Shares.

You can apply in SVPCL 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 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 SVPCL IPO listing is [.].

SVPCL IPO Message Board

Ranked Members  Ranked Members

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1032. SUBHASH GUPTA |Aug 24, 2009 14:05
ANY BODY HAS RECEIVED THE INTEREST OF SVPCL
1031. Kailash |Aug 10, 2009 12:04
Is there anyone here who has got interst for the money invested in IPO? I sent many emails and now they have stopped sending me replies too.
1030. mahesh kumar |Aug 5, 2009 12:04
I have not recieved interest.
1029. S C GUPTA |Jul 29, 2009 09:47
SEBI IS SLEEPING PRINCIPAL WAS RELEASED ON SVPCL
UNDERTAKING TO SEBI AND NO ACTION IS BEING TAKEN
BY SEBI
1028. Kailash |Jul 25, 2009 22:23
We all are getting same kind of replies.. that interest will be released next month?
However if we get the same, what will be the duration?
1027. Raman Wadhwa Kapurthala Punjab |Jul 24, 2009 23:57
Yaar I am also one among you
I also have not received the interest.
Can someone please let me know when and how we are getting the interest.?
my email is raman_kpt@rediffmail.com
please let me know soon
Main to aise hi bali ka bakra ban gaya
1026. yogesh |Jul 24, 2009 19:27
friends, i have not still received the ipo amount.
please suggest how to get it....tia
1025. madhuri hukumchand mahajan |Jul 20, 2009 16:35
I have not received the interest.
Can someone please let me know when we are getting the interest.

1024. girish garg |Jul 20, 2009 12:59
friends, any one tell about interest from svpcl, on this matter ,what is going on, now-a-days. thank you
1023. thyagaraj |Jul 16, 2009 19:40
I also have not received the interest.
Can someone please let me know when we are getting the interest.
1022. V,pandurangaiahsetty |Jul 14, 2009 17:31
Aarre,
Kitna petense se rehna bai SVPCL fellow is leaset botherd about SEBI instructions kuch doosra rastha tho pathakarona bai.
1021. SUBHASH GUPTA |Jul 2, 2009 15:46
AB TO NEXT MONTH BHI AA GAYA SVPCL KA INTEREST KAB MILEGA
1020. VINEEL KUMAR |Jul 1, 2009 22:29
I HAVE NOT RECEIVED INTEREST
1019. Pawan |Jun 16, 2009 21:29
Thanks to Raman for the update.

Guys please dont mess with false information.
1018. raman |Jun 11, 2009 13:22
I spoke to Aarthi consultants on 11 jun 09 they said money was not released by SVPCL.Then,I spoke to Prabakar reddy of SVPCL on the same day he said interest will be given next month.
1017. Kailash |Jun 9, 2009 19:52
Hey wat about interest?
I sent three mails and did not get any reply regarding the same. Wapaas karne ka irada nahi hai kya?
1016. vineet |Jun 4, 2009 18:36
can anyone please give me the email id of aarthi consultants?
1015. Vineet |Jun 4, 2009 18:24
Hi,
I have still not received the refund money for my application of SVPCL shares. Please advise how to get the same?
1014. naveenbhat |May 29, 2009 00:10
aree ipo lateho
interest dena be siko '
mehanat ks paisa hai yar
1013. Subhash Gupta |May 28, 2009 09:45
SEBI JI
SVPCL KA INTEREST TO DILVA DO