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SVS Ventures Limited IPO (SVS Ventures IPO) Detail

Dec 30, 2022 - Jan 4, 2023

Incorporated in 2015, SVS Ventures Limited is engaged in the real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects.

SVS Ventures primarily operates in and around Ahmedabad, Gujarat. In 2021, the company entered into a business takeover agreement in April with Erstwhile Proprietary Firm M/s Vijay & Co. of Mr Shashikant Vedprakash Sharma.

The company's business model is customer-centric, and requires optimum utilization of our existing resources, assuring quality supply and achieving consequent economies of scale.

The business operations include the development of real estate projects in the residential segment comprising apartment-type complexes, and villas, largely catering to the middle-income and high-income groups.

The company's below mentioned projects are marketed and sold under the brand name of "SVS Ventures (formerly known as Vijay & co.)".

1) Residential Projects: These projects cover Bungalows and Villas.

2) Commercial Projects: These projects include the construction of commercial offices and shops.

SVS Ventures' financials reflect a positive financial standing in the market where its revenues and profits have grown vastly. As of March 2022, the company's total revenue stood at Rs. 868.27 lakhs with a profit of Rs. 183.37 lakhs.

Company Financials

SVS Ventures Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20845.121348.62554.53641.79
31-Mar-211165.01135526.6181.14646.36
31-Mar-221245.68868.27183.37264.51700.95
30-Jun-222501.07129.9914.342125.33267.49
Amount in ₹ Lakhs

Objects of the Issue

The Net Proceeds from the Issue are proposed to be utilized by the Company for the following objects:

  1. To meet the Working Capital requirements;
  2. General Corporate Expenses.

SVS Ventures IPO Details

IPO Date Dec 30, 2022 to Jan 4, 2023
Listing Date Thursday, January 12, 2023
Face Value ₹10 per share
Price ₹20 per share
Lot Size 6000 Shares
Issue Size5,622,000 shares of ₹10
(aggregating up to ₹11.24 Cr)
Fresh Issue5,622,000 shares of ₹10
(aggregating up to ₹11.24 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
P/E (x)75
Market Cap (₹ Cr.)42.7
NII (HNI) Shares Offered50% of the net offer
Retail Shares Offered50% of the net offer
Market MakerSVCM SECURITIES PRIVATE LIMITED
Company Promoters

Mr. Shashikant Vedprakash Sharma is the promoter of the company.

SVS Ventures IPO Tentative Timetable

SVS Ventures IPO opens on Dec 30, 2022, and closes on Jan 4, 2023. The SVS Ventures IPO bid date is from Dec 30, 2022 10.00 A.M. to Jan 4, 2023 5.00 P.M. The Cut-off time for UPI Mandate confirmation is 5 PM on the issue closing day.

Event Tentative Date
Opening Date Dec 30, 2022
Closing Date Jan 4, 2023
Basis of Allotment Jan 9, 2023
Initiation of Refunds Jan 10, 2023
Credit of Shares to Demat Jan 11, 2023
Listing Date Jan 12, 2023

SVS Ventures IPO Lot Size

The SVS Ventures IPO lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹120,000).

Application Lots Shares Amount
Retail (Min) 1 6000 ₹120,000
Retail (Max) 1 6000 ₹120,000
HNI (Min) 2 12,000 ₹240,000

SVS Ventures IPO Promoter Holding

Pre Issue Share Holding 90.49%
Post Issue Share Holding 66.66%

SVS Ventures IPO Review

Though the company was in the real estate segment, it was incorporated with disguising banners that included software solutions, and life care solutions in its name. It has posted inconsistency in its performances so far. Based on its annualized FY23 earnings, the issue is exorbitantly priced. There is no harm in ignoring this pricy IPO. Read detail review...


SVS Ventures IPO Subscription Status (Bidding Detail)

The SVS Ventures IPO is subscribed 1.27 times on Jan 4, 2023 6:57:00 PM. The public issue subscribed 2.01 times in the retail category, times in the QIB category, and 0.53 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII0.53
Retail2.01
Total1.27

SVS Ventures IPO Prospectus

SVS Ventures IPO Rating

84
2.8
Rating:Rated 2.8 stars
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SVS Ventures IPO Listing Date

Listing Date Thursday, January 12, 2023
BSE Script Code 543745
NSE Symbol
Listing In M Group of Securities
ISIN INE0MID01012
IPO Price ₹20 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE SME
₹20.00
₹20.50
₹20.50
₹21.50
₹21.50

Company Contact Information

SVS Ventures Limited
Block A, Office No. 1009, Mondeal Heights
Near Panchratna Party Plot, S. G. Highway,
Ahmedabad 380 051
Phone: +91 79 40397191
Email: svsventure87@gmail.com
Website: http://www.svsventures.co.in/

SVS Ventures IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

SVS Ventures IPO Review

SVS Ventures IPO Recommendation Summary

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SVS Ventures IPO FAQs

SVS Ventures IPO is a SME IPO of 5,622,000 equity shares of the face value of ₹10 aggregating up to ₹11.24 Crores. The issue is priced at ₹20 per share. The minimum order quantity is 6000 Shares.

The IPO opens on Dec 30, 2022, and closes on Jan 4, 2023.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in SVS Ventures IPO using UPI as a payment gateway. Zerodha customers can apply in SVS Ventures IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SVS Ventures IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SVS Ventures IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SVS Ventures IPO opens on Dec 30, 2022 and closes on Jan 4, 2023.

SVS Ventures IPO lot size is 6000 Shares and the minimum order quantity is .

You can apply in SVS Ventures 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for SVS Ventures IPO will be done on Jan 9, 2023, and the allotted shares will be credited to your demat account by Jan 11, 2023. Check the SVS Ventures IPO allotment status.

The SVS Ventures IPO listing date is on Thursday, January 12, 2023.
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