|
|
| IPO Open | Oct 22, 2007 |
| IPO Close | Oct 26, 2007 |
| IPO Price | ₹40 - ₹45 |
| Face Value | ₹10 |
| IPO Size | ₹34.50 Cr |
| Listing At | BSE, NSE |
| Lot Size | 125 |
Jan 24, 2023 7:59:00 PM
As markets open for the new year, a mega breakup that could shake up the consumer healthcare market is coming down the initial public offering (IPO) pipeline. Johnson & Johnson (J&J) is moving forward ...
Publish by : wealthofgeeksJan 25, 2023 2:44:00 PM
An initial public offering (IPO) is a company’s 1st entry into the public stock market. Sometimes referred to as “going public,” a company’s IPO allows it to raise capital by offering ...
Publish by : Benzinga.comJan 20, 2023 11:15:00 PM
In 2022, virtually all of the market optimism and wave of IPO activity from the year before rapidly dried up–leaving 12 months of aggressive economic headwinds and a widespread fear among ...
Publish by : NasdaqJan 24, 2023 7:58:00 PM
Those looking to soak up the sunny potential of solar will be glad to know MN8 Energy, one of the largest renewable energy companies in the U.S., is moving further down the initial public offering ...
Publish by : wealthofgeeksJan 11, 2023 3:39:00 PM
But the collapse of the IPO market has caused the pipeline of anticipated public listings to swell. MKM Partners' Rohit Kulkarni predicts we're on the precipice of a "new era" for private market ...
Publish by : CNBCJan 25, 2023 3:30:00 AM
According to the draft papers, the public issue with a face value of Rs 5 per equity share consists of a complete fresh issue of shares of Rs 750 crore with no offer-for-sale component.Of the proceeds ...
Publish by : IndiatimesJan 14, 2023 2:39:00 AM
Nextracker Inc. has filed for an initial public offering to list on the Nasdaq Capital Market, according to a Securities and Exchange Commission filing Friday. The company provides integrated ...
Publish by : MarketWatchJan 26, 2023 6:38:00 AM
Earlier this month capital markets regulator Sebi had asked the company to refile the draft initial public offering (IPO) papers with certain updates. "We are working on updating all key sections ...
Publish by : NDTVDec 29, 2022 1:49:00 AM
University of Florida Finance Professor and IPO expert Jay Ritter joins Yahoo Finance Live to discuss the state of the IPO market, how it's evolved in 2022, and what held many back. SEANA SMITH ...
Publish by : Yahoo FinanceJan 19, 2023 7:17:00 AM
Our regular IPO watch list stories have you covered. When it comes to an emerging company’s big debut, Stockhead is there to find out whether it flies or flops, with regular news updates and recaps of ...
Publish by : stockheadJan 13, 2023 8:32:00 PM
Investing in IPOs can be exciting, but they are risky assets to buy. Photo illustration by Fortune; Original photo by Getty Images There’s a great deal of jargon associated with the investing ...
Publish by : FortuneJan 26, 2023 12:45:00 AM
PayMate India was asked by the Securities and Exchange Board of India (Sebi) to refile the documents for the Initial Public Offering (IPO) with certain updates.
Publish by : moneycontrol.comGiving 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.
SVPCL Ltd IPO - Option to withdraw application
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 the 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
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 is entering the capital markets with an initial public offering, IPO of [*] Equity Shares of Rs. 10/- each aggregating Rs. 34.50 Crore, for cash, at a premium to be decided through a 100% Book Built Issue.
The price band for the issue has been fixed at Rs. 40/- at lower level and Rs. 45/- at upper level for equity share of Rs. 10/-. The issue opens on Oct 22, 2007, and closes for subscription on Oct 26, 2007. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
The SVPCL IPO is proposed to open on Oct 22, 2007. The IPO application ends on Oct 26, 2007.
Retail investors can apply in the retail or non-institutional investor category from Oct 22, 2007 to Oct 26, 2007. The SVPCL IPO can be applied online through Net Bank (ASBA method) or the stock broker (UPI method).
The SVPCL IPO will open for subscription on Oct 22, 2007. The public issue will close on Oct 26, 2007.
Useful Articles
FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)
30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training
|
|
RHP
