SVS VENTURES IPO 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 IPO – Overview
| IPO Dates | Dec 30, 2022, to Jan 4, 2023 |
| IPO Price | INR 20 per share |
| Fresh issue | 5,622,000 shares (INR 11.24 crore) |
| Offer For Sale | Nil |
| Total IPO size | 5,622,000 shares (INR 11.24 crore) |
| Minimum bid (lot size) | 6000 shares (INR 115,200) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
SVS VENTURES IPO -Tentative Dates
| IPO Offer Opening Date | 30 December 2022 |
| IPO Closing Date | 4 January 2023 |
| Finalisation of Basis of Allotment | 9 January 2023 |
| Initiation of refunds | 10 January 2023 |
| Transfer of shares to demat accounts | 11 January 2023 |
| IPO Listing Date | 12 January 2023 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
SVS Ventures are into real estate business. The entity undertakes construction and real estate development projects, focused primarily on the construction and development of residential and commercial projects and 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 :
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.
Objects of the Issue
- To meet working capital requirements of the Company.
- General corporate purposes.
Company Financials
| Particulars | 31-March-22 | 31-Mar-21 | 31-Mar-20 |
| Total Assets | 1245.68 | 1165.01 | 845.12 |
| Total Revenue | 868.27 | 1355 | 1348.6 |
| Profit After Tax | 183.37 | 26.61 | 25 |
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 Lead Manager(s)
- First Overseas Capital Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
