January 11, 2023
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SVS Ventures IPO Analysis at Chanakyanipothi.com
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SVS Ventures IPO Grey Market updates
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SVS Ventures Subscription Status
# On 04 January 2022 @ 5.00 pm (Closed)
NII: 2670000 Shares, 0.53T
RII: 2670000 Shares, 2.01T
Total: 5340000 Shares 1.27T
SVS Ventures: Company Details
The Company and the Erstwhile Proprietary Firm- M/s Vijay & Co. have been into the business of real estate since 2015 and 2014 years, respectively focused primarily on construction and development of residential and
commercial projects, in and around Ahmedabad, Gujarat.
The company entered into a business takeover agreement dated April 26, 2022 with the Erstwhile Proprietary FirmM/s Vijay & Co. of Mr. Shashikant Vedprakash Sharma.
With this business takeover, the Company intends to develop versatile projects by focusing on innovative architecture, strong project execution and quality construction. These projects currently cater to and will continue catering to the middle income and high-income group. Currently, its business focuses on residential villas and apartment development projects.
The Company aims to grow in size from his rich experience, expert in-sight of the industry and expand its operations.
For more information about the company, Click www.svsventures.co.in
| SVS Ventures IPO Details | |
| IPO opens on | 30 December 2022 |
| IPO closes on | 04 January 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 5622000 Sh /Rs 11.24 Cr |
| * Fresh Issue | 5622000 Sh /Rs 11.24 Cr |
| * Offer for Sale | – Shares /Rs (?)Crore |
| Face Value per share: | Rs. 10 |
| Price Band | Rs. 20 |
| Employee discount | Rs. 0 per share |
| Retail Lot Size | 6000 Shares |
| Listing will at | BSE Sme |
| Shares offered to | ||
| Shares | Rs. (Cr) | |
| QIB (50 %) | – | – |
| NII (15 %) | 2670000 | 5.34 |
| RII (35 %) | 2670000 | 5.34 |
| Total Shares | 5340000 | 10.68 |
| Retail portion will be oversubscribed by | 445 | |
| Forms | ||
| How much Shares to Apply? | ||
| Min Retail Application | 6000 Sh | Rs. 120000 |
| Max Retail Application | 1200 Sh | Rs. 240000 |
Promoters of the IPO
Mr. Shashikant Vedprakash Sharma
Objects of the IPO:
The Company intends to utilize the Net Fresh Issue Proceeds for funding working capital requirements.
| SVS Ventures IPO Tentative timetable | |
| IPO opens on | 30 December 2022 |
| IPO Closes on | 04 January 2023 |
| IPO Allotment on | 9 January 2023 |
| Unblocking of ASBA | 10 January 2023 |
| Credit of Shares | 11 January 2023 |
| Listing on | 12 January 2023 |
| Registered Office of SVS Ventures | |
| Block A, Office No. 1009, Mondeal Heights, Near Panchratna Party Plot, S. G. Highway, Ahmedabad 380 051, Gujarat, India | |
| IPO Lead Managers | |
| First Overseas Capital ltd | |
| Registrar to the IPO | |
| Bigshare Services Private Ltd |
| SVS Ventures IPO Financial & Analytical Ratios | ||||
| Year | Total Income | Net Profit | EPS | RoNW |
| Rs. Cr | Rs. Cr | Rs. | % | |
| 2019-20 | 13.49 | 0.25 | 3.52 | 45.74 |
| 2020-21 | 13.55 | 0.27 | 3.75 | 32.74 |
| 2021-22 | 8.68 | 1.83 | 10.81 | 69.32 |
| Book Value of the Share on | 31.03.2022 | Rs.13.51 | ||
| Book Value of the Share | after the IPO | Rs.- | ||
| Offer Price | Rs. 20 | |||
| Ratio Analysis | |
| Upper Price Band/last EPS | – |
| Upper offer price/Book Value Ratio | |
| Upper offer price/BV after IPO Ratio | |
SVS Ventures IPO Peer Comparison
| As on date of DRHP | Total | PE | RoNW |
| Income | Ratio of | ||
| Rs. In Cr | % | ||
| The IPO Company | 1.85 | ||
| Samor Reality | NA | ||
| D.B. Realty | 94.73 | ||
| Athen Constructions | NA |
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