Incorporated in 2009, SVJ Enterprises Limited is engaged in the manufacturing of Disposable paper plates. Earlier, they were in the production and trading of honey.
The company has earned high recognition in the markets of disposable products by providing high-quality products to customers. Aluminimum is a wholly recyclable material that too without any loss of its intrinsic properties. The processing of aluminum products consumes lesser energy as compared to raw resources. Hence, the entity is keeping its vision aligned with environmental safety and finding the best replacement of plastic products.
The product portfolio of the company revolves around the manufacturing of:
- Disposable Silver Laminated Plates
- Aluminium Foil Food Container
- Aluminium Laminated Bags & Pouches
- Packaging Pouches
They have a well-equipped infrastructure to carry out all types of job tailor-made to customer requirements as per international standards. The company offers high-quality of materials, scheduled delivery time, cost-effective products, efficient sales and services, and competitive prices at all times.
The promoters of the company are CA Suresh Jha and Mrs. Veena Jha. They are the guiding force behind the success of the entity and offer their expertise such that the company thrives in every aspect.
Company Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-20 | 376.25 | 83.98 | -0.16 | 210.26 |
| 31-Mar-21 | 497.81 | 152.38 | 22.94 | 233.20 |
| 31-Mar-22 | 678.55 | 503.15 | 71.52 | 304.72 |
| 30-Jun-22 | 670.44 | 103.94 | 29.12 | 333.84 |
| Amount in ₹ Lakhs |
Objects of the Issue
The Objects of the Issue are:
- To meet the working capital requirements of the company
- To meet the Issue Expenses
- General Corporate Purpose
SVJ Enterprises IPO Details
| IPO Date | Feb 23, 2023 to Feb 28, 2023 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | ₹36 per share |
| Lot Size | 3000 Shares |
| Issue Size | 1,701,000 shares of ₹10 (aggregating up to ₹6.12 Cr) |
| Fresh Issue | 1,701,000 shares of ₹10 (aggregating up to ₹6.12 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| NII (HNI) Shares Offered | 50% of the Net Issue |
| Retail Shares Offered | 50% of the Net Issue |
| Company Promoters | Mr. Suresh Jha and Ms. Veena Jha are the Promoters of the company. |
SVJ Enterprises IPO Tentative Timetable
SVJ Enterprises IPO opens on Feb 23, 2023, and closes on Feb 28, 2023. The SVJ Enterprises IPO bid date is from Feb 23, 2023 10.00 A.M. to Feb 28, 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 | Feb 23, 2023 |
| Closing Date | Feb 28, 2023 |
| Basis of Allotment | Mar 3, 2023 |
| Initiation of Refunds | Mar 6, 2023 |
| Credit of Shares to Demat | Mar 8, 2023 |
| Listing Date | Mar 9, 2023 |
SVJ Enterprises IPO Lot Size
The SVJ Enterprises IPO lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹108,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹108,000 |
| Retail (Max) | 1 | 3000 | ₹108,000 |
| HNI (Min) | 2 | 6,000 | ₹216,000 |
SVJ Enterprises IPO Promoter Holding
| Pre Issue Share Holding | 85.54% |
| Post Issue Share Holding | 59.42% |
SVJ Enterprises IPO Prospectus
Company Contact Information
SVJ Enterprises Limited
002, A-Wing, Sonam Palace CHS,
Old Golden Nest Phase 1, New Golden Nest Road,
Bhayander East, Thane 401105
Phone: +91-9869057304
Email: info@svjenterprises.co.in
Website: http://svjenterprises.co.in/
SVJ Enterprises IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com