SVS Ventures Limited

Company Profile
Company Name SVS Ventures Limited
Open Date 30-12-2022
Close Date 04-01-2023
Exchange BSE SME
Lot Size 6000 Shares
Issue Price ₹ 20 per share
Issue Size 56,22,000 Equity Shares
Application Amount ₹ 1,20,000
Recommendation Avoid
Company and the Erstwhile Proprietary Firm- M/s Vijay & Co. have been into the business of real estate since 2015 and 2014 years, respectively. Company is focused primarily on construction and development of residential and commercial projects, in and around Ahmedabad, Gujarat. These projects currently cater to and will continue catering to the middle income and high-income group. Currently, Company’s business focuses on residential villas and apartment development projects. Company’s Projects are marketed and sold under the brand name of “SVS Ventures (formerly known as Vijay & co.)”
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Summary of Financials (All financials in Lakh)

For the Period Ended June-22 Mar-22 Mar-21
Total Assets 2,501.07 1,245.68 1,165.01
Net Assets 2,125.33 264.51 81.14
Total Borrowings 267.49 700.95 700.95
Total Revenue 129.99 868.27 1,355.00
Profit After Tax 14.34 183.37 26.61

Tentative Timeline

Opening Date 30-12-2022
Closing Date 04-01-2023
Basis of Allotment 09-01-2023
Initiation of Refunds 10-01-2023
Credit of Shares to Demat 11-01-2023
Listing Date 12-01-2023

Objects of the Issue

To meet the Working Capital requirements
General Corporate Expenses

Contact Information

Registered Office 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/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Anchor Investor Shares Offered -
Market Maker Shares Offered 2,82,000 (5.02%)
Other Shares Offered 26,70,000 (47.49%)
Retail Shares Offered 26,70,000 (47.49%)
Total Shares Offered 56,22,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 90.49%
Post Issue Share Holding (Promoters) 66.66%

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