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23 February 2023

SVJ Enterprises Limited IPO Date, Allotment, and All Details

SVJ Enterprises Limited

SVJ Enterprises is a visionary healthy life Company. Our vision is to give the finest nature- grounded products that will help consumers borrow a healthier life. Your busy, excited life can fluently make your health take a back seat. SVJ was established on 16th oct. 2009, the establishment purpose of the company is to promote selling, manufacturing, trading, recycling agrarian products.

According to the DRHP filed by the company with SEBI, its revenue grew at a CAGR of 12.73% from FY2019 to FY2021. Additionally, the company reported a positive net profit in the last three fiscal years. The company aims to expand its manufacturing capacity and market share by raising funds through the IPO.

The company carries business in India and abroad for manufacturing, buying, supplying, importing, exporting and dealing like honey products, food products, grains etc. The company does other conditioning manufacturing, trading and dealing tableware paper plates.

The product portfolio includes Disposable Silver Laminated Plates, Aluminium Foil Food holders, Aluminium Laminated Bags & sacks, and Packaging sacks. They're a pure trading and manufacturing company in terms of FMCG goods from food grains to packaged food products. They insure the loftiest situations of quality, safety, and hygiene norms in manufacturing processes and in the force chain. Read more SME IPO

Financial Performance

Parameter	March 31, 2020 (in Rs. Lakhs)	March 31, 2021 (in Rs. Lakhs)	March 31, 2022 (in Rs. Lakhs)
Total Assets	376.25	497.21	678.55
Total Revenue	83.98	152.38	503.15
Profit After Tax	-0.16	22.94	71.52

Objective of SVJ Enterprises Ltd. IPO

The primary objective of SVJ Enterprises Limited IPO is to raise funds for the following purposes:

1. To meet the working capital conditions of the company
2. To meet the Issue Charges
3. General Commercial Purpose

SVJ Enterprises Ltd. IPO Details

IPO Date	Feb 23, 2023 to Feb 28, 2023
Allotment	Mar 03, 2023
Listing Date	Mar 09, 2023
Face Value	10 per Equity share
Issue Price	₹36 Per Equity Shares
Issue Size	₹1,701,000 shares (INR ₹6.12 Crore)
Market Lot (min. Amt.)	3000 Shares ( ₹108000/-)
Listing on	BSE SME
Lead Manager	First Overseas Capital Limited
Registrar	Bigshare Services Private Limited

Company Promoters of SVJ Ltd.

The Promoters of SVJ Enterprises Limited are:

1. Mr. Suresh Jha
2. Ms. Veena Jha

As per the Draft Red Herring Prospectus (DRHP) filed by the company with SEBI, the promoter group collectively holds 85.54% of the pre-issue paid-up equity share capital of the company. After the IPO, their shareholding in the company will reduce to 59.42% of the post-issue paid-up equity share capital.

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