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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
SVS Ventures Ltd
Registered Office:
BlockA Office No 1009 SG HiWay,Mondeal Hts.Nr Panch.PartyPlot,
Ahmedabad - 380051,
Gujarat, India.
Initial public issue of 56,22,000 equity shares of face value of (Rs) 10/- each ("Equity Shares") of SVS Ventures Limited ("the Company" or "The Issuer Company") for cash at a price (Rs) 20.00/- per equity share (including a share premium of (Rs) 10.00/- per equity share) ("Issue Price") aggregating to (Rs) 11.24 crores ("The Issue"), out of which 2,82,000 equity shares of face value of (Rs) 10/- each for a cash price of (Rs) 20.00/- per equity share, aggregating to (Rs) 0.56 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. issue of 53,40,000 equity shares of face value of (Rs) 10/- each at an issue price of (Rs) 20.00/- per equity share aggregating to (Rs) 10.68 crores (is hereinafter referred to as the "Net Issue). The issue and the net issue will constitute 26.33 % and 25.01 %, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs) 10.00 each and the issue price of (Rs) 20.00 is 2.00 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Dec-22
04-Jan-23
20.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 6000     Further Multiples of : 6000
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
10.64
First Overseas Capital Ltd
Project Financed
11.24
 
Post Issue
21.35
 
Issue Price
20.00
 
Projects
To meet the working capital requirements
General corporate expenses
Promoted By
Shashikant Vedprakash Sharma
Listing At
BSE - SME
Registrar to the Issue
No Data Available!!!
.
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