SVS Ventures Ltd - IPO

SVS Ventures Ltd IPO Details

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.

Objective of issue

To meet the working capital requirements. General corporate expenses.

SVS Ventures Ltd Contact Details

SVS Ventures Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - svsventures87@gmail.com

Website - www.svsventures.co.in