SVJ Enerprises Ltd. has announced public offering of 1701000 shares at a price of Rs 26.00 each for Cash at a Premium of Rs 10.00 per share. The gross proceeds of the issue are expected to be Rs 612.36 lakhs.
The company's initial public offer (IPO) will open on 23 February 2023 and is expected to close on 28 February 2023, subject to customary closing conditions.
The IPO includes a fresh Issue of 1701000 Equity Shares of the Company at an price of Rs 36.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 3000 shares with bids in multiples of 3000.
SVJ Enerprises Ltd. anticipates using the proceeds of the issue for .
FIRST OVERSEAS CAPITAL LIMITED as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.