Home » The Upcoming Initial Public Offerings(IPO)

The Upcoming Initial Public Offerings(IPO)

The Upcoming Initial Public Offerings.

The upcoming initial public offerings(IPO) are-

S.V.J. Enterprises Limited-

S.V.J. Enterprises Limited is engaged in the production and trading of honey.  The company has also started to manufacture disposable paper plates. It is engaged in the manufacturing of disposable silver laminated plates, aluminum foil food containers, aluminum laminated bags & pouches, packaging pouches, etc. The recycling of aluminum products saves energy because the products being recycled usually require much less processing to turn them into usable materials than raw resources and this reduces the emission of greenhouse gases.

The company’s products are recyclable, eco-friendly, aesthetically appealing, safe, convenient, and comparatively cheaper. The company has developed advanced technology for design, development, and manufacture in its factory at Darbhanga in Bihar. With the setup of manufacturing and honey processing plants, it has acquired certifications for Honey and other FMCG products, based on quality management systems. The promoters of the company are Mr. Suresh Ramchandra Jha and Ms. Veena Suresh Jha

The company had revenues of Rs 83.98 lakhs with a loss of 0.16 lakhs (Year ended March 31, 2020), revenues of Rs. 1.52 crores with a profit of Rs. 22.94 lakhs (Year ended March 31, 2021), and revenue of Rs. 5.03 crores with a net profit of Rs. 71.52 lakhs (Year ended March 31, 2022).

Srivasavi Adhesive Tapes Limited-

Srivasavi Adhesive Tapes Limited is an ISO 9001:2015 certified company certified by TUV Nord and engaged in manufacturing/ coating, converting, and die cuts of industrial specialty self-adhesive tapes, It does customized die cuts of films, foams, and allied products catering to various industries such as automotive, locomotives, aerospace, defense, electrical & electronics, renewable energy, print & paper, food & pharma, FMCG, white & brown goods, furniture, retail, construction, infrastructure, sports & fitness equipment, textiles & leather industries.

The company has two business divisions; domestic sales; and exports. It has a presence in 23 states for the domestic market. Internationally it supplies products in 13 countries such as Egypt, France, Indonesia, Kuwait, Poland, Qatar, Spain, Australia, Italy, South Africa, Sri Lanka, the United State of America, and UAE. The manufacturing facilities are well equipped with the required facilities including machinery; other handling equipment to facilitate a smooth manufacturing process and easy logistics

The product mix of the company has evolved over the past several years as it has entered into new product categories. Its product portfolio includes industrial specialty self-adhesive tapes, which are made out of film, foam, foil, fabric, and paper, with different kinds of adhesive systems to suit industrial applications and specification-oriented adhesive tapes. It makes filament tapes, fiberglass fabric tapes, polyester tapes, cotton fabric tapes, double-sided tapes, scrim tapes, reinforced foil tape, reinforced paper tape, high-temperature resistant polyester tapes, aluminum foil tapes, ECO-friendly paper tapes, BOPP packaging tapes, protection tapes, masking tapes, foams tapes, etc.

The promoters of the company are D.N. Anilkumara and Ashwini D.A. The objectives of the offer are to fund the working capital requirements and general corporate purposes. Listing would enhance the visibility and brand image of the company.

The company had revenues of Rs 46.34 crore with a profit of 1.01 crore (Year ended March 31, 2020), revenues of Rs. 55.66 crores with a profit of Rs. 1.87 crore (Year ended March 31, 2021), and revenue of Rs. 63.92 crores with a net profit of Rs. 3.62 crores (Year ended March 31, 2022).

Amanaya Ventures Limited-

Amanya Ventures Limited was formed with the objective of promoting SPOT buying and selling of gold across India. The company works as a bullion trader, specializing in bars and coins of various sizes and weights of gold and silver, and offers wholesale delivery of bullion to domestic users i.e. ornament manufacturers, goldsmiths, jewelers, and semi-wholesalers as well as individual customs.

Amanaya Ventures Limited has developed an app Aurel Bullion which is available at the play store and provides a digital platform to buy and sell 24k gold and silver bars and coins to retail as well as wholesale customers at the lowest possible price in an easy, simple and a transparent manner. It has also developed an E-commerce portal, www.aurelbullion.com specifically for retail customers in order to enable them to purchase 24k gold and silver bars and coins and provide to the B2B and B2C clients the Antique Jadau Jewellery which is being manufactured at Amritsar, Punjab.

The company offers the Aurel Gold purchase plan for its retail customers in order to enable them to purchase physical gold in smaller quantities in a transparent, convenient, and cost-effective manner. All the gold jewelry is hallmarked by BIS except gold jewelry weighing less than two grams which are not required to be hallmarked.

The promoter of the company is Mr. Manan Mahajan. The proceeds from the issue would be utilized for the working capital requirements and general corporate expenses.

The company had revenues of Rs 4.45 crore with a profit of 0.13 lakhs (Year ended March 31, 2020), revenues of Rs. 6.20 crores with a profit of Rs. 1.12 lakhs (Year ended March 31, 2021), and revenue of Rs. 13.25 crores with a net profit of Rs. 7.63 lakhs (Year ended March 31, 2022).

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