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Springview Holdings Priced, Nasdaq: SPHL

Designs and constructs residential and commercial buildings in Singapore.

Industry: Real Estate

Latest Trade: $4.91 +0.52 (+11.8%)

First Day Return: +6.3%

Return from IPO: +9.8%

Industry: Real Estate

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house. For A&A work, we focus on minor modifications to existing structures within an existing building’s requirements. We also provide other general contracting services, such as renovation and design consultation for our customers. Through conversations with our clients to understand their vision and budget constraints, we assist them in developing a feasible design concept. Our projects are carried out in either (a) design and build mode or (b) construction mode. For construction mode, we act only in the role of a contractor. For the design and build role, we collaborate with associated architectural firms to deliver tailored solutions consisting of conceptualized design drawings and detailed implementation plans which we then execute with the joint efforts of our experienced design team and construction team.
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IPO Data
IPO File Date 04/05/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/17/2024
Offer Price $4.00
Price Range $4.00 - $5.00
Offer Shares (mm) 1.5
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
AC Sunshine Securities
Company Data
Headquarters Singapore
Founded 2002
Employees at IPO 72
Website www.springviewggl.com

Springview Holdings (SPHL) Performance