Springview Holdings Ltd.

General Information
Business:

We design and build residential and commercial buildings in Singapore. (Incorporated in the Cayman Islands)

We are involved in new construction, which includes demolition of an existing house to clear the site for a new house; reconstruction, which includes the replacement of a major part of a house; or additions and alterations, in which we make minor modifications to an existing house/

Our projects cover four main types of work: new construction, which entails demolition of an existing house for a new build; reconstruction, which involves replacement of a substantial part of a house; additions and alterations, in which we focus on minor changes to existing structures, and other general contracting services, including renovation and design consultation.

Note: Net income and revenue are in U.S. dollars (converted from Singapore dollars) for the year that ended Dec. 31, 2023.

(Note: Springview Holdings Ltd. priced its small IPO at $4.00 – the low end of its $4.00-to-$5.00 price range – and slightly increased the number of shares at pricing to 1.5 million shares – up from 1.25 million shares – to raise $6 million on Wednesday night, Oct. 16, 2024. Background: Springview Holdings Ltd. cut the size of its IPO to 1.25 million shares – down from 2.0 million shares – and kept the price range at $4.00 to $5.00 – to raise $6.0 million, according to an F-1/A filing dated Aug. 7, 2024. Background: Springview Holdings Ltd. filed its F-1 to go public in April 2024.)

Industry: GENERAL BUILDING CONTRACTORS - RESIDENTIAL BUILDINGS
Employees: 72
Founded: 2002
Contact Information
Address 203 Henderson Road #06-01 Henderson Industrial Park Singapore 159546
Phone Number (65) 6271 2282
Web Address https://www.springviewggl.com/
View Prospectus: Springview Holdings Ltd.
Financial Information
Market Cap $96.0mil
Revenues $10.82 mil (last 12 months)
Net Income $1.81 mil (last 12 months)
IPO Profile
Symbol SPHL
Exchange NASDAQ
Shares (millions): 1.5
Price range $4.00 - $4.00
Est. $ Volume $6.0 mil
Manager / Joint Managers AC Sunshine Securities
CO-Managers
Expected To Trade: 10/17/2024
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change