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In terms of sales in Fiscal 2020, the firm is one of the main players in the Indian decorative aesthetics market, and as of 31 March 2021, it supplied the biggest variety of aesthetics goods in India. SJS Enterprises is a “design-to-delivery” aesthetics solutions supplier capable of designing, developing, and manufacturing a diversified product portfolio for a diverse range of clients, especially in the automobile and consumer appliance sectors.
In FY2021, the firm provided over 115 million components with more than 6,000 SKUs to about 170 clients in approximately 90 locations across 20 countries. In addition to producing aesthetics items for the two-wheeler, passenger car, and consumer appliance sectors, it also makes a broad range of aesthetics products for the commercial vehicles, medical devices, agricultural equipment, and sanitary ware industries.
| Subscription Dates | 1 – 3 November 2021 |
| Price Band | INR531 – 542 per share |
| Fresh issue | Nil |
| Offer For Sale | INR800 crore |
| Total IPO size | INR800 crore |
| Minimum bid (lot size) | 27 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
FY2019 | FY2020 | FY2021 | |
Revenue | 240.8 | 221.3 | 255.2 |
Expenses | 180.5 | 166.9 | 191.0 |
Net income | 37.3 | 41.1 | 47.7 |
Margin (%) | 15.5 | 18.6 | 18.7 |
Earnings Per Share (EPS): INR15.69
Price/Earnings (PE ratio): 33.84 – 34.54
Return on Net Worth (RONW): 15.15%
Net Asset Value (NAV): INR103.56 per share
| Date | SJS IPO GMP | Kostak | Subject to Sauda |
| 9 Nov 2021 | INR15 | – | INR250 |
| 8 Nov 2021 | INR20 | – | INR300 |
| 3 Nov 2021 | INR20 | – | INR300 |
| 2 Nov 2021 | – | INR200 | – |
| 1 Nov 2021 | – | INR250 | – |
| 30 Oct 2021 | – | INR250 | – |
Company Name | Listed On | Issue Price | Listing Day Close | Listing Day Gain/Loss(%) |
S.J.S. Enterprises Limited IPO | Nov 15, 2021 | 542 | 509.85 | -5.93 |
NSE : SJS
ISIN CODE : INE284S01014
BSE : 543387
SJS Enterprises Limited
Sy No 28/P16 of Agra Village and Sy No 85/P6 of B.M Kaval Village,
Kengeri Hobli, Bangalore 560 082
Phone: +91 80 6194 0777
Email: compliance@sjsindia.com
Website: www.sjsindia.com
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: sjs.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Category | Shares Offered | Day 1 | Day 2 | Day 3 |
QIB | 30,13,183 | 0.00 | 0.00 | 1.42 |
NII | 22,59,887 | 0.01 | 0.06 | 2.32 |
Retail | 52,73,070 | 0.64 | 1.00 | 1.38 |
Total | 1,05,46,140 | 0.32 | 0.51 | 1.59 |
Angel One – Neutral
BP Wealth – Avoid
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ICICIdirect – Subscribe
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Nirmal Bang – Subscribe for long term
Samco Securities – Subscribe
SMC Global – 2/5
Ventura Securities – Not rated
IPO Opening Date: 1 November 2021
IPO Closing Date: 3 November 2021
Finalisation of Basis of Allotment: 10 November 2021
Initiation of refunds: 11 November 2021
Transfer of shares to demat accounts: 12 November 2021
Listing Date: 15 November 2021
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon
S.J.S. Enterprises Limited IPO is a main-board IPO of ₹[.] per equity shares of the face value of ₹10 aggregating up to ₹800.00 Crores. The issue is priced at ₹531 to ₹542 per equity share. The minimum order quantity is 27 Shares. The initial public offering (IPO) date Nov 1, 2021. The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the NSE and BSE.
The S.J.S. Enterprises Limited IPO opening date is Nov 1, 2021 and closing date is Nov 3, 2021.
S.J.S. Enterprises Limited IPO Market lot size is 27 Shares and the minimum order quantity is 27 Shares.
S.J.S. Enterprises Limited IPO can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
The Basis of Allotment for S.J.S. Enterprises Limited IPO will be done on Nov 10, 2021 and the allotted shares will be credited to your demat account by Nov 12, 2021. Check the S.J.S. Enterprises Limited IPO allotment status.
The S.J.S. Enterprises Limited IPO listing date is Nov 15, 2021.
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