IPO

SJS Enterprises Limited IPO

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Listed On: Nov 15, 2021 at ₹ 542.00(NSE)

₹ 14634 /27 Shares

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Price Summary

Last Closing

986.20 (81.96%)

52 Week High

1,137.70

52 Week Low

552.05

Last Update

20-Sep-2024 3:30 PM

IPO Details

01 Nov, 2021

Open Date

03 Nov, 2021

Close Date

10 Nov, 2021

Allotment Date

15 Nov, 2021

Listing Date

Issue Price

₹531-542 per equity share

Face Value

₹10 Per Equity Share 

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

542.00(NSE)

Listing Date

2021-11-15

Market Lot

27 Shares (₹14,634/-)

Lead Manager

Axis Capital Limited, Edelweiss Financial Services Ltd, IIFL Securities Ltd

Issue Size

₹800 Crores Complete Offer for Sale

Retail Portion

35% (Number of Retail Applications : 1,91,300 Approx)

Subscription

1.59 times

IPO Docs

DRHP RHP

IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved29,52,02922,14,02251,66,052103,32,103
Day 1 - 01-11-21 04:30 PM0.00 x0.000.59 x0.23 x
Day 2 - 02-11-21 04:30 PM0.00 x0.060.99 x0.51 x
Day 3 - 03-11-21 05:00 PM1.42 x2.321.38 x1.59 x
Total No. of Applications: 236809 (Approx)
Retail Subscription on the basis of Applications: 1.24 times

Valuations

Earnings Per Share (EPS)

₹15.69/-

P/E Ratio

34.54

RoNW

15.15%

Net Asset Value (NAV) - As on 30.06.21

₹105.05

Company Financials All values are in ₹ Cr.

31-Mar-2131-Mar-2031-Mar-19
Assets383.54332.25304.04
Revenue255.15221.27240.76
Profit After Tax47.7641.2837.60

About The Company

SJS is one of the leading players in the Indian decorative aesthetics industry. The company is a 'design-to-delivery' aesthetics solutions provider with a diverse product offering for the automotive and consumer appliance industries. The company's product offerings include - decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminum badges, in-mold labels, or decoration parts, lens mask assembly, and chrome-plated printed, and painted injection moulded plastic parts. The company's subsidiary, Exotech, caters to requirements in the two-wheelers, passenger vehicles, consumer durables/appliances, farm equipment, and sanitary ware industries for chrome-plated, printed, and painted injection moulded plastic parts.

The company has its manufacturing facilities at Bengaluru and Pune and as of March 31, 2021, the annual production capacity of the Bengaluru and Pune facilities was 208.61 million and 29.50 million products, respectively. In FY 2021, the company and its subsidiary produced 91.94 million and 15.60 million products, respectively. The company has a global presence and supplied over 115 million parts to around 170 customers across 20 countries in FY 2021.

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- Promoter(s)

Pre Issue Share Holding: 98.86%

Post Issue Share Holding: 50.37%


Company Promoter(s)

  1. Evergraph Holdings Pte. Ltd.
  2. K.A. Joseph

IPO - Issue Objectives

  1. to carry out the offer for sale of equity shares by the selling shareholders
  2. achieve the benefits of listing the equity shares on the stock exchanges.

IPO - Anchor Investors

SJS Enterprises raises Rs 240 crore from 18 anchor investors ahead of IPO

Notable investors that participated in the anchor book were Tara Emerging Asia Liquid Fund, Societe Generale, Nomura, Goldman Sachs and Citigroup.

Domestic investors included Axis Mutual Fund, Franklin MF, Aditya Birla Sun Life Insurance, Avendus and Edelweiss also invested in the company.

IPO - FAQs

Ans. SJS Enterprises Limited IPO is a Mainboard IPO. The issue is priced at ₹531-542 per equity share. The minimum order quantity is 27 Shares. The IPO opens on Nov 1, 2021, and closes on Nov 3, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The SJS Enterprises Limited IPO opens on Nov 1, 2021 and closes on Nov 3, 2021.

Ans. The size of SJS Enterprises Limited IPO is ₹800 Crores Complete Offer for Sale.

Ans. The IPO price band is set between ₹531-542 per equity share.

Ans. To apply for SJS Enterprises Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find SJS Enterprises Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of SJS Enterprises Limited IPO is Nov 10, 2021.

Ans. The SJS Enterprises Limited IPO will be listed on Nov 15, 2021.

Ans. Follow the steps to check the allotment status for SJS Enterprises Limited IPO here.