SJS Enterprises IPO GMP - Grey Market Premium
Today we will talk about "SJS Enterprises" one of the leading players in the Indian decorative aesthetics industry. The company wants to raise around Rs 800 crore through IPO. Know everything about SJS Enterprises IPO - SJS Enterprises IPO Date, SJS Enterprises IPO Review, All important dates, Benifits and Risk. We will update Gray Market Premium everyday. Also, all the information related to SJS Enterprises IPO like price band, all dates, issue size and retail portion ,etc. Everytihing about SJS Enterprises IPO is given below.
SJS Enterprises IPO Details
We will know about SJS Enterprise IPO. SJS Enterprises IPO Open on 01 November 2021 and close on 03 November 2021. SJS Enterprise is one of the leading players in the field of the Indian Decorative Aesthetics Industry. The company wants to raise Rs 800 crore through IPO (Initial Public Offering) under offer for sale. SJS Enterprise Price band is ₹531 - ₹542.
SJS Enterprises IPO Listing Date is 15 November 2021. The IPO of SJS Enterprises will be listed on NSE and BSE. Although the price band, issue size, lot size has been officially announced. The information given is on the basis of RHP filed by SJS Enterprises.
What is SJS Enterprises GMP?
SJS Enterprises IPO GMP is ₹15.
What is the SJS Enterprises IPO Price Band?
SJS Enterprises IPO Price band is ₹531 to ₹542.
What is SJS Enterprises IPO Expected Return?
SJS Enterprises IPO Expected Returns is -%.
About SJS Enterprises
SJS Enterprise provides a diverse product offering and aesthetics solutions for the automotive and consumer appliance industries. The company's wide product line includes decals and body graphics, 2D applications and dials, 3D applications and dials, 3D Luxe badges, domes, overlays, aluminum badges, in-mold labels, or decoration parts, lens mask assemblies, and chrome-plated Printed, and painted injection molding plastic parts, etc. "Exotec", a subsidiary of SJS Enterprise Ltd., manufactures various types of vehicles (including two-wheelers, passenger vehicles, etc.), consumer durable equipment, agricultural equipment, and chrome-plated parts for the needs of industries.
In India, SJS Enterprise has its manufacturing facilities in Bangalore and Pune. If reports are to be believed, as of March 31, 2021, the Bengaluru and Pune facilities had an annual production capacity of approximately 208.61 million and 29.50 million products. The company's presence is not only in India but the company also has a global presence. The company has supplied over 115 million parts to approximately 170 more customers in 20 countries in FY 2021, reflecting the company's international presence.
Official Website: SJS Enterprises Limited
Purpose of the offer
- To make repayment/prepayment of loans of the Company.
- For general corporate purposes.
SJS Enterprises GMP Today (Grey Market Premium)
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| 08 November | ₹20 | ₹- | ₹- |
| 07 November | ₹20 | ₹- | ₹- |
| 06 November | ₹20 | ₹- | ₹- |
| 05 November | ₹20 | ₹- | ₹- |
| 04 November | ₹20 | ₹- | ₹- |
| 03 November | ₹25 | ₹- | ₹- |
| 02 November | ₹25 | ₹- | ₹- |
| 01 November | ₹25 | ₹- | ₹- |
| 31 October | ₹25 | ₹- | ₹- |
| 30 October | ₹25 | ₹- | ₹- |
| 29 October | ₹30 | ₹- | ₹- |
| 28 October | ₹- | ₹- | ₹- |
SJS Enterprises IPO Date and Price Band Details
SJS Enterprises IPO open date: 01 November 2021. Closing date: 03 November 2021. And Listing date: 15 November 2021. The price band of SJS Enterprises IPO is ₹531 to ₹542 per share. SJS Enterprises IPO issue size is Rs 800 crores. SJS Enterprises Ipo retails portion is 35%, QIB Portion is 50%, and NII Portion 15%.
| IPO Open: | 01 November 2021 |
| IPO Close: | 03 November 2021 |
| Listing Date: | 15 November 2021 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹800 Cr. |
| Fresh Issue: | N/A. |
| Offer For Sale: | Approx ₹800Cr. |
| Price Band: | ₹531 to ₹542 per share |
| Face Value: | ₹10 / Equity share |
| PE: | -- |
| Equity: | Shares |
| Retail Portion: | 35% |
SJS Enterprises IPO Market Lot & Size
SJS Enterprises IPO's minimum lot size is 27 shares with ₹14,634 application amount and the maximum lot size is 351 shares with ₹190,242 application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | 27 Shares |
| Minimum Amount: | ₹14,634 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 351 Shares |
| Maximum Amount: | ₹190,242 |
SJS Enterprises IPO Allotment & Listing Date
| Ipo Opening Date: | 01 November 2021 |
| IPO Closing Date: | 03 November 2021 |
| Basis of Allotment: | 10 November 2021 |
| Refund Date: | 11 November 2021 |
| Credit to Demat Account: | 12 November 2021 |
| Listing Date: | 15 November 2021 |
SJS Enterprises IPO Review
HappiestPost View: Company's financials are looking good and the company operates in a unique sector, so can apply for listing good listing gain also for Long Term.
Anil Singhvi Review: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
Strength
- The company operates in a unique sector and the company made a profit of ₹47 Crores in FY2021.
- SJS Enterprises is one of the leading Decorative Aesthetics suppliers in India with a wide portfolio.
- The company has a strong manufacturing capability and an established supply chain network.
- SJS Enterprises has innovative product designing capabilities that give the company an edge.
- SJS Enterprises has strong associations not only with India but also with global Tier-1 companies.
- The company's financials have been good in the last three years.
- SJS Enterprises has an experienced and qualified management team.
Risks
- The company needs to reduce its expenditure which was ₹180 crores in FY2019, ₹167 in FY 2020, and ₹191 crores in FY 2021.
- The company's profit has been affected due to the Covid-19 pandemic
SJS Enterprises Financials
SJS Enterprises Financials (INR in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2019 | ₹304 | ₹240 | ₹37.6 |
| 2020 | ₹332 | ₹221 | ₹41.2 |
| 2021 | ₹383 | ₹255 | ₹47.7 |
Promotors
The promoters of the company are:
- Evergraph Holdings Pte. Ltd.
- K.A. Joseph
SJS Enterprises Contact Details
S.J.S. Enterprises Limited
Sy No 28/P16 of Agra Village and
Sy No 85/P6 of B.M Kaval Village
Kengeri Hobli, Bangalore 560 082,
Email: compliance@sjsindia.com
Website: https://www.sjsindia.com/index.php
Lead Managers
- Axis Capital Limited
- Edelweiss Financial Services Ltd
- IIFL Securities Ltd
SJS Enterprises IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: sjs.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Conclusion
Looking at the financial overview of the company, the company has continuously increased its profit. You can go for good listings and apply for a longer tenure. The company operates in a unique business sector. The company has a presence not only in the country but also at the international level. Before applying, you should do further research of the company so that you can make a better decision.
FAQs About SJS Enterprises Ipo
What is the opening date of SJS Enterprises IPO?
SJS Enterprises IPO's opening date is 01 November 2021.
What is SJS Enterprises IPO GMP Today?
SJS Enterprises IPO GMP is ₹25 as of today.
What is the SJS Enterprises IPO Closing date?
SJS Enterprises IPO Closing date is 03 November 2021.
What is the SJS Enterprises IPO allotment date?
SJS Enterprises IPO allotment date is 10 November 2021.
What is the SJS Enterprises IPO listing date?
SJS Enterprises IPO listing date is 15 November 2021.
What is the SJS Enterprises IPO Price band?
SJS Enterprises IPO price band is ₹531 to ₹542.
What is SJS Enterprises IPO Expected Returns after Listing?
SJS Enterprises IPO Expected Returns is 20% to 30%.
Read More:
For other important information related to the stock market and Grey Market Premium, Costak rate, you can click on the links given below.
How to Apply the SJS Enterprises Ltd IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a Desktop user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO name "SJS Enterprises Ltd".
4. Then, Click on Bid Button.
5. Then, Enter your UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- SJS Enterprises IPO official details announced. You can check out the SJS Enterprises IPO Grey Market Premium (SJS Enterprises IPO GMP) every day in the Grey Market Premium section. You can visit our page for daily SJS Enterprises IPO grey market premium and Other important updates.
We hope you like this article about SJS Enterprises IPO. If you have a query about SJS Enterprises IPO Please post a comment.
Thanks For Visiting & Happy Investing.
0 Comments
We are waiting for your comments. 💙