SJS Enterprises IPO

SJS Enterprises Ltd.

IPO Listing Details

Listed On

BSE & NSE

Listed On

Issue Price

₹542

Issue Price

Listing Price

₹540

Listing Price

Listing Gains

-₹2.00 (-0.37%)

Listing Gains

IPO Details

Bidding Dates

01 Nov - 03 Nov '21

Bidding Dates

Min. Investment

₹14,337

Min. Investment

Lot Size

27.00

Lot Size

Price Range

₹531 - ₹542

Price Range

Issue Size

800 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
    1.38x
  • Non-Institutional Investor
    2.32x
  • Qualified Institutional Buyers
    1.42x
  • Employees


About Company

SJS is a leading player in the Indian aesthetics industry. They offer a wide range of products that cater to the various needs of their customers, such as body graphics, 3D badges, stickers, and overlays. SJS has been acknowledged as a leading producer of high-quality components and systems for over two decades, and has been working with some of the best names in the industry. SJS places great emphasis on Human Relations. It is a philosophy that has helped build a family of over 450 strong employees and its customers.

Why should you invest in SJS Enterprises Ltd. IPO?

The company stands out from the rest due to the various factors that make up their product portfolio. That includes their quality of products and services, the ability to develop and deliver innovative solutions, and how they maintain the relationships with their all stakeholders. Ever since 1996, SJS has been working with leading global companies such as Motorola, Visteon, and Whirlpool. Its ability to provide innovative solutions and impeccable quality has made it a preferred partner of the global majors.


SJS Enterprises Ltd. IPO - SWOT Analysis

Strengths:

SJS has a dedicated team that focuses on new product development. Their products are subjected to strict quality checks and testing in various facilities before they are dispatched. Recently, the company took over Exotech Plastics.

Weaknesses:

The industry in which the company operates sees cut-throat competition. Having said that, the company does not have agreements for a very long period with its suppliers. Even the customers are not bound to purchase from the brand.

Opportunities:

SJS Enterprises has the ability to provide uniquely designed products to the consumers. With heavy capacity to manufacture and serve a large number of customers, the brand has an opportunity to grow further.

Threats:

Sjs Enterprises’ financial strength and credit risk are relative to the industry's. In the last recession phase that hit the industry, the company had shrunk. This is considerable risk to account for since the next recession could have a significant impact on the company.



How to apply for SJS Enterprises Ltd. IPO?

You can apply for the SJS Enterprises Ltd. IPO in these ways:

UPI
Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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SJS Enterprises Ltd. IPO FAQs

1.What is the issue size and share price of this offering?

The issue size of this book-built offering is around ₹ 8 billion. The range of share price is set to squeeze somewhere within ₹ 531 to ₹ 542. The FV per unit is ₹10.

2.Where will the shares of SJS Enterprises be listed and when?

The shares of SJS Enterprises will be listed on both NSE and BSE on the15th of November, 2021.

3.Who are the lead managers to the issue?

The three lead managers to this offering are Axis Capital Ltd., Edelweiss Financial Services Ltd., and IIFL Securities Ltd.

4.How much can I invest in this IPO?

As a retail investor, one can apply for 1 to 13 lots. Considering the highest price in the range, one needs at least INR14,634. Maximum investment for this IPO could be INR190,242.

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