S.J.S. Enterprises Limited IPO (SJS Enterprises IPO) Details
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.
- Leading decorative aesthetics supplier with a wide portfolio of premium products
- Strong manufacturing capabilities and established supply chain network
- Innovative product designing capabilities
- A strong relationship with global Tier-1 companies
- Strong financials
- Experienced and qualified management team
Evergraph Holdings Pte. Ltd. and K.A. Joseph. are the company promoters.
|Particulars||For the year/period ended (₹ in Millions)|
|Profit After Tax||94.96||477.65||412.85||376.01|
Objects of the Issue:
- to carry out the offer for sale of equity shares by the selling shareholders; and
- achieve the benefits of listing the equity shares on the stock exchanges.
SJS Enterprises IPO Details
|IPO Opening Date||Nov 1, 2021|
|IPO Closing Date||Nov 3, 2021|
|Issue Type||Book Built Issue IPO|
|Face Value||₹10 per equity share|
|IPO Price||₹531 to ₹542 per equity share|
|Market Lot||27 Shares|
|Min Order Quantity||27 Shares|
|Listing At||BSE, NSE|
|Issue Size||[.] Eq Shares of ₹10
(aggregating up to ₹800.00 Cr)
|Offer for Sale||[.] Eq Shares of ₹10
(aggregating up to ₹800.00 Cr)
SJS Enterprises IPO Tentative Timetable
The SJS Enterprises IPO open date is Nov 1, 2021, and the close date is Nov 3, 2021. The issue may list on Nov 15, 2021.
|IPO Open Date||Nov 1, 2021|
|IPO Close Date||Nov 3, 2021|
|Basis of Allotment Date||Nov 10, 2021|
|Initiation of Refunds||Nov 11, 2021|
|Credit of Shares to Demat Account||Nov 12, 2021|
|IPO Listing Date||Nov 15, 2021|
SJS Enterprises IPO Lot Size
The SJS Enterprises IPO market lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹190,242).
SJS Enterprises IPO Promoter Holding
|Pre Issue Share Holding||98.86%|
|Post Issue Share Holding||50.37%|