SJS Enterprises IPO Details

SJS Enterprises IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Allotment Status

About SJS Enterprises

S.J.S. Enterprises is one of the leading players in the Indian decorative aesthetics industry in terms of revenue in Fiscal 2020 and as at March 31, 2021, offered the widest range of aesthetics products in India. S.J.S. Enterprises is a “design-to-delivery” esthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.

The company supplied over 115 million parts with more than 6,000 SKUs in Fiscal 2021 to around 170 customers in approximately 90 cities across 20 countries. S.J.S. Enterprises differentiate themselves on the basis of the wide range of the product portfolio, quality of the product offerings, the product design and development capabilities, and the strength of the relationships with customers located across various industries globally.

In addition to manufacturing aesthetics products that cater to the requirements for a two-wheeler, passenger vehicle, and consumer appliance industries, SJS also manufactures a wide range of aesthetics products that cater to the requirements of commercial vehicles, medical devices, farm equipment, and sanitary ware industries. The product offerings include decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminum badges, “In-mould” label or decoration parts (“IML/IMD(s)”), lens mask assembly, and chrome-plated printed and painted injection moulded plastic parts. SJS also offer a variety of accessories for the two-wheelers’ and passenger vehicles’ aftermarket under our “Transform” brand.

The key customer base includes:

  • well-known automotive original equipment manufacturers (“OEMs”) such as Suzuki, Mahindra & Mahindra, John Deere,
    Volkswagen, Ashok Leyland, Honda Motorcycle, Bajaj Auto, Royal Enfield and TVS Motors;
  • Tier-1 automotive component suppliers such as Marelli, Visteon, Brembo and Mindarika;
  • well-known consumer durables/appliances manufacturers such as Whirlpool, Panasonic, Samsung, Eureka Forbes, Godrej
    and Liebherr;
  • medical devices manufacturers such as Sensa Core; and
  • sanitary ware manufacturers such as Geberit.

SJS has developed long-standing relationships with several customers. As at June 30, 2021, the company’s relationship with
its 10 largest customers in terms of revenue averaged approximately 15 years. SJS believe that this is attributable to the
collaborative design and product development approach and high product quality.

Important Details – SJS Enterprises

DateDetails
June 10, 1987The company was originally incorporated as a partnership firm in the name of “SJS Enterprises”
June 21, 2005SJS Enterprises was registered as a private limited company in the name of “S.J.S. Enterprises Private Limited”.
April 28, 2021The company was converted into a public limited company
June 4, 2021consequent upon conversion, recording the change in the name of the company to “S.J.S. Enterprises Limited”.

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 Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in Millions)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 3,835.44 3 ,322.55 3,040.49
Total income 2,551.54 2,212.73 2,407.63
Total Expenses 1,909.76 1,669.23 1,804.81
Profit After Tax 477.65 412.85 376.01

SJS Enterprises IPO Price – Details

Details SJS IPO Details
Public IssueInitial Public Offer of  up to [.] Equity Shares aggregating upto Rs. 8,000 Million
Issue Open  Date01-Nov-21
Issue Close Date03-Nov-21
Issue TypeBook Building
IPO Price Band₹ 531 – ₹ 542
Face Value ₹ 10
Market Lot 27 Equity Shares and in multiples thereof
Minimum Order Quantity 27 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolSJS
IPO Market Timings 10.00 a.m. to 5.00 p.m.

SJS Enterprises IPO DRHP & RHP

SJS Enterprises IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum127 ₹ 14,634
Maximum13351 ₹ 1,90,242

SJS Enterprises IPO Lead Managers

  • Axis Capital Limited
  • Edelweiss Financial Services Limited
  • IIFL Securities Limited

SJS Enterprises IPO Registrar

SJS Enterprises IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on01-Nov-21
Bid / Offer Closes on03-Nov-21
Finalisation of Basis of Allotment10-Nov-21
Initiation of refunds 11-Nov-21
Credit of the Equity Shares12-Nov-21
Listing Date15-Nov-21

Company Peers – Comparison of Accounting Ratios

There are no listed companies in India that engage in a business similar to that of the company. Accordingly, it is not possible to provide an industry comparison in relation to the company.

Company Registered and Corporate Office

Sy No 28/P16 of Agra Village and
Sy No 85/P6 of B.M Kaval Village,
Kengeri Hobli,
Bangalore 560 082,
Karnataka, India
Website: www.sjsindia.com

Company Promoters

  • Evergraph Holding Pte.Ltd
  • K.A.Joseph

SJS Enterprises IPO – FAQS

What is the SJS Enterprises IPO Price?

The SJS Enterprises IPO price band is ₹ 531 – ₹ 542 per share

When SJS Enterprises IPO will open?

The SJS Enterprises IPO opens on Nov 01, 2021 and closes on Nov 03, 2021

What is the lot size of SJS Enterprises IPO?

The SJS Enterprises IPO lot size is 27 Equity Shares and the minimum order quantity is 27 Equity Shares

Who is the Registrar for SJS Enterprises IPO?

The Registrar for SJS Enterprises IPO is Link Intime India Private Limited

How to apply in SJS Enterprises IPO through UPI?

Check the step by step process here – Click here

How to apply in SJS Enterprises IPO through Zerodha?

Check the step by step process here – Click here

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