S.J.S. Enterprises Limited IPO Detail
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.
Competitive Strengths:
- 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
Company Promoters
Evergraph Holdings Pte. Ltd. and K.A. Joseph. are the company promoters.IPO Details
IPO Opening Date | Nov 01, 2021 |
IPO Closing Date | Nov 03, 2021 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹531 - 542 per equity share |
Market Lot | 27 Shares |
Min Order Quantity | 27 Shares |
Listing At | BSE, NSE |
Issue Size | ₹800.00 Cr |
Fresh Issue | - |
Offer for Sale | ₹800.00 Cr |
Retail Portion | 35% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | 0.00x | - | - | 0.01x | 0.64x | 0.32x |
Day 2 | 0.00x | - | - | 0.06x | 1.0x | 0.51x |
Day 3 | 1.42x | - | - | 2.32x | 1.36x | 1.58x |
IPO Tentative Timetable
The S.J.S. Enterprises Limited IPO open date is Nov 01, 2021, and the close date is Nov 03, 2021. The issue may list on Nov 15, 2021.
IPO Open Date | Nov 01, 2021 |
IPO Close Date | Nov 03, 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 |
IPO Lot Size
The S.J.S. Enterprises Limited IPO market lot size is 27 shares. A retail-individual investor can apply for up to 13 lots (351 shares or ₹190242).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 27 | ₹14634 |
Maximum | 13 | 351 | ₹190242 |
IPO Promoter Holding
Pre Issue Share Holding | 98.86% |
Post Issue Share Holding |
Company Financials:
For the year/period ended (₹ in Crs)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 383.544 | 255.154 | 47.765 |
31-Mar-20 | 332.255 | 221.273 | 41.285 |
31-Mar-19 | 304.049 | 240.763 | 37.601 |
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.