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Yeh IPO kya kahta hai? S J S ENTERPRISES LIMITED

All that you should know about the Company before applying for the IPO.

November 01, 2021     
 

The public issue of equity shares of S J S Enterprises Limited will open for subscription on November 01, 2021 and closes on November 03, 2021 It is expected to list on the stock exchanges on November 15, 2021 What does the company do? Why is the company going public? Who are its key competitors? Its key strengths, and lot more. Here’s everything that you want to know about the company to analysis the IPO.

Company Profile

Incorporated on 21 June, 2005. It is one of the leading players in the Indian decorative aesthetics industry a "design-to-delivery" aesthetics 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. Supplies on average in 90 cities across 20 countries. It differentiates on the basis of the wide range of product portfolio, quality of product offerings, product design and development capabilities and the strength of relationships with customers located across various industries globally.

Addition to manufacturing aesthetics products that cater to the requirements for two-wheeler, passenger vehicle and consumer appliance industries, it also manufacture a wide range of aesthetics products that cater to the requirements of the commercial vehicles, medical devices, farm equipment and sanitary ware industries.

Who are the Promoters of the Company?

Evergraph Holdings pte. Ltd. & K A Joseph.

Positives about the Company

  • Leading aesthetics solution provider with an extensive suite of premium products in a growing industry.
  • Strong manufacturing capabilities supported by an established supply chain and delivery mechanism.
  • Strong innovation and product design and development capabilities.
  • Long-standing customer relationships.
  • Strong financial position and track record of financial performance.
  • Experienced and qualified management team.

Who are its key competitors?

No listed peers in India

Why is the Company going public?

Given below are the objectives of the Company –

  • Achieve the benefits of listing the Equity Shares.
  • Enhance visibility and brand image.

The Offer is a 100% Offer for Sale issue. The Company will not receive any proceeds from the Offer for Sale and all proceeds from the Offer will go to the Selling Shareholders.

IPO Details

IPO Size ₹ 800 Crore
Offer Mix 100% Offer For Sale
Price Band ₹ 531 - ₹ 542
Lot Size 27 Shares (& in multiples thereof)
Face Value ₹ 10
Application Amount Min. 14634 ₹(1 lot) | Max. ₹ 190242 (13 lots) [at upper price band]
Listing on NSE & BSE
Registrar Link Intime India Private Limited
Cut-off time for UPI Mandate Confirmation 08-Nov-2021 (up to 12:00 PM)

Category Wise Availability

QIB ₹ 400.00 Crore
(50% of the Issue Size)
NIB ₹ 120.00 Crore
(15% of the Issue Size)
Retail ₹ 280.00 Crore
(35% of the Issue Size)

Indicative Issue Timeline

Activity Date
IPO Opens November 01, 2021
IPO Closes November 03, 2021
Finalization of the basis of allotment November 10, 2021
Unblocking of funds / Initiation of refunds November 11, 2021
Credit of equity shares to Demat accounts November 12, 2021
Listing of equity shares November 15, 2021
Source: Company RHP
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