SJS Enterprises IPO description – The company is one of the leading players in the Indian decorative aesthetics industry in terms of revenue in Fiscal 2020 and as at 31 March 2021, offered the widest range of aesthetics products in India. SJS Enterprises is 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.
The company supplied over 115 million parts with more than 6,000 SKUs in FY2021 to around 170 customers in approximately 90 cities across 20 countries. In addition to manufacturing aesthetics products that cater to the requirements for two-wheeler, passenger vehicle and consumer appliance industries, it also manufactures a wide range of aesthetics products that cater to the requirements of the commercial vehicles, medical devices, farm equipment and sanitary ware industries. Its product offerings include decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes, overlays, aluminium badges, “In-mould” label or decoration parts (IML/IMD), lens mask assembly and chrome-plated, printed and painted injection moulded plastic parts.
The company also offers a variety of accessories for the two-wheelers’ and passenger vehicles’ aftermarket under “Transform” brand. Its key customer base includes:
- Automotive original equipment manufacturers (OEMs) such as Suzuki, Mahindra & Mahindra, John Deere, Volkswagen, Honda Motorcycle, Bajaj Auto, Royal Enfield and TVS Motors
- Tier-1 automotive component suppliers such as Marelli, Visteon and Mindarika
- Consumer durables/appliances manufacturers such as Whirlpool, Panasonic, Samsung, Eureka Forbes, Godrej and Liebherr
- Medical devices manufacturers such as Sensa Core
- Sanitary ware manufacturers such as Geberit
Promoters of SJS Enterprises – Evergraph Holdings Pte Ltd and Ka Joseph
SJS Enterprises IPO offer details
| Subscription Dates | 1 – 3 November 2021 |
| Price Band | INR531 – 542 per share |
| Fresh issue | Nil |
| Offer For Sale | INR800 crore |
| Total IPO size | INR800 crore |
| Minimum bid (lot size) | 27 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
SJS Enterprises’ Financial Performance (in INR crore)
| FY2019 | FY2020 | FY2021 | |
| Revenue | 240.8 | 221.3 | 255.2 |
| Expenses | 180.5 | 166.9 | 191.0 |
| Net income | 37.3 | 41.1 | 47.7 |
| Margin (%) | 15.5 | 18.6 | 18.7 |
More about SJS Enterprises IPO Offer
- SJS Enterprises raises INR240 crore from 18 anchor investors
- SJS Enterprises IPO RHP
- SJS Enterprises IPO DRHP
Valuation of SJS Enterprises (as of FY2021)
Earnings Per Share (EPS): INR15.69
Price/Earnings (PE ratio): 33.84 – 34.54
Return on Net Worth (RONW): 15.15%
Net Asset Value (NAV): INR103.56 per share
SJS Enterprises IPO GMP Daily Trend
| Date | SJS IPO GMP | Kostak | Subject to Sauda |
| 13 Nov 2021 | INR40 | – | – |
| 12 Nov 2021 | INR50 | – | – |
| 11 Nov 2021 | INR25 | – | – |
| 10 Nov 2021 | INR15 | – | INR250 |
| 9 Nov 2021 | INR15 | – | INR250 |
| 8 Nov 2021 | INR20 | – | INR300 |
| 3 Nov 2021 | INR20 | – | INR300 |
| 2 Nov 2021 | – | INR200 | – |
| 1 Nov 2021 | – | INR250 | – |
| 30 Oct 2021 | – | INR250 | – |
SJS Offer Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | 30,13,183 | 0.00 | 0.00 | 1.42 |
| NII | 22,59,887 | 0.01 | 0.06 | 2.32 |
| Retail | 52,73,070 | 0.64 | 1.00 | 1.38 |
| Total | 1,05,46,140 | 0.32 | 0.51 | 1.59 |
SJS Enterprises Offer Reviews – Subscribe or Avoid?
Angel One – Neutral
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth – Avoid
Canara Bank Securities – Subscribe for long term
Choice Broking – Subscribe with caution
Elite Wealth –
GEPL Capital –
Hem Securities – Subscribe
ICICIdirect – Subscribe
IDBI Capital –
KR Choksey –
Marwadi Financial Services – Subscribe
Motilal Oswal –
Nirmal Bang – Subscribe for long term
Religare Broking –
Samco Securities – Subscribe
SMC Global – 2/5
Ventura Securities – Not rated
Registrar of SJS Enterprises IPO
Link Intime India Private Limited
C-101, 1st Floor,
247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in
SJS Enterprises Contact Details
SJS Enterprises Limited
Sy No 28/P16 of Agra Village and Sy No 85/P6 of B.M Kaval Village,
Kengeri Hobli, Bangalore 560 082
Phone: +91 80 6194 0777
Email: [email protected]
Website: www.sjsindia.com
SJS IPO Allotment Status
SJS Enterprises IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.
Listing Performance of SJS Enterprises
IPO Opening Date: 1 November 2021
IPO Closing Date: 3 November 2021
Finalisation of Basis of Allotment: 10 November 2021
Initiation of refunds: 11 November 2021
Transfer of shares to demat accounts: 12 November 2021
Listing Date: 15 November 2021
Opening Price on NSE: INR542 per share (no change from IPO price)
Closing Price on NSE: INR 510 per share (down 5.90% from IPO price)
SJS Enterprises IPO FAQs
How many shares HNIs and retail investors are entitled to in SJS Enterprises IPO?
The investors’ portion for QIB-50%, NII-15%, and Retail-35%.
How to apply in SJS Enterprises Public Offer?
The best way to apply in SJS Enterprises IPO is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is SJS Enterprises Offer Size?
SJS Enterprises offer size is INR800 crore at the upper price band.
What is SJS Enterprises IPO Price Band?
SJS Enterprises IPO Price Band is INR531 – 542 per share .
What is the lot size of SJS Enterprises IPO?
SJS Enterprises IPO lot size and the minimum order is 27 shares.
What is SJS Enterprises IPO Allotment Date?
SJS IPO allotment date is 10 November 2021. The allotted shares will be credited to demat account by 12 November 2021.
What is SJS Enterprises IPO GMP today?
SJS Enterprises IPO GMP is INR40 per share.
What is SJS Enterprises IPO kostak rate today?
SJS Enterprises kostak rate today is NA per application.
What is SJS Enterprises Subject to Sauda rate rate today?
SJS Enterprises Subject to Sauda rate today is NA per application.
