SJS Enterprises was incorporated on June 10, 1987. The company is a “design-to-delivery” aesthetics solutions provider with the a bility to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.
| Bidding Dates |
|---|
| 01 Nov 2021 - 03 Nov 2021 |
| Subscription |
|---|
| 1.59x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,634 | 1 | 13 | 27 | 14.8 M | ₹531 - ₹542 | 51.51 % | ₹7837.6 M - ₹8000.0 M | RHP DOC |
SJS Enterprises IPO SUBSCRIPTION STATUS
03 Nov '21SJS Enterprises IPO overall subscription rate was 1.59 times the total available shares
SJS Enterprises IPO retail subscription rate was 1.38 times in the retail segment
SJS Enterprises IPO non-institutional investor subscription rate was 2.32 times in the non-institutional investor category
SJS Enterprises IPO Qualified Institutional Bidder subscription rate was 1.42 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
03 Nov 2021 (Day 3) | 1.38x | 2.32x | 1.42x |
02 Nov 2021 (Day 2) | 1x | 0.06x | 0x |
01 Nov 2021 (Day 1) | 0.64x | 0.01x | 0x |
SJS Enterprises FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) | Margins |
| Q1FY22 | 95.0 | 742.7 | 220.5 | 198.9 | 25.0% |
| FY21 | 477.7 | 2,516.2 | 579.4 | 481.7 | 31.7% |
| FY20 | 412.9 | 2,161.7 | 582.7 | 415.8 | 31.7% |
| FY19 | 376.0 | 2,372.5 | 358.3 | -81.2 | 27.1% |
SJS Enterprises IPO SUBSCRIPTION STATUS DETAILS
SJS Enterprises had 14.8 M shares on offer
SJS Enterprises IPO offer price was in the range ₹531 - ₹542
SJS Enterprises IPO minimum Investment was ₹14634
SJS Enterprises IPO issue size was ₹ 7837.6 M - ₹ 8000.0 M
SJS Enterprises had a minimum lot size of 27 Shares per application
SJS Enterprises NUMBER OF SHARES ON OFFER
SJS Enterprises IPO IMPORTANT DATES
| Issue Open Date | 01 Nov 2021 |
| Issue close Date | 03 Nov 2021 |
| Allotment Date | 10 Nov 2021 |
| Refund Date | 11 Nov 2021 |
| Demat Account Credit Date | 12 Nov 2021 |
| Listing Date | 15 Nov 2021 |
| Listing on Exchange(s) | NSE and BSE |
| SJS Enterprises Allotment Status | Exchange |
SJS Enterprises IPO subscription opened on 01 Nov 2021, and closed on 03 Nov 2021
IPO allotment for SJS Enterprises was finalized on Wednesday, 10 Nov 2021
IPO listing for SJS Enterprises was on NSE and BSE on Monday, 15 Nov 2021
SJS Enterprises IPO LISTING GAINS
| Issue Price (adjusted) | 542.0 |
| Listing Open Price | 514.0 |
| Listing Close Price | 509.9 |
| Listing Gain% | -5.2% |
| Current Gain% | 351.3% |
SJS Enterprises Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SJS Enterprises Ltd. | 2446.1 | 7445.4 | 37.3 | 0.5 | 7.8 | 19.7 | 15.3 | 972.7 | 26.6 | 170.7 | 44.9 | 65.7 | 68.9 |
| Samvardhana Motherson International Ltd. | 168.5 | 177842.4 | 40.6 | 1.3 | 1.4 | 9.4 | 3.5 | 126414.2 | 10.7 | 3859.7 | 1.5 | 4.1 | 31.9 |
| Bosch Ltd. | 42950 | 126685.7 | 45.7 | 1.2 | 6.3 | 18.7 | 12.8 | 20888.7 | 10.5 | 2773.2 | 37.6 | 940.2 | 37.6 |
| UNO Minda Ltd. | 1285 | 74204.5 | 61.7 | 3.8 | 3.6 | 17.5 | 8.7 | 19692 | 17.2 | 1197.1 | 27 | 20.8 | 16.2 |
| Tube Investments of India Ltd. | 2772 | 53658.2 | 84.3 | -16 | 2.3 | 8.2 | 3 | 23234.6 | 17.1 | 636.8 | -5.5 | 32.9 | -5.3 |
| Sona BLW Precision Forgings Ltd. | 818 | 51009.7 | 73.3 | 3.8 | 10.3 | 10.7 | 8.6 | 4572.1 | 24.2 | 640.2 | 6.5 | 11.2 | 19.2 |
SJS Enterprises INFORMATION ON IPO ISSUE
About SJS Enterprises
SJS Enterprises was incorporated on June 10, 1987. The company is a “design-to-delivery” aesthetics solutions provider with the a bility to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.
Object of the Issue
1. to carry out the offer for sale of equity shares by the selling shareholders; and
2. achieve the benefits of listing the equity shares on the stock exchanges.
SJS Enterprises - PROMOTERS
| Name |
|---|
| Evergraph Holdings |
| K.A. Joseph. |
SJS Enterprises Book Running Lead Managers
Axis Capital Limited
sjs.ipo@axiscap.in
Edelweiss Financial Services Limited
sjs.ipo@edelweissfin.com
IIFL Securities Limited
sjs.ipo@iiflcap.com
SJS Enterprises Registrar to the Offer
Link Intime India Private Limited
sjs.ipo@linkintime.co.in
SJS Enterprises Strengths
Leading decorative aesthetics supplier with a wide portfolio of premium products
Strong manufacturing capabilities and established supply chain network
Innovative product designing capabilities
Strong financials
Experienced and qualified management team
SJS Enterprises Risks
The company depends significantly on customers in the automotive industry and consumer appliance industry
The company operates in a highly competitive industry
The company does not have firm long-term commitment agreements with all the customers
IPO FAQs
This IPO consists of an offer for sale of up to Rs 800.0 crore, of 14,760,148 shares.
The promoters of the company are Evergraph Holdings and K.A. Joseph..
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 531.0 - 542.0.
The IPO application opens on Nov 01, 2021 and closes on Nov 03, 2021.
The minimum lot size for the IPO is 27. The maximum lot size for the IPO is 351.
For all category investors, the minimum application amount for this IPO is Rs. 14,634.0, the maximum value for this IPO is Rs 190,242.0.
This IPO will be allotted on Nov 10, 2021.
The refund will be credited to your account on Nov 11, 2021.
The allotted shares will be credited to your demat on Nov 12, 2021.
SJS Enterprises Ltd.’s shares listed on the stock exchanges on Nov 15, 2021.