Yeh IPO kya kahta hai? S J S ENTERPRISES LIMITED
All that you should know about the Company before applying for the IPO.
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 |
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