Bookbuilding IPO | ₹800 Cr | Listed at BSE, NSE | Mon, Nov 1, 2021 - Wed, Nov 3, 2021
S.J.S.Enterprises IPO is a book build issue of ₹800.00 crores. The issue is entirely an offer for sale of 1.48 crore shares of ₹800.00 crore.
S.J.S.Enterprises IPO bidding started from Nov 1, 2021 and ended on Nov 3, 2021. The allotment for S.J.S.Enterprises IPO was finalized on Nov 10, 2021. The shares got listed on BSE, NSE on Nov 15, 2021.
S.J.S.Enterprises IPO price band is set at ₹542 per share. The lot size for an application is 27. The minimum amount of investment required by an retail is ₹14,634 (27 shares) (based on upper price). The lot size investment for sNII is 14 lots (378 shares), amounting to ₹2,04,876, and for bNII, it is 69 lots (1,863 shares), amounting to ₹10,09,746.
Axis Capital Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Refer to S.J.S.Enterprises IPO RHP for detailed Information.
IPO Open
Mon, Nov 1, 2021
IPO Close
Wed, Nov 3, 2021
Issue Price
₹542 per share
Market Cap (Pre-IPO)
₹1,649.73 Cr
| IPO Date | 1 to 3 Nov, 2021 |
| Listed on | Mon, Nov 15, 2021 |
| Face Value | ₹10 per share |
| Price Band | ₹531 to ₹542 |
| Issue Price | ₹542 per share |
| Lot Size | 27 Shares |
| Sale Type | OFS only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,47,60,146 shares (agg. up to ₹800 Cr) |
| Offer for Sale | 1,47,60,146 shares of ₹10 (agg. up to ₹800 Cr) |
| Share Holding Pre Issue | 3,04,37,904 shares |
| Share Holding Post Issue | 3,04,37,904 shares |
| BSE Script Code / NSE Symbol | 543387 / SJS |
| ISIN | INE284S01014 |
S.J.S.Enterprises IPO comprises a total issue size of 1,47,60,146 shares. Out of which, 73,80,072 (50.00%) are allocated to QIB, 22,14,022 (15.00%) allocated to NII 51,66,052 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 73,80,072 | 50.00% | NA |
| − Anchor Investor Shares Offered | 44,28,043 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 29,52,029 | 20.00% | NA |
| NII (HNI) Shares Offered | 22,14,022 | 15.00% | NA |
| Retail Shares Offered | 51,66,052 | 35.00% | 1,91,335 |
| Total Shares Offered | 1,47,60,146 | 100.00% |
Investors can bid for a minimum of 27 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 27 | ₹14,634 |
| Retail (Max) | 13 | 351 | ₹1,90,242 |
| S-HNI (Min) | 14 | 378 | ₹2,04,876 |
| S-HNI (Max) | 68 | 1,836 | ₹9,95,112 |
| B-HNI (Min) | 69 | 1,863 | ₹10,09,746 |
S.J.S.Enterprises IPO raises ₹240.00 crore from anchor investors. S.J.S.Enterprises IPO Anchor bid date is October 29, 2021.
📝 Anchor Investors Letter (PDF)
| Bid Date | Fri, Oct 29, 2021 |
| Shares Offered | 44,28,043 |
| Anchor Portion (₹ Cr.) | 240.00 |
| Anchor lock-in period end date for 50% shares (30 Days) | Fri, Dec 10, 2021 |
| Anchor lock-in period end date for remaining shares (90 Days) | Tue, Feb 8, 2022 |
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:
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To carry out the Offer for Sa le of up to 14,760,146* Equity Sha res by the Selling Sha reholders | |
| 2 | Achieve the benefits of listing the Equity Sha res on the Stock Excha nges |
The SJS Enterprises IPO is subscribed 1.59 times on November 3, 2021 5:00:00 PM (Day 3). The public issue subscribed 1.38 times in the retail category, 1.42 times in the QIB category, and 2.32 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 1.42 | 30,13,183 | 42,71,022 |
| NII | 2.32 | 22,59,887 | 52,34,760 |
| Retail | 1.38 | 52,73,070 | 72,91,755 |
| Total | 1.59 | 1,05,46,140 | 1,67,97,537 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs’ fees and commissions (including underwriting commission, brokerage and selling commission) | 23.60 |
| 2 | Selling commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Bank for Bids made by RIBs using UPI | 0.17 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 2.07 |
| 4 | Fees payable to the Registrar to the Offer | 0.01 |
| 5 | Fees payable to the other advisors to the Offer | 3.46 |
| 6 | Listing fees, SEBI filing fees, upload fees, the Stock Exchanges processing fees, book building software fees and other regulatory expenses | 3.62 |
| 7 | Printing and stationery | 1.54 |
| 8 | Advertising and marketing expenses | 5.20 |
| 9 | Fee payable to legal counsels | 2.89 |
| 10 | Miscellaneous | 2.13 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹542.00 | ₹542.00 |
| Open | ₹540.00 | ₹542.00 |
| Low | ₹505.50 | ₹505.60 |
| High | ₹551.00 | ₹551.00 |
| Last Trade | ₹509.85 | ₹510.20 |
S.J.S.Enterprises IPO is a main-board IPO of 1,47,60,146 equity shares of the face value of ₹10 aggregating up to ₹800 Crores. The issue is priced at ₹542 per share. The minimum order quantity is 27.
The IPO opens on Mon, Nov 1, 2021, and closes on Wed, Nov 3, 2021.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in S.J.S.Enterprises IPO using UPI as a payment gateway. Zerodha customers can apply in S.J.S.Enterprises IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in S.J.S.Enterprises IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The S.J.S.Enterprises IPO opens on Mon, Nov 1, 2021 and closes on Wed, Nov 3, 2021.
S.J.S.Enterprises IPO lot size is 27, and the minimum amount required for application is ₹14,634.
You can apply in S.J.S.Enterprises IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for S.J.S.Enterprises IPO will be done on Wednesday, November 10, 2021, and the allotted shares will be credited to your demat account by Fri, Nov 12, 2021. Check the S.J.S.Enterprises IPO allotment status.
The S.J.S.Enterprises IPO listing date is on Mon, Nov 15, 2021.
