Company Background
SJS enterprises was founded in 1987 by Shahnawaz Nayyer.It is one of the leading companies in the Indian decorative aesthetics industry. Since 1996, the company has been exporting to many of the big multinationals companies like Motorola, Hewlett Packard, Visteon, Whirlpool. SJS also acquired Exotech Plastics in 2021.It 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.
Business Information
The products offered by the company 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 manufacturing facilities located in Bengaluru and Pune, India.The annual production capacity of the Bengaluru and Pune facilities was 208.61 million and 29.50 million products, respectively.
Facts about the company
SJS has a strong focus on new product development and it has a dedicated ‘new product development’ team.
SJS has received the IATF 16949 certification and focuses on product quality and on-time delivery
SJS is partners with leading OEMs in the Automotive and Appliance industries
SJS has a strong manufacturing capabilities and established supply chain network
The Company supplied over 115 million parts with more than 6,000 SKUs in Fiscal 2021 to around 170 customers in approximately 90 cities across 20 countries.
Points to note before investing in S.J.S. Enterprises Limited IPO
Over 30 years of expertise in Industrial graphics printing and aesthetic parts
The IPO is entirely an offer for sale where the early investors, including the promoters of SJS Enterprises will participate in the OFS.
The issue will be lead managed by IIFL Securities, Axis Capital and Edelweiss Financial Services. Link Intime has been appointed the registrars to the issue.
SJS has the advantages of strong technology in manufacturing as well as solid links with the supply chain.
The company has strong financials.
S.J.S. Enterprises Limited IPO Details
IPO Opening Date | Nov 1, 2021 |
IPO Closing Date | Nov 3, 2021 |
Issue Type | Book Built Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹531 to ₹542 per equity share |
Market Lot | 27 Shares |
Min Order Quantity | 27 Shares |
Listing At | BSE, NSE |
Allotment, Listing and Refunds details
Basis of Allotment Date | Nov 10, 2021 |
Initiation of Refunds | Nov 11, 2021 |
Credit of Shares to Demat Account | Nov 12, 2021 |
IPO Listing Date | Nov 15, 2021 |
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