S.J.S. Enterprises Limited IPO- 1st November, 2021

S.J.S. Enterprises Limited IPO- 1st November, 2021

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
 
 
Know more-  www.5paisa.com/ipo
 
To apply from 5paisa Website- Apply IPO
 
To apply from 5paisa Mobile App- Apply IPO
 
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