SJS Enterprises IPO Reviews, Dates, Price Band, Market Lot & Financial Details 2021

The SJS Enterprises IPO will hit the market soon, and you can apply for the IPO from 1st November to 3rd November 2021. SJS Enterprises is planning to raise ₹800 Crores through a share sales.

SJS is known for its “Design to Delivery” service in India since 1987. Their product range varies from automotive to consumer appliance industries. They manufacture aluminum badges, domes, 2D appliques and dials, 3D appliques and dials, 3D Lux badges, decals and body graphics, printed and painted injections, molded plastic parts, etc. The manufacturing unit of SJS enterprises is located in Pune and Bangalore. The company exports its products to more than 20 countries. Check other upcoming IPOs too.

SJS Enterprises IPO Dates & Price Band:

Open date1st November 2021
Close date3rd November 2021
Total Size of IPO₹800Cr.
Fresh Issue N/A
Offer for Sale₹800 Cr
Price Band₹531- 542
Face Value₹10 per share
Listing onNSE and BSE
Retail Investor’s Portion35%

SJS Enterprises IPO Market Lot:

The minimum market lot of SJS Enterprises IPO is 27 shares with 14,634 applications. Retail investors can apply for 13 lots with 351 shares application worth190,242.

ApplicationLotSharesCut Off Amount
Minimum (RII)12714,634
Maximum (NII)13351190,242

Objectives of Offer- 

  • Funding operational expenses of the company.
  • Enjoy benefits of getting listed on NSE & BSE.
  • To meet general corporate purposes.

Should you subscribe to SJS Enterprises IPO?

We have researched and mentioned the strengths and risks of the SJS Enterprises IPO. The final verdict will help you make the right decision.

Strength – 

  • Strong client relationships in tier 1 countries. The majority of business comes from tier 1 countries. 
  • Innovative product designing capabilities. 
  • Net profits surging YOY basis. 
  • Diverse product range as well as clientele.

Risks

  • In automobile sector they rely on customers.(Automobile sector is cyclical sector)

Honest Reviews – 

Competitors in the “Design to Deliver” solution provider sector is fierce. Financially SJS enterprises look good, if they are able to deliver strong performance in upcoming quarters then SJS will give great returns to the investors. Keep an eye on financials for a few more quarters.

Investors can invest for the listing gains in the SJS Enterprises IPO. It’s early to predict but SJS Enterprises IPO can give great listing gains. You can keep a track of SJS Enterprises IPO GMP here.

SJS Enterprises IPO Allotment & Listing Dates:

SJS Enterprises IPO’s open date is 1st November and the closing date is 3rd November. Allotment of shares will be done on 10th November and the listing date on NSE & BSE is 15th November 2021.

Allotment Date for SJS Enterprises – 10th November 2021
Refund Date for SJS Enterprises – 11th November 2021
Credit of Shares to Demat Account – 12th November 2021
Listing Date for SJS Enterprises – 15th November 2021

Applying IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully. You have to submit your filled form to the bank or broker.

Financials of SJS Enterprises IPO:

The financials of SJS Enterprises are very attractive. From 2019 the revenue numbers are increasing constantly. Net income is also increasing slightly. Upcoming financial numbers are expected to be good so we suggest investors apply for the IPO.

YearRevenue (₹ in Cr.)Expense (₹ in Cr.)PAT Net Income (₹ in Cr.)
201924118037.12
2020 22016741.67
2021 25419047.77

SJS IPO Registrar

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
E-mail: [email protected]

Company Address

S.J.S. Enterprises Limited
Sy No 28/P16 of Agra Village and
Sy No 85/P6 of B.M Kaval Village
Kengeri Hobli, Bangalore 560 082,
Phone: +91 80 6194 0777
Email: [email protected]

SJS Enterprises IPO FAQs –


When will SJS Enterprises IPO open for Investors?

SJS Enterprises IPO will open on 1st November 2021 and will close on 3rd November 2021.

What is SJS Enterprises IPO Retail Portion?

The portion allocated for retail investors in SJS Enterprises IPO is 35%

How to apply for SJS Enterprises IPO?

You can apply SJS Enterprises IPO in 3 ways:
Open a Demat account through a bank or brokerage firm and apply through it.
Apply via ASBA application online through your bank.
Fill up the offline IPO form and submit it to the bank or broker.

Should I invest in SJS Enterprises IPO?

Competitors in the “Design to Deliver” solution provider sector is fierce. Financially SJS enterprises look good, if they are able to deliver strong performance in upcoming quarters then SJS will give great returns to the investors. Keep an eye on financials for a few more quarters.

What is the allotment date for SJS Enterprises shares?

10th November 2021 is the allotment date for SJS Enterprises shares.

What is the listing date for SJS Enterprises IPO?

15th November 2021 is the listing date for SJS Enterprises. It will be listed on NSE and BSE.

What is the cutoff price for SJS Enterprises IPO?

The cutoff price for SJS Enterprises IPO is ₹542 per share.

Will SJS Enterprises IPO give listing gains?

Investors can invest for the listing gains in the SJS Enterprises IPO. It’s early to predict but SJS Enterprises IPO can give great listing gains by seeing its grey market premium. You can keep a track of  SJS Enterprises IPO GMP here.

How to Apply the SJS Enterprises IPO through Upstox?

Open UPSTOX ACCOUNT. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name ” SJS Enterprises Finance”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate.

Disclaimer for Investors:

  • We on ipogmp.in do not buy or sell any kind of IPO forms.  
  • Do not subscribe to IPO just by seeing its GMP. You should do proper research about the fundamentals of a company.
  • IPO GMP changes every day and you can view the changes in the above table.
  • Always apply to an IPO after understanding financials and discussing with your financial advisor.
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