IPO Issue Details
Issue Price / Price Band₹542 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size27 Shares per Lot
Total Issue Size1,47,60,146 shares (aggregating up to ₹800.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryOffer For Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 01 Nov 2021
Subscription CloseWed, 03 Nov 2021
Anchor AllotmentFri, 29 Oct 2021
Basis of AllotmentWed, 10 Nov 2021
Initiation of RefundsThu, 11 Nov 2021
Credit of Shares to DematFri, 12 Nov 2021
Listing DateMon, 15 Nov 2021
UPI Mandate Deadline2021-11-03
Application & Investment Details
Retail — Min (1 Lots)₹14,634 — 27 shares
Retail — Max (13 Lots)₹190,242 (13 Lots)
HNI — Min (14 Lots)₹2,04,876 — 378 shares
Pre-IPO Promoter Holding3,04,37,904 shares
Post-IPO Promoter Holding3,04,37,904 shares
About S.J.S.Enterprises Ltd.
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:Leading decorative aesthetics supplier with a wide portfolio of premium productsStrong manufacturing capabilities and established supply chain networkInnovative product designing capabilitiesA strong relationship with global Tier-1 companiesStrong financialsExperienced and qualified management team
Objects of the Issue
S.J.S.Enterprises Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To carry out the Offer for Sa le of up to 14,760,146* Equity Sha res by the Selling Sha reholders
2
2 Achieve the benefits of listing the Equity Sha res on the Stock Excha nges
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,04,37,904 shares
Post-IPO Promoter Holding
3,04,37,904 shares
Lock-in Period (30%)December 10, 2021
Lock-in Period (50%)February 8, 2022