SJS Enterprises IPO subscription to start from November 01, Monday. The retail portion of this IPO is 35%, QIB is 50% and HNI is 15% quota. The IPO subscription will close on November 03, 2021, Wednesday. The company to raise ₹800 crores via IPO at a price band of ₹531 to ₹542. The minimum bid for the IPO is 27 shares that cost ₹14,634 for l lot. The grey market is on a lower side and the demand is less.
The Bangalore based SJS Enterprises Limited is providing “design-to-delivery” aesthetics solutions in India. The are one of the leading provider of their diverse product portfolio with dedicated team and has relationship with bigger brands like TVS Motor Company Limited (TVS), Bajaj Auto Limited (Bajaj) and Honda Motorcycle & Scooter India Private Limited (HMSI). The company reported ₹255 crores of revenues in 2021 against ₹221 crores in 2020. The PAT was stood at ₹47.77 crores in 2021 compared to PAT of ₹41.29 crores in 2020. Please check the SJS Enterprises IPO details over here.
IPOWatch View
We recommend investors to apply the IPO with long term view. Investors should look at the QIB and HNI numbers as well as SJS Enterprises grey market premium movement before investing. Check the SJS Enterprises IPO allotment status here.
SJS Enterprises IPO Subscription Status (Final Data)
(Over Subscribed)
The SJS Enterprises IPO subscribed 1.59x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 1.42x, Non-institutional Bidders (NII) 2.32x and Retail (RII) 1.38x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 1.42x |
| NII | 0.01x | 0.06x | 2.32x |
| RII | 0.64x | 1.00x | 1.38x |
| Total | 0.32x | 0.51x | 1.59x |
SJS Enterprises IPO Date & Price Band
| IPO Open: | 01 November 2021 |
| IPO Close: | 03 November 2021 |
| IPO Size: | Approx ₹800 Crores |
| Fresh Issue: | N/A |
| Offer for Sale: | Approx ₹800 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹531 to ₹542 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
SJS Enterprises IPO Market Lot
| Minimum Lot Size: | Minimum 27 Shares for 1 lot |
| Minimum Amount: | ₹14,634 for 1 lot |
| Maximum Lot Size: | Maximum 351 Shares for 13 lot |
| Maximum Amount: | ₹190,242 for 13 lot |
SJS Enterprises IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | October 2021 |
| Anchor Investors Allotment: | 29 October 2021 |
| IPO Open Date: | 01 November 2021 |
| IPO Close Date: | 03 November 2021 |
| Basis of Allotment: | 10 November 2021 |
| Refunds: | 11 November 2021 |
| Credit to Demat Account: | 12 November 2021 |
| IPO Listing Date: | 15 November 2021 |
SJS Enterprises IPO Subscription FAQs:
When SJS Enterprises IPO Subscription will start?
The IPO subscription starts on November 01, 2021 for QIB, NII, and Retail Investors.
How much SJS Enterprises IPO subscribed?
The IPO subscribed 1.59x times on day 3.
What is SJS Enterprises IPO Retail subscription status?
The RII subscription is 1.38x on day 3.
How to subscribe SJS Enterprises IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How to Apply the SJS Enterprises IPO through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “SJS Enterprises”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
How to Apply the SJS Enterprises IPO through Upstox?
Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “SJS Enterprises”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – mandate. Open Demat Account with Upstox.
How do i check live SJS Enterprises IPO Subscription Numbers?
One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official website NSE and BSE website. One can check the live subscription on BSE or NSE website on the particular IPO page.
