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.
