SJS Enterprises raises ₹240 crore from 18 Anchor Investors

IPO Initial Public Offerings

A Bangalore based one of the leading aesthetics solutions provider, SJS Enterprises raised ₹240 crore from anchor investors on October 29, 2021 Friday before the IPO. The SJS Enterprises IPO to open on November 01, Monday. The company allotted total of 44,28,043 equity shares to 18 Anchor investors at a upper price band ₹542. The anchor investors list includes 3 Mutual Funds through a total of 6 schemes. The company is going to raise ₹800 crores via IPO. Check out the final list of SJS Enterprises Anchor Investors given below:

SJS Enterprises

List of SJS Enterprises Anchor Investors:

The IPO Committee of the Board of Directors of the Company vide its resolution dated October 29, 2021, the Selling Shareholders, in consultation with Axis Capital Limited, Edelweiss Financial Services Limited and IIFL Securities Limited (the “Book Running Lead Managers” or “BRLMs”), have finalized allocation of 44,28,043 Equity Shares in aggregate, to Anchor Investors at the Anchor Investor Allocation Price of ₹542/- per Equity Share (including share premium of ₹532/- per Equity Share). The details are given below:

SJS Enterprises Anchor Investors List
SJS Enterprises Anchor Investors List
Source: BSEIndia
The SJS Enterprises IPO to open on 01 November and closes on 03 November 2021. The price band is fixed at ₹531 to ₹542. SJS Enterprises IPO application minimum bid is for 27 Shares (₹14,634) and maximum bid is 351 shares (₹190,242). The Book Running Lead Managers of the IPO are Axis Capital Limited, Edelweiss Financial Services Limited and IIFL Securities Limited.
    Share the Post:
    Facebook
    Twitter
    LinkedIn

    Check out our in-depth IPO analysis, upcoming IPO details & get latest IPO GMP Updates on IPO Watch. Also, Watch our IPO Watch Youtube channel for latest IPO updates!. Also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

    OPEN DEMAT ACCOUNT