Today we are going to talk about the term called Initial Public Offering (IPO). Many people are intending to invest in some valuable IPOs and some companies are also seeming to raise funds through IPOs. Today we are going to tell about SJS Enterprises IPO because the company can launch its IPO in October 2021. The company is ready to raise its funds through these steps in which many investors will also earn a profit on their investment. Here, we are providing all the information related to this amazing IPO which will be beneficial for all the investors to check whether they will be eligible to invest or not.
SJS Enterprises IPO Opening & Closing Dates
Let us also tell you that the company is aiming to raise Rs. 800 crore through this IPO. At present, the company has not given much information about this IPO but we are sure that the IPO will be launched this month. Otherwise, we will have to wait for the schedule prepared by the company to end the wait of investors for this IPO.
Before investing in this IPO, you need to know that established in 1987, SJS Enterprises is a leading “Design-to-Delivery” beauty solutions provider in India. They have an exclusive product line for their clients in the automotive and consumer appliance industries.
SJS Enterprises IPO Details & Review
| IPO Opening Date | October 2021 |
| IPO Closing Date | October 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | [.] to [.] per equity share |
| Market Lot | NA |
| Min Order Quantity | NA |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹800.00 Cr) |
| Offer for Sale | [.] Eq Shares of ₹10 (aggregating up to ₹800.00 Cr) |
SJS Enterprises IPO Tentative Timetable
The product range includes decals and body graphics, 2D applications and dials, 3D applications and dials, 3D Luxe badges), domes, overlays, aluminium badges, in-mould labels, or decoration parts, lens mask assemblies and chrome-plated, injection-moulded plastic parts, printed and painted. They have their own production departments in Bangalore and Pune.
They are making their products available in the Indian and global markets in 20 countries. We are currently short of information but we are sure that when the company unveils any information related to the upcoming IPO, we will update it here as well.
Also Read: – Devyani International IPO: Date, Price, GMP, Listing, Allotment, Issue Date, All Details, & Review
| Particulars | For the year/period ended (₹ in Millions) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 3,835.44 | 3,322.55 | 3,040.49 | ||
| Total Revenue | 2,551.54 | 2,212.73 | 2,407.63 | ||
| Profit After Tax | 477.65 | 412.85 | 376.01 | ||
Conclusion
We can assume that the IPO will definitely be profitable for the investors looking to invest in it. The face value of this IPO is assumed to be Rs. 10 per equity share. Let us also tell you that, the retail quota is 35% in which QIB is 50% and HNI is 15%.
So, if you are really planning to invest in this amazing SJS Enterprises IPO then this would be a great option for you. After analyzing the complete company and details you just need to invest in this IPO. So, stay connected with All Social Updates to know more details related to this soon to be launched IPO.