SJS Enterprises Ltd. IPO

A Design to delivery aesthetics solutions provider with the ability to design, develop & manufacture a diverse product portfolio for a wide range of customers primarily in the automotive & consumer appliance industries.

RHP
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DRHP
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Open Date

2021-11-01

Close Date

2021-11-03

IPO Details

Check out the issue details for SJS Enterprises Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 542

Price Band

₹ 531 - 542

Issue Size

800 Cr.

Issue Type

Book Built

Open

2021-11-01

Close

2021-11-03

Listingprice

₹ 542

ListingGain

0.00%

Listing Date

2021-11-15

CMP

₹ 612.7

Current Return

13.04%

Company Financials

You can get the following financial statements of SJS Enterprises Ltd. as of now.

Subscription Details

The details about the SJS Enterprise IPO is as:

  • The issue size of the IPO is 800 Cr.
  • The price band ranges from Rs 531 to Rs 542.
  • The shares of SJS Enterprises will list on 15th November.
  • The latest tentative GMP of SJS Enterprise IPO is Rs 70.
  • SJS Enterprise IPO is subscribed 1.59 times as of 3rd November.

 

SJS Enterprise IPO Valuation

The approx valuation of SJS Enterprise IPO based on its price band and DRHP/RHP is:

Particulars Value
Upper Price Band Rs 542
Existing Shares (Qty) 3.04 Cr
Market Cap 1647.68 Cr
EPS (FY21) 15.69 Rs
PE Ratio 34.5x
Industry PE No peers

 

SJS Enterprise IPO Issue Size

SJS Enterprise IPO issue size is 800 Cr

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 800 Cr

 

SJS Enterprise Market Lot

An Individual can apply for a minimum 1 lot of 27 shares and a maximum of 13 lots of 351 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 27 Rs 14,634
 Maximum 13 351 Rs 1,90,242

 

SJS Enterprise Share Offer

SJS Enterprise IPO is subscribed 1.59 times as of 3rd November. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 1.42 Times
Non-Institutional Minimum 15% 2.32 Times
Retail Individual Minimum 35% 1.38 Times
Total   1.59 Times

 

SJS Enterprise IPO Grey Market Premium

As on GMP (Tentative)
10 November 2021 Rs 15
11 November 2021 Rs 20
12 November 2021 Rs 40
13 November 2021 Rs 40
14 November 2021 Rs 70

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for SJS Enterprise IPO:

Schedule Date
Basis of Allotment 10 November 2021
Refunds 11 November 2021
Credit to Demat Account 12 November 2021
IPO Listing Date 15 November 2021

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 237.25 216.17 251.62 267.89 296.19
Total Expenditure 168.87 152.37 175.35 185.61 208.75
Operating Profit 68.38 63.8 76.26 82.28 87.44
Other Income 3.58 5.1 3.93 3.48 8.55
Interest 1.99 1.78 1.27 0.89 0.89
Depreciation 9.7 12.77 14.75 15.41 16.41
Exceptional Items -7.32 0 0 0 0
Profit Before Tax 52.96 54.35 64.18 69.45 78.7
Provision for Tax 15.36 13.07 16.41 17.59 19.91
Net Profit 37.6 41.29 47.77 51.86 58.79
Adjusted EPS (Rs.) 1.24 1.36 1.57 1.7 1.93

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 30.44 30.44 30.44 30.44 30.44
Total Reserves 208.12 249.21 284.78 327.11 387.7
Borrowings 0 0 0 0 0
Other N/C liabilities 12.53 11.89 9.2 8.84 8.97
Current liabilities 52.96 40.71 59.13 44.77 61.34
Total Liabilities 304.05 332.26 383.54 411.16 488.45
Assets
Net Block 157.79 160.18 155.19 152.69 147.48
Capital WIP 0.18 0.25 4.25 0.19 0.55
Intangible WIP 0 0 0 0 0
Investments 0 0 0 64 67.67
Loans & Advances 13.43 12.36 4.16 7.79 13.73
Other N/C Assets 1.77 2.08 1.39 2.29 1.61
Current Assets 130.88 157.39 218.55 184.19 257.42
Total Assets 304.05 332.26 383.54 411.16 488.45
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 2.27 2.51 3.38 1.77 0.79
Profit Before Tax 19.52 15.8 21.82 20.81 21.96
Tax 5.2 3.67 5.54 4.45 5.41
Profit After Tax 14.32 12.13 16.28 16.36 16.54
Adjusted EPS (Rs) 4.7 3.99 5.25 5.27 5.33

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 21.8 0
Dec 2023 21.8 0
Sep 2023 21.8 0
Jun 2023 51.33 0
Mar 2023 50.37 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 52.96 54.35 64.18 69.45 78.7
Adjustment 9.43 10.59 13.57 14.92 12.58
Changes in Assets & Liabilities -7.97 3.3 -5.21 -10.69 9.86
Tax Paid -18.6 -9.97 -14.6 -17.2 -21.92
Operating Cash Flow 35.83 58.27 57.94 56.48 79.22
Investing Cash Flow -44.39 -32.26 -37.49 -60.18 -89.09
Financing Cash Flow 8.9 -18.15 -9.59 -13.1 10.75
Net Cash Flow 0.34 7.86 10.85 -16.8 0.88
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