S J S Enterprises Limited

About the company

Bengaluru-based decorative aesthetics solutions provider S.J.S. Enterprises’ IPO opens for subscription on 1 November 2021. Here's what you need to know about the IPO. **Reasons for going public** * Offer liquidity to the selling shareholders **** Before investing in an IPO, one should understand the company fundamentals. **Top shareholders of the company are:** **Name of Shareholder**| **Equity Shares (%)** ---|--- **Company Financials** Here's a look at the company's financial performance: **Particulars**| **FY21**| **FY20**| **FY19** ---|---|---|--- **Company Overview** ****S.J.S. Enterprises designs, develops and manufactures decorative aesthetic products. The design-to-delivery aesthetics solutions provider offers a diverse portfolio of products for a wide range of customers, especially in the automotive and consumer appliance industries. The company supplied **Competitive strengths** * One of the leading decorative aesthetics suppliers with a wide range of products * Supported by established supply chain and delivery mechanism * Capable of product innovation, design, and development * Strong track record of financial performance * Well-established customer relationship **Opportunities** * Leverage market leadership to enhance focus on premium products * Enhance product styling, customisation, design and development capabilities * Build, innovate, and develop new products * Intend to focus on expanding penetration in the two-wheeler automotive segment in Asia * Take steps towards the integration of subsidiary’s business * Business expansion through strategic inorganic growth opportunities * Increase geographical footprint and exports **Threats** * Any loss of key customers and contracts to the competition * Fluctuations in the performance of the automotive and consumer appliance industries **Risks** * Failure to source raw materials at competitive prices * High dependency on automotive sector which makes up 70% of revenues * Inability to accurately manage inventory * Counterparties may delay or fail to make payments or perform contractual obligations

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   01 Nov 2021

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   03 Nov 2021

   Last day to place your bid

3. Basis of Allotment

   Completed
   03 Nov 2021

   Share allotment finalised

4. Refund Initiation

   Completed
   11 Nov 2021

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   10 Nov 2021

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   15 Nov 2021

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.