- SJS Enterprises is likely to announce its share allotment status today.
- One of the leading players in the Indian decorative aesthetics industry is looking to raise ₹800 crore through the public listing of shares.
- The IPO of the company was subscribed 1.59 times on the last day of bidding.
SJS Enterprises, one of the leading players in the Indian decorative aesthetics industry is likely to announce the allotment status of its initial public offering (IPO) today, November 10.
The IPO was open for subscription from November 1 to November 3. The IPO consists of a pure offer for sale of ₹800 crore with ₹710 crore by Evergraph Holdings Pte -- subsidiary of private equity firm Everstone who invested in 2015 and ₹90 crore by KA Joseph, managing director of the company.
SJS Enterprises IPO received decent demand in subscription as it got subscribed 1.59 times in the three days of IPO bidding process. The grey market premium of the company’s shares show a premium of ₹25 from the higher end of the price band.
The portion reserved for retail investors was oversubscribed by 1.38 times on the last day of the IPO bidding process.
SJS Enterprises, one of the leading players in the Indian decorative aesthetics products like decals and body graphics, 2D appliques and dials, 3D appliques and dials, 3D lux badges, domes and many others.
Here is how to
SJS Enterprises IPO allotment status on stock exchange website:
- Go to the BSE website or NSE website here.
- On BSE, Select 'Equity' and then from the dropdown, select ‘SJS Enterprises’.
- Now, enter your application number and PAN.
- Click on 'Search'.
- Please note the details will only be available once the shares are allotted.
You can also visit the registrar website (Link Intime India) to check your application status.
- Visit the registrar's website here.
- Click on 'Select company' and click on ‘SJS Enterprises’.
- Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
- Enter the captcha and click ’submit’.
Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.
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