Public Market

IPO

Decal prints maker SJS Enterprises' Rs.800-Cr IPO subscribed 1.1 times

Economic Times  

The INR 800 crore IPO of private equity firm Everstone-backed SJS Enterprises, a player in the decorative aesthetics industry, managed to gather bids for 1,67,96,727 equity shares as against the 1,05,46,140 shares on offer. It had fixed a price band of INR 531-542 a share. Bangalore-based SJS Enterprises designs, develops and manufactures diverses products for customers primarily in the automotive and consumer appliance industries. Its products include decals and body graphics, 2D appliques and dials, 3D appliques and dials, printed and painted injection moulded plastic parts, among others.