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SJS Enterprises IPO Allotment Status 2021 Check Price Band Online

SJS Enterprises IPO Allotment 2021: SJS Enterprises Limited’s Rs 800 crore initial public offer (IPO) was concluded on Wednesday. Further, it will start allotting shares on November 10 2021.

The initial public offer of SJS Enterprises was subscribed 1.59 times on the last day of subscription. According to the NSE data, It received bids for 1,67,97,537 shares against 1,05,46,140 shares on offer.

The category for Institutional Buyers (QIBs) received 1.42 times subscription, while that for non-institutional investors 2.32 times and retail individual investors (RIIs) 1.38 times.

SJS Enterprise raised Rs. 240 crore from anchor investors. The price band offer for this IPO was Rs. 531-542 for one share. The initial public offering of SJS Enterprises Ltd. failed to garner strong investor interest, with the issue subscribing only 1.59 times. It is now the second-least subscribed issue of the year, only ahead of Macrotech Developers.

SJS Enterprises IPO Allotment Details

sjs enterprises ipo allotment status

IPO Name SJS Enterprises
Opening Date 01 November 2021
IPO Closing Date 03 November 2021
IPO Total Value Rs. 800 Crore
Price Brand 531-542₹
Face Value 10₹ Per Equity Share

SJS Enterprises is a growing brand name in many countries including India. The Enterprises finished biding for the Initial Public Offer. After getting a decent response from investors the company is going to allot its IPO. All the investors are now waiting for the SJS Enterprise IPO Allotment status.

SJS Enterprises IPO Market Lot

SJS Enterprises IPO Minimum Market Lot is 27 shares with a minimum of Rs. 14634 per lot. The retail investor can apply for 13 lots which consist of 351 shares for Rs. 190242. SJS Enterprises IPO Grey Market Premium is Rs. 15 these days.

Important Date for SJS Enterprises IPO Allotment

SJS Enterprises IPO Anchor Allotment was started on 29th October 2021. The IPO was opened on 1st November and closed on 3rd November. SJS Enterprises IPO Basic allotment may take place on 10th November and refund may be finalized on 11th November which will be credited to Demat on 12th November. SJS Enterprises IPO will be listed on BSE on 15th November 2021.

How to check SJS Enterprises IPO Allotment Status?

All the investors who have applied for SJS Enterprises IPO can check the allotment status online. It can be checked on BSE India’s website. You can follow the below steps to check it easily.

  1. Open the BSE India website using the below link.
  2. Then, firstly select the issue type.
  3. After that, select the option for issue name.
  4. Now, enter your application number and PAN details.
  5. Solve the captcha and then click on submit.
  6. Finally, check the allotment status for your offer.

Check SJS Enterprises IPO Allotment Status Here

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