Portions of SJS Enterprises on Monday made a lukewarm presentation against the issue cost of Rs 542. On BSE, it recorded at Rs 540, a decay of 0.36 percent from the issue cost. It then, at that point, plunged 6.13 percent to Rs 508.75. On NSE, it recorded at standard with the issue cost at Rs 542.
The underlying public proposal of SJS Enterprises was bought in 1.59 occasions on the keep going day of membership on November 3.
The Rs 800-crore IPO had a value band of Rs 531-542 an offer.
SJS Enterprises is a main player in the Indian enlivening feel industry, offering a wide scope of style items in the country.
It is a “plan to-conveyance” style arrangements supplier with the capacity to configuration, create and fabricate an assorted item portfolio.
It takes into account the prerequisites of the bike, traveler vehicle, business vehicle, purchaser apparatus, clinical gadgets, ranch hardware and sterile product ventures.