S.J.S. Enterprises IPO GMP History
S.J.S. Enterprises IPO has been listed on November 15, 2021 at a listing price of ₹542, against the issue price of ₹542 — a gain of ₹0 (+0%). The GMP peaked at ₹50 on 12 November 2021 and reached a low of ₹15 on 10 November 2021. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
S.J.S. Enterprises IPO raised ₹800 Cr. through its IPO at a price band of ₹531 to ₹542 per share, with a lot size of 27 shares. The IPO was open for subscription from 01 Nov 2021 to 03 Nov 2021.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 7:27 AM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 13 Nov 2021 | ₹ 40 | ▼ | 7% | — | — |
| 12 Nov 2021 | ₹ 50 | ▲ | 9% | — | — |
| 11 Nov 2021 | ₹ 25 | ▲ | 5% | — | — |
| 10 Nov 2021 | ₹ 15 | — | 3% | — | — |
| 09 Nov 2021 | ₹ 15 | ▼ | 3% | — | — |
| 08 Nov 2021 | ₹ 20 | — | 4% | — | — |
| 03 Nov 2021 | ₹ 20 | — | 4% | — | — |
S.J.S. Enterprises IPO dates
Key dates from opening to listing. Today is 10 November.
- Open 01 Nov 2021
- Close 03 Nov 2021
- Allotment 10 Nov 2021
- Refund/credit 11 Nov 2021
- Listing 15 Nov 2021
S.J.S. Enterprises IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹542 |
|---|---|
| GMP-based estimate (pre-listing) | ₹582 (+7.4%) |
| Listing gain / loss | +₹0 per share |
| Listing date | 15 Nov, 2021 |
| Actual listing price | ₹542 (+0%) |
Is S.J.S. Enterprises IPO GMP reliable?
Grey market premium for S.J.S. Enterprises IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the S.J.S. Enterprises IPO full review for a fundamentals-based assessment before making any grey market trades.
S.J.S. Enterprises IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for S.J.S. Enterprises IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About S.J.S. Enterprises IPO
S.J.S. Enterprises Limited began as a partnership firm under a deed dated 10 June 1987. It is one of the leading players in the Indian decorative aesthetics industry by revenue in Fiscal 2020, and offered the widest range of aesthetics products in India on 31 March 2021, as per CRISIL.
Its products include decals and body graphics, 2D and 3D appliques and dials, 3D lux badges, domes, overlays, aluminium badges, in-mould labels, lens mask assemblies and chrome-plated, printed and painted plastic parts. Its subsidiary Exotech makes plated and painted plastic parts.
In Fiscal 2021 it supplied over 115 million parts with more than 6,000 SKUs to around 170 customers in approximately 90 cities. Its plants are in Bengaluru and Pune, with annual capacity of 208.61 million and 29.50 million products.
The IPO was Rs 800 crore and was entirely an offer for sale by the promoters Evergraph Holdings and K.A. Joseph, so the company received none of the money.
Frequently asked
What is the GMP of S.J.S. Enterprises IPO?
The current Grey Market Premium (GMP) of S.J.S. Enterprises IPO is ₹ 40.
What is the Kostak Price of S.J.S. Enterprises IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for S.J.S. Enterprises IPO is not available.
What is the Subject to Sauda Price of S.J.S. Enterprises IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of S.J.S. Enterprises IPO?
S.J.S. Enterprises IPO listed on November 15, 2021 at ₹542, against the issue price of ₹542 — a gain of +0%.
How did the GMP of S.J.S. Enterprises IPO trend before listing?
The GMP of S.J.S. Enterprises IPO was falling in its final days before listing. The GMP peaked at ₹50 on 12 November 2021. View the day-wise table above for the complete GMP history.
Explore S.J.S. Enterprises IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
