SJS Enterprises raises ₹240 crore from 18 Anchor Investors

A Bangalore primarily based one of many main aesthetics options supplier, SJS Enterprises raised ₹240 crore from anchor buyers on October 29, 2021 Friday earlier than the IPO. The SJS Enterprises IPO to open on November 01, Monday. The corporate allotted complete of 44,28,043 fairness shares to 18 Anchor buyers at a higher worth band ₹542. The anchor buyers checklist consists of three Mutual Funds by a complete of 6 schemes. The corporate goes to lift ₹800 crores by way of IPO. Try the ultimate checklist of SJS Enterprises Anchor Buyers given beneath:

Listing of SJS Enterprises Anchor Buyers:

The IPO Committee of the Board of Administrators of the Firm vide its decision dated October 29, 2021, the Promoting Shareholders, in session with Axis Capital Restricted, Edelweiss Monetary Providers Restricted and IIFL Securities Restricted (the “E-book Operating Lead Managers” or “BRLMs”), have finalized allocation of 44,28,043 Fairness Shares in mixture, to Anchor Buyers on the Anchor Investor Allocation Value of ₹542/- per Fairness Share (together with share premium of ₹532/- per Fairness Share). The small print are given beneath:

The SJS Enterprises IPO to open on 01 November and closes on 03 November 2021. The worth band is mounted at ₹531 to ₹542. SJS Enterprises IPO software minimal bid is for 27 Shares (₹14,634) and most bid is 351 shares (₹190,242). The E-book Operating Lead Managers of the IPO are Axis Capital Restricted, Edelweiss Monetary Providers Restricted and IIFL Securities Restricted.