S.J.S. Enterprises has debuted at Rs 540.00 on the BSE, down by 2 points or 0.37% from its issue price of Rs 542.00.
The scrip is currently trading at Rs 510.40, down by 31.60 points or 5.83% from its issue price. It has touched a high and low of Rs 550.05 and Rs 508.75 respectively. So far 0.97 lakh shares were traded on the counter.
The issue price was fixed at Rs 542 per share i.e. at upper end of price band of Rs 531-542 apiece. SJS Enterprises IPO received decent demand in subscription as it got subscribed 1.59 times in the three days of IPO bidding process.
The company is one of the leading players in the Indian decorative aesthetics industry in terms of revenue in Fiscal 2020 and as at March 31, 2021, offered the widest range of aesthetics products in India.
