SJS Enterprises raises ₹240 crore from 18 Anchor Investors

SJS Enterprises, the manufacture a wide range of aesthetics products catering to two-wheelers, passenger vehicles, commercial vehicles, consumer durables/appliances, medical devices, farm equipment and sanitary ware industries, received Rs 240 crore from anchor investors on Friday, October 29, 2021, just before the IPO. The SJS Enterprises initial public offering (IPO) is set to begin on Monday, November 1st. At a price band of 542, the company allocated a total of 44,28,043 equity shares to two anchor investors. 6 Mutual Funds through a total of 18 schemes make up the anchor investor list. The company plans to raise 800 crores through an initial public offering (IPO).