S J S Enterprises Limited

Bengaluru-based decorative aesthetics solutions provider S.J.S. Enterprises’ IPO opens for subscription on 1 November 2021. Here's what you need to know about the IPO. Reasons for going public Offer liquidity to the selling shareholders Before investing in an IPO, one should understand the company fundamentals. Top shareholders of the company are: Name of Shareholder Equity Shares (%) Evergraph 77.8 K.A. Joseph 20.7 Company Financials Here's a look at the company's financial performance: Particulars FY21 FY20 FY19 (₹ crore) Revenue from operations 251.6 216.1 237.2 Net profit 47.7 41.2 37.6 Company Overview S.J.S. Enterprises designs, develops and manufactures decorative aesthetic products. The design-to-delivery aesthetics solutions provider offers a diverse portfolio of products for a wide range of customers, especially in the automotive and consumer appliance industries. The company supplied Competitive strengths One of the leading decorative aesthetics suppliers with a wide range of products Supported by established supply chain and delivery mechanism Capable of product innovation, design, and development Strong track record of financial performance Well-established customer relationship Opportunities Leverage market leadership to enhance focus on premium products Enhance product styling, customisation, design and development capabilities Build, innovate, and develop new products Intend to focus on expanding penetration in the two-wheeler automotive segment in Asia Take steps towards the integration of subsidiary’s business Business expansion through strategic inorganic growth opportunities Increase geographical footprint and exports Threats Any loss of key customers and contracts to the competition Fluctuations in the performance of the automotive and consumer appliance industries Risks Failure to source raw materials at competitive prices High dependency on automotive sector which makes up 70% of revenues Inability to accurately manage inventory Counterparties may delay or fail to make payments or perform contractual obligations