#sjs enterprises ipo

[newstime-2]

Popular IPOs to debut on Dalal Street in December 2023

After the coronavirus pandemic, the stock market didn't perform well around the world. We've seen the economic downfall in various countries such as the USA, China, and more. However, there was only one country growing its economy continuously, we're talking about India. The country showed significant growth in every sector, and many corporations emerged as profitable businesses. Hence, the Indian stock market has grown, providing returns to investors whether local investors or foreign investors.

List of IPOs in December 2023

In the year 2023, Indian conviction toward their country has become stronger also reflected in the stock market because several companies have been listed in the market. As you can see the primary market recorded bumper listing on the mainboard; small-medium enterprises (SME) segments have been gone for IPO this year, companies such as Tata Technolgy, and Gandhar Oil Refinery went for raising money through IPO previous month November, 2023. According to the YT report, the Indian stock market has become one of the strongest markets in the world, India is emerging as a global leader who has established healthy relation with many countries which eventually increase trade with countries, and business and corporation are growing respectively. In the year 2023, 21 IPOs have registered in the third quarter of the year, 2023, whereas merely 4 IPO had registered in the same quarter of the previous year, 2022. The rising amount has increased in the third quarter of 2023 to US$ 1,770 million, which is about 376% more than the previous year which amounted to US$ 372 million. Reportedly, there are still more companies that will register their IPOs on the mainboard and SME segment. Here is the report about the companies that are going to launch their IPOs: There are already a few companies that have launched their IPOs and soon will close, Sheetal Universal Ltd which reportedly is going to close on December 6, Graphisads will close on December 5, and Marinetrans India Ltd will be closed on December 5. In addition, there are other companies as well which are going to launch their IPOs in the last month of the year, 2023. DOMS Industries Limited DOMS Industries Limited is going for subscription on December 13, 2023, and close on December 15, 2023. Right now, there is no information has been made about the band price of the share price of DOMS. Reportedly, Jm Financial, IIFL Securities, and ICICI Securities Limited are the book-running lead managers of the DOMS IPO. Sheetal Universal IPO Sheetal Universal is associated with agriculture commodities, the company already launched the IPO which started on December 4 and will close on December 6. The size of the IPO is ₹23.80 crore, having the fresh issue of 34 lakh equity shares. The company issued the band price at ₹70 per share. The IPO has an estimated number of 2,000 shares, and the minimum amount of the IPO is ₹140,000 which has to be raised. Accent Microcell Limited Accent Microcell will open IPO on December 8, 2023, it will close on December 12, 2023. The issue price on the book is ₹78.40 crores and 56 lakh shares will be issued. People have to buy at least 1000 shares to get an allotment subscription. Accent Microcell offered a band price of ₹133 to ₹140. Muthoot Microfin Limited IPO Reportedly, Muthoot Microfin Limited is going for a subscription this month. However, the share price and IPO release date have not been made yet public. IPO book built issue of Muthoot MicroFin limited is ₹1,350 crores, including a fresh issue of ₹950 crores and a sale issue of ₹400 crores. SJ Logistics The IOP date and price of a share will be public soon. SJ Logistics has booked a built issue of 38.4 lakh shares, including an entirely fresh issue of 38.4 lakh shares. Other Jyoti CNC Automation, InoxCVA, and India Shelter will also announce the date of the IPO soon.

FAQs:-

What is the meaning of IPO in the stock market? Private companies raise capital from the public which is known as IPO. The full form of IPO is initial public offering (IPO). What is the value of the stock market in India in December 2023? Indian stock market reached to nearly 4 Trillion in December 2023. This signifies the stability and growth of the Indian market. Read the full article

[newsclick01]

SJS Enterprises IPO Subscribed 1.59 Times On Final

SJS Enterprises IPO Subscribed 1.59 Times On Final

SJS Enterprises IPO: The price band was fixed at Rs 531-542 per equity share The initial public offering (IPO) of SJS Enterprises was subscribed 1.59 times on the third and final day of its issue, according to subscription data on the stock exchanges. The IPO of the leading player in the decorative aesthetics industry opened for subscription on Monday, November 1, and closed today, November 3 –…

[doonitedin]

Share Market LIVE: Nifty reclaims 17900, Sensex tops 60000, indices trade at day’s highs; IndusInd Bank up 7%

India VIX was up in the green. (Image: REUTERS) Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity markets began trading in the green on Monday morning, looking to recover some of last week’s losses. S&P BSE Sensex was above 59,600 while Nifty 50 was above 17,800. Broader market were mirroring the up-move and India VIX was up in the green. Bank Nifty was up 0.62% above…

[vision4perception]

Listing of ​Policybazaar, SJS Enterprises and Sigachi Industries tomorrow: Which one will double wealth?

Listing of ​Policybazaar, SJS Enterprises and Sigachi Industries tomorrow: Which one will double wealth?

New Delhi: Following mixed signals by recent debutants, Dalal Street traders are keenly awaiting three new listings on stock exchanges on Monday. PB Fintech (Policybazaar), SJS Enterprises and Sigachi Industries are going to be listed on Monday. The IPOs of all the three companies were open for subscription between November 1-3. If grey market trends are to be believed, all the three stocks are…

[jimtnews]

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

எஸ்ஜேஎஸ் எண்டர்பிரைசஸ் ஐபிஓ ரூ.800 கோடி மதிப்பிலான விற்பனைக்கான சலுகையைக் கொண்டிருந்தது. எஸ்.ஜே.எஸ் எண்டர்பிரைசஸ் லிமிடெட்டின் பங்குகள் திங்களன்று பலவீனமான பங்குச் சந்தையில் அறிமுகமானதால், ஒரு பங்கின் வெளியீட்டு விலையான ரூ.542 உடன் ஒப்பிடும்போது, ​​ஒரு பங்கு ரூ.540க்கு வர்த்தகம் தொடங்கியது. இந்த பங்கு 6.13 சதவீதம் சரிந்து பிஎஸ்இயில் ரூ.508.75 ஆக குறைந்தது. தேசிய பங்குச் சந்தையில், எஸ்.ஜே.எஸ்…

[ideamonk]

SJS Enterprises IPO Subscribed 1.59 Times On Final Day Of Issue

SJS Enterprises IPO Subscribed 1.59 Times On Final Day Of Issue

SJS Enterprises IPO: de prijsklasse werd vastgesteld op Rs 531-542 per aandelenaandeel Op de beursintroductie (IPO) van SJS Enterprises werd op de derde en laatste dag van uitgifte 1,59 keer ingeschreven, zo blijkt uit inschrijvingsgegevens op de beurzen. De beursintroductie van de toonaangevende speler in de decoratieve esthetiek-industrie opende maandag 1 november voor inschrijving en sloot…

[firstwatercapital]

Paytm Shares: Why blame solely Paytm? These 18 D-St debutants have tumbled 40-65%

New Delhi: Recently-listed One97 Communications, the parent company of Paytm, has been in the spotlight for eroding investor wealth. However, the stock is not an exception! 17 others have been wiping off investor money in the latest phase of correction on D-Street.

Out of 60 stocks on the BSE IPO Index, 18 stocks have dropped between 40 per cent and 65 per cent from their highs since listing. About half of the stocks in the index have wiped out one third of the investors’ wealth, the data from Ace Equity shows. 

Market experts said that the rout in global tech stocks, aggressive pricing, pure offer for sale issues, rich valuations, FII outflows, inflationary concerns and uncertainty due to the Russia-Ukraine war are adding pressure on the latest debutants. 

Ricky Kirpalani, Lead Sponsor, First Water Capital Fund (AIF) said that it is not unprecedented, as exuberance followed by a lull in the primary markets is typically seen every few years. 

“The correction in certain new listings has resulted from a deflation in IPO valuations that were stretched. Markets have been undergoing a reality check and it is not surprising that the frothiest stocks have been correcting,” he added. 

CarTrade Tech tops the losers’ list with a 66 per cent fall. The script, listed in August 2021, has dropped to Rs 547.6 on March 14, 2022 compared to its highest price of Rs 1,610.

It is accompanied by One97 Communications, which also has tanked 66 per cent to Rs 675.35 from Rs 1961.05. The company was listed in November 2021.

Listed about a year ago, Suryoday Small Finance Bank has eroded 62 per cent of the investors wealth. The script settled at Rs 112.95 on Monday from Rs 295.95 in March 2021. 

Interestingly, all the three counters were listed at discounts and have not even hit their issue price thus far. This means, the fall is more severe compared to the issue price. 

Market experts suggest that investors should reduce exposure to most new-age companies as the selling pressure could continue for a while on the back of their pricey valuations. 

Startups including Zomato and PB Fintech have eroded more than half of investors’ wealth from their recent peak. Fino Payments Bank and Krsnaa Diagnostics have also plunged more than 50 per cent. 

The recovery in stocks will depend upon the underlying business and the valuation of the stock, said Neha Khanna, Director, ValPro, a tech based investment banking platform. “There should be recovery but overpriced stocks will continue to languish.” 

Retail investors should be cautious to subscribe to IPOs only after careful analysis, cautioned Khanna. “The upside in some of the tech stocks may already be taken by venture capitalists pre-listing.” 

Paras Defense And Space Technologies, Nazara Technologies, Windlas Biotech, FSN E-Commerce Ventures (Nykaa) and Railtel Corporation of India have slipped between 45-50 per cent from their post listing peaks. 

RateGain Travel Technologies, Latent View Analytics, AGS Transact Technologies, Glenmark Life Sciences, Hindustan Media Ventures and Tega Industries are other players to fall more than 40 per cent. 

ETMarkets.com Other companies including Vijaya Diagnostics, AMI Organics, GR Infraprojects, Barbeque-Nation, Go Fashion, SJS Enterprises, Exxaro Tiles, Dodla Dairy and Laxmi Organics have wiped out one third of investors wealth from their peaks. ETMarkets.com Market participants said that understanding business fundamentals, peer comparison, the business model, strength and moats, compounding growth in revenue, sustained margins and the IPO price to understand possible upside is key. 

Akhil Rathi, Vice President Advisory at Marwadi Financial Services, said that the recovery in some of these stocks which are backed by strong products and revenue visibility in upcoming quarters is expected. 

“Investors should wait and watch the company’s upcoming earnings and outlook to enter into these stocks, ” he added. “Long term investors should accumulate the stocks in parts, as we might see continued volatility in the near future.”

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[divyabhashkar]

Earn money from 1 to 3 November from IPO know how check details here varpat

Earn money from 1 to 3 November from IPO know how check details here varpat

नई दिल्ली. इनिशियल पब्लिक ऑफरिंग (IPO) सीजन नए धमाके के साथ वापस आ गया है, क्योंकि तीन कंपनियां सार्वजनिक लिस्टिंग के लिए अपनी बोली प्रक्रिया शुरू करने के लिए तैयार हैं. पॉलिसीबाजार (Policy bazar), सिगाची इंडस्ट्रीज (Sigachi Industries) और SJS एंटरप्राइजेज ( SJS Enterprises ) नवंबर के पहले सप्ताह में कुल मिलाकर 6,634 करोड़ रुपये जुटाने की योजना बना रहे हैं. तीनों आईपीओ 1 नवंबर को खुलेंगे और 3…

[techminsolutions]

50% of November IPOs fall below their issue prices amid market crash

50% of November IPOs fall below their issue prices amid market crash

A sharp correction in equity markets have dragged half or four out of seven newly listed companies, that made stock market debut in November, below their respective issue prices. One97 Communications, the parent company of digital payments major Paytm, fintech company Fino Payments Bank, auto ancillary firm SJS Enterprises, quick service restaurant (QSR) Sapphire Foods are now trading below…

[salam2050]

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

SJS Enterprises IPO consisted of an offer for sale worth Rs 800 crore. Shares of SJS Enterprises Limited made weak stock market debut on Monday as it opened for trading at Rs 540 per share compared with its issue price of Rs 542 per share. The stock fell as much as 6.13 per cent to hit an intraday low of Rs 508.75 on the BSE. On the National Stock Exchange, SJS Enterprises shares hit an intraday…

[doonitedin]

Share Market LIVE: Nifty sits above 17,900, Sensex nears 60,300; Larse & Toubro, Tech Mahindra top gainers

India VIX was down in red on opening bell. (Image: REUTERS) Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices started Wednesday’s session in the green. Sensex regained 60,300 on opening bell while Nifty 50 was above 17,900. Bank Nifty reclaimed 40,000 mark. Broader markets were trading with gains while India VIX was down in red, slipping below 17 levels.…

[innocentamit]

PolicyBazaar parent company PB Fintech IPO and SJS Enterprises IPO Listing - Business News India

PolicyBazaar parent company PB Fintech IPO and SJS Enterprises IPO Listing – Business News India

PB Fintech, the parent company of platforms like PolicyBazaar and PaisaBazaar, had the best listings in the stock market on Monday. The IPO of parent company Policybazaar PB Fintech was listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for Rs 1,150 on Monday. Policybazaar IPO was priced at 17.35 percent of the value of the article. The price of the IPO was Rs 980. At the…

[hummingzone]

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

SJS Enterprises Shares Make Weak Market Debut, Falls 6% From IPO Price

SJS Enterprises IPO consisted of an offer for sale worth Rs 800 crore. Shares of SJS Enterprises Limited made weak stock market debut on Monday as it opened for trading at Rs 540 per share compared with its issue price of Rs 542 per share. The stock fell as much as 6.13 per cent to hit an intraday low of Rs 508.75 on the BSE. On the National Stock Exchange, SJS Enterprises shares hit an intraday…

[planify]

PB fintech subscribed by 16.59 times, SJS Enterprise subscribed by 1.59 times and Sigachi Industries 101 times. Get full detail on IPOs and overall fundraise.

[jimtnews]

SJS Enterprises IPO Subscribed 1.59 Times On Final Day Of Issue

SJS Enterprises IPO Subscribed 1.59 Times On Final Day Of Issue

எஸ்ஜேஎஸ் எண்டர்பிரைசஸ் ஐபிஓ: ஒரு ஈக்விட்டி பங்கின் விலை ரூ.531-542 என நிர்ணயிக்கப்பட்டது. பங்குச் சந்தைகளின் சந்தா தரவுகளின்படி, SJS எண்டர்பிரைசஸின் ஆரம்பப் பொதுப் பங்கீடு (IPO) அதன் வெளியீட்டின் மூன்றாவது மற்றும் கடைசி நாளில் 1.59 மடங்கு சந்தா செலுத்தப்பட்டது. அலங்கார அழகியல் துறையில் முன்னணி வீரரின் ஐபிஓ நவம்பர் 1 திங்கள் அன்று சந்தாவுக்குத் திறக்கப்பட்டது, இன்று நவம்பர் 3 அன்று மூடப்பட்டது –…

[divyabhashkar]

Earning opportunity SJS Enterprises IPO Issue will open today on 1 November 2021 know price band achs

Earning opportunity SJS Enterprises IPO Issue will open today on 1 November 2021 know price band achs

नई दिल्‍ली. डेकोरेटिव एस्थेटिक्स सप्लायर एसजेएस एंटरप्राइजेज का पब्लिक ऑफर (SJS Enterprises IPO) आज खुलने वाला है. यह पूरी तरह से ऑफर फॉर सेल (OFS) है. इसलिए कंपनी को आईपीओ से कोई पैसा नहीं मिलेगा. आईपीओ से जुटने वाला पूरा फंड प्रमोटरों के पास जाएगा. ऑफर के जरिये कंपनी स्टॉक एक्सचेंज पर इक्विटी शेयरों को सूचीबद्ध करने के फायदे लेगी. एसजेएस एंटरप्राइजेज का आईपीओ सब्‍सक्रिप्‍शन (IPO Opening) के लिए…