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 company raised Rs 1,600 crore in the IPO which consisted of an offer for sale worth Rs 800 crore from its existing shareholders Evergraph and K.A.
SJS Enterprises is a ‘design-to-delivery’ aesthetics solutions provider with a diverse product offering for the automotive and consumer appliance industries.