November 1, 2021 - November 3, 2021

SJS Enterprises IPO Review & Recommendations

Canara Bank, Hem Securities, ICICI Direct and Marwadi Shares and Finance Ltd have given "Apply" recommendation to SJS Enterprises IPO. Dilip Davda has given "May Apply" recommendation to SJS Enterprises IPO. Axis Capital, Capital Market, JM Financial Institutional Securities, Religare Broking Limited and Ventura Securities Limited have "Neutral" view about the IPO.

SJS Enterprises IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	4	1	5	0	0
%	40.00	10.00	50.00	0.00	0.00

SJS Enterprises IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Neutral
Canara Bank	Apply
Capital Market	Neutral
Dilip Davda	May Apply
Hem Securities	Apply
ICICI Direct	Apply
JM Financial Institutional Securities	Neutral
Marwadi Shares and Finance Ltd	Apply
Religare Broking Limited	Neutral
Ventura Securities Limited	Neutral

SJS Enterprises IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for SJS Enterprises IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

SJS Enterprises IPO Review by Dilip Davda (May apply)

[Dilip Davda] Though the company enjoys a good business relationship with its top 10 clients and has entered the dividend list in the last fiscal, fully priced IPO and massive dilution of over 48% raises concern. Based on its financial parameters, the valuation is on the higher side. Hence cash surplus investors may consider investment with a long term perspective. Read detail review...

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