IPO update: SJS Enterprises

SJS Enterprises came out with its IPO about four months ago, and you can find our detailed analysis of the IPO here. In this update, we will look at the market performance and business performance of SJS Enterprises post issue. Our analysis of the IPO We gave a score of 16 out of 25 to this decorative aesthetics manufacturer. SJS Enterprises designs and manufactures a wide range of aesthetic solutions primarily for the automotive and consumer appliance industries. The company also caters to the medical devices, farm equipment and sanitary ware segments. It deals in 11 product categories like decals, logos, badges, dials, etc. SJS Enterprises has two manufacturing facilities in Bangalore and Pune and exports to more than 20 countries. Our rating of SJS Enterprises was based on the following: Out of the 10 business metrics, the company did well on five. It scored six out of six on management-quality-related metrics. It cleared five of eight financial metrics. It didn't clear any valuation-related metrics. Stock performance sinc