Jyoti CNC Automation Ltd
Price Range
₹315 - ₹331
Min. Quantity
45
Closes on
11 January 2024
Min. investment
₹14,895/585 Shares
Jyoti CNC Automation Ltd IPO Timeline
Jyoti CNC Automation Limited was originally incorporated as AMB Engineering Company Private Limited', at Gujarat vide Certificate of Incorporation issued by the ROC, on January 17, 1991. Thereafter, Company's name was changed to Jyoti CNC Automations Private Limited', on May 08, 2002, issued by the ROC . Thereafter, Company converted into a Public Limited Company and the name was changed to Jyoti CNC Automation Limited', vide a fresh Certificate of Incorporation issued by the ROC on November 30, 2012.
| Event | Date |
|---|---|
| Jyoti CNC Automation Ltd IPO Opening Date | 9 January 2024 |
| Jyoti CNC Automation Ltd IPO Closing Date | 11 January 2024 |
| Basis of Allotment | 12 January 2024 |
| Initiation of Refunds | 15 January 2024 |
| Credit of Shares to Demat | 15 January 2024 |
| Jyoti CNC Automation Ltd IPO Listing Date | 16 January 2024 |
Jyoti CNC Automation Ltd IPO Details
| Jyoti CNC Automation Ltd IPO Date | 9 January 2024 to 11 January 2024 |
| Jyoti CNC Automation Ltd IPO Face Value | ₹2 per share |
| Jyoti CNC Automation Ltd IPO Price | ₹315 to ₹331 per share |
| Jyoti CNC Automation Ltd IPO Lot Size | 45 |
| Issue Size | Shares of ₹2 (aggregating up to ₹1,000 Cr) |
| Fresh Issue | Shares of ₹2 (aggregating up to ₹1000 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 94,76,190 of the Net Offer |
| Retail Shares Offered | Not less than 31,58,730 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 47,38,095 of the Net Offer |
| Company Promoters | Parakramsinh Ghanshyamsinh Jad, Sadhevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana |
Jyoti CNC Automation Ltd IPO Lot Size
The Jyoti CNC Automation Ltd IPO lot size is 45 shares. A retail-individual investor can apply for up to 13 lots (585 shares or ₹1,93,635).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 45 | ₹14,895 |
| Maximum | 13 | 585 | ₹1,93,635 |
- Strengths
- Risks
- Opportunities
- One of the leading CNC machine manufacturing companies globally as well as in India with presence across the CNC metal cutting machinery value chain.
- Well diversified global customer base spread across end-user industries.
- Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities.
- Vertically integrated operations which enables customisation and production efficiencies.
- Experienced Promoters supported by a strong management and execution team.
Company Financials
Jyoti CNC Automation Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 2,300.92 | 1,197.58 | 139.99 |
| 03-2023 | 1,583.88 | 860.4 | 39.33 |
| 03-2022 | 1,324.53 | 686.5 | 19.25 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment and/or pre-payment in full or part of certain borrowings availed by the company
- Funding long term working capital requirements of the company
- General corporate purposes
Jyoti CNC Automation Ltd IPO Promoter Holding
| Pre Issue Share Holding | 31.03% |
| Post Issue Share Holding | 26.91% |
Jyoti CNC Automation Ltd IPO Subscription Status (Bidding Detail)
The Jyoti CNC Automation Ltd IPO is subscribed 38.53 times on 11 January 2024 05:00:00 PM. The public issue subscribed 26.17 times in the retail category, 44.13 times in the QIB category, and 36.48 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 44.13 | 36.48 | 26.17 | 12.48 | 38.53 |
Jyoti CNC Automation Ltd IPO Prospectus
Jyoti CNC Automation Ltd IPO Listing Date
| Listing Date | 16 January 2024 |
| BSE Script | 544081 |
| NSE Symbol | JYOTICNC |
| Listing In | BSE, NSE |
| ISIN | INE980O01024 |
| IPO Price | ₹331 |
| Face Value | ₹2 |
Company Contact Information
G-506 Lodhika GIDCVillage Metoda,Rajkot-360021
Phone: +91 28272 35182
Email: investors@jyoti.co.in
Website: www.jyoti.co.in
Jyoti CNC Automation Ltd IPO Registrar
Jyoti CNC Automation Ltd IPO Lead Manager(s)
- Equirus Capital Pvt Ltd
- ICICI Securities Ltd
- SBI Capital Markets Ltd
FAQ
What is the issue size of Jyoti CNC Automation Ltd IPO?
I have pre-applied for Jyoti CNC Automation Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.