
Jyoti CNC Automation Limited
Mainboard₹14,895 / 45 Shares
Jyoti CNC Automation Limited IPO Details
The Jyoti CNC Automation Limited IPO price band is set between ₹315-331 per equity share, with a face value of ₹2 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 Jan, 2024 and closes on 11 Jan, 2024. Investors can check the allotment status on 12 Jan, 2024, while the listing date is tentatively scheduled for 16 Jan, 2024.
The total issue size is 30,211,480 shares, aggregating up to ₹1,000.00 Cr. Stay tuned for the latest Jyoti CNC Automation Limited IPO review and GMP updates.
Jyoti CNC Automation Limited IPO Review, Rating & Analysis
Jyoti CNC Automation Limited IPO Review
NO REVIEWJyoti CNC Automation Limited IPO Rating
Jyoti CNC Automation Limited IPO Highlights
IPO Date
Jan 9, 2024 - Jan 11, 2024
Listing Date
16 Jan, 2024
Face Value
₹2 Per Equity Share
Price Band
₹315-331 per equity share
Lot Size
45 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Jyoti CNC Automation Limited IPO Lot Size
The minimum market lot for Jyoti CNC Automation Limited IPO is 45 shares with an application amount of ₹14,895. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,895 |
| Retail (Max) | 13 | 585 | ₹1,93,635 |
| S-HNI (Min) | 14 | 630 | ₹2,08,530 |
| S-HNI (Max) | 67 | 3015 | ₹9,97,965 |
| B-HNI (Min) | 68 | 3060 | ₹10,12,860 |
Jyoti CNC Automation Limited IPO Timeline
Issue Price
₹315-331 per equity shareFace Value
₹2 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Equirus Capital Private LimitedICICI Securities LimitedSBI Capital Markets LimitedIssue Size
30,211,480 shares(aggregating up to ₹1,000.00 Cr)Jyoti CNC Automation Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 1515.38 | 952.60 | 15.06 | - | - | - |
| 31 Mar 22 | 1286.24 | 750.06 | -48.30 | - | - | - |
| 31 Mar 21 | 1388.19 | 590.09 | -70.03 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Parakramsinh Ghanshyamsinh Jadeja
- Sahdevsinh Lalubha Jadeja
- Vikramsinh Raghuvirsinh Rana
- Jyoti International LLP
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 72.66% | 62.60% |
About Company
Jyoti CNC Automation Limited is a manufacturer and supplier of CNC machines. The company is based in India and specializes in manufacturing and supplying CNC machines. The product range includes CNC turning centres, CNC turning-milling centres, CNC vertical machining centres (VMCs), CNC horizontal machining centres (HMCs), simultaneous 3-axis CNC machining centres, simultaneous 5-axis CNC machining centres and multi-tasking machines.
The company's customer base includes Indian Space Applications Center - ISRO, BrahMos Aerospace Thiruvananthapuram, Turkish Aerospace, Uniparts India, Tata Advances System, Tata Sikorsky Aerospace, Bharat Forge, Shakti Pumps (India), Shreeram Aerospace & Defense, Rolex Rings, Harsha Engineers, Bosch Limited, HAWE Hydraulics, Festo India, Elgi Rubber, National Fittings and .
The company has a wide range of CNC machines with 200 types in 44 series. In the last three financial years, over 7,200 machines have been supplied to more than 3,000 customers worldwide, including India, Europe, North America and a few parts of Asia. Since April 1, 2004, Jyoti CNC has delivered over 30,000 CNC machines worldwide.
The company distributes its products worldwide through Huron's established dealer network and also has 29 sales and service centres in Romania, France, Poland, Belgium, Italy and the UK.
The company has three manufacturing facilities, two of which are located in Rajkot, Gujrat, and another in Strasbourg, France, which has the necessary capabilities to design, develop and manufacture the entire product line.
As of June 30, 2023, the company's production capacity was 4,400 machines per year in India and 121 machines per year in France.
As of June 30, 2023, the Company had an order backlog of ₹ 31,430.56 million, including an order of ₹ 2,602.50 million from an electronic manufacturing services (EMS) company.
As of June 30, 2023, the company had a total of 2,573 employees.
Jyoti CNC Automation Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 9,018,127 | 4,509,064 3,006,042 1,503,021 | 3,006,042 | 16,533,233 |
Day 1 -09-01-24 05:00 PM | 0.02 x | 3.63 2.99 x 4.92 x | 8.28 x | 2.52 x |
Day 2 -10-01-24 05:00 PM | 0.22 x | 6.49 5.88 x 7.70 x | 11.08 x | 3.92 x |
Day 3 -11-01-24 05:00 PM | 44.13 x | 36.48 40.70 x 28.04 x | 26.17 x | 38.53 x |
24.15 times
Frequently Asked Questions about Jyoti CNC Automation Limited IPO
When will Jyoti CNC Automation Limited IPO open for subscription?
The Jyoti CNC Automation Limited IPO opens on 9 Jan, 2024 and closes on 11 Jan, 2024.
What is the investors portion for Jyoti CNC Automation Limited IPO?
The investors' portion for QIB is 44.13 x, NII is 40.70 x, and Retail is 26.17 x.
How to apply for Jyoti CNC Automation Limited IPO?
You can apply for Jyoti CNC Automation Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Jyoti CNC Automation Limited IPO?
The issue size of Jyoti CNC Automation Limited IPO is approx ₹30,211,480 shares(aggregating up to ₹1,000.00 Cr) crores.
What is the price band of Jyoti CNC Automation Limited IPO?
The price band for Jyoti CNC Automation Limited IPO is ₹315 to ₹331 per equity share.
What is the lot size of Jyoti CNC Automation Limited IPO?
The minimum bid (lot size) for Jyoti CNC Automation Limited IPO is N/A shares with an investment of approx ₹14,895 .
What is the allotment date of Jyoti CNC Automation Limited IPO?
The allotment date for Jyoti CNC Automation Limited IPO is 12 Jan, 2024.
What is the listing date of Jyoti CNC Automation Limited IPO?
The listing date for Jyoti CNC Automation Limited IPO is expected to be 16 Jan, 2024.
What is the GMP of Jyoti CNC Automation Limited IPO?
The latest Grey Market Premium (GMP) for Jyoti CNC Automation Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
