Jyoti CNC Automation Limited

Jyoti CNC Automation Limited

Mainboard

₹14,895 / 45 Shares

Offer Date:Jan 9, 2024 - Jan 11, 2024
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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

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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.

ApplicationLotsSharesAmount
Retail (Min)145₹14,895
Retail (Max)13585₹1,93,635
S-HNI (Min)14630₹2,08,530
S-HNI (Max)673015₹9,97,965
B-HNI (Min)683060₹10,12,860

Jyoti CNC Automation Limited IPO Timeline

IPO Open Date
9 Jan, 2024
IPO Close Date
11 Jan, 2024
Basis of Allotment
12 Jan, 2024
Listing Date
16 Jan, 2024

Issue Price

₹315-331 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

Lead Manager

Equirus Capital Private LimitedICICI Securities LimitedSBI Capital Markets Limited

Issue Size

30,211,480 shares(aggregating up to ₹1,000.00 Cr)

Jyoti CNC Automation Limited IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 231515.38952.6015.06---
31 Mar 221286.24750.06-48.30---
31 Mar 211388.19590.09-70.03---

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 IssueShare 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.

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Jyoti CNC Automation Limited IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved9,018,127
4,509,064

3,006,042    1,503,021
3,006,04216,533,233
Day 1 -09-01-24 05:00 PM
0.02 x
3.63

2.99 x   4.92 x
8.28 x2.52 x
Day 2 -10-01-24 05:00 PM
0.22 x
6.49

5.88 x   7.70 x
11.08 x3.92 x
Day 3 -11-01-24 05:00 PM
44.13 x
36.48

40.70 x   28.04 x
26.17 x38.53 x
Total No. of Applications:16,13,063 (Approx)
Retail Subscription:

24.15 times

Company Contact Details

Jyoti CNC Automation Limited

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

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.

PD

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.

Jyoti CNC Automation Limited IPO Date, Review, Price, Allotment Details, GMP | IPOROCK