Jay Bee Laminations Limited
Bookbuilding IPO · NSE
- Price band
- ₹138 - ₹146
- Lot size
- 1,000 shares
- Issue amount
- ₹88.96 cr
- Total subscription
- 120.32×
- Opens
- 27 Aug 2024
- Closes
- 29 Aug 2024
- Allotment
- 30 Aug 2024
- Listing
- 3 Sept 2024
Offer at a glance
Issue overview
- Issue size
- 60,93,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,38,000
- Fresh issue
- ₹66.72 cr
- Offer for sale
- ₹22.24 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,46,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,79,97,600
- Shares after issue
- 2,25,67,530
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,000 | ₹1,46,000 |
| HNI | 2 | 2,000 | ₹2,92,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 16.64 | 1,204.19 |
| RETAIL | 30.16 | 3,012.2 |
| NIB | 12.73 | 2,947.61 |
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| EPS | 10.75 | 7.56 | 3.18 |
| ROE | 36.42 | 37.1 | 21.76 |
| ROCE | 39.23 | 34.55 | 21.1 |
| RONW | 30.81 | 31.29 | 19.14 |
| PRE IPO(PE) | 13.58 | 0 | 0 |
| POST IPO(PE) | 17.03 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Jay Bee Laminations Ltd, established in 1988, specializes in supplying Cold Rolled Grain Oriented (CRGO) and Cold-Rolled Non-Grain-Oriented (CRNGO) steel cores for transformers, UPS systems, and inverters in the power industry. The company manufactures a wide range of products, including electrical laminations, slotted coils, and assembled cores. Its 10,878-square-meter production facility is equipped with advanced machinery for cutting, slitting, assembling, and testing electrical steel cores, along with an in-house laboratory for material testing and a tooling department for blade sharpening. Serving transformer manufacturers up to the 220 kV class, the company utilized 84% of its installed capacity as of December 31, 2023. With a strong customer base in the power and distribution transformer sector (ranging from 11 kV to 220 kV), Jay Bee Laminations employed 277 people as of March 31, 2024.
Strengths
- Proven Experience: Jay Bee Laminations Ltd has been a trusted name in the industry since 1988, showcasing reliability and expertise over the years.
- Reliable Supplier Network: The company has strong, long-term relationships with suppliers, ensuring a steady flow of quality raw materials.
- Stable & Efficient Operations: With strong financial health and operational efficiency, Jay Bee Laminations continues to grow and succeed in the market.
Risk factors
- Past Financial Losses: The company has faced net losses, especially in FY 2021, and rising expenses could make it harder to achieve steady profitability in the future.
- Operational Risks: With just two manufacturing plants in Noida and Greater Noida, any disruptions at these facilities could have a major impact on business and financial performance.
- No Long-Term Customer Deals: Since the company doesn’t have long-term agreements with customers, there’s a risk that they might switch to other suppliers or start making the products themselves.
Promoters
Mr. Munish Kumar Aggarwal
Mr. Mudit Aggarwal
Mrs. Sunita Aggarwal
Registrar & documents
Lead manager
Swaraj Shares and Securities Private Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
26/36, Upper Ground Floor, East Patel Nagar New Delhi Patel Nagar East, Central Delhi, New Delhi -110008
+91-9870403729
[email protected]Company website ↗Understanding JAYBEE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.