Jyoti CNC Automation IPO GMP Live
Jyoti CNC Automation IPO GMP Today is 60 0% Last updated on 3 Jan 2024 time : 12:30:03
| Price | 315- 331 |
| Premium | 47(14%) |
| Lot | 45 |
Last GMP Update: 10/01/2024 , 1:42 :02
Jyoti CNC Automation IPO Subscription status live
Please check again later ” It’s Live ”
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | coming.. | coming.. | coming.. |
| NIB | coming.. | coming.. | coming.. |
| RETAIL | coming.. | coming.. | coming.. |
| Total | coming.. | coming.. | coming.. |
Jyoti CNC Automation Limited About
Established in January 1991, Jyoti CNC Automation Limited operates as a prominent manufacturer and supplier specializing in CNC machines, headquartered in India. The extensive product portfolio encompasses a diverse array of CNC machines, including turning centres, turning-milling centres, vertical and horizontal machining centres, 3-axis and 5-axis machining centres, and multi-tasking machines.
Their clientele boasts prestigious entities such as ISRO, BrahMos Aerospace Thiruvananthapuram, Turkish Aerospace, and other notable names like Tata, Bharat Forge, Rolex Rings, and Bosch Limited. With an impressive catalog of 200 types spanning 44 series, Jyoti CNC has delivered over 7,200 machines to a global customer base exceeding 3,000 clients across India, Europe, North America, and select Asian regions, amassing a remarkable count of 30,000 CNC machines since April 1, 2004.
The company’s extensive distribution network spans the globe through Huron’s established dealer network, bolstered by 29 sales and service centers strategically positioned in various countries including Romania, France, Poland, Belgium, Italy, and the UK.
Operating three manufacturing facilities, two situated in Rajkot, Gujarat, and one in Strasbourg, France, Jyoti CNC boasts comprehensive capabilities for the design, development, and manufacturing of their entire product line.
As of June 30, 2023, the company’s combined production capacity stood at 4,400 machines annually in India and 121 machines annually in France.
Reflecting its robust business, the company’s order backlog as of June 30, 2023, tallied at ₹ 31,430.56 million, inclusive of a substantial ₹ 2,602.50 million order from an electronic manufacturing services (EMS) company.
Employing a workforce of 2,573 individuals as of June 30, 2023, Jyoti CNC Automation Limited continues to fortify its position as a leader in the CNC machines industry with an expansive global footprint and a commitment to innovative and efficient manufacturing practices.
Jyoti CNC Automation Products List
Objective of the issue (Jyoti CNC Automation limited )
The company aims to allocate the Net Proceeds garnered from the Fresh Issue to fulfill the following objectives:
- Repayment and/or partial or full pre-payment of specific borrowings obtained by the company.
- Provision of funds for the company’s long-term working capital necessities
- Catering to general corporate needs and purposes.
Jyoti CNC Automation IPO Details
The Jyoti CNC Automation IPO, valued at Rs 1,000.00 crores, is an exclusively fresh issue. Subscription for the IPO commences on January 9, 2024, concluding on January 11, 2024. Allotment details are projected to be confirmed by Friday, January 12, 2024. The anticipated listing date for the Jyoti CNC Automation IPO on BSE and NSE is Tuesday, January 16, 2024, with pricing bands yet to be disclosed.
Equirus Capital Private Limited, ICICI Securities Limited, and SBI Capital Markets Limited serve as the book running lead managers for the IPO, while Link Intime India Private Ltd acts as the issue’s registrar. For comprehensive details, please refer to the Jyoti CNC Automation IPO RHP.
| IPO Date | Information |
|---|---|
| IPO Date | January 9, 2024 to January 11, 2024 |
| Listing Date | [•] |
| Face Value | ₹2 per share |
| Price Band | 315 to 331 per share |
| Lot Size | 45 |
| Total Issue Size | /- shares (aggregating up to ₹1,000.00 Cr) |
| Fresh Issue | /- shares (aggregating up to ₹1,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 195,757,090 |
| Share holding post issue | Coming… |
Jyoti CNC Automation IPO Reservation
Jyoti CNC Automation IPO is offering ……/- shares. Out of these, 75% are allocated to QIBs, 15% to NIIs, 10% to RIIs, and ….% to Anchor investors .
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | Coming… |
| Market Maker | Coming… |
| QIB | 75% |
| NII (HNI) | 15% |
| Retail | 10% |
| Total Shares Offered | Coming… |
Jyoti CNC Automation IPO Anchor Investor Details
The VLCC Health Care IPO secures Rs……./- crore from anchor investors. The Kay Cee Energy & Infra IPO’s Anchor bid date is …/…./……
| Parameter | Details |
|---|---|
| Bid Date | Coming… |
| Shares Offered | Coming… |
| Anchor Portion Size (In Cr.) | Coming… |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming… |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming… |
Jyoti CNC Automation IPO Schedule
Jyoti CNC Automation IPO commences ( open ) on 09/01/2024 and concludes ( close ) on 11/01/2024
| Event | Date |
|---|---|
| IPO Open Date | Tuesday, January 9, 2024 |
| IPO Close Date | Thursday, January 11, 2024 |
| Basis of Allotment | Friday, January 12, 2024 |
| Initiation of Refunds | Monday, January 15, 2024 |
| Credit of Shares to Demat | Monday, January 15, 2024 |
| Listing Date | Tuesday, January 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 11, 2024 |
Jyoti CNC Automation IPO Lot Size
Investors have the opportunity to bid for a minimum of ……/- shares and in multiples thereof. The following table illustrates the minimum and maximum investments by retail investors and HNI in terms of shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14895 |
| Retail (Max) | – | – | ₹ – |
| HNI (Min) | 14 | 630 | ₹ 208530 |
Jyoti CNC Automation Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,706.07 | 1,515.38 | 1,286.24 | 1,388.19 |
| Revenue | 510.53 | 952.60 | 750.06 | 590.09 |
| Profit After Tax | 3.35 | 15.06 | -48.30 | -70.03 |
| Net Worth | 205.63 | 36.23 | -29.68 | 18.67 |
| Reserves and Surplus | 213.33 | 49.14 | 11.67 | 83.11 |
| Total Borrowing | 821.40 | 834.97 | 792.16 | 725.12 |
Jyoti CNC Automation performance
| KPI | Values |
|---|---|
| P/E (x) | [•] |
| Post P/E (x) | [•] |
| Debt/Equity | 10.17 |
Jyoti CNC Automation address
Jyoti CNC Automation Limited
G – 506, Lodhika GIDC
Village Metoda,
Rajkot – 360 021,
Phone: + 91-2827–235182
Email: investors@jyoti.co.in
Website: https://jyoti.co.in/
Read more : Kay Cee Energy and infra GMP Today, subscription status
Jyoti CNC Automation IPO FAQs
1. What Jyoti CNC Automation IPO?
Answer:[ Jyoti CNC Automation IPO represents a main-board offering of [.] equity shares, each with a face value of ₹2, collectively amounting to ₹1,000.00 Crores. The share price range for this issue is anticipated to fall between [.] to [.] per share, with the minimum order quantity yet to be disclosed.
Scheduled to commence on January 9, 2024, the IPO is set to conclude on January 11, 2024. Acting as the registrar for this IPO, Link Intime India Private Ltd ensures the efficient management of share allotments and related processes.
The intended listing of shares spans across both BSE and NSE, marking a significant step in the company’s public offering and market entry. ]
3. When Jyoti CNC Automation IPO will open?
Answer: [The window for the Jyoti CNC Automation IPO starts on January 9, 2024, and concludes on January 11, 2024.]
4. What is the lot Jyoti CNC Automation IPO?
Answer: [At the moment, information regarding the lot size and minimum order quantity for the Jyoti CNC Automation IPO is unavailable. Please revisit for updates at a later time.]
5. How to apply for Jyoti CNC Automation IPO?
Answer:[
- Log in: Visit your broker’s website and log in to your account.
- Access IPO Section: Navigate to your Portfolio or relevant section and locate the IPOs link.
- Select Jyoti CNC Automation IPO: Look for the ‘Jyoti CNC Automation IPO’ and click the ‘Bid’ or ‘Apply’ option.
- Provide Details: Enter necessary information such as your UPI ID, Quantity of shares, and Price.
- Submit Application: Complete and submit the IPO application form.
- Approve Mandate: Proceed to your UPI App (net banking or BHIM) to approve the mandate for the IPO application. ]
6. When is Jyoti CNC Automation IPO allotment?
Answer: [The Basis of Allotment for the Jyoti CNC Automation IPO will be concluded by Friday, January 12, 2024. Subsequently, the allocated shares will be deposited into your demat account by Monday, January 15, 2024. You can verify the allotment status of the Jyoti CNC Automation IPO.]
7. When is Jyoti CNC Automation IPO listing date?
Answer: [The specific listing date for the Jyoti CNC Automation IPO remains undisclosed as of now. However, there’s a tentative plan for the Jyoti CNC Automation IPO to potentially list on Tuesday, January 16, 2024.]
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