The Jyoti CNC Automation Ltd IPO date has been confirmed from January 9, 2024 and closes on January 11, 2024. Read the post to learn about Jyoti CNC Automation Ltd IPO GMP.
Jyoti CNC Automation Ltd IPO is a fixed-price offering of Rs 1,000.00 crore. The price range is ₹315-331 per share. The minimum lot size for an application is 45 shares. The minimum investment for retail investors is ₹14,895. The minimum lot size investment for sNII is 14 lots (630 shares) for ₹208,530, while for bNII, it is 68 lots (3,060 shares) worth ₹1,012,860.
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Key Details Of Jyoti CNC Automation Ltd IPO:
Bidding Dates
January 9-11
Price Range
₹315 to ₹331 per share
Face Value
₹2 per share
GMP
₹38
Jyoti CNC Automation GMP
The Jyoti CNC Automation IPO GMP Today is ₹38.
Jyoti CNC Automation Ltd IPO Overview
The Jyoti CNC Automation Ltd IPO is a book-built offering of Rs 1,000.00 crore. The situation is entirely new. Jyoti CNC Automation Ltd’s initial public offering (IPO) begins on January 9, 2024 and concludes on January 11, 2024. The IPO allocation for Jyoti CNC Automation Ltd is anticipated to be completed on Friday, January 12, 2024. Jyoti CNC Automation Ltd’s IPO will be listed on the BSE and NSE, with a projected listing date of Tuesday, January 16, 2024. The pricing ranges for Jyoti CNC Automation’s first public offering are yet to be published.
Huron’s established dealer network distributes its products globally, and the company also has 29 sales and service sites in Romania, France, Poland, Belgium, Italy, and the United Kingdom. The firm operates three production facilities, two in Rajkot, Gujarat, and one in Strasbourg, France, all of which have the necessary capabilities to design, develop, and produce the whole product range.
As of June 30, 2023, the company’s production capacity in India was 4,400 units per year, with 121 machines produced in France. As of June 30, 2023, the firm’s order backlog was 31,430.56 million, including a $2,602.50 million order from an electronic manufacturing services (EMS) firm. As of June 30, 2023, the corporation has 2,573 employees.
Jyoti CNC Automation Ltd IPO Details
| 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 Shares |
| Total Issue Size | 30,211,480 shares (aggregating up to ₹1,000.00 Cr) |
| Fresh Issue | 30,211,480 shares (aggregating up to ₹1,000.00 Cr) |
| Employee Discount | Rs 15 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 197,204,447 |
| Share holding post issue | 227,415,927 |
Jyoti CNC Automation Ltd IPO 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 Ltd IPO Timeline
| 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 |
Company Profile
Jyoti CNC Automation Ltd, founded in January 1991, is a producer and provider of CNC machines. The firm provides 200 distinct CNC machines in 44 different series. Over 7,200 laptops have been supplied to over 3,000 consumers worldwide over the previous three fiscal years, including in India, Europe, North America, and a few Asian locations. Jyoti CNC has shipped over 30,000 CNC machines globally since April 1, 2004.ISRO, BrahMos Aerospace Thiruvananthapuram, Turkish Aerospace, Uniparts India, Tata Advances System, Tata Sikorsky Aerospace, Bharat Forge, Shakti Pumps (India), Shreeram Aerospace & Defence, Rolex Rings, Harsha Engineers, Bosch Limited, HAWE Hydraulics, Festo India, Elgi Rubber, National Fittings, and others are among the customers. The firm provides 200 CNC machines in 44 distinct series. Over 7,200 laptops have been supplied to over 3,000 clients worldwide over the previous three fiscal years, including India, Europe, North America, and a few countries of Asia. Jyoti CNC has supplied more than 30,000 CNC machines globally since April 1, 2004.
Registrar Info
| Name | Link Intime India Private Ltd |
| Phone number | +91-22-4918 6270 |
| Email ID | [email protected] |
| Website | linkintime.co.in |
Contact Details
| Name | Jyoti CNC Automation Limited |
| Phone number | + 91-2827–235182 |
| Email ID | [email protected] |
| Website | jyoti.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Jyoti CNC Automation Ltd IPO FAQs
When Jyoti CNC Automation IPO will open?
The Jyoti CNC Automation IPO opens on January 9, 2024 and closes on January 11, 2024.
What is the lot size of Jyoti CNC Automation IPO?
Jyoti CNC Automation IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is Jyoti CNC Automation IPO allotment?
The finalization of Basis of Allotment for Jyoti CNC Automation IPO will be done on Friday, January 12, 2024, and the allotted shares will be credited to your demat account by Monday, January 15, 2024.
When is Jyoti CNC Automation IPO listing date?
The Jyoti CNC Automation IPO listing date is not yet announced. The tentative date of Jyoti CNC Automation IPO listing is Tuesday, January 16, 2024.
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