Jyoti CNC Automation IPO Details: The Jyoti CNC Automation IPO date is fixed now, the IPO is going to hit the market on January 9, 2023 and close on January 11, 2024. Jyoti CNC Automation is going to raise around ₹ ₹1000 crores via IPO that is only a fresh issue of ₹1000 crores with face value of 2 each, there will be no offer for sale. The company has fixed the price band at Rs 315-331 per share for initial public offering. The retail quota for this IPO is 10%, QIB is 75%, and NII is 15%. It has reserved Rs 5 crore worth of shares for its employees and will issue those shares at a discount of Rs 15 each to the final issue price.
Jyoti CNC Automation Limited is a public limited company incorporated on 17 January 1991. The company is headquartered in Rajkot, Gujarat, and is one of the world’s leading manufacturers of CNC machines.
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In Fiscal 2022, Jyoti CNC Automation Limited was India’s second-largest CNC machine manufacturer, accounting for approximately 8% of the market share. The company is known for its diverse portfolio of customized products and solutions. Jyoti CNC Automation Limited is a prominent manufacturer of simultaneous 5-Axis CNC machines in India and is a supplier of one of the most diverse portfolios of CNC machines in India including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC Machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. The company has a subsidiary named Huron based in Strasbourg, France, which is a pioneer for 5-Axis machining technology.
Objects of the Issue:
- Repayment or prepayment of existing borrowings of the company.
- Funding long-term working capital requirements of the company.
- To Meet general corporate purposes.
Jyoti CNC Automation IPO Date & Price Band Details
| IPO Open: | 9 January 2024 |
| IPO Close: | 11 January 2024 |
| IPO Size: | Aprox ₹ 1000 Carores |
| Fresh Issue: | Aprox ₹ 1000 Carores |
| Offer for Sale: | Aprox ₹ [.] Carores |
| Face Value: | ₹ 2 Per Equity Share |
| IPO Price Band: | ₹ 315 to 331 Per Share |
| IPO Listing Date: | 16 January 2024 |
| IPO Listing On: | BSE & NSE |
| IPO Retail Quota: | 10% |
| IPO NII Quota: | 15% |
| IPO QIB Quota: | 75% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Jyoti CNC Automation IPO Allotment & Listing Dates
Jyoti CNC Automation IPO is going to open on January 9, 2023 and the close date is January 11, 2023. The Jyoti CNC Automation IPO allotment will be finalized on January 12, 2024 and the IPO listing date is January 16, 2024.
Jyoti CNC Automation IPO Allotment & Listing Dates
| IPO Open Date: | 9 January 2024 |
| IPO Close Date: | 11 January 2024 |
| IPO Allotment Date: | 12 January 2024 |
| Refunds Date: | 15 January 2024 |
| Credit to Demat Account: | 15 January 2024 |
| IPO Listing Date: | 16 January 2024 |
Jyoti CNC Automation IPO Market Lot
Investors can bid for a minimum 1 Lot of 45 equity shares and in multiples of 45 shares thereafter. The minimum application size for retail investors will be Rs 14,895 for 45 equity shares and the maximum they can invest will be Rs 1,93,635 for 585 equity shares as retail investors are not allowed to exceed the investment limit of Rs 2 lakh.
| Application | Lot Size | Share | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 45 | ₹ 14,895 |
| Retail Maximum | 13 | 585 | ₹ 193,635 |
| S-HNI Mimimum | 14 | 630 | ₹ 208,530 |
| B-HNI Maximum | 68 | 3,060 | ₹ 1,012,860 |
Jyoti CNC Automation Latest GMP
| Date | IPO Price | GMP | Subject to | Expected Listing Price | Last Updated |
|---|---|---|---|---|---|
| 11 January 2024 | ₹ 331 | ₹ 45 | ₹ 1500 | ₹ 376(13.6%) | 11-01-2024 14:05 |
| 10 January 2024 | ₹ 331 | ₹ 44 | ₹ 1500 | ₹ 375(13.29%) | 10-01-2024 22:49 |
| 9 January 2024 | ₹ 331 | ₹ 85 | ₹ 2900 | ₹ 416(25.68%) | 09-01-2024 14:21 |
| 8 January 2024 | ₹ 331 | ₹ 100 | ₹ 3400 | ₹ 431(30.21%) | 08-01-2024 21:58 |
| 7 January 2024 | ₹ 331 | ₹ 76 | ₹ 2600 | ₹ 407(22.96%) | 07-01-2024 16:42 |
| 6 January 2024 | ₹ 331 | ₹ 76 | ₹ 2600 | ₹407 (22.96%) | 06-01-2024 23:19 |
| 5 January 2024 | ₹ 331 | ₹ 67 | ₹ 2300 | ₹ 398 (20.24%) | 05-01-2024 22:50 |
| 4 January 2024 | ₹ 331 | ₹ 85 | ₹ 2900 | ₹ 416 (25.68%) | 04-01-2024 23:29 |
| 3 January 2024 | ₹ | ₹ 60 | ₹- | ₹- | 03-01-2024 23:12 |
| 2 January 2024 | ₹- | ₹- | ₹- | ₹- | |
| 1 Januay 2024 | ₹- | ₹- | ₹- | ₹- |
Brockrage Firm Review on Jyoti CNC Automation IPO:
- Arihant Capital: To be updated Soon
- Capital Market: To be updated Soon
- Hem Security: To be updated Soon
- IDBI Capital: To be updated Soon
- Religare Broking: To be updated Soon
You can check IPO subscription status and IPO allotment status on their respective pages.
Jyoti CNC Automation Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹ 590.09 | ₹ 661.66 | ₹ -70.02 (Loss) |
| 2022 | ₹ 750.06 | ₹ 791.81 | ₹ -48.30 (Loss) |
| 2023 | ₹ 952.60 | ₹ 955.20 | ₹ 15.06 |
Jyoti CNC Automation IPO Valuation – FY2023
Check Jyoti CNC Automation IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹ 0.10 per Equity Share |
| Price to Earning (P/E) Ratio: | 102.63 |
| Return on Net Worth (RoNW): | 18.35% |
| Net Asset Value (NAV): | ₹ 5.57 per Equity Share |
Jyoti CNC Automation Company Promoters
Jyoti CNC Automation Peer Group Companies
| Company Name | Face Value | PE Ratio | PB Ratio |
|---|---|---|---|
| Lakshmi Machine Works Ltd | 10 | 6.26 | 35.16 |
| AIA Engineering Ltd | 2 | 5.91 | 27.62 |
| Triveni Turbine Ltd | 1 | 17.59 | 57.38 |
Jyoti CNC Automation IPO Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Website: https://linkintime.co.in/MIPO/Ipoallotment.html
Phone: +91-22-4918 6270
Email: jyoticnc.ipo@linkintime.co.in
Jyoti CNC Automation IPO Allotment Status Check
Check Jyoti CNC Automation IPO allotment status on Linkintime website allotment URL. Click Here
Jyoti CNC Automation Company Address
Jyoti CNC Automation Limited
G – 506, Lodhika GIDC, Village Metoda
Rajkot ,Gujarat-360021
India
Website: https://jyoti.co.in/
Phone: + 91-2827–235182
Email: investors@jyoti.co.in
Jyoti CNC Automation IPO Form
How to apply for the Jyoti CNC Automation IPO? You can apply for Jyoti CNC Automation IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Jyoti CNC Automation IPO in the Invest section. The other option is you can apply for Jyoti CNC Automation IPO via IPO forms downloaded via NSE and BSE. Check out the Jyoti CNC Automation forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Jyoti CNC Automation IPO FAQs
Jyoti CNC Automation IPO is a main-board IPO. They are going to raise ₹ 1000 Crores via IPO that is only a fresh issue of ₹1000 crores and there will be no offer for sale. The issue is priced at ₹315 to ₹331 pr equity share.
The Jyoti CNC Automation IPO is going to open on January 9, 2024 for QIB, NII, and Retail Investors.
The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.
You can apply for Jyoti CNC Automation IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Jyoti CNC Automation IPO size is ₹1000 crores.
The Jyoti CNC Automation IPO price band is ₹315 to ₹331.
The minimum 1 Lot of 45 equity shares and in multiples of 45 shares thereafter. The minimum application size for retail investors will be Rs 14,895 for 45 equity shares and the maximum they can invest will be Rs 1,93,635 for 585 equity shares.
Jyoti CNC Automation IPO allotment date is January 12, 2024.
Jyoti CNC Automation IPO listing date is January 16, 2024. The IPO is to list on BSE and NSE.