Jyoti CNC Automation Limited IPO
Jyoti CNC Automation Limited IPO bidding starts from January 9, 2024 and ends on January 11, 2024. The allotment for the Jyoti CNC Automation Limited IPO is expected to be finalized on January 12, 2024. Jyoti CNC Automation Limited IPO will list on BSE, NSE with tentative listing date fixed as January 16, 2024. Jyoti CNC Automation Limited IPO price band is set at ₹315 to ₹331 per share. The minimum lot size for an application is 45 Shares. The minimum amount of investment required by retail investors is ₹14,895.
Important Dates:-
Particulars | Value |
---|---|
Open Date:- | January 9, 2024 |
Close Date:- | January 11, 2024 |
Allotment Date:- | January 12, 2024 |
Listing Date:- | January 16, 2024 |
About Jyoti CNC Automation Limited :-
Established in January 1991, Jyoti CNC Automation Limited is an Indian-based manufacturer and supplier specializing in CNC machines.
The company's product portfolio encompasses a variety of CNC machines, including 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.
Jyoti CNC Automation's clientele features prominent names such as the 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 others.
With a comprehensive range of CNC machines comprising 200 types in 44 series, Jyoti CNC has delivered over 7,200 machines to more than 3,000 customers globally in the last three financial years. Since April 1, 2004, the company has successfully supplied over 30,000 CNC machines worldwide.
Jyoti CNC Automation extends its global reach through Huron's established dealer network and maintains 29 sales and service centers in Romania, France, Poland, Belgium, Italy, and the UK.
The company operates three manufacturing facilities, with two situated in Rajkot, Gujarat, and another in Strasbourg, France. These facilities possess the necessary capabilities for designing, developing, and manufacturing the entire product line.
As of June 30, 2023, the company's annual production capacity reached 4,400 machines in India and 121 machines in France. Additionally, the company reported an order backlog of ₹31,430.56 million as of the same date, inclusive of a ₹2,602.50 million order from an electronic manufacturing services (EMS) company.
As of June 30, 2023, Jyoti CNC Automation Limited employs a total of 2,573 individuals.
Contact Details :-
Address:- Jyoti CNC Automation Limited G - 506, Lodhika GIDC Village Metoda, Rajkot – 360 021,
Phone:- + 91-2827–235182
E-mail:- investors@jyoti.co.in
Website:- https://jyoti.co.in/
IPO Details :-
Particulars | Value |
---|---|
IPO Type:- | Mainline |
Price:- | ₹315 to ₹331 |
Lot Size:- | 45 |
Minimum Amount for 1 Lot:- | ₹14,895 |
Listing At:- | BSE, NSE |
Total issue of Shares:- | 3,02,11,480 |
Total issue Size:- | ₹1,000 Crore |
Fresh issue of Shares:- | 3,02,11,480 |
Fresh issue Size:- | ₹1,000 Crore |
Face Value:- | ₹2 per Equity Share |
Financial Information :-
Amount in ₹ Crore
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 |
Key Performance Indicator :-
Particulars | Value |
---|---|
Market Cap (₹ in Crore):- | 7,527 |
ROE:- | 18.35% |
ROCE:- | 9.50% |
Debt/Equity:- | 10.17 |
RoNW:- | 18.35% |
IPO Prospectus :-
Particulars | Link |
---|---|
Jyoti CNC Automation Limited IPO DHRP:- | Click Here |
Jyoti CNC Automation Limited IPO RHP:- | Click Here |
GMP :-
GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
---|---|---|---|
09-01-2024 | ₹77 | ₹408 | 23.26% |
10-01-2024 | ₹44 | ₹375 | 13.29% |
11-01-2024 | ₹51 | ₹382 | 15.41% |
13-01-2024 | ₹40 | ₹371 | 12.08% |
14-01-2024 | ₹40 | ₹371 | 12.08% |
15-01-2024 | ₹38 | ₹369 | 11.48% |
16-01-2024 | ₹38 | ₹369 | 11.48% |
Subscription Details :-
Date | QIB | NII | Retail | Employee | Total |
---|---|---|---|---|---|
January 9, 2024 | 0.02 | 3.84 | 8.84 | 0.00 | 2.70 |
January 10, 2024 | 0.23 | 6.83 | 11.74 | 5.44 | 4.14 |
January 11, 2024 | 46.37 | 38.33 | 27.50 | 13.14 | 40.49 |
Listing Details :-
Particulars | Value |
---|---|
Listing Date:- | January 16, 2024 |
BSE Script Code:- | 544081 |
NSE Symbol :- | JYOTICNC |
ISIN:- | INE980O01024 |
Final Issue Price:- | ₹331.00 |
Open:- | ₹372.00 |
Low:- | ₹370.05 |
High:- | ₹444.80 |
Close:- | ₹433.15 |
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