Jyoti CNC Automation Limited IPO
- IPO Date09 Jan, 2024 to 11 Jan, 2024
- Listing Date16 Jun, 2024
- Face Value₹2 per share
- Issue Price₹315 to ₹331 per share
- Lot Size45 Shares
- Minimum Investment₹14,895
- Listing AtBSE, NSE
- Total Issue Size3,02,11,480 Shares
(aggregating up to ₹1000.00 Cr) - Fresh Issue3,02,11,480 Shares
(aggregating up to ₹1000.00 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue19,72,04,447
- Shareholding post issue22,74,15,927
IPO Dates
Closing Date
11 Jan, 2024
Initiation of Refunds
15 Jan, 2024
Listing Date
16 Jan, 2024
09 Jan, 2024
Opening Date
12 Jan, 2024
Basis of Allotment
15 Jan, 2024
Credit of Shares
Jyoti CNC Automation Limited Lot Size
Investors can bid for a minimum of 45 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,895 |
| B-HNI (Min) | 68 | 3060 | ₹10,12,860 |
| S-HNI (Max) | 67 | 3015 | ₹9,97,965 |
| S-HNI (Min) | 14 | 630 | ₹2,08,530 |
| Retail (Max) | 13 | 585 | ₹1,93,635 |
Jyoti CNC Automation Limited Promoter Holding
The promoters of the company are Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 72.66% | - |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 18.35% |
| ROCE | 9.5% |
| RoNW | 18.35% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 324.5 | 1.02 |
| P/E (x) | 324.5 | 1.02 |
Jyoti CNC Automation Limited COMPANY INFORMATION
Jyoti CNC Automation IPO is a book built issue of Rs 1,000.00 crores. The issue is entirely a fresh issue of 3.02 crore shares. Jyoti CNC Automation IPO opens for subscription on January 9, 2024 and closes on January 11, 2024. The allotment for the Jyoti CNC Automation IPO is expected to be finalized on Friday, January 12, 2024. Jyoti CNC Automation IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, January 16, 2024. Jyoti CNC Automation 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. The minimum lot size investment for sNII is 14 lots (630 shares), amounting to ₹208,530, and for bNII, it is 68 lots (3,060 shares), amounting to ₹1,012,860. Equirus Capital Private Limited, ICICI Securities Limited and SBI Capital Markets Limited are the book running lead managers of the Jyoti CNC Automation IPO, while Link Intime India Private Ltd is the registrar for the issue. Refer to Jyoti CNC Automation IPO RHP for detailed information.
Incorporated in January 1991, Jyoti CNC Automation Limited is a manufacturer and supplier of CNC machines. The company is based in India and specializes in manufacturing and supplying CNC machines.
The product range includes 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.
The company's customer base includes 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.
The company has a wide range of CNC machines with 200 types in 44 series. In the last three financial years, over 7,200 machines have been supplied to more than 3,000 customers worldwide, including India, Europe, North America and a few parts of Asia. Since April 1, 2004, Jyoti CNC has delivered over 30,000 CNC machines worldwide.
The company distributes its products worldwide through Huron's established dealer network and also has 29 sales and service centres in Romania, France, Poland, Belgium, Italy and the UK.
The company has three manufacturing facilities, two of which are located in Rajkot, Gujrat, and another in Strasbourg, France, which has the necessary capabilities to design, develop and manufacture the entire product line.
As of June 30, 2023, the company's production capacity was 4,400 machines per year in India and 121 machines per year in France.
As of June 30, 2023, the Company had an order backlog of ₹ 31,430.56 million, including an order of ₹ 2,602.50 million from an electronic manufacturing services (EMS) company.
As of June 30, 2023, the company had a total of 2,573 employees.
FAQs About Jyoti Cnc Automation Limited Ipo
Jyoti CNC Automation Limited IPO will open on 09 Jan, 2024 and close on 11 Jan, 2024. Investors must apply within this period to participate.
The Jyoti CNC Automation Limited IPO price band is set between ₹315.00 and ₹331.00 per share. The minimum lot size is 45, requiring an investment of at least ₹14895.00.
The Jyoti CNC Automation Limited IPO shares are expected to be listed on 16 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your Jyoti CNC Automation Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jyoti CNC Automation Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.