Jay Bee Laminations IPO Date : Jay Bee Laminations IPO Date is Open on 27 August 2024 and Close on 29 August 2024. Jay Bee Laminations IPO to Raise 6,093,000 shares (Approx ₹88.96 Cr) via IPO. The Fresh issue of 4,570,000 shares (Approx ₹66.72 Cr) and The Offer For is 1,523,000 shares of ₹10 (Approx ₹22.24 Cr).
Established in 1988, Jay Bee Laminations Limited, currently manufactures and supplies range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-GrainOriented Steel for applications in transformers, UPS, and inverters, for end-use in power industry.
- Cut Laminations
- Slit Coils
- Assembled Core
- E&I Stampings
Jay Bee Laminations’s manufacturing units are equipped with all in-house facilities for slitting, cutting, assembling, and testing of CRGO and CRNGO electrical steel cores spread across total area of 10,878 sq mt. We also have our in-house laboratory for raw material and finished goods sample testing and in-house tooling division for blade sharpening.
Our production facilities emphasize on processing and manufacturing electrical steel cores to meet the quality standards of power and distribution transformers.
Our clientele encompasses manufacturers producing transformers in the range of 11kV to 220 kV class, spanning Power and Distribution transformers. The quality of these transformers relies significantly on the raw materials used in their manufacturing, with the CRGO steel core accounting for 25-30% of the transformer’s total cost depending on the size of the transformer.
The core plays a crucial role in reducing transmission and distribution (T&D) losses within the electricity supply infrastructure, highlighting its pivotal significance in the realm of power distribution. Our operations, headquartered and conducted in Noida and Greater Noida, rely heavily on a suite of utilities and amenities
to facilitate seamless business operations.
Ensuring a robust infrastructure, our office and manufacturing facilities are outfitted with essential equipment, including computer systems, internet connectivity, and various communication devices indispensable for our daily functions.
- Power
- Water
- Fuel
- Information Technology
Jay Bee Laminations IPO Date & Price Band Details
| IPO Open Date | 27 Aug 2024 |
|---|---|
| IPO Close Date | 29 Aug 2024 |
| IPO Size | 6,093,000 shares (Approx ₹88.96 Cr) |
| Fresh Issue | 4,570,000 shares (Approx ₹66.72 Cr) |
| Offer For Sale | 1,523,000 shares of ₹10 (Approx ₹22.24 Cr) |
| Lot Size | 1000 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹138 to ₹146 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
Jay Bee Laminations IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,46,000 |
| Retail Maximum | 1 | 1000 | ₹1,46,000 |
| S-HNI Minimum | 2 | 2000 | ₹2,92,000 |
Object of the Issue
- Funding our working capital requirements.
- General Corporate Expenses.
Jay Bee Laminations IPO Allotment & Listings (Details)
| IPO Open Date | 27 Aug 2024 |
|---|---|
| IPO Close Date | 29 Aug 2024 |
| Basis of Allotment | 30 Aug 2024 |
| Refunds | 02 Sept 2024 |
| Credit to Demat Account | 02 Sept 2024 |
| IPO Listing Date | 03 Sept 2024 |
Jay Bee Laminations Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| Dec 2023 | ₹230.98 | ₹211.38 | ₹14.61 |
| 2023 | ₹247.49 | ₹229.17 | ₹13.60 |
| 2022 | ₹141.67 | ₹134.09 | ₹5.72 |
| 2021 | ₹75.28 | ₹77.47 | ₹1.98 |
Our Company Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Ms. Sunita Aggarwal
Qualitative Factors
- Track record in the industry.
- Long Term relationship with suppliers.
- Strong operational and financial performance.
- Long Term relationship with Customers.
- Experienced Promoters supported by a strong management and execution team.
- Quality Assurance.
Also Read: Rapid Multimodal Logistics IPO
Jay Bee Laminations Company Contact Details
26/36, Upper Ground Floor, East Patel Nagar, New Delhi Patel Nagar East,
Central Delhi, New Delhi, Delhi-110008, India
Tel No.: +91 9870403729
Email: investor@jaybeelaminations.co.in
Website: www.jaybeelaminations.co.in
Jay Bee Laminations Lead Manager
Swaraj Shares and Securities Private Limited
Principal Place of Business: 304, A Wing, 215 Atrium Near Courtyard Marriot, Andheri Kurla Road, Andheri East,
Mumbai – 400093, Maharashtra, India
Contact Number: +91-22-6964-9999
Email Address: ipo@swarajshares.com
Investor Grievance Email Address : investor.relations@swarajshares.com
Contact Person: Pankita Patel/Tanmoy Banerjee
Website: www.swarajshares.com
Jay Bee Laminations IPO Registrar
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri (East) Mumbai
400093, Maharashtra, India.
Tel No: 022 – 6263 8200
Email: ipo@bigshareonline.com
Investor Grievance E-mail: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Mr. Asif Sayyed
4 thoughts on “Jay Bee Laminations IPO Date, Review, GMP Price, Details”