OUR BUSINESS
We are one of the world’s leading manufacturers of CNC machines with the second and twelfth largest market share, in India and globally, respectively. In Fiscal 2022, we were the second largest CNC machine manufacturer in India and accounted for approximately 8% of the market share.
We are a prominent manufacturer of simultaneous 5-Axis CNC machines in India and are 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. We rely on our expertise built over 2 decades of presence and strong R& D capabilities to deliver customized solutions to our customers across a diverse set of industries including aerospace and defense, auto and auto components, general engineering, EMS, dies and molds, and others.
JYOTI CNC AUTOMATION LIMITED IPO DATE & PRICE BAND DETAILS
IPO Open Date Jan 09, 2024 IPO Close Date Jan 11, 2024 IPO Size ₹1000.00 Cr. IPO Fresh Issue ₹- Offer For Sale Approx 30,211,480 Equity Share IPO Face Value ₹2 Per Equity Share IPO Price Band [315] to ₹[331]. Per Every Share IPO Listing On NSE and BSE IPO Retail Quota 24.15% IPO QIB Quota 44.13% IPO NII Quota 36.48% IPO Discount N/A DRHP Draft Click Here RHP Draft Click Here Anchor Investor Click Here
JYOTI CNC AUTOMATION LIMITED IPO MARKET LOT DETAILS
Application Lot Size Shares Amount Retail Minimum 45 45 Shares ₹14,895 Retail Maximum - - ₹- S-HNI Minimum - 630 Shares ₹2,08,530 B-HNI Minimum - 3,060 Shares ₹10,12,860
OBJECTS OF THE OFFER
Our Company proposes to utilize the Net Proceeds from the Fresh Issue towards the following objects:
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company.
2. Funding long-term working capital requirements of our Company.
3. General corporate purposes.
JYOTI CNC AUTOMATION LIMITED IPO ALLOTMENT & LISTING DATE (DETAILS)
Price Band Announcement [315-331] Anchor Investor Allotment [.] IPO Open Date Jan 09, 2024 IPO Close Date Jan 11, 2024 Allotment Date Jan 12, 2024 Refunds [.] Credit to Demat Account [.] IPO Listing Date Jan 16, 2024
JYOTI CNC AUTOMATION LIMITED FINANCIAL REPORT
₹ in Crores Year Revnue Total Assets PAT 31-Mar-2023 ₹952.60 ₹1,515.38 ₹15.06 31-Mar-2022 ₹750.06 ₹1,286.24 ₹-48.30 31-Mar-2021 ₹590.09 ₹1,388.19 ₹-70.03
OUR PROMOTERS
The promoters of our Company are-
- Parakramsinh Ghanshyamsinh Jadeja
- Sahdevsinh Lalubha Jadeja
- Vikramsinh Raghuvirsinh Rana
- Jyoti International LLP.
QUALITATIVE FACTOR
We believe the following business strengths allow us to successfully compete in the industry:
- One of the leading CNC machine manufacturing companies globally as well as in India with a presence across the CNC metal cutting machinery value chain.
- Well-diversified global customer base spread across end-user industries.
- Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities.
- Vertically integrated operations that enable customization and production efficiencies.
- Experienced Promoters supported by a strong management and execution team.
Basic & Diluted Earnings Per Equity Share (“EPS”)
Financial Year Ended Basic EPS (in ₹) Diluted EPS (in ₹) Weight March 31, 2023 0.10 0.10 3 March 31, 2022 0.33 0.33 2 March 31, 2021 0.48 0.48 1 Weighted Average 0.14 0.14 -
JYOTI CNC AUTOMATION LIMITED COMPANY CONTACT DETAILS
G -506, Lodhika GIDC,
Village Metoda, Rajkot –360 021,
Gujarat, India
Telephone:+91-2827 –235182
E-mail: investors@jyoti.co.in
Website: www.jyoti.co.in
JYOTI CNC AUTOMATION LIMITED IPO REGISTAR
Link Intime India Private Limited
C-101, 1stFloor
247 Park, L.B.S. Marg
Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: olaelectric.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor Grievance ID: olaelectric.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
