Jyoti CNC Automation Limited IPO IPO Details, date, Review, Price

Jyoti CNC Automation Limited IPO

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 SaleApprox 30,211,480 Equity Share
IPO Face Value ₹2 Per Equity Share
IPO Price Band[315] to ₹[331]. Per Every Share
IPO Listing OnNSE and BSE
IPO Retail Quota24.15%
IPO QIB Quota44.13%
IPO NII Quota36.48%
IPO DiscountN/A
DRHP DraftClick Here
RHP DraftClick Here
Anchor InvestorClick Here

JYOTI CNC AUTOMATION LIMITED IPO MARKET LOT DETAILS

ApplicationLot SizeSharesAmount
Retail Minimum4545 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 DateJan 09, 2024
IPO Close DateJan 11, 2024
Allotment DateJan 12, 2024
Refunds[.]
Credit to Demat Account[.]
IPO Listing DateJan 16, 2024

JYOTI CNC AUTOMATION LIMITED FINANCIAL REPORT

₹ in Crores
YearRevnueTotal AssetsPAT
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-

  1. Parakramsinh Ghanshyamsinh Jadeja
  2. Sahdevsinh Lalubha Jadeja
  3. Vikramsinh Raghuvirsinh Rana
  4. Jyoti International LLP.

QUALITATIVE FACTOR

We believe the following business strengths allow us to successfully compete in the industry:

  1. 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.
  2. Well-diversified global customer base spread across end-user industries.
  3. Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities.
  4. Vertically integrated operations that enable customization and production efficiencies.
  5. Experienced Promoters supported by a strong management and execution team.

Basic & Diluted Earnings Per Equity Share (“EPS”)

Financial Year EndedBasic EPS (in ₹)Diluted EPS (in ₹)Weight
March 31, 20230.100.103
March 31, 20220.330.332
March 31, 20210.480.481
Weighted Average0.140.14-

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

 

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