Jyoti CNC IPO subscription is to open on Jan 09, 2024 and will close on Jan 11, 2024, the price band of the Jyoti CNC Automation IPO is fixed at ₹ 315 – ₹ 331.
Jyoti CNC Automation is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines
Table of Contents
About Jyoti CNC Automation
Jyoti CNC Automation is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines. Jyoti CNC is a prominent manufacturer of simultaneous 5-Axis CNC machines in India and supply a diverse portfolios of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs) and CNC Horizontal Machining Centers (HMCs). Jyoti CNC rely on the expertise built over 2 decades of presence and strong R&D capabilities to deliver customised solutions to the customers across diverse set of industries including aerospace and defence, auto and auto components, general engineering, EMS, dies and moulds, and others.
Objects of the Issue
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company;
- Funding long-term working capital requirements of the Company; and
- General corporate purposes
Jyoti CNC Automation Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 15,153.81 | 12,862.35 | 13,881.92 |
| Total income | 9,526.00 | 7,500.61 | 5,900.92 |
| Total Expenses | 9,552.01 | 7,918.11 | 6,616.65 |
| Profit After Tax | 150.60 | (483.00) | (700.29) |
Jyoti CNC Automation IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 30,211,480 Equity Shares of ₹ 10 (aggregating up to ₹ 1,000 Cr) |
| Issue Open Date | 09-Jan-24 |
| Issue Close Date | 11-Jan-24 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 315 – ₹ 331 |
| Face Value | ₹ 2 |
| Market Lot | 45 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 45 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | JYOTICNC |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Jyoti CNC Automation IPO DRHP & RHP
Jyoti CNC Automation IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 45 | 14,895 |
| Maximum | 13 | 585 | 193,635 |
Jyoti CNC Automation IPO Lead Managers
- Equirus Capital Private Limited
- ICICI Securities Limited
- SBI Capital Markets Limited
Jyoti CNC Automation IPO Registrar
Jyoti CNC Automation IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 09-Jan-24 |
| Bid / Offer Closes on | 11-Jan-24 |
| Finalisation of Basis of Allotment | 12-Jan-24 |
| Initiation of refunds | 15-Jan-24 |
| Credit of the Equity Shares | 15-Jan-24 |
| Listing Date | 16-Jan-24 |
Company Registered and Corporate Office
G – 506, Lodhika GIDC, Village Metoda,
Rajkot – 360 021,
Gujarat, India
Website: www.jyoti.co.in
Company Promoters
Parakramsinh Ghanshyamsinh Jadeja
Sahdevsinh Lalubha Jadeja
Vikramsinh Raghuvirsinh Rana
Jyoti International LLP
Jyoti CNC Automation IPO – FAQS
When Jyoti CNC Automation IPO will open?
The Jyoti CNC Automation IPO opens on Jan 09, 2024 and closes on Jan 11, 2024
What is the lot size of Jyoti CNC Automation IPO?
The Jyoti CNC Automation IPO lot size is 45 Equity Shares and the minimum order quantity is 45 Equity Shares
Who is the Registrar for Jyoti CNC Automation IPO?
The Registrar for Jyoti CNC Automation IPO is Link Intime India Private Limited
How to apply in Jyoti CNC Automation IPO through UPI?
Check the step by step process here – Click here
How to apply in Jyoti CNC Automation IPO through Zerodha?
Check the step by step process here – Click here