{"id":5526,"date":"2024-01-04T12:09:31","date_gmt":"2024-01-04T06:39:31","guid":{"rendered":"https:\/\/lakshmishree.com\/blog\/?p=5526"},"modified":"2024-01-08T08:41:43","modified_gmt":"2024-01-08T03:11:43","slug":"jyoti-cnc-automation-ipo-details","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/blog\/jyoti-cnc-automation-ipo-details\/","title":{"rendered":"Jyoti CNC Automation IPO Details - Complete Overview of Jyoti CNC Automation Limited IPO"},"content":{"rendered":"\n

Jyoti CNC Automation IPO Price: <\/strong>\u20b9315 - \u20b9331
IPO Date Range:<\/strong> Jan 9, 2024 - Jan 11, 2024<\/p>\n\n\n\n

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\"Jyoti<\/figure>\n<\/div><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Foundation & Business Essence:<\/h2>\n\n\n\n

Established in January 1991, Jyoti CNC Automation Limited operates as a leading manufacturer and supplier of CNC machines. Headquartered in India, the company specializes in crafting and delivering high-quality CNC machinery.<\/p>\n<\/div>\n<\/div>\n\n\n\n

Product Portfolio:<\/h2>\n\n\n\n

The array of products encompasses CNC turning centers, CNC turning-milling 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.<\/p>\n\n\n\n

The company operates three manufacturing facilities: two in Rajkot, Gujarat, and one in Strasbourg, France. The Strasbourg facility possesses the essential capabilities to design, develop, and manufacture the entire product line.<\/p>\n\n\n\n

Network and Presence<\/h2>\n\n\n\n

The company serves various clients, including organizations like the Indian Space Applications Center - ISRO, BrahMos Aerospace Thiruvananthapuram, Turkish Aerospace, Uniparts India, Tata Advances System, Tata Sikorsky Aerospace, Bharat Forge, Shreeram Aerospace & Defense, Harsha Engineers, Bosch Limited, HAWE Hydraulics, Festo India, Elgi Rubber, National Fittings, and others.<\/p>\n\n\n\n

Jyoti CNC offers a wide range of CNC machines, with 200 types across 44 series. Over the last three financial years, they've provided over 7,200 machines to 3,000+ customers worldwide, covering India, Europe, North America, and some parts of Asia. <\/p>\n\n\n\n

To reach customers, the company uses Huron's dealer network and operates 29 sales and service centers in Romania, France, Poland, Belgium, Italy, and the UK. As of October 31, 2023, the company's research and development laboratory employed a team of 29 dedicated scientists and engineers. <\/p>\n\n\n\n

Bidding Starts In<\/h2>\n\n\n\n
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DAYS<\/div><\/div>
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HOURS<\/div><\/div>
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MINUTES<\/div><\/div>
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SECONDS<\/div><\/div><\/div>\n\n\n\n
APPLY NOW<\/span><\/path><\/svg>

Dream Big, Start with an IPO. Choose Lakshmishree.<\/p><\/a><\/div>\n\n\n\n

Jyoti CNC Automation IPO Specifics:<\/h2>\n\n\n\n
IPO Date<\/td>January 9, 2024 to January 11, 2024<\/td><\/tr>
Listing Date<\/td>Tuesday, January 16, 2024<\/td><\/tr>
Face Value<\/td>\u20b92 per share<\/td><\/tr>
Price Band<\/td>\u20b9315 to \u20b9331 per share<\/td><\/tr>
Lot Size<\/td>45 shares<\/td><\/tr>
Total Issue Size<\/td>30,211,480 shares
(aggregating up to \u20b91,000.00 Cr)<\/td><\/tr>
Fresh Issue<\/td>30,211,480 shares
(aggregating up to \u20b91,000.00 Cr)<\/td><\/tr>
Employee Discount<\/td>Rs 15 per share<\/td><\/tr>
Issue Type<\/td>Book Built Issue IPO<\/td><\/tr>
Listing At<\/td>BSE, NSE<\/td><\/tr>
Share holding pre issue<\/td>195,757,090<\/td><\/tr>
Share holding post issue<\/td>225,968,570<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Jyoti CNC Automation IPO Lot Size<\/h2>\n\n\n\n

Investors have the option to bid for a minimum of 45 shares, and they can bid in multiples of this amount. The table below outlines the minimum and maximum investment amounts for retail investors and HNIs, both in terms of shares and total value.<\/p>\n\n\n\n

Application<\/th>Lots<\/th>Shares<\/th>Amount<\/th><\/tr><\/thead>
Retail (Min)<\/td>1<\/td>45<\/td>\u20b914,895<\/td><\/tr>
Retail (Max)<\/td>13<\/td>585<\/td>\u20b9193,635<\/td><\/tr>
S-HNI (Min)<\/td>14<\/td>630<\/td>\u20b9208,530<\/td><\/tr>
S-HNI (Max)<\/td>67<\/td>3,015<\/td>\u20b9997,965<\/td><\/tr>
B-HNI (Min)<\/td>68<\/td>3,060<\/td>\u20b91,012,860<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Jyoti CNC Automation IPO Reservation<\/h2>\n\n\n\n
QIB Shares Offered<\/td>Not more than 75% of the Net Issue<\/td><\/tr>
Retail Shares Offered<\/td>Not less than 10% of the Net Issue<\/td><\/tr>
NII (HNI) Shares Offered<\/td>Not less than 15% of the Net Issue<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Jyoti CNC Automation IPO Timetable (Important Dates)<\/h2>\n\n\n\n
IPO Open Date<\/td>Tuesday, January 9, 2024<\/td><\/tr>
IPO Close Date<\/td>Thursday, January 11, 2024<\/td><\/tr>
Basis of Allotment<\/td>Friday, January 12, 2024<\/td><\/tr>
Initiation of Refunds<\/td>Monday, January 15, 2024<\/td><\/tr>
Credit of Shares to Demat<\/td>Monday, January 15, 2024<\/td><\/tr>
Listing Date<\/td>Tuesday, January 16, 2024<\/td><\/tr>
Cut-off time for UPI mandate confirmation<\/td>5 PM on January 11, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Don't Miss Out!<\/h2>
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Whether you're a seasoned investor or just starting out, Lakshmishree ensures you don't miss out on premier IPO opportunities. Dive into the future of investing with Lakshmishree.<\/p><\/div>\n\n\n\n

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APPLY NOW<\/a><\/div>\n<\/div>\n\n\n\n

Jyoti CNC Automation Limited IPO Financial Information<\/h2>\n\n\n\n

Between the financial years ending March 31, 2023, and March 31, 2022, Jyoti CNC Automation Limited saw a 27% surge in revenue and a notable 131.18% rise in post-tax profits (PAT).<\/p>\n\n\n\n

Period Ended<\/th>31 Mar 2021<\/th>31 Mar 2022<\/th>31 Mar 2023<\/th>30 Sep 2023<\/th><\/tr><\/thead>
Assets<\/td>1388.19<\/td>1286.24<\/td>1515.38<\/td>1706.07<\/td><\/tr>
Revenue<\/td>590.09<\/td>750.06<\/td>952.60<\/td>510.53<\/td><\/tr>
Profit After Tax<\/td>-70.03<\/td>-48.30<\/td>15.06<\/td>3.35<\/td><\/tr>
Net Worth<\/td>18.67<\/td>-29.68<\/td>36.23<\/td>205.63<\/td><\/tr>
Reserves & Surplus<\/td>83.11<\/td>11.67<\/td>49.14<\/td>213.33<\/td><\/tr>
Total Borrowings<\/td>752.12<\/td>792.16<\/td>834.97<\/td>821.40<\/td><\/tr><\/tbody><\/table>
Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n\n\n\n

Key Performance Indicator - Jyoti CNC Automation IPO<\/h2>\n\n\n\n
KPI<\/th>Values<\/th><\/tr><\/thead>
P\/E (x)<\/td>324.5<\/td><\/tr>
Market Cap (\u20b9 Cr.)<\/td>7527.47<\/td><\/tr>
ROE<\/td>18.35%<\/td><\/tr>
ROCE<\/td>9.50%<\/td><\/tr>
Debt\/ Equity<\/td>10.17<\/td><\/tr>
EPS (Rs)<\/td>1.02<\/td><\/tr>
RoNW<\/td>18.35%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Objects of the Issue:<\/strong><\/h2>\n\n\n\n

The company intends to use the Net Proceeds from the Fresh Issue for the following purposes:<\/p>\n\n\n\n