Hello my fellow finance enthusiasts, there is a huge investment opportunity opening up in the near future. Yes, you heard absolutely right. The Jyoti CNC Automation IPO is going to open soon. So I will give you complete information about Jyoti CNC Automation IPO here on IPO India.
On this article I will inform you about Jyoti CNC Automation IPO Date, Price, GMP, Review and Best 3 IPOs to Invest. So without wasting any more time let’s start.
About Jyoti CNC Automation Limited
Established in January 1991, Jyoti CNC Automation Limited is a company engaged in the production and distribution of CNC machines. Headquartered in India, the firm specializes in the manufacturing and provision of CNC machines.
The array of products offered 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.
Jyoti CNC’s clientele includes prominent entities such as the Indian Space Applications Center – ISRO, BrahMos Aerospace Thiruvananthapuram, Turkish Aerospace, Uniparts India, Tata Advances System, Tata Sikorsky Aerospace, Bharat Forge, Shakti Pumps (India), Shreeram Aerospace & Defense, Rolex Rings, Harsha Engineers, Bosch Limited, HAWE Hydraulics, Festo India, Elgi Rubber, National Fittings, and others.
The company boasts an extensive range of CNC machines, encompassing 200 types within 44 series. Over the past three fiscal years, they have dispatched more than 7,200 machines to a diverse customer base exceeding 3,000 globally, spanning regions such as India, Europe, North America, and selected parts of Asia. Since April 1, 2004, Jyoti CNC has successfully delivered over 30,000 CNC machines on a global scale.
Jyoti CNC Automation IPO GMP
| Exp. Premium (GMP) | ₹65-75 (20%) per Share |
About Jyoti CNC Automation IPO
Here is some information about Jyoti CNC Automation IPO which will help you in making a decision to invest in Jyoti CNC Automation IPO. It appears to be a book-built offer with a total value of Rs ₹1,000.00 crore, including entirely a fresh issue of 3.02 crore shares.
Summary of the key details
- Issue Size: Rs 1000.00 crores
- Offer for Sale: 3.02 Crore shares
- Subscription Period: January 9, 2024 to January 11, 2024
- Allotment Date: January 12, 2024
- Listing Date: January 16, 2024
Price Range of Jyoti CNC Automation IPO
- ₹315 to ₹331 per share
Lot Size of Jyoti CNC Automation IPO
- Minimum Lot: 45 Shares.
- Minimum Investment for Retail Investors: ₹14,895
Minimum Lot Size Investments for Jyoti CNC Automation IPO
- S-HNI: 14 lots (630 shares), amounting to ₹208,530
- B-HNI: 68 lots (3,060 shares), amounting to ₹10,12,860
This information provides potential investors with the details they need to participate in the Jyoti CNC Automation IPO. It is important to note that investing in IPOs carries risks, and individuals should do their own research or consult financial professionals before making investment decisions.
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Jyoti CNC Automation IPO
| Open Date | January 09, 2024 |
| Close Date | January 11, 2024 |
| Allotment Date | January 12, 2024 |
| Listing Date | January 16, 2024 |
| Face Value | ₹2 Per Equity Share |
| Issue Price | ₹315-331 Per Equity Share |
| Issue Size | 3.02 cr. shares (Aggregating up to ₹1000 Cr) |
| Market Lot (Min. Amount) | Retail: 45 Shares (₹14,895/-) S-HNI: 630 Shares (₹208,530/-) B-HNI: 3,060 Shares (₹10,12,860/-) |
| Listing at Group(s) | BSE, NSE |
| Lead Manager | Equirus Capital Private Limited ICICI Securities Limited SBI Capital Market Limited |
| Register | Link Intime India Private Ltd. |
| Retail Portion | 10% |
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Valuations of Jyoti CNC Automation IPO
| Earnings Per Share (EPS) | ₹1.02/- |
| P/E Ratio | N/A |
| RoNW | 18.35% |
| Net Asset Value (NAV) -as on 31.03.23 | ₹N/A |
Jyoti CNC Automation Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2023 | 1,706.07 | 510.53 | 3.35 | 205.63 | 213.33 | 821.40 |
| 31 Mar 2023 | 1,515.38 | 952.60 | 15.06 | 36.23 | 49.14 | 834.97 |
| 31 Mar 2022 | 1,286.24 | 760.06 | -48.30 | -29.68 | 11.67 | 792.16 |
| 31 Mar 2021 | 1,388.19 | 590.09 | -70.03 | 18.67 | 83.11 | 725.12 |
Promoter(s)
| Pre Issue Share Holding | 72.66% |
| Post Issue Share Holding | -% |
Company Promotor(s):-
- Parakramsinh Ghanshyamsinh Jadeja
- Sahdevsinh Laluba Jadeja
- Vikramsinh Raghuvirsinh Rana
- Jyoti International LLP
If you are new to the investment section and want to know how to invest in IPOs, you can read our article “How to Invest in IPOs?“.
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | 324.5 |
| ROE | 18.35% |
| ROCE | 9.50% |
| Debt/ Equity | 10.17 |
| EPS (Rs) | 1.02 |
| RoNW | 18.35% |
Issue Objective(s)
- Repayment and/or Pre-payment, in full or part, of certain borrowing availed by the company
- Funding long-term working capital requirements of the company
- General Corporate Purposes
Jyoti CNC Automation IPO Registrar
| Name | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| jyoticnc.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
Jyoti CNC Automation IPO Review
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Conclusion
In conclusion, Jyoti CNC Automation IPO represents a promising investment opportunity in the field of CNC machines. With a strong track record since its inception in 1991, the company has become a major player in the manufacturing and distribution of CNC machines, including to prestigious organizations such as ISRO, Turkish Aerospace and Bharat Forge.
The IPO will open on January 9, 2024 and close on January 11, 2024, with a total of Rs. 1,000.00 crore worth of the offer, comprising a fresh issue of 3.02 crore shares. The issue price is in the range of ₹315 to ₹331 per share, with a lot size of 45 shares and a minimum investment of ₹14,895 for retail investors. The subscription period is from January 9 to January 11, 2024, with the date of allotment on January 12, 2024 and listing on January 16, 2024.
Investors are advised to consider Jyoti CNC Automation’s financials, valuation and key performance indicators, including earnings per share of ₹1.02 and return on equity of 18.35%, before taking investment decisions. It is important to recognize the risks associated with IPO investments and to conduct thorough research or consult financial professionals. In essence, the Jyoti CNC Automation IPO is an exciting opportunity for those looking to participate in the growth of a leading player in the CNC machine industry.
Jyoti CNC Automation IPO FAQs
When Jyoti CNC Automation IPO is coming?
The Jyoti CNC Automation IPO opens on January 9, 2024 and closes on January 11, 2024.
What is the lot size of Jyoti CNC Automation IPO?
Jyoti CNC Automation IPO lot size is 45 Shares, and the minimum amount required is ₹14,895.
When Jyoti CNC Automation IPO Allotment?
The finalization of Basis of Allotment for Jyoti CNC Automation IPO will be done on Friday, January 12, 2024, and the allotted shares will be credited to your demat account by Monday, January 15, 2024.