Jyoti CNC Automation IPO Overview
You are at right place to check all the details regarding Jyoti CNC Automation IPO. The dates for Jyoti CNC Automation IPO is announced. The IPO will open on January 09, 2024 and will close on January 11, 2024 .
The Jyoti CNC Automation IPO price band is fixed at Rs 315 to Rs 331 Per Share. The company aims to to raise around ₹1000 Crores via this IPO. You can find complete information about Jyoti CNC Automation IPO in this post.
The Jyoti CNC Automation IPO lot size for the application is 45 shares and hence minimum amount that you would need for this IPO (by retail investors) is ₹14,895.
About Jyoti CNC Automation IPO:
Jyoti CNC Automation stands as a global leader in CNC machine manufacturing, boasting the second-largest market share in India and the twelfth globally. In Fiscal 2022, they secured the second position in India, capturing an 8% market share. Renowned for their simultaneous 5-Axis CNC machines, Jyoti CNC Automation offers a diverse CNC machine portfolio, including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis and 5-Axis CNC machining Centers, and multi-tasking machines, making them a key player in India.
With a strong presence spanning two decades and robust R&D capabilities, the company specializes in delivering customized solutions across industries such as aerospace, defense, auto components, general engineering, EMS, dies and molds, among others.
Embracing the shift towards ‘Industry 4.0,’ Jyoti CNC Automation offers innovative solutions like ‘7th Sense,’ a multifunctional package designed to automate diagnostic and analytical functions. This facilitates seamless management of productivity, health, and tool life of CNC machines. The global CNC machines market is anticipated to grow at a CAGR of 9.9% during CY 2023-2027, driven by factors like industrial automation and computer-aided manufacturing integration. The rising demand for high-precision machinery, especially in aerospace, defense, and the medical sector, is expected to fuel the growth of the machining centers market.
Jyoti CNC Automation’s vertically integrated operations play a crucial role in delivering technologically relevant and customized solutions. Their clientele includes esteemed names like Space Applications Centre – ISRO, BrahMos Aerospace Thiruvananthapuram Limited, Turkish Aerospace, Tata Advances System Limited, and many more. Offering a staggering 200 variants across 44 series, the company has supplied over 7,200 CNC machines to more than 3,000 customers in India, Asia, Europe, North America, and the rest of the world over the last three fiscal years
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.
- General corporate purposes.
Jyoti CNC Automation IPO Review (Apply or Not?)
You may consider applying for this IPO
Jyoti CNC Automation IPO Brokrage House Reviews:
- Marwadi Shares: Apply
- Reliance Securities: Apply
- SMC Global: Neutral
- Swastika Investmart: Neutral
- Ventura Securities: Apply
Jyoti CNC Automation IPO Date & Price Band Details
| IPO Open: | January 09, 2024 |
| IPO Close: | January 11, 2024 |
| IPO Size: | ₹1000 Crores |
| Fresh Issue: | ₹1000 Crores |
| Offer For Sale | – |
| Face Value: | Rs2 Per Equity Share |
| IPO Price Band: | ₹315 to ₹331 Per Share |
| IPO Lot Size | 45 Shares |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Jyoti CNC Automation IPO Market Lot
The Jyoti CNC Automation IPO minimum market lot is 45 shares which is equal to ₹14,895 application amount. The retail investors can apply up-to 13 lots with 585 shares which is equal to ₹193,635
| Category | Lot Size | Shares | Required Amount |
| Retail Minimum | 1 | 45 | ₹14,895 |
| Retail Maximum | 13 | 585 | ₹193,635 |
| S-HNI Minimum | 14 | 630 | ₹208,530 |
| B-HNI Minimum | 68 | 3,060 | ₹1,012,860 |
Jyoti CNC Automation IPO Allotment & Listing Dates
The Jyoti CNC Automation IPO open date is January 09, 2024 and the close date is January 11, 2024 . The Jyoti CNC Automation IPO allotment will be finalized on January 12, 2024 and the IPO listing on January 15, 2024 .
| Anchor Investors Allotment: | January 08, 2024 |
| IPO Open Date: | January 09, 2024 |
| IPO Close Date: | January 11, 2024 |
| Basis of Allotment: | January 12, 2024 |
| Refunds: | January 15, 2024 |
| Credit to Demat Account: | January 15, 2024 |
| IPO Listing Date: | January 16, 2024 |
Jyoti CNC Automation Company Financial Report
| Year | Revenue (Cr) | Expense (Cr) | PAT (Cr) |
| 2021 | ₹590.09 | ₹661.66 | -₹70.02 |
| 2022 | ₹750.06 | ₹791.81 | –₹48.30 |
| 2023 | ₹952.60 | ₹955.20 | ₹48.30 |
Jyoti CNC Automation IPO Valuation
Below is the financial details of Jyoti CNC Automation for the year FY2023.
| Earning Per Share (EPS): | ₹1.02 per Equity Share |
| P/E Ratio: | – |
| Return on Net Worth (RoNW): | 18.35% |
| Debt/Equity: | ₹5.57 per Equity Share |
Company Promoters:
- Parakramsinh Ghanshyamsinh Jadeja
- Sahdevsinh Lalubha Jadeja
- Vikramsinh Raghuvirsinh Rana
- Jyoti International LLP
Competitor Companies:
- Elgi Equipments Limited
- Lakshmi Machine Works Limited
- Triveni Turbine Limited
- TD Power Systems Limited
Jyoti CNC Automation IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jyoticnc.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Jyoti CNC Automation IPO Lead Managers
- Equirus Capital Private Limited
- ICICI Securities Limited
- SBI Capital Markets Limited
Jyoti CNC Automation IPO Allotment Status Check
Allotment status of Jyoti CNC Automation IPO can be checked on Linkintime website : Click here
Company Address of Jyoti CNC Automation :
Jyoti CNC Automation Limited
G – 506, Lodhika GIDC
Village Metoda,
Rajkot – 360 021,
Phone: + 91-2827–235182
Email: investors@jyoti.co.in
Website: https://jyoti.co.in/
Jyoti CNC Automation IPO FAQs
Q1) What is Jyoti CNC Automation IPO?
Answer: Jyoti CNC Automation IPO is Initial Public Offer from Jyoti CNC Automation company. The company is planning to raise ₹1000 Crores via this IPO. The share price is priced at band of Rs315 to Rs331 per equity share. The IPO will be listed on BSE & NSE.
Q2) When Jyoti CNC Automation IPO will open and close?
Answer: The IPO is to open on January 09, 2024 for QIB, NII, and Retail Investors and closes on 11 January, 2024
Q3) What is Jyoti CNC Automation IPO Investors Portion?
Answer: The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4) What is the Jyoti CNC Automation IPO Allotment Date?
Answer: Jyoti CNC Automation IPO allotment date is January 12, 2024.
Q5) What is the Jyoti CNC Automation IPO Listing Date?
Answer: Jyoti CNC Automation IPO listing date is January 16, 2024. The IPO is to list on BSE and NSE.
Q6) How to Apply the Jyoti CNC Automation IPO through Zerodha?
Answer: You can apply to this IPO through Zerodha by logging in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Jyoti CNC Automation ”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App like PhonePe or GooglePay etc to Approve the mandate. If you still dont have Demat account with Zerodha you can open it using this link, Open Demat Account with Zerodha.