Jyoti CNC Automation company has come up with their IPO. The IPO opening date is 09 January 2024 and close date is 11 January 2024. The IPO price band is fixed at ₹315 to ₹331 Per Share. The company aims to to raise around ₹1000 crores via this IPO.
Let us look at some of Frequently Asked Questions (FAQs) regarding this particular IPO.
Jyoti CNC Automation IPO FAQs:
FAQs about Jyoti CNC Automation IPO Issue Size and Subscription Status:
Q1) What is the size of Jyoti CNC Automation IPO?
Answer: The Jyoti CNC Automation IPO to raise around ₹1000 crores via IPO that comprises fresh issue of ₹1000Cr and offer for sale up to ₹[.] Cr
Q2) How many shares of Jyoti CNC Automation are reserved for retail investors?
Answer: 30,06,042 shares are being offered to retail investors.
Q3) Provide breakup of offer for QIB, NII and RII
Answer: QIB: 90,18,127; NII: 45,09,064 and RII: 30,06,042
Q4) How much Jyoti CNC Automation IPO Subscribe?
Answer: To check the Live Subscription status, please visit Jyoti CNC Automation IPO Subscription Status
Q5) How to Subscribe to Jyoti CNC Automation IPO?
Answer: One can apply to this IPO through demat account. IF you dont have demat account contact your stock broker.
Q6) How do I apply for Jyoti CNC Automation IPO through Zerodha?
Answer: Log in to Console in Zerodha Website or in Application. 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 on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q7) How to Apply the Jyoti CNC Automation IPO through Upstox?
Answer: Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jyoti CNC Automation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
FAQs about Jyoti CNC Automation IPO Allotment and Listing:
Q1) When will Jyoti CNC Automation IPO Allotment status be available?
Answer:The Jyoti CNC Automation IPO allotment status will be available online on January12, 2024. Check the Jyoti CNC Automation IPO Allotment Status here.
Q2) Where do I Check Jyoti CNC Automation IPO Allotment Status?
Answer: Live IPO allotment status can be checked here
Q3) When is Jyoti CNC Automation IPO getting listed?
Answer: Jyoti CNC Automation shares are getting listed on January 16, 2024
Q4) What documents I need to checK Jyoti CNC Automation IPO Allotment?
Answer: To check the Jyoti CNC Automation IPO allotment status – you will need any one for the following documents/numbers
- PAN Number
- IPO Application Numbers
- Demat Account/DP ID number
Q5) Can I Confirm the Jyoti CNC Automation IPO Allotment through offline?
Answer: Yes, You can check if you have got the Jyoti CNC Automation IPO allotment by calling the broker customer care.
It can also be confirmed through the bank account statement. When you applied for the IPO, the required amount would have been blocked.
Now if you got the allotment, the amount would be deducted from the blocked amount. If there is no allotment, the amount would be released from the blocked amont to your bank account
FAQs about Jyoti CNC Automation IPO GMP and Listing Gain
Q1) What is the Current GMP of Jyoti CNC Automation IPO?
Answer: The Current GMP of Jyoti CNC Automation IPO is ₹77.
Q2) What is the estimated listing price of Jyoti CNC Automation IPO?
Answer: The estimated listing price of Jyoti CNC Automation IPO is ₹408 based on current GMP of ₹77 and IPO price of ₹331. Hence the estimated gain is approx 23.26%
FAQs About Jyoti CNC Automation IPO Dates and Price:
Q1) When is Jyoti CNC Automation IPO is Coming?
Answer: The Jyoti CNC Automation IPO opens on January 09, 2024 and closes on January 11, 2024.
Q2) What is Jyoti CNC Automation IPO Time Table?
Answer: Jyoti CNC Automation IPO timetable / schedule is as below:
- Bid/Offer Opens On: Janaury 09, 2024
- Bid/Offer Closes On: Janaury 09, 2024
- Finalization of Basis of Allotment: Janaury 12, 2024
- Initiation of refunds: Janaury 15, 2024
- Credit of Equity Shares: Janaury 15, 2024
- Listing Date: Janaury 16, 2024
Q3) How Can I download Jyoti CNC Automation IPO Prospectus?
Answer: Use below links to download the Prospectus.
Jyothi CNC Automation Draft Red Herring Prospectus (DRHP)
Jyothi CNC Automation Red Herring Prospectus (RHP)
Q4) What is the Price Band of Jyoti CNC Automation IPO?
Answer: The price band of Jyoti CNC Automation IPO is ₹315 to ₹331
Q5) What is the closing time of Jyoti CNC Automation IPO?
Answer: The Jyoti CNC Automation IPO will close at 5PM of 11 January 2024.