Jyoti CNC Automation Limited IPO

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Industrial Products

Listed On: Jan 16, 2024 at ₹ 370.0(NSE)

₹ 14895 /45 Shares

Check Allotment

Price Summary

Last Closing

1,230.00 (271.6%)

52 Week High

1,449.95

52 Week Low

368.00

Last Update

22-Nov-2024 3:30 PM

Jyoti CNC Automation Limited IPO Details

09 Jan, 2024

Open Date

11 Jan, 2024

Close Date

12 Jan, 2024

Allotment Date

16 Jan, 2024

Listing Date

Issue Price

₹315-331 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

370.0(NSE)

Listing Date

2024-01-16

Market Lot

Retail : 45 Shares (₹14,895/-)
S-HNI : 630 Shares (₹2,08,530/-)
B-HNI : 3,060 Shares (₹10,12,860/-)

Lead Manager

Equirus Capital Private Limited
ICICI Securities Limited
SBI Capital Markets Limited

Issue Size

30,211,480 shares(aggregating up to ₹1,000.00 Cr)

Retail Portion

10% (Number of Retail Applications: 66,785 Approx),
(Number of S-HNI Applications : 2,385 Approx),
(Number of B-HNI Applications : 4,770 Approx)

Subscription

38.53 times

IPO Docs

DRHP RHP ANCHOR

Jyoti CNC Automation Limited IPO Subscription Details

As on	QIB	NII bNII sNII	Retail	Total
Shares Offered / Reserved	9,018,127	4,509,064 3,006,042 1,503,021	3,006,042	16,533,233
Day 1 - 09-01-24 05:00 PM	0.02 x	3.63 2.99 x 4.92 x	8.28 x	2.52 x
Day 2 - 10-01-24 05:00 PM	0.22 x	6.49 5.88 x 7.70 x	11.08 x	3.92 x
Day 3 - 11-01-24 05:00 PM	44.13 x	36.48 40.70 x 28.04 x	26.17 x	38.53 x

Total No. of Applications: 16,13,063 (Approx)

Retail Subscription on the basis of Applications: 24.15 times

Jyoti CNC Automation Limited Valuations

Earnings Per Share (EPS)

₹1.02/-

P/E Ratio

324.5 (Pre-IPO)

RoNW

18.35%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Jyoti CNC Automation Limited Company Financials All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	1,515.38	1,286.24	1,388.19
Revenue	952.60	750.06	590.09
Profit After Tax	15.06	-48.30	-70.03

About The Company

Jyoti CNC Automation Limited is a manufacturer and supplier of CNC machines. The company is based in India and specializes in manufacturing and supplying CNC machines. The product range includes CNC turning centres, CNC turning-milling centres, CNC vertical machining centres (VMCs), CNC horizontal machining centres (HMCs), simultaneous 3-axis CNC machining centres, simultaneous 5-axis CNC machining centres and multi-tasking machines.

The company's customer base includes 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 .

The company has a wide range of CNC machines with 200 types in 44 series. In the last three financial years, over 7,200 machines have been supplied to more than 3,000 customers worldwide, including India, Europe, North America and a few parts of Asia. Since April 1, 2004, Jyoti CNC has delivered over 30,000 CNC machines worldwide.

The company distributes its products worldwide through Huron's established dealer network and also has 29 sales and service centres in Romania, France, Poland, Belgium, Italy and the UK.

The company has three manufacturing facilities, two of which are located in Rajkot, Gujrat, and another in Strasbourg, France, which has the necessary capabilities to design, develop and manufacture the entire product line.

As of June 30, 2023, the company's production capacity was 4,400 machines per year in India and 121 machines per year in France.

As of June 30, 2023, the Company had an order backlog of ₹ 31,430.56 million, including an order of ₹ 2,602.50 million from an electronic manufacturing services (EMS) company.

As of June 30, 2023, the company had a total of 2,573 employees.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Jyoti CNC	59.43	N/A	18.35%	953
Elgi Equipments	11.8	42.9	23.8%	3,041
Lakshmi Machine Works	5.84	35.6	17.0%	4,719
Triveni Turbine	15.0	57.3	21.5%	1,248
TD Power Systems	6.34	36.4	16.9%	872
Macpower CNC	6.60	47.1	14.2%	202

Jyoti CNC Automation Limited - Promoter(s)

Pre Issue Share Holding: 72.66%

Post Issue Share Holding: 62.60%

Company Promoter(s)

Parakramsinh Ghanshyamsinh Jadeja
Sahdevsinh Lalubha Jadeja
Vikramsinh Raghuvirsinh Rana
Jyoti International LLP

Jyoti CNC Automation Limited IPO - Issue Objectives

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 Limited IPO - Anchor Investors

Jyoti CNC Automation IPO: Investors pick Rs 448 crore shares via anchor book.

Marquee names like Goldman Sachs, Nomura Funds, Natixis International Funds, Neuberger Berman Emerging Markets Equity Fund, Optimix Wholesale Global, The Master Trust Bank of Japan, Prudential Hong Kong, Carmignac Portfolio, Allianz Global Investors Fund, and Eastspring Investments India Fund invested in the Rajkot-based company.

Domestic institutional investors ICICI Prudential Mutual Fund, Nippon Life India, Kotak Mahindra Trustee, Axis Mutual Fund, Manulife Global Fund, Canara Robeco Mutual Fund, Invesco Mutual Fund, Bandhan Mutual Fund, Edelweiss Trusteeship, HDFC Life Insurance Company, and Bajaj Allianz Life Insurance Company also participated in the counter.

Jyoti CNC Automation Limited IPO - FAQs

Ans. Jyoti CNC Automation Limited IPO is a Mainboard IPO. The issue is priced at ₹315-331 per equity share. The minimum order quantity is 45 Shares. The IPO opens on Jan 9, 2024, and closes on Jan 11, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Jyoti CNC Automation Limited IPO opens on Jan 9, 2024 and closes on Jan 11, 2024.

Ans. The size of Jyoti CNC Automation Limited IPO is 30,211,480 shares(aggregating up to ₹1,000.00 Cr).

Ans. The IPO price band is set between ₹315-331 per equity share.

Ans. To apply for Jyoti CNC Automation Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Jyoti CNC Automation Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Jyoti CNC Automation Limited IPO is Jan 12, 2024.

Ans. The Jyoti CNC Automation Limited IPO will be listed on Jan 16, 2024.

Ans. Follow the steps to check the allotment status for Jyoti CNC Automation Limited IPO here.