LISTED Mainboard NSE & BSE Engineering - Heavy Machinery 📍 Rajkot, Gujarat, India Live

Jyoti CNC Automation Limited IPO

Industrial Manufacturing · ISIN: INE980O01024 · Registrar: MUFG Intime India Private Limited

Price Band ₹315 – ₹331

Issue Size ₹1000 Cr

Lot Size 45 shares

Grey Market Premium ₹45

Subscription (Total) 40.49x

Last updated 1 week ago · refreshes automatically

🔎 Check Allotment Status

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📅 IPO Timeline

DRHP Filed

01 Sep 2023

RHP Filed

03 Jan 2024

Anchor Investors

08 Jan 2024

IPO Opens

09 Jan 2024

IPO Closes

11 Jan 2024

Allotment

12 Jan 2024

Refund

15 Jan 2024

Shares Credit

15 Jan 2024

Listing

16 Jan 2024

📈 Grey Market Premium Trend

Latest GMP: ₹45

Subject to Sauda₹1500

Estimated Listing Price ₹376

Estimated Gain 13.6%

Estimate based on price band + current GMP. Grey market premium is unofficial and can change daily.

📊 Subscription Status

Retail

27.5x

QIB

46.37x

NII

38.33x

Employee

13.14x

Total Subscription 40.49x

As of 2024-01-11

Day	Retail	QIB	NII	Total
Day 1 (09-Jan-2024)	8.77x	0.02x	3.83x	2.68x
Day 2 (10-Jan-2024)	11.69x	0.23x	6.82x	4.13x
Day 3 (11-Jan-2024)	27.50x	46.37x	38.33x	40.49x

📋 IPO Details

Open Date09 Jan 2024

Close Date11 Jan 2024

Allotment Date12 Jan 2024

Listing Date16 Jan 2024

Price Band₹315 – ₹331

Lot Size45

Face Value₹2 Per Share

Total Issue Size₹1000 Cr

Fresh Issue₹1000 Cr

Offer For Sale₹0 Cr

Minimum Investment₹14,895

Max Retail Investment₹1,93,635

Employee Discount₹15 Per Share

Retail Reservation10%

QIB Reservation30%

NII Reservation15%

Total Shares Offered3,02,18,649 shares

QIB Shares90,18,127

NII Shares45,09,064

Retail Shares30,06,042

Min Lot — sNII630 shares

Min Lot — bNII3060 shares

Application ModeASBA / UPI

Lead ManagerEquirus Capital Private Limited; ICICI Securities Limited; SBI Capital Markets Limited

RegistrarMUFG Intime India Private Limited

Listing Price₹433.15

Listing Gain30.86%

⚓ Anchor Investor Details

Amount Raised₹447.75 Cr

Shares Allotted1,35,27,190

50% Lock-in Ends11 Feb 2024

Remaining Lock-in Ends11 Apr 2024

🏦 Notable Anchor Investors

Goldman Sachs FundsNomura Funds IrelandThe Master Trust Bank of JapanManulife Global FundPrudential Hong KongCarmignac PortfolioAllianz Global Investors FundNippon Life IndiaICICI Prudential Midcap FundHDFC Life Insurance Company LimitedBajaj Allianz Life Insurance Company LimitedAxis Mutual FundCanara Robeco Mutual Fund

🏢 Company Profile

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Jyoti CNC Automation Limited IPO

Jyoti CNC Automation Limited is a Rajkot-based manufacturer of metal-cutting CNC machines. Its product portfolio includes CNC Turning Centers, Turn Mill Centers, Vertical Machining Centers, Horizontal Machining Centers, 3-Axis and 5-Axis Machining Centers and multi-tasking machines, serving industries including aerospace and defence, automotive, general engineering, EMS, dies and moulds.

Zepto IPO Moves Closer, Rs. 9,500 Crore Listing Plan Could Change Quick Commerce In India

HeadquartersRajkot, Gujarat, India

CityRajkot

Statedone

CountryIndia

Employees2,573

SectorEngineering - Heavy Machinery

Promoter Holding (Pre-Issue)72.66%

Promoter Holding (Post-Issue)62.60%

👨‍💼 Promoters

Parakramsinh Ghanshyamsinh JadejaSahdevsinh Lalubha JadejaVikramsinh Raghuvirsinh RanaJyoti International LLP

🌍 Global Presence

IndiaFranceGermanyCanadaTurkey

📦 Products & Services

CNC Turning CentersCNC Turn Mill CentersCNC Vertical Machining Centers (VMC)CNC Horizontal Machining Centers (HMC)Simultaneous 3-Axis CNC Machining CentersSimultaneous 5-Axis CNC Machining CentersMulti-tasking CNC MachinesIndustry 4.0 and AI Solutions

💹 Financial Highlights

Financial Year	Revenue	Profit After Tax	EBITDA
30-Sep-2023 Stub	₹509.82 Cr	₹3.35 Cr	₹74.40 Cr
FY2023	₹929.25 Cr	₹15.06 Cr	₹97.38 Cr
FY2022	₹746.48 Cr	-₹48.30 Cr	₹72.66 Cr

📊 Key Ratios

EPS0.29

ROE18.35

ROCE9.50

NAV5.57

Debt/Equity10.17

P/E1122.83

✅ Company Strengths

One of the leading CNC machine manufacturers in India and globally.
Diversified global customer base across multiple end-user industries.
Strong technology focus and dedicated R&D capabilities.
Vertically integrated operations supporting customization and production efficiencies.
Experienced promoters and management team.

⚠️ Risk Factors

The company has incurred losses in the past and may not sustain profitability.
Dependence on customer relationships and absence of long-term purchase commitments may affect revenue.
Significant indebtedness creates substantial debt-servicing obligations.
Reliance on third-party logistics providers for transportation of input materials and finished products.
Turnaround of subsidiaries and international operations may affect consolidated performance.
Domestic slowdown or component shortages may affect operations.

🎯 IPO Objectives

Repayment and/or pre-payment, in full or part, of certain borrowings availed by the company – approximately ₹475 Cr.
Funding long-term working capital requirements – approximately ₹360 Cr.
General corporate purposes – balance amount.

📄 Important Documents

🔎 Check Allotment Status 📥 DRHP 📥 RHP 📥 Prospectus 📥 Annual Report 📥 Investor Presentation

❓ Frequently Asked Questions

What is the IPO price band?

₹315–₹331 per share.

What is the lot size?

45 shares.

What is the minimum investment?

₹14,895 at the upper price band.

When did the IPO open and close?

9 January 2024 to 11 January 2024.

When was Jyoti CNC Automation listed?

16 January 2024 on BSE and NSE.

What was the final subscription?

40.49x overall, based on the reported final category-wise subscription data.

📰 Related News

Jyoti CNC Automation raises ₹447.75 crore from anchor investors ahead of IPO.
Jyoti CNC Automation IPO opens with a ₹315–₹331 price band.
Jyoti CNC Automation IPO receives 40.49x overall subscription.
Jyoti CNC Automation lists on BSE and NSE on 16 January 2024.