Jay Bee Laminations IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Aug 27 to Aug 29 2024
Price Band
₹138 - 146
Current GMP
₹277.4(90.0%)
Subscription
112.84 times
IPO Details
| IPO Date | August 27, 2024 to August 29, 2024 |
| Listing Date | Tuesday, September 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹138 to ₹146 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 6,093,000 shares (aggregating up to ₹88.96 Cr) |
| Fresh Issue | 4,570,000 shares (aggregating up to ₹66.72 Cr) |
| Offer for Sale | 1,523,000 shares of ₹10 (aggregating up to ₹22.24 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 17,997,600 |
| Share holding post issue | 22,567,600 |
| Market Maker portion | 305,000 shares Shreni Shares |
IPO Date
August 27, 2024 to August 29, 2024
Listing Date
Tuesday, September 3, 2024
Face Value
₹10 per share
Price Band
₹138 to ₹146 per share
Lot Size
1000 Shares
Total Issue Size
6,093,000 shares (aggregating up to ₹88.96 Cr)
Fresh Issue
4,570,000 shares (aggregating up to ₹66.72 Cr)
Offer for Sale
1,523,000 shares of ₹10 (aggregating up to ₹22.24 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
17,997,600
Share holding post issue
22,567,600
Market Maker portion
305,000 shares Shreni Shares
IPO Subscription Details
| Anchor Investors | 1 |
| Market Maker | 1 |
| Qualified Institutions | 72.35 |
| Non-Institutional Buyers*** | 229.86 |
| Retail Investors | 85.79 |
| Total ** | 112.84 |
Anchor Investors
1
Market Maker
1
Qualified Institutions
72.35
Non-Institutional Buyers***
229.86
Retail Investors
85.79
Total **
112.84
Day Wise Sub
| Day | QIB | NII* | Retail | Total |
|---|---|---|---|---|
| Day 1 Aug 27, 2024 | 0.00 | 3.33 | 8.88 | 5.21 |
| Day 2 Aug 28, 2024 | 0.00 | 15.91 | 32.06 | 19.64 |
| Day 3 Aug 29, 2024 | 72.35 | 229.86 | 85.79 | 112.84 |
DayDay 1
Aug 27, 2024
QIB0.00
NII*3.33
Retail8.88
Total5.21
DayDay 2
Aug 28, 2024
QIB0.00
NII*15.91
Retail32.06
Total19.64
DayDay 3
Aug 29, 2024
QIB72.35
NII*229.86
Retail85.79
Total112.84
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 03-09-2024 | 146.00 | 157(107.53%) | 303 |
| 02-09-2024 | 146.00 | 157(107.53%) | 303 |
| 01-09-2024 | 146.00 | 140(95.89%) | 286 |
| 31-08-2024 | 146.00 | 140(95.89%) | 286 |
| 30-08-2024 | 146.00 | 121(82.88%) | 267 |
| 29-08-2024 | 146.00 | 90(61.64%) | 236 |
| 28-08-2024 | 146.00 | 85(58.22%) | 231 |
| 27-08-2024 | 146.00 | 85(58.22%) | 231 |
| 26-08-2024 | 146.00 | 85(58.22%) | 231 |
| 25-08-2024 | 146.00 | 85(58.22%) | 231 |
| 24-08-2024 | 146.00 | 85(58.22%) | 231 |
| 23-08-2024 | 146.00 | 65(44.52%) | 211 |
| 22-08-2024 | 146.00 | 45(30.82%) | 191 |
| 21-08-2024 | 146.00 | 45(30.82%) | 191 |
Date03-09-2024
Price146.00
GMP157(107.53%)
Estimate List Price303
Date02-09-2024
Price146.00
GMP157(107.53%)
Estimate List Price303
Date01-09-2024
Price146.00
GMP140(95.89%)
Estimate List Price286
Date31-08-2024
Price146.00
GMP140(95.89%)
Estimate List Price286
Date30-08-2024
Price146.00
GMP121(82.88%)
Estimate List Price267
Date29-08-2024
Price146.00
GMP90(61.64%)
Estimate List Price236
Date28-08-2024
Price146.00
GMP85(58.22%)
Estimate List Price231
Date27-08-2024
Price146.00
GMP85(58.22%)
Estimate List Price231
Date26-08-2024
Price146.00
GMP85(58.22%)
Estimate List Price231
Date25-08-2024
Price146.00
GMP85(58.22%)
Estimate List Price231
Date24-08-2024
Price146.00
GMP85(58.22%)
Estimate List Price231
Date23-08-2024
Price146.00
GMP65(44.52%)
Estimate List Price211
Date22-08-2024
Price146.00
GMP45(30.82%)
Estimate List Price191
Date21-08-2024
Price146.00
GMP45(30.82%)
Estimate List Price191
IPO Important Dates
| IPO Open Date | Tuesday, August 27, 2024 |
| IPO Close Date | Thursday, August 29, 2024 |
| Basis of Allotment | Friday, August 30, 2024 |
| Initiation of Refunds | Monday, September 2, 2024 |
| Credit of Shares to Demat | Monday, September 2, 2024 |
| Listing Date | Tuesday, September 3, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2024 |
IPO Open Date
Tuesday, August 27, 2024
IPO Close Date
Thursday, August 29, 2024
Basis of Allotment
Friday, August 30, 2024
Initiation of Refunds
Monday, September 2, 2024
Credit of Shares to Demat
Monday, September 2, 2024
Listing Date
Tuesday, September 3, 2024
Cut-off time for UPI mandate confirmation
5 PM on August 29, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹146,000 |
| Retail (Max) | 1 | 1000 | ₹146,000 |
| HNI (Min) | 2 | 2,000 | ₹292,000 |
ApplicationRetail (Min)
Lots1
Shares1000
Amount₹146,000
ApplicationRetail (Max)
Lots1
Shares1000
Amount₹146,000
ApplicationHNI (Min)
Lots2
Shares2,000
Amount₹292,000
Key Performance Indicator
| ROE | 36.42% |
| ROCE | 39.23% |
| Debt/Equity | 0.38 |
| RoNW | 30.81% |
| P/BV | 4.18 |
| PAT Margin (%) | 6.39 |
| EPS (Rs) | 10.75 |
ROE
36.42%
ROCE
39.23%
Debt/Equity
0.38
RoNW
30.81%
P/BV
4.18
PAT Margin (%)
6.39
EPS (Rs)
10.75
IPO Reservation
| Anchor Investor Shares Offered | 17,10,000 (28.06%) |
| Market Maker Shares Offered | 3,05,000 (5.01%) |
| QIB Shares Offered | 11,40,000 (18.71%) |
| NII (HNI) Shares Offered | 8,72,000 (14.31%) |
| Retail Shares Offered | 20,66,000 (33.91%) |
| Total Shares Offered | 60,93,000 (100%) |
Anchor Investor Shares Offered
17,10,000 (28.06%)
Market Maker Shares Offered
3,05,000 (5.01%)
QIB Shares Offered
11,40,000 (18.71%)
NII (HNI) Shares Offered
8,72,000 (14.31%)
Retail Shares Offered
20,66,000 (33.91%)
Total Shares Offered
60,93,000 (100%)
Information about company
Jay Bee Laminations Ltd was established in 1988 and is active in the supply of Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores.
The company manufactures and supplies a range of products including electrical laminations, slotted coils and assembled cores in cold rolled grain oriented silicon steel and cold rolled non-grain oriented steel for applications in transformers, UPS and inverters for end use in the power industry.
The company’s production facilities are equipped with all proprietary equipment for cutting, slitting, assembling and testing CRGO and CRNGO electrical steel cores and cover a total area of 10,878 square metres. The company also has its own laboratory for testing raw materials and finished products, as well as its own tooling department for sharpening blades. The current facilities are well equipped to serve customers who manufacture transformers up to 220 kV class. In addition, the company has utilised 84% of its installed capacity as of December 31, 2023.
Jay Bee Laminations' customer base includes manufacturers producing transformers ranging from 11 kV to 220 kV, including power and distribution transformers.
As of March 31, 2024, the company employed a total of 277 people.
Objectives of IPO
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
Funding our working capital requirements; and
General Corporate Expenses.
Disclaimer
All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.
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