Jyoti CNC
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Jan 9 to Jan 11, 2024
Price Band
₹315 - 331
Current GMP
₹370 (11.78%)
Subscription
40.49 times
IPO Details
| IPO Date | January 9, 2024 to January 11, 2024 |
| Listing Date | Tuesday, January 16, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹315 to ₹331 per share |
| Lot Size | 45 Shares |
| Total Issue Size | 30,211,480 shares (aggregating up to ₹1,000.00 Cr) |
| Fresh Issue | 30,211,480 shares (aggregating up to ₹1,000.00 Cr) |
| Employee Discount | Rs 15 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 197,204,447 |
| Share holding post issue | 227,415,927 |
IPO Date
January 9, 2024 to January 11, 2024
Listing Date
Tuesday, January 16, 2024
Face Value
₹2 per share
Price Band
₹315 to ₹331 per share
Lot Size
45 Shares
Total Issue Size
30,211,480 shares (aggregating up to ₹1,000.00 Cr)
Fresh Issue
30,211,480 shares (aggregating up to ₹1,000.00 Cr)
Employee Discount
Rs 15 per share
Issue Type
Book Built Issue IPO
Listing At
BSE, NSE
Share holding pre issue
197,204,447
Share holding post issue
227,415,927
IPO Subscription Details
| Anchor Investors | 1 |
| Qualified Institutions | 46.37 |
| Non-Institutional Buyers | 38.33 |
| bNII (bids above ₹10L) | 42.77 |
| sNII (bids below ₹10L) | 29.47 |
| Retail Investors | 27.50 |
| Employees | 13.14 |
| Total ** | 40.49 |
Anchor Investors
1
Qualified Institutions
46.37
Non-Institutional Buyers
38.33
bNII (bids above ₹10L)
42.77
sNII (bids below ₹10L)
29.47
Retail Investors
27.50
Employees
13.14
Total **
40.49
Day Wise Sub
| Day | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
| Day 1 Jan 9, 2024 | 0.02 | 3.84 | 8.84 | 0.00 | 2.70 |
| Day 2 Jan 10, 2024 | 0.23 | 6.83 | 11.74 | 5.44 | 4.14 |
| Day 3 Jan 11, 2024 | 46.37 | 38.33 | 27.50 | 13.14 | 40.49 |
DayDay 1
Jan 9, 2024
QIB0.02
NII3.84
Retail8.84
EMP0.00
Total2.70
DayDay 2
Jan 10, 2024
QIB0.23
NII6.83
Retail11.74
EMP5.44
Total4.14
DayDay 3
Jan 11, 2024
QIB46.37
NII38.33
Retail27.50
EMP13.14
Total40.49
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 16-01-2024 | 331.00 | 38 (11.48%) | 369 |
| 15-01-2024 | 331.00 | 38 (11.48%) | 369 |
| 14-01-2024 | 331.00 | 40 (12.08%) | 371 |
| 13-01-2024 | 331.00 | 40 (12.08%) | 371 |
| 12-01-2024 | 331.00 | 51 (15.41%) | 382 |
| 11-01-2024 | 331.00 | 48 (14.5%) | 379 |
| 10-01-2024 | 331.00 | 44 (13.29%) | 375 |
| 09-01-2024 | 331.00 | 77 (23.26%) | 408 |
| 08-01-2024 | 331.00 | 100 (30.21%) | 431 |
| 07-01-2024 | 331.00 | 77 (23.26%) | 408 |
| 06-01-2024 | 331.00 | 76 (22.96%) | 407 |
| 05-01-2024 | 331.00 | 67 (20.24%) | 398 |
| 04-01-2024 | 331.00 | 85 (25.68%) | 416 |
| 03-01-2024 | NA | 60 (%) | 60 |
Date16-01-2024
Price331.00
GMP38 (11.48%)
Estimate List Price369
Date15-01-2024
Price331.00
GMP38 (11.48%)
Estimate List Price369
Date14-01-2024
Price331.00
GMP40 (12.08%)
Estimate List Price371
Date13-01-2024
Price331.00
GMP40 (12.08%)
Estimate List Price371
Date12-01-2024
Price331.00
GMP51 (15.41%)
Estimate List Price382
Date11-01-2024
Price331.00
GMP48 (14.5%)
Estimate List Price379
Date10-01-2024
Price331.00
GMP44 (13.29%)
Estimate List Price375
Date09-01-2024
Price331.00
GMP77 (23.26%)
Estimate List Price408
Date08-01-2024
Price331.00
GMP100 (30.21%)
Estimate List Price431
Date07-01-2024
Price331.00
GMP77 (23.26%)
Estimate List Price408
Date06-01-2024
Price331.00
GMP76 (22.96%)
Estimate List Price407
Date05-01-2024
Price331.00
GMP67 (20.24%)
Estimate List Price398
Date04-01-2024
Price331.00
GMP85 (25.68%)
Estimate List Price416
Date03-01-2024
PriceNA
GMP60 (%)
Estimate List Price60
IPO Important Dates
| IPO Open Date | Tuesday, January 9, 2024 |
| IPO Close Date | Thursday, January 11, 2024 |
| Basis of Allotment | Friday, January 12, 2024 |
| Initiation of Refunds | Monday, January 15, 2024 |
| Credit of Shares to Demat | Monday, January 15, 2024 |
| Listing Date | Tuesday, January 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 11, 2024 |
IPO Open Date
Tuesday, January 9, 2024
IPO Close Date
Thursday, January 11, 2024
Basis of Allotment
Friday, January 12, 2024
Initiation of Refunds
Monday, January 15, 2024
Credit of Shares to Demat
Monday, January 15, 2024
Listing Date
Tuesday, January 16, 2024
Cut-off time for UPI mandate confirmation
5 PM on January 11, 2024
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | ₹14,895 |
| Retail (Max) | 13 | 585 | ₹193,635 |
| S-HNI (Min) | 14 | 630 | ₹208,530 |
| S-HNI (Max) | 67 | 3,015 | ₹997,965 |
| B-HNI (Min) | 68 | 3,060 | ₹1,012,860 |
ApplicationRetail (Min)
Lots1
Shares45
Amount₹14,895
ApplicationRetail (Max)
Lots13
Shares585
Amount₹193,635
ApplicationS-HNI (Min)
Lots14
Shares630
Amount₹208,530
ApplicationS-HNI (Max)
Lots67
Shares3,015
Amount₹997,965
ApplicationB-HNI (Min)
Lots68
Shares3,060
Amount₹1,012,860
Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 1,706.07 | 1,515.38 | 1,286.24 |
| Revenue | 510.53 | 952.60 | 750.06 |
| Profit After Tax | 3.35 | 15.06 | -48.30 |
| Net Worth | 205.63 | 36.23 | -29.68 |
| Reserves and Surplus | 213.33 | 49.14 | 11.67 |
| Total Borrowing | 821.40 | 834.97 | 792.16 |
Period EndedPeriod Ended
30 Sep 202330 Sep 2023
31 Mar 202331 Mar 2023
31 Mar 202231 Mar 2022
Period EndedAssets
30 Sep 20231,706.07
31 Mar 20231,515.38
31 Mar 20221,286.24
Period EndedRevenue
30 Sep 2023510.53
31 Mar 2023952.60
31 Mar 2022750.06
Period EndedProfit After Tax
30 Sep 20233.35
31 Mar 202315.06
31 Mar 2022-48.30
Period EndedNet Worth
30 Sep 2023205.63
31 Mar 202336.23
31 Mar 2022-29.68
Period EndedReserves and Surplus
30 Sep 2023213.33
31 Mar 202349.14
31 Mar 202211.67
Period EndedTotal Borrowing
30 Sep 2023821.40
31 Mar 2023834.97
31 Mar 2022792.16
Key Performance Indicator
| ROE | 18.35% |
| ROCE | 9.50% |
| Debt/Equity | 10.17 |
| RoNW | 18.35% |
| P/BV | 59.43 |
| EPS (Rs) | 0.76 |
ROE
18.35%
ROCE
9.50%
Debt/Equity
10.17
RoNW
18.35%
P/BV
59.43
EPS (Rs)
0.76
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 13,527,190 (44.76%) | NA |
| QIB Shares Offered | 9,018,127 (29.84%) | NA |
| NII (HNI) Shares Offered | 4,509,064 (14.92%) | |
| bNII > ₹10L | 3,006,042 (9.95%) | 4,771 |
| sNII < ₹10L | 1,503,021 (4.97%) | 2,385 |
| Retail Shares Offered | 3,006,042 (9.95%) | 66,800 |
| Employee Shares Offered | 158,227 (0.52%) | NA |
| Total Shares Offered | 30,218,650 (100%) |
Investor CategoryAnchor Investor Shares Offered
Shares Offered13,527,190 (44.76%)
Maximum AllotteesNA
Investor CategoryQIB Shares Offered
Shares Offered9,018,127 (29.84%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered4,509,064 (14.92%)
Maximum Allottees
Investor CategorybNII > ₹10L
Shares Offered3,006,042 (9.95%)
Maximum Allottees4,771
Investor CategorysNII < ₹10L
Shares Offered1,503,021 (4.97%)
Maximum Allottees2,385
Investor CategoryRetail Shares Offered
Shares Offered3,006,042 (9.95%)
Maximum Allottees66,800
Investor CategoryEmployee Shares Offered
Shares Offered158,227 (0.52%)
Maximum AllotteesNA
Investor CategoryTotal Shares Offered
Shares Offered30,218,650 (100%)
Maximum Allottees
Information about company
Incorporated in January 1991, 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 others.
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 â¹ 31,430.56 million, including an order of â¹ 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.
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