Jyoti CNC Automation Limited
Jyoti CNC Automation Limited Info
Details about the Jyoti CNC Automation Limited IPO. Opening Date of Jyoti CNC Automation Limited is 09 Jan 24 and Closing Date is 11 Jan 24 . Face Value of Each share of Jyoti CNC Automation Limited is ₹2 per share. Price band of Jyoti CNC Automation Limited is ₹315 to ₹331. The Lot size of Jyoti CNC Automation Limited is 45 shares. Total issue size of Jyoti CNC Automation Limited IPO is ₹1000 cr. Fresh Issue of Jyoti CNC Automation Limited IPO is 1,000 cr. This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Jyoti CNC Automation Limited is 197,204,447. Share Holding Post Issue of Jyoti CNC Automation Limited is -.
Business Summary
Jyoti CNC Automation Limited is as a global leader in manufacturing metal-cutting CNC machines, securing the third-largest market share in India and the twelfth globally. With over two decades of expertise and a strong focus on R&D, they offer a wide array of CNC (Computer Numerical Control) machines catering to various industries such as aerospace, defense, automotive, and more.
The expanding demand for precision machinery across sectors like aerospace and defense fuels the company’s growth. Their clientele includes prominent names like ISRO, Turkish Aerospace, Bosch and more.
Comapany offer over 200 variants across 44 series. During the last 3 Fiscals, our Company has supplied over 8,400 CNC machines to more than 3,500 customers in India and across Asia (excluding India), Europe, North America and rest of the world.
Jyoti CNC Automation Limited IPO Details
| Open Date | 09 Jan 24 |
|---|---|
| Close Date | 11 Jan 24 |
| Face Value | ₹2 per shares |
| Price Band | ₹315 - ₹331 |
| Lot Size | 45 Shares |
| Employee Discount | ₹15 per Shares |
| Total issue Size | 30,211,480 Shares ₹1000 cr |
| Fresh Issue | 30,211,480 Shares ₹1000 cr |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 197,204,447 |
| Share Holding Post Issue | - |
| RHP , DHRP | View RHP, View DRHP |
Jyoti CNC Automation Limited IPO Timeline
The Jyoti CNC Automation Limited Initial Public Offering (IPO) is set to open on 09 Jan 24 and will end its subscription phase on 11 Jan 24. You can check your allotment status for Jyoti CNC Automation Limited on 12 Jan 24. The refund process for your funds will start promptly on 15 Jan 24. Jyoti CNC Automation Limited IPO credit of shares will be on 15 Jan 24. The listing date for Jyoti CNC Automation Limited is on 16 Jan 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Jyoti CNC Automation Limited IPO Reservation
The Jyoti CNC Automation Limited IPO reserves shares for different investor categories. Approximately Not less than 75% of the Net Issue will be available for QIB, Not more than 15% of the Net Issue will be available for NII, Not more than 15% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not less than 75% of the Net Issue |
| NII | Not more than 15% of the Net Issue |
| Retail | Not more than 15% of the Net Issue |
Jyoti CNC Automation Limited IPO Lot Size
Bids can be made for minimum of 45 shares and in multiple of 45 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 45 | 14,895 |
| Retail (Max) | 13 | 585 | 193,635 |
| SHNI (MIN) | 14 | 630 | 208,530 |
| SHNI (Max) | 67 | 3,015 | 997,965 |
| BHNI | 68 | 3,060 | 1,012,860 |
Jyoti CNC Automation Limited IPO Promoters Holding
Promoters holding details for Jyoti CNC Automation Limited in the current issue is as follows: The share holding of promoters before the issue stands at 72.13%, and after the issue, it has been adjusted to -%.
Promoters of Jyoti CNC Automation Limited are
| Share Holding Pre Issue | 72.13% |
|---|---|
| Share Holding Post Issue | -% |
Jyoti CNC Automation Limited Financial Information
Financial performance details for Jyoti CNC Automation Limited over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 1,706.07 | 1,515.38 | 1,286.24 | 1,388.19 |
| Revenue | 510.53 | 952.6 | 750.06 | 590.09 |
| Profit After Tax | 3.35 | 15.06 | -48.3 | -70.03 |
Jyoti CNC Automation Limited IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Jyoti CNC Automation Limited are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 324.51 |
| ROE | 18.35% |
| ROCE | 9.05% |
| Debt/Equity | 10.17 |
| EPS | 1.02 |
| RoNW | 18.35% |
Object of the Issue
- • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company
- • Funding long-term working capital requirements of our Company
- • General corporate purposes
Risk Factors to Consider
- • Company has incurred significant indebtedness and carry substantial debt servicing obligations. Further company have high debt equity ratio and a low debt service coverage ratio. If they do not generate sufficient amount of cash flows from operations, then their liquidity and the ability to service indebtedness could be adversely affected.
- • There are certain outstanding legal proceedings (including criminal proceedings involving Company, Promoters, Directors, and Subsidiaries which, if determine against them, could have a material adverse effect on the business, cash flows, financial condition and results of operations
- • Our Company has a high working capital requirement and if our Company is unable to raise sufficient working capital the operations of our Company will be adversely affected
Contact Details for Jyoti CNC Automation Limited
Phone
Office
G - 506, Lodhika GIDC, Village Metoda, Rajkot – 360 021, Gujarat,India
Registrar Details for Jyoti CNC Automation Limited
Link Intime India Private Limited
Lead Manager
- • Equirus Capital Private Limited
- • ICICI Securities Limited
- • SBI Capital Markets Limited