Published on: January 3, 2024
Jyoti CNC Automation Limited IPO, a CNC machine tools manufacturing company, is launching its IPO. The IPO will be a completely fresh issue and the issue size of the IPO will be Rs 1000 crore.
The IPO will open for subscription on 9 January 2024 and the subscription of the IPO will close on 11 January 2024. The allotment of the IPO can take place on 12 January 2024 and the IPO will be listed on the stock exchanges NSE and BSE on 16 January 2024.
The share price of Jyoti CNC Automation has not been announced yet, it will be updated in the coming time.
The booking managers of Jyoti CNC IPO are ICICI Securities Limited, Equirus Capital Private Limited and SBI Capital Markets Limited.
Jyoti CNC IPO Objectives.
The company will use the money raised through IPO for the following purposes.
- The company will repay its borrowings in full or in part
- Funding the long-term working capital requirements of the company And
- General corporate objectives.
Financial Information of Jyoti CNC Automation IPO
Jyoti CNC Automation 27% revenue increased in 31 March 2022 to 31 March 2023.
All amount given below in Crore.
| Period Ended | 31 Mar 2022 | 31 Mar 2023 | 30 Sep 2023 |
| Assets | 1,286.24 | 1,515.38 | 1,706.07 |
| Revenue | 750.06 | 952.60 | 510.53 |
| Profit After Tax | -48.30 | 15.06 | 3.35 |
| Net Worth | -29.68 | 36.23 | 205.63 |
| Reserves and Surplus | 11.67 | 49.14 | 213.33 |
| Total Borrowing | 792.16 | 834.97 | 821.40 |
Important Point of Jyoti CNC Automation
| Points | Values |
| ROE | 18.35% |
| ROCE | 9.50% |
| Debt/Equity | 10.17 |
| EPS (Rs) | 1.02 |
| RoNW | 18.35% |
Jyoti CNC IPO Important Date
Jyoti IPO open 9 january 2024 and close 11 Jan 2024 .
| IPO Open Date | 9 Jan 2024 |
| IPO Close Date | 11 Jan 2024 |
| Basis of Allotment | 12 Jan 2024 |
| Initiation of Refunds | 15 Jan 2024 |
| Credit of Shares to Demat | 15 Jan 2024 |
| Listing Date | 16 Jan 2024 |
Jyoti IPO Details
| IPO Price | . |
| Lot Size | . |
| Total Issues Size | [.] shares (aggregating up to ₹1,000.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹1,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 195,757,090 |
Jyoti IPO Promoter Holding
Share Holding Pre Issue 72.66%
Jyoti CNC Automation Promoters are Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP, Parakramsinh Ghanshyamsinh Jadeja and Sahdevsinh Lalubha Jadeja.
Jyoti CNC company contact details
Jyoti CNC Automation Limited
G – 506, Lodhika GIDC
Village Metoda,
Rajkot – 360 021,
Phone: + 91-2827–235182
Email: investors@jyoti.co.in
Website: https://jyoti.co.in/
Jyoti CNC IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: jyoticnc.ipo@linkintime.co.in
Website: https://linkintime.co.in
