Upcoming IPO Jyoti CNC Automation

Manufacturer and supplier of CNC (Computer Numerical Control) machines.

Jyoti CNC Automation

Company Overview

Founded: January 1991 Business: Manufacturer and supplier of CNC (Computer Numerical Control) machines Product Range: Includes CNC turning centres, vertical and horizontal machining centres, and multi-tasking machines Manufacturing Facilities: Three facilities, two in Rajkot, Gujarat, and one in Strasbourg, France 

IPO Detail

Opening Date: 09 Jan, 2024 Closing Date: 11 Jan, 2024 Price Band: ₹315 - ₹331 per share Lot Size: Min of 45 shares Listing Date: 16 Jan, 2024 on BSE and NSE Issue Size: ₹1,000 Crore Employee Discount: ₹15 per share Promoter Holding: Pre-Issue - 72.66%, Post-Issue - 62.6%

Financial Highlight

Revenue Growth: Significant revenue increase in the recent financial year Profit After Tax (PAT): Notable increase in PAT between the fiscal years ending March 31, 2022, and March 31, 2023 Order Backlog: As of June 30, 2023, the order backlog stood at ₹ 31,430.56 million

Utilization of IPO Proceed

Debt Repayment: Repayment or pre-payment of certain borrowing Working Capital: Funding long-term working capital requirement General Corporate Purpose

Key Performance Indicator

ROE :                         18.35% ROCE :                       9.50% Debt/ Equity :           10.17 RoNW :                      18.35%

Jyoti CNC Automation IPO GMP

Date

GMP

08 Jan 2024

09 Jan 2024

₹ 95

₹ 77

₹ 77

₹ 76

₹ 85

₹ 135

07 Jan 2024

06 Jan 2024

05 Jan 2024

04 Jan 2024