Jay Bee Laminations Limited IPO
NSE SMEListed On: Sep 3, 2024 at ₹ 277.4
₹ 292000 /2000 Shares
*Min Investment
27 Aug, 2024
Open Date29 Aug, 2024
Close Date30 Aug, 2024
Allotment Date03 Sep, 2024
Listing DateJay Bee Laminations IPO Issue Details
- Issue Price ₹138-146 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 60,93,000 shares(aggregating up to ₹88.96 crore)
- Fresh Share 45,70,000 shares(aggregating up to ₹66.72 crore)
- Offer For Sale 15,23,000 shares(aggregating up to ₹22.24 crore)
- Listing at NSE SME
- List Price 277.4
- Listing Date 2024-09-03
- Lead Manager Swaraj shares and securities private limited
- Registrar Bigshare Services Pvt Ltd
Market Lot Size
Investors can bid for a minimum of 1000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1000 | ₹1,46,000 |
| Retail(max) | 1 | 1000 | ₹1,46,000 |
| NII (min) | 2 | 2000 | ₹2,92,000 |
Jay Bee Laminations IPO Reservation
Jay Bee Laminations IPO offers total 60,93,000 shares. Out of which 11,40,000 (18.71%) allocated to QIB, 8,72,000 (14.31%) allocated to NII,20,66,000 (33.91%) allocated to RII, NA (NA%) allocated to employees and 17,10,000 (28.06%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| 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%) |
Jay Bee Laminations IPO Documents
Jay Bee Laminations IPO Details
Jay Bee Laminations Limited IPO is an SME IPO, priced at ₹138-146 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the NSE SME platform. The IPO comprises a total issue of 60,93,000 equity shares, aggregating up to ₹88.96 crores..
The IPO bidding window is open from Aug 27, 2024 to Aug 29, 2024. The allotment is expected to be finalized on Aug 30, 2024, and the tentative listing date is Sep 3, 2024.
The minimum lot size for Retail investors is 1000 shares, with a minimum investment of ₹1,46,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,92,000.
Swaraj shares and securities private limited is acting as the lead manager to the issue. The registrar of the IPO is Bigshare Services Pvt Ltd, and Shreni Shares Limited will act as the market maker for this issue.
Jay Bee Laminations IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,140,000 / 872,000 | 2,066,000 | 4,078,000 |
Day 1 27-08-24 06:00 PM | 0.00 / 3.33 x | 8.88 x | 5.21 x |
Day 2 28-08-24 06:00 PM | 0.00 / 15.91 x | 32.06 x | 19.64 x |
Day 3 29-08-24 06:00 PM | 72.35 / 230.28 x | 86.58 x | 113.24 x |
Jay Bee Laminations Valuations
Jay Bee Laminations Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 10,897.58 | 9,514.73 | 5,594.98 |
| Revenue | 24,748.86 | 14,167.39 | 7,527.59 |
| Profit After Tax | 1,360 | 571.63 | -198.37 |
About Jay Bee Laminations Company
Jay Bee Laminations Ltd was founded in 1988 and is engaged in the business of supplying Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores.
The company manufactures and supplies a vast scale of products, such as electrical laminations, slotted coils, and assembled cores in cold rolled grain oriented silicon steel and cold rolled non-grain oriented steel for application in transformers, UPS, and inverters for end use in the power industry.
The company's production facilities are fully equipped with proprietary equipment for cutting, slitting, assembling and testing CRGO and CRNGO electrical steel cores, which cover a total area of 10,878 square meters. Besides, the company has its own laboratory for the testing of raw materials and finished products, its own tooling department for sharpening blades. The present facilities are fully geared to cater to the needs of customers manufacturing transformers up to 220 kV class. The company has also used 84% of its installed capacity as of December 31, 2023.
The customer base for Jay Bee Laminations is the transformer manufacturing customers in the 11 kV to 220 kV range, which encompasses power and distribution transformers.
As of March 31, 2024, the total employee strength was 277.
Jay Bee Laminations - Promoter(s)
Mr. Munish Kumar Aggarwal
Mr. Mudit Aggarwal
Mrs. Sunita Aggarwal
Pre Issue Share Holding : 97.00%
Post Issue Share Holding : 70.61%
Jay Bee Laminations IPO - Issue Objectives
Funding our working capital requirements
General Corporate Expenses.
Jay Bee Laminations IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Jay Bee Laminations Limited | 10.75 | 10.75 | 34.9 | 19.32 | 30.81 | 4.29 | Standalone |
| Vilas Transcore Limited | 12.82 | 12.82 | 65.1 | 36.19 | 14.48 | 7.12 | Standalone |
Notes:
- The P/E Ratio has been computed by dividing the price per share by Earnings per Equity Share.
- Earnings per Equity Share = Profit for the period/year / Weighted average number of equities shares outstanding during the period/year.
- Return on net worth is the ratio of Restated Profit/(loss) after tax for the relevant Financial Year to Net Worth as of the last day of the relevant Financial Year.
- Net asset value per equity share is calculated by dividing the company's net worth by the total number of equity shares outstanding as of the last day of the relevant Financial Year.
Contact Details
Jay Bee Laminations
26/36, Upper Ground Floor, East Patel Nagar New Delhi Patel Nagar East, Central Delhi, New Delhi -110008
+91-9870403729
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Jay Bee Laminations IPO - FAQs
Ans. Jay Bee Laminations Limited IPO is a SME IPO. The issue is priced at ₹138-146 per equity share. The minimum order quantity is 1000 Shares. The IPO opens on Aug 27, 2024, and closes on Aug 29, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Jay Bee Laminations Limited IPO opens on Aug 27, 2024 and closes on Aug 29, 2024.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Jay Bee Laminations Limited IPO is 6,093,230 shares(aggregating up to ₹88.96 Cr).
Ans. The Jay Bee Laminations Limited IPO price band is set between ₹138-146 per equity share.
Ans. To apply for Jay Bee Laminations Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Jay Bee Laminations Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Jay Bee Laminations Limited IPO is Aug 30, 2024.
Ans. The Jay Bee Laminations Limited IPO will be listed on Sep 3, 2024.
Ans. Follow the steps to check the Jay Bee Laminations Limited IPO allotment status online.
