Jyoti CNC Automation Limited IPO
Jyoti CNC Automation Limited IPO is listed on BSE and NSE, priced at ₹315–₹331 per share. The stock debuted at ₹370, delivering a listing gain of 11.8%. The IPO had a lot size of ₹45 shares and a minimum investment of ₹14,895.
Jyoti CNC Automation Limited IPO
- IPO Dates
- Jan 9, 2024 – Jan 11, 2024
- Price band
- ₹315-331 per equity share
- Minimum Investment
- ₹14,895
- Issue size
- ₹1000 Cr
- Lot size
- 45
- Allotment Date
- Jan 12, 2024
- Listing
- Jan 16, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Jan 9, 2024
Open Date
Completed
-
Jan 11, 2024
Close Date
Completed
-
Jan 12, 2024
Allotment Date
Completed
-
Jan 16, 2024
Listing Date
Completed
Price Summary
- Last closing
- 718.00 (116.92%)
- 52 week high
- 1,330.00
- 52 week low
- 686.75
- Last update
Jyoti CNC Automation Limited IPO Essentials
Jyoti CNC Automation Limited IPO Details
Jyoti CNC Automation Limited IPO is priced at ₹315-331 per share with a total issue size of 1000 crore. The IPO has a lot size of 45 shares and is listed on BSE and NSE.
- Issue price
- ₹315-331 per equity share
- Lot size
- 45 shares
- Face value
- ₹2 Per Equity Share
- Issue size
- 30,211,480 shares(aggregating up to ₹1,000.00 Cr)
- Total issue size
- 3,02,11,480 shares
(aggregating up to ₹1000 crore) - Fresh issue
- 3,02,11,480 shares
(aggregating up to ₹1000 crore) - Listing at
- BSE, NSE
- List price
- 370.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Equirus Capital Private Limited, ICICI Securities Limited, SBI Capital Markets Limited
Market Lot Size
Investors can bid for a minimum of 45 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 | 45 | ₹14,895 |
| Retail(max) | 13 | 585 | ₹1,93,635 |
| sHNI(min) | 14 | 630 | ₹2,08,530 |
| sHNI(max) | 67 | 3,015 | ₹9,97,965 |
| sHNI(min) | 68 | 3,060 | ₹10,12,860 |
Jyoti CNC Automation Limited IPO Reservation
Jyoti CNC Automation Limited IPO reservation details show category-wise allocation of shares. Out of the total 30,218,650 shares, approximately 29.84% are reserved for QIB, 14.92% for NII, 9.95% for retail investors, 0.52% for employees, and 44.76% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 13,527,190 (44.76%) | |
| QIB Shares Offered | 9,018,127 (29.84%) | |
| NII (HNI) Shares Offered | 4,509,064 (14.92%) | |
| bHNI > ₹10L | 3,006,042 (9.95%) | 4,771 |
| sHNI < ₹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%) | |
| Total Shares Offered | 30,218,650 (100%) |
Jyoti CNC Automation Limited IPO Analytics
Jyoti CNC Automation Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Jyoti CNC Automation Limited IPO Subscription Status
Jyoti CNC Automation Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 9,018,127 |
4,509,064
3,006,042
1,503,021
|
3,006,042 | 16,533,233 |
|
Day 1
09-01-24 05:00 PM
|
0.02 x |
3.63x
2.99x
4.92x
|
8.28 x | 2.52 x |
|
Day 2
10-01-24 05:00 PM
|
0.22 x |
6.49x
5.88x
7.70x
|
11.08 x | 3.92 x |
|
Day 3
11-01-24 05:00 PM
|
44.13 x |
36.48x
40.70x
28.04x
|
26.17 x | 38.53 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 16,13,063 (Approx) | 24.15 | ||
Jyoti CNC Automation Limited Valuations
Earnings
- EPS Pre IPO
- ₹0.76/-
- EPS Post IPO
- ₹0.29/-
- P/E Pre IPO
- 433.43
- P/E Post IPO
- 1122.83
Returns
- ROE
- 18.35%
- ROCE
- 9.50%
- RoNW
- 18.35%
Fundamentals
- Debt / Equity
- 10.17
- Price / Book
- 59.43
Jyoti CNC Automation Limited Financials( In Crs.)
| 30-Sep-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 | 952.60 | 750.06 | 590.09 |
| Profit After Tax | 3.35 | 15.06 | -48.30 | -70.03 |
| Net Worth | 205.63 | 36.23 | -29.68 | 18.67 |
| Reserves & Surplus | 213.33 | 49.14 | 11.67 | 83.11 |
| Total Borrowing | 821.40 | 834.97 | 792.16 | 725.12 |
Jyoti CNC Automation Limited Company & Offer Insights
About Jyoti CNC Automation Limited
Jyoti CNC Automation Limited is a manufacturer and supplier of CNC machines, incorporated in January 1991. 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 customer base of the company 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 offers CNC machines with an impressive number of 200 varieties in 44 series. More than 7,200 CNC machines were sold to more than 3,000 customers throughout the last three financial years itself across the Indian and Europe geographies along with North America, a few parts of Asia. Post April 1, 2004, it has been offering over 30,000 CNC machines around the globe.The company distributes its products worldwide through Huron's established dealer network, besides having 29 sales and service centers in Romania, France, Poland, Belgium, Italy, and UK.The company has three manufacturing facilities, out of which two are located in Rajkot, Gujrat, and one in Strasbourg, France. It has all the capabilities required to design, develop, and manufacture the whole product line there.
As of June 30, 2023, company had a production capacity of 4,400 machines per annum in India and 121 machines per annum in France.The order backlog stood at ₹ 31,430.56 million for the Company as of June 30, 2023. An electronic manufacturing services company has ordered ₹ 2,602.50 million worth of machines from the Company.
The employee strength stood at 2,573 as of June 30, 2023.
Jyoti CNC Automation Limited Promoter(s)
Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, Jyoti International LLP are the company's promoters of Jyoti CNC Automation Limited.
Jyoti CNC Automation Limited IPO Issue Objectives
- •
- Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company
- •
- Funding long-term working capital requirements of the company
- •
- General corporate purposes.
Jyoti CNC Automation Limited IPO - Anchor Investors
Jyoti CNC Automation IPO: Investors pick Rs 448 crore shares via anchor book.
Marquee names like Goldman Sachs, Nomura Funds, Natixis International Funds, Neuberger Berman Emerging Markets Equity Fund, Optimix Wholesale Global, The Master Trust Bank of Japan, Prudential Hong Kong, Carmignac Portfolio, Allianz Global Investors Fund, and Eastspring Investments India Fund invested in the Rajkot-based company.
Domestic institutional investors ICICI Prudential Mutual Fund, Nippon Life India, Kotak Mahindra Trustee, Axis Mutual Fund, Manulife Global Fund, Canara Robeco Mutual Fund, Invesco Mutual Fund, Bandhan Mutual Fund, Edelweiss Trusteeship, HDFC Life Insurance Company, and Bajaj Allianz Life Insurance Company also participated in the counter.
Jyoti CNC Automation Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Jyoti CNC Automation Limited | 1.02 | 1.02 | 5.57 | N/A | 18.35 | N/A | Consolidated |
| Elgi Equipments Limited | 11.72 | 11.71 | 43.27 | 44.3 | 27.04 | N/A | Consolidated |
| Lakshmi Machine Works Limited | 359.47 | 359.47 | 2189.04 | 37.69 | 16.42 | N/A | Consolidated |
| Triveni Turbine Limited | 5.97 | 5.97 | 23.92 | 67.76 | 25.32 | N/A | Consolidated |
| TD Power Systems Limited | 6.23 | 6.22 | 38.74 | 46.66 | 16.01 | N/A | Consolidated |
| Macpower CNC Machines Ltd | 12.89 | 12.89 | 96.61 | 51.31 | 13.34 | N/A | Consolidated |
Notes:
- Basic EPS and Diluted EPS refer to the Basic EPS and Diluted EPS sourced from the financial statements of the respective company.
- P/E Ratio has been computed based on the closing market price of equity shares on BSE on August 28, 2023 divided by the Diluted EPS provided.
- Return on net worth (RoNW) is computed as profit for the year attributable to common shareholders of the parent divided by net worth (excluding non-controlling interest) as of March 31, 2023.
- NAV per equity share has been computed as the net worth attributable to common shareholders (excluding non-controlling interest) divided by the total number of shares outstanding as of March 31, 2023.
Contact Information
Contact Details
Jyoti CNC Automation Limited
+91-2827–235182
G - 506, Lodhika GIDC Village Metoda
Registrar Contact Details
Link Intime India Private Ltd
+91-22-4918 6270
Frequently Asked Questions
Click any question to reveal the answer
Jyoti CNC Automation Limited IPO is a book-built IPO worth ₹1000 crore. The price band is ₹315–₹331 per share. The IPO opens on Jan 9, 2024 and closes on Jan 11, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Jyoti CNC Automation Limited IPO is ₹315 to ₹331 per share.
The lot size of Jyoti CNC Automation Limited IPO is 45 shares.
The minimum investment for Jyoti CNC Automation Limited IPO is approximately ₹14,895 based on the upper price band .
Jyoti CNC Automation Limited IPO opens on Jan 9, 2024 and closes on Jan 11, 2024.
The allotment date of Jyoti CNC Automation Limited IPO is Jan 12, 2024.
Jyoti CNC Automation Limited IPO is expected to be listed on Jan 16, 2024, on BSE and NSE .
Jyoti CNC Automation Limited IPO listed on Jan 16, 2024. It was issued at ₹370.0(NSE) and is currently around ₹718.00 as on 14-May-2026 3:30 PM, which is approximately 116.9% versus issue price. The 52-week high is ₹1,330.00.
Based on listing and post-listing performance, Jyoti CNC Automation Limited IPO delivered around 116.9% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Jyoti CNC Automation Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Jyoti CNC Automation Limited IPO valuation snapshot: P/E 1122.83, EPS ₹0.29/-, P/B 59.43, RoNW 18.35%, and market cap N/A.
To apply for Jyoti CNC Automation Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Jyoti CNC Automation Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Jyoti CNC Automation Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Jyoti CNC Automation Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Jyoti CNC Automation Limited IPO allotment status on IPO Ji for quick and easy access.