STOCK BROKER REVIEW | INVESTING | UPCOMING IPO | ALGO TRADING | TECHNICAL ANALYSIS

Jyoti CNC Automation Limited IPO Date, Price, Review and Details

 

Get Real-Time Updates on stock market trends and news

Get updates on stock market, Stock related news, Algo Trading, learn profitable strategies.

Join WhatsApp Channel

Jyoti CNC Automation Limited IPO

January 09, 2024 - January 11, 2024 Closed

Jyoti CNC Automation Limited IPO

Jyoti CNC Automation Limited IPO was engaged in They're a top-tier global CNC machine manufacturer, holding the second-largest market share in India and the twelfth largest worldwide. In the fiscal year 2022, they ranked as the second-largest CNC machine manufacturer in India, contributing to about 8% of the market share. Specializing in simultaneous 5-Axis CNC machines, they are a key player in the industry and offer a diverse range of CNC machines, including CNC Turning Centers, making us a leading choice in India. Their skill in providing accurate and versatile products is supported by their special research and development (R&D) center in Rajkot, Gujarat (R&D Centre), and their R&D team in Strasbourg, France. Research and development play a crucial role in their capability to create personalized products for their customers.  

Company Promoters:

·  Parakramsinh Ghanshyamsinh Jadeja
·  Sahdevsinh Lalubha Jadeja
·  Vikramsinh Raghuvirsinh Rana
·  Jyoti International Llp

Objects of this Issue:

·  Repayment and/ or pre-payment, in full or part, of certain borrowings availed by their Company.
·  Funding long-term working capital requirements of their Company
·  General corporate purposes.

Financial Information of the Company:

 

Amount in Million (Rs.)

As on 31 Mar 2023

As on 31 Mar 2022

As on 31 Mar 2021

Total Assets

15,153.81

12,862.35

13,881.92

Total Liabilities

14,333.18

12,450.81

12,756.06

Net Profit

150.60

(417.50)

(715.73)

Jyoti CNC Automation Limited IPO Schedule

1.     Bid or Offer Opens on: 09 January 2024
2.     Bid or Offer Closes on: 11 January 2024
3.     Finalization of BoA: 12 January 2024
4.     Initiation of Refunds: 15 January 2024
5.     Credit of share to Demat account: 15 January 2024
6.     Listing Date: 16 January 2024

Jyoti CNC Automation Limited IPO Lot Size

Market lot size of the JYOTI CNC AUTOMATION LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Application

Lots

Shares

Amount

Retail

Minimum

1

45

₹14,895

Maximum

13

585

₹193,635

S-HNI

Minimum

14

630

₹208,530

S-HNI

Maximum

67

3,015

₹997,965

B-HNI

Minimum

68

3,060

₹1,012,860

Company Contact Details:

Jyoti CNC Automation Limited IPO

G - 506, Lodhika GIDC, Village
Metoda, Rajkot – 360 021, Gujarat,
India
Phone:  +91 172 4194500
Email:   + 91-2827 – 235182
Website:  www.jyoti.co.in

 

Jyoti CNC Automation Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli West, Mumbai 400 083
Phone:  +91 810 811 4949
Email:  jyoticnc.ipo@linkintime.co.in
Website:  www.linkintime.co.in

 


Frequently Asked Question

Market lot size of the Jyoti CNC Automation Limited IPO is 45 shares.
Pre-issue shareholdings of Jyoti CNC Automation Limited IPO promoters are 72.66%
If you do not get the allotment of Jyoti CNC Automation Limited IPO shares, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
Price of 1 share of Jyoti CNC Automation Limited IPO is ₹315 to ₹331.
Face value of equity shares of Jyoti CNC Automation Limited IPO is ₹2.
Jyoti CNC Automation Limited IPO is going to open on 09 January 2024.
IPO investments carry risks such as market volatility, uncertainties about the company's future performance, and the potential for stock prices to fluctuate.
Jyoti CNC Automation Limited IPO shares will get listed at NSE, BSE.
The meaning of "Jyoti CNC Automation Limited IPO GMP " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Jyoti CNC Automation Limited IPO on the current day.
The IPO price is usually determined through a combination of company valuation, market conditions, and discussions between the company and its underwriters.
Post-issue shareholdings of Jyoti CNC Automation Limited IPO promoters are 62.6%.
Link Intime India Private Ltd the registrar of Jyoti CNC Automation Limited IPO.
Jyoti CNC Automation Limited IPO will be closed on 11 January 2024.
You can apply for an IPO from any place via the internet as it is an online process. You can apply for an IPO using 2 methods i.e., ASBA and UPI. ASBA facility is provided by your bank and UPI method is offered by your stockbroker. You can invest in Jyoti CNC Automation Limited IPO by using any one of these methods at your convenience.
Jyoti CNC Automation Limited IPO will get listed on January 16, 2023.
You will receive the allotted shares in your Demat account on January 12, 2023.
Comments for Jyoti CNC Automation Limited IPO Date, Price, Review and Details

0 comments