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Jyoti CNC Automation Limited IPO Review & Recommendations

 

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Jyoti CNC Automation Limited IPO

January 09, 2024 - January 11, 2024 Closed

Jyoti CNC Automation Limited IPO Review

jyoti cnc automation limited ipo was engaged in world’s leading manufacturers of metal cutting computer numerical control (CNC) machines with the third largest market share in India accounting They're a major player in the CNC machine world, holding the third-largest slice of the Indian market at around 10% in Fiscal 2023. Globally, they’re ranked twelfth with a 0.4% market share in the year 2022. Specializing in simultaneous 5-Axis CNC machines in India, they offer a wide range, from CNC Turning Centers to CNC Vertical and Horizontal Machining Centers.

jyoti cnc automation ltd operations are all-inclusive, covering everything from start to finish. This approach is crucial in Their ability to offer cutting-edge and personalized solutions. they have attracted clients like Space Applications Centre – ISRO, BrahMos Aerospace Thiruvananthapuram Limited, Turkish Aerospace, Unipart’s India Limited, AVTEC Limited, Tata Advanced System Limited, Tata Sikorsky Aerospace Limited, Bharat Forge Limited, C.R.I. Pumps Private Limited, Kalyani Techno forge Limited, Shakti Pumps (India) Limited, Shreeram Aerospace & Defense LLP, Rolex Rings Limited, and Orbit Bearings India Private Limited.

Jyoti CNC Automation Limited Products and Services

Jyoti CNC Automation Limited Products and Services are CNC Turning/Turn Mill Centers, CNC vertical Machinery Centers, CNC Horizontal Machinery Centers, CNC 5 Axis Machining Centers, CNC Multi-Tasking Machines. They have got cutting-edge solutions to ease the transition to 'Industry 4.0,' highlighted by their top-notch package called '7th Sense.' This package is all about automating complex diagnostic and analytical tasks, making it a breeze to manage the productivity, health, and tool life of CNC machines. The global CNC machines market is on the rise, expected to grow at a rate of 10.3% from 2023 to 2027. This growth is fueled by the expansion of manufacturing industries, driven by trends like industrial automation and the integration of computer-aided manufacturing.

Their Competitive Strengths are One of the leading CNC machine manufacturing companies globally as well as in India, well diversified global customer base spread across end-user industries, focus on technology and ability to the deliver innovative solutions bolstered by dedicated R&D facilities. jyoti c n c automation ltd Strategies are Focus on improving their market share and taking advantage of the growing industry demand, expand their presence across other end-user industries and diversify their customer base and geographical reach, continuously augmenting their capacity in line with their expected business growth, Improving their financial risk profile.

Financial Overview

jyoti cnc automation private limited consider the company's earnings for the financial year 2024 in relation to the post-IPO fully paid-up equity capital, the stock's asking price comes with a high P/E ratio of 1103.33. Looking at the earnings from the financial year 2023, the P/E ratio is still steep at 501.52. In simple terms, this means the current stock offering is quite expensive, not considering the positive developments in the short term. After facing challenges in the financial years 2021 and 2022, Their company has bounced back strong. Currently, they have an order book worth Rs. 3315+ crores. However, looking at their earnings from the financial year 2023, the stock is priced at a high P/E of 501.52. It's a suitable investment for well-informed investors with extra cash for the long term. Investors may think to apply for this IPO after doing the research.


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.
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