Jyoti CNC Automation IPO

Jyoti CNC Automation IPO Review, Date, Price, GMP

Jyoti CNC Automation stands as a CNC machine manufacturer, on the stage holding the second largest market share in India and ranking twelfth worldwide as of Fiscal 2022. Their wide range of products includes CNC Turning Centers, CNC Vertical and Horizontal Machining Centers 3 3-axis and 5-axis CNC Machining Centers well as versatile multi-tasking machines. Serving industries like aerospace, defense, auto components, general engineering, EMS dies, and molds Jyoti CNC Automation caters, to a variety of needs.

With, more than twenty years of expertise and strong research and development capabilities Jyoti CNC Automation offers tailor-made solutions to its clients. Their leading solution, known as ‘7th Sense’ is designed to adapt to the Industry 4.0 revolution by providing automated analytical features, for optimizing CNC machine performance maintaining its health, and prolonging tool lifespan. 

Jyoti CNC Automation’s comprehensive operations are vital, in providing cutting-edge solutions. The company has established a global client base, including organizations such as Space Applications Centre – ISRO, BrahMos Aerospace, Turkish Aerospace, and more. With a track record as the brand for metal cutting for five consecutive years Jyoti CNC Automation has successfully delivered, over 30,000 CNC machines worldwide since April 1, 2004.

Jyoti CNC Automation has specialized research and development centers located in Rajkot, Gujarat, and Strasbourg, France. These centers are staffed by a team of 129 employees who play a role in customizing and improving their products. The manufacturing facilities of the company hold ISO certifications. Have the capacity to produce 4,400 machines annually in India and 121 machines annually, in France. By adopting an integrated approach Jyoti CNC Automation promotes collaboration among teams resulting in reduced delivery times and efficient, after-sales support.

Parakramsinh Ghanshyamsinh Jadeja, who serves as the Chairman and Managing Director is highly acknowledged for his skills. He remains dedicated, to propelling the progress of Jyoti CNC Automation. The leadership team, with a tenure of more than 16 years oversees multiple areas such, as business development, strategy formulation, and operational management. As of June 30, 2023, Jyoti CNC Automation had a workforce of 2,573 employees.

The company’s plan, for growth involves working on improving operations. They have taken steps such, as introducing a cupola furnace and setting up a sand processing unit to make their foundry operations more efficient and cost-effective.

Jyoti CNC Automation IPO Complete Details:

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Jyoti CNC Automation IPO Timetable:

Jyoti CNC Automation IPO Date

Company Financial Details:

Jyoti CNC Automation Financials

AS OF NOW, the GMP OF Jyoti CNC Automation is Around 105 Rs.

Objects Of Issue:

1. The repayment and/or prepayment, in full or in part, of certain borrowings availed by the company;

2. Funding the company’s long-term working capital requirements;

3. Addressing general corporate purposes.

Promoters:

Parakramsinh Ghanshyamsinh Jadeja:

– Age: 54

– Position: Chairman and Managing Director

– Education: Undergraduate

Sahdevsinh Lalubha Jadeja:

– Age: 58

– Position: Whole-Time Director

– Education: Undergraduate

Vikramsinh Raghuvirsinh Rana:

– Age: 54

– Position: Whole-Time Director

– Education: Undergraduate

FAQs:

When Jyoti CNC Automation IPO is Opening?

Jyoti CNC Automation IPO is Opening on 09 January 2024.

When is the Jyoti CNC Automation IPO Closing?

Jyoti CNC Automation IPO is Closing on 11 January 2024.

What is the Issue Size of the Jyoti CNC Automation IPO?

The IPO Issue Size of Jyoti CNC Automation is 1000 Crore.

Price Band of Jyoti CNC Automation IPO?

The price Band of Jyoti CNC Automation IPO is 315 to 331 rupees per share.

What is the minimum investment for Jyoti CNC Automation IPO?

The minimum investment for the Jyoti CNC Automation IPO is 14,895 Rupees.

Allotment Date of Jyoti CNC Automation IPO?

The Allotment of Jyoti CNC Automation IPO is on 12 January 2024.

Listing Date of Jyoti CNC Automation IPO?

The Listing Of Jyoti CNC Automation is Scheduled on 16 January 2024.

One Should Apply for Jyoti CNC Automation IPO or Not?

will update soon

How to apply for Jyoti CNC Automation IPO through the Zerodha Application?

Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Jyoti CNC Automation IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Jyoti CNC Automation IPO through the Upstox Application?

Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Jyoti CNC Automation IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.

How to apply for Jyoti CNC Automation IPO through Angel One Application?

Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Jyoti CNC Automation IPO from the list ——–> Click on Jyoti CNC Automation IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.

Who is the Lead Manager of the Jyoti CNC Automation?

Equirus Capital Private Limited, ICICI Securities Limited, and SBI Capital Markets Limited are the Lead Managers of Jyoti CNC Automation.

Where To Check the Allotment of Jyoti CNC Automation IPO?

The allotment status for the Jyoti CNC Automation IPO will be accessible on the Link Intime India Private Limited Website.

Jyoti CNC Automation IPO is going to be listed at?

Jyoti CNC Automation IPO is going to be listed at NSE BSE.

What is the Lot Size of the Jyoti CNC Automation IPO?

The lot size of the Jyoti CNC Automation IPO is 45 Shares.

What is the P/E Ratio of the Jyoti CNC Automation IPO?

The P/E Ratio of the Jyoti CNC Automation is 324.5.

What is the ROE of the Jyoti CNC Automation IPO?

The ROE of the Jyoti CNC Automation IPO is 18.35%.

What is the ROCE of the Jyoti CNC Automation IPO?

The ROCE of the Jyoti CNC Automation IPO is 9.50%.

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