₹ 14895 / 45 shares
Issue Date
09 Jan - 11 Jan'24
Investment/lot
₹ 14895
Price Range
315 - 331
Lot Size
45
IPO Size
₹ 1000.24 Cr
Listing On
16 Jan'24
Issue Price
331
Listed Price
₹ 370
Retail Gain/Listing Gain
▲11.78%
Jyoti CNC Automation Limited is one of the world’s leading manufacturers of metal-cutting computer numerical control (CNC) machines, with the third largest market share in India, accounting for approximately 10% in India in FY23. The company also holds the twelfth largest market share globally, accounting for 0.4% in CY22 (Source: F&S Report).
The company manufactures simultaneous 5-Axis CNC machines in India (Source: F&S Report) and supplies customised solutions to customers across industries such as aerospace and defence, auto and auto components, general engineering, EMS, dies and moulds, among others.
Let's take a look at the competitive strengths and risk factors for Jyoti CNC Automation Limited:
One of the leading CNC machine manufacturers globally and in India
Well-diversified global customer base spread across end-user industries
Vertically integrated operations to enable customisation and production efficiencies
Here are the key financials for Jyoti CNC Automation Limited:
Particulars (in Rs. Millions)
Particulars (in Rs. Millions)
How to apply for IPO through ASBA
Kotak Securities
•00m 59 s
Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO.
Here are the steps to apply for Jyoti CNC Automation Ltd:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
Jyoti CNC Automation IPO will list on 2024-01-16.
1000.24 is the issue size of Jyoti CNC Automation IPO.
The minimum lot size is 45 shares and the investment required is ₹14895.
The price band of Jyoti CNC Automation IPO is ₹315 to ₹331.
You can read more about Jyoti CNC Automation and its IPO from the company’s red herring prospectus (RHP) here.
The Jyoti CNC Automation Limited IPO has an issue size of Rs. 1,000 crores. The IPO opens for subscription on 9th January 2024 and closes on 11th January 2024.
Link Intime India Private Limited is the registrar for this IPO.
You may read more about Jyoti CNC Automation Limited and its IPO from the company’s red herring prospectus (RHP) here:
Jyoti CNC Automation IPO will be allotted on 12th January 2024.
Jyoti CNC Automation will list on 16th January 2024.
448 Crore is the issue size of Jyoti CNC Automation IPO.
The minimum lot size is 45 shares and the investment required is ₹14,895.
The price band of Jyoti CNC Automation IPO is ₹315 to ₹331.
Equirus Capital Private Limited, ICICI Securities Limited, and SBI Capital Markets Limited are the book runners for Jyoti CNC Automation IPO.
Link Intime India Private Limited is the registrar for this IPO.
You can read more about Jyoti CNC Automation Ltd and its IPO from the company’s red herring prospectus (RHP) here.