Jyoti CNC Automation IPO Details | GMP, Date, Price, Review

Jyoti CNC Automation IPO Details ( Jyoti CNC Automation Limited IPO Review )

(9 Jan 2024 – 11 Jan 2024)

Jyoti CNC Automation Limited, founded in January 1991, is a company from India that makes and sells CNC machines. They create various types of machines like CNC turning centers, milling centers, vertical and horizontal machining centers, 3-axis and 5-axis CNC machining centers, and multi-tasking machines.

Their customers include 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 more.

Jyoti CNC offers a wide range of CNC machines with 200 types in 44 series. In the past three years, they have supplied over 7,200 machines to more than 3,000 customers worldwide, reaching places like India, Europe, North America, and some parts of Asia. Since April 1, 2004, they have delivered over 30,000 CNC machines globally.

To reach customers, they use Huron’s dealer network and have 29 sales and service centers in Romania, France, Poland, Belgium, Italy, and the UK.

The company operates from three manufacturing facilities, two in Rajkot, Gujarat, India, and one in Strasbourg, France. This French facility can design, develop, and manufacture their entire product line.

As of June 30, 2023, the company’s production capacity was 4,400 machines per year in India and 121 machines per year in France.

Their order backlog as of June 30, 2023, was ₹31,430.56 million, which includes a ₹2,602.50 million order from an electronic manufacturing services (EMS) company.

As of June 30, 2023, Jyoti CNC had a total of 2,573 employees.

Jyoti CNC Automation Limited Company Product

• CNC Turning Centers and CNC Turn Mill Center
• CNC Vertical Machining Center
• CNC Horizontal Machine Center
• CNC Simultaneous 5-Axis Machining Centers
• CNC Multitasking Machines

Jyoti CNC Automation Limited IPO Competitive Strength

• One of the leading CNC machine manufacturing companies globally as well as in India with presence across the CNC metal cutting machinery value chain
• Well diversified global customer base spread across end-user industries
• Focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities
• Vertically integrated operations which enables customization and production efficiencies
• Experienced Promoters supported by a strong management and execution team

Jyoti CNC Automation IPO Financials Performance ( Results )

Jyoti CNC Automation Limited Financial Information (Restated)

All Amount in ₹ Crores

Period Ended	Total Assets	Total Revenue	PAT	EPS (₹)	Net Worth	NAV (₹)	Reserves	Borrowing
31-Mar-21	1,388.19	590.09	-70.03	-4.75	18.67	7.64	83.11	725.12
31-Mar-22	1,286.24	750.06	-48.30	-3.28	-29.68	2.79	11.67	792.16
31-Mar-23	1,515.38	952.60	15.06	1.02	36.23	5.57	49.14	834.97
30-Sep-23	1,706.07	510.53	3.35	0.19	205.63	14.62	213.33	821.40

Objective of Jyoti CNC Automation IPO Issue

• 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; and
• General corporate purposes.

Jyoti CNC Automation IPO Basic Details

IPO Date	Jan 9, 2024 to Jan 11, 2024
Listing Date	Tuesday, January , 2024
Face Value	₹2 per share
Price	₹315 to ₹331 per share
Lot Size	45 Shares
Issue Size	30,211,480 shares of ₹2 (aggregating up to ₹1,000.00 Cr)
Fresh Issue	30,211,480 shares of ₹2 (aggregating up to ₹1,000.00 Cr)
Issue Type	Book Built Issue IPO
Employee Discount	Rs 15 per share
Listing At	NSE, BSE
Share holding pre issue	197,204,447
Share holding post issue	227,415,927
Company Promoters	Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP

Jyoti CNC Automation IPO Reservation

QIB Shares Offered	75% of the Net Issue
NII (HNI) Shares Offered	15% of the Net Issue
Retail Shares Offered	10% of the Net Issue

Jyoti CNC IPO Timetable

Jyoti CNC IPO will open on January 9, 2024 and close on January 11, 2024. You can join Jyoti CNC IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	9 January 2024 (Tuesday)
Closing Date	11 January 2024 (Thursday)
Basis of Allotment	12 January 2024 (Friday)
Initiation of Refunds	15 January 2024 (Monday)
Credit of Shares to Demat	15 January 2024 (Monday)
Listing Date	16 January 2024 (Tuesday)
Deadline for UPI mandate confirmation	5 PM on 11 January 2024

Jyoti IPO Lot Size

For retail investors in Jyoti IPO, 45 shares will come in 1 lot or the minimum investment will be ₹14,895. Retail-individual investors can apply for up to 13 lots or the maximum investment will be ₹193,635.

Application	Lots	Shares	Amount
Retail (Min)	1	45	₹14,895
Retail (Max)	13	585	₹193,635
S-HNI (Min)	14	630	₹208,530
S-HNI (Max)	67	3,015	₹997,965
B-HNI (Min)	68	3,060	₹1,012,860

Jyoti CNC Automation IPO Promoter Holding

The company’s promoters include Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP.

Pre Issue Share Holding	72.66%
Post Issue Share Holding

Jyoti CNC Automation Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)
Earning Per Share (EPS)	₹1.02 per Equity Share
Net Asset Value (NAV)	₹5.57 per Equity Share
Post P/E Ratio (P/E) (x)	324.5
Return on Net Worth (RoNW) (%)	18.35
Return on equity (ROE) (%)	18.35
Return on Capital Employed (ROCE) (%)	9.50
Debt/Equity Ratio	10.17

Jyoti CNC Automation Ltd Peer Comparison

Company Name	Consolidated/ Standalone	Face Value	EPS (₹)	P/E Ratio	RoNW (%)	NAV (₹)
Jyoti CNC Automation Limited	Consolidated	2	1.02	324.5	18.35	5.57
Peer Group
Elgi Equipments Limited	Consolidated	1	11.71	44.30	27.04	43.27
Lakshmi Machine Works Limited	Consolidated	10	359.47	37.69	16.42	2,189.04
Triveni Turbine Limited	Consolidated	1	5.97	67.76	25.32	23.92
TD Power Systems Limited	Consolidated	2	6.22	46.66	16.01	38.74
Macpower CNC Machines Ltd	Standalone	10	12.89	51.31	13.34	96.61

Jyoti CNC Automation IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹38	–	–
15 January 2024	₹38	–	–
14 January 2024	₹40	–	–
13 January 2024	₹48	–	–
12 January 2024	₹57	–	–
11 January 2024	₹57	–	–
10 January 2024	₹55	–	–
9 January 2024	₹48	–	–
8 January 2024	₹78	–	–
7 January 2024	₹100	–	–

Jyoti CNC Automation IPO Detail Video:

Jyoti CNC Automation IPO Subscription Status (Bidding Detail)

The Jyoti CNC Automation IPO on January 11, 2024 at 7:30:00 PM was subscribed 40.49 times, with the retail category being subscribed 27.50 times, the NII (Non-Institutional Investor) category being subscribed 38.33 times, QIB (Qualified-Institutional Buyers) category being subscribed 46.37 times and the Employee category being subscribed 13.14 times.

Category	Subscription
QIB	46.37x
NII	38.33x
Retail	27.50x
Employee	13.14x
Total	40.49x

Jyoti CNC Automation IPO Prospectus

Jyoti CNC Automation IPO DRHP	Download
Jyoti CNC Automation IPO RHP	Download
Jyoti CNC Automation IPO Anchor Investors Details PDF	Download

Jyoti CNC Automation IPO Rating

Our Rating

2.5/5.0

Jyoti CNC Automation Company Contact Information

Jyoti CNC Automation Limited

Registered and Corporate Office: G – 506, Lodhika GIDC, Village Metoda, Rajkot – 360 021, Gujarat, India;
Contact Person: Maulik B Gandhi, Company Secretary and Compliance Officer;
Tel: + 91-2827235182
E-mail: investors@jyoti.co.in
Website: www.jyoti.co.in;
Corporate Identification Number: U29221GJ1991PLC014914
Our Promoters: Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP

Jyoti CNC Automation IPO Registrar

Link Intime India Private Limited

Registered Office: C 101, 1st Floor, 247 Park, L.B.S. Marg, Vikhroli West, Mumbai 400 083.
Tel: +91 810 811 4949
E-mail: jyoticnc.ipo@linkintime.co.in
Website: www.linkintime.co.in
Investor grievance e-mail: jyoticnc.ipo@linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration Number: INR000004058

Jyoti CNC Automation IPO Lead Manager

Equirus Capital Private Limited

Registered Office: 12th Floor, C Wing, Marathon, Futurex, N M Joshi Marg Lower Parel, Mumbai – 400 013, Maharashtra, India.
Tel: +91 22 4332 0734
E-mail: jyoti.ipo@equirus.com
Website: www.equirus.com
Investor grievance e-mail: investorsgrievance@equirus.com
Contact person: Ankesh Jain / Mrunal Jadhav
SEBI Registration Number: INM000011286

ICICI Securities Limited

Registered Office: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400025,
Maharashtra, India
Tel.: + 91 22 6807 7100
E-mail: jyoticncipo@icicisecurities.com
Website: www.icicisecurities.com
Investor Grievance email: customercare@icicisecurities.com
Contact Person: Ashik Joisar / Harsh Thakkar
SEBI Registration No.: INM000011179

SBI Capital Markets Limited

Registered Office: 1501, 15th Floor, A & B Wing, Parinee Crescenzo
Building, G Block, Bandra Kurla Complex, Bandra (E), Mumbai 400 051
Tel: +91 22 4006 9807
E-mail: jyoticnc.ipo@sbicaps.com
Website: www.sbicaps.com
Investor grievance email: investor.relations@sbicaps.com
Contact Person: Janardhan Wagle / Krithika Shetty
SEBI Registration Number: INM000003531

Jyoti CNC Automation IPO FAQs