Jyoti CNC Automation Limited IPO

Jyoti CNC Automation Limited

Jyoti CNC Automation Limited Incorporated in January 1991, Company is a manufacturer and supplier of CNC machines. The company is based in India and specializes in manufacturing and supplying CNC machines.

The product range includes CNC turning canters, CNC turning-milling canters, CNC vertical machining canters (VMCs), CNC horizontal machining canters (HMCs), simultaneous 3-axis CNC machining canters, simultaneous 5-axis CNC machining canters and multi-tasking machines.

The company’s customer base includes 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 others.

The company has a wide range of CNC machines with 200 types in 44 series. In the last three financial years, over 7,200 machines have been supplied to more than 3,000 customers worldwide, including India, Europe, North America and a few parts of Asia. Since April 1, 2004, Jyoti CNC has delivered over 30,000 CNC machines worldwide.

The company distributes its products worldwide through Huron’s established dealer network and also has 29 sales and service centres in Romania, France, Poland, Belgium, Italy and the UK.

The company has three manufacturing facilities, two of which are located in Rajkot, Gujrat, and another in Strasbourg, France, which has the necessary capabilities to design, develop and manufacture the entire product line.

Jyoti CNC Automation Limited is a privately held company that manufactures and supplies computer numerical control (CNC) machines. The company was incorporated in January 1991 and is based in India. Jyoti CNC Automation is India’s largest CNC machine tool manufacturer, with a subsidiary in Strasbourg, France.

Jyoti CNC Automation Limited IPO Timetable

ParticularDate
IPO Open Date09 Jan 2024
IPO Close Date11 Jan 2024
Allotment Date12 Jan 2024
IPO Listing Date16 Jan 2024

Jyoti CNC Automation Limited IPO Details

Issue TypeBook Built Issue IPO
Face ValueRs. 2 Per Equity Share
IPO PriceRs. 315 to Rs. 331 Per Equity Share
Market Lot45 Share
ISIN Code
Listing AtNSE & BSE
Issue SizeApprox. Rs. 1000 Crore.

Jyoti CNC Automation Limited IPO Lot Size

ApplicationLotsSharesAmount
Minimum145Rs. 14895
Maximum13585Rs. 193635
Small HNI (Minimum)14630Rs. 208530
Big HNI (Minimum)683060Rs. 1012860

Jyoti CNC Automation Limited IPO Allotment Status

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Company Financials:

Particular31 March 202331 March 202231 March 2021
Total Assets1515.381286.241388.19
Total Revenue952.60750.06590.09
Profit After Tax15.06-48.30-70.03
for accurate figures follow the company financials.

Company Promoters:

The promoters of the company are Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana, and Jyoti International LLP.

Purpose of the 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.

Registrar & Company Details

Company Contact InformationIPO Registrar
Jyoti CNC Automation Limited
G – 506, Lodhika GIDC
Village Metoda,
Rajkot – 360 021,
Phone: + 91-2827–235182
Email: investors@jyoti.co.in
Website: https://jyoti.co.in/
Link Intime India Private Ltd



Phone: +91-22-4918 6270
Email: jyoticnc.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html

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