Jyoti CNC Automation IPO Date, Review, Price, Allotment Details

Jyoti CNC Automation IPO Details: Jyoti CNC Automation IPO date is fixed, the IPO is to hit the market on January 9 and will close on January 11. Jyoti CNC Automation IPO to raise around ₹1000 crores via IPO that comprises fresh issue of ₹1000 crores and offer for sale up to [.] equity shares of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.
Jyoti CNC Automation IPO

Table of Contents


Jyoti CNC Automation is one of the world’s leading manufacturers of CNC machines with the second and twelfth largest market share, in India and globally, respectively. In Fiscal 2022, they were the second largest CNC machine manufacturer in India and accounted for approximately 8% of the market share. They are a prominent manufacturer of simultaneous 5-Axis CNC machines in India and are a supplier of one of the most diverse portfolios of CNC machines in India (Source: F&S Report) including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. They rely on their expertise built over 2 decades of presence and strong R& D capabilities to deliver customized solutions to their customers across a diverse set of industries including aerospace and defense, auto and auto components, general engineering, EMS, dies and molds, and others.


They offer solutions suited for transitioning towards ‘Industry 4.0’, including their flagship multifunctional solutions package viz. ‘7th Sense’ – which is geared towards automating sophisticated diagnostic and analytical functions enabling seamless management of productivity, health, and tool life of the CNC machine. The CNC machines market is expected to grow globally at a CAGR of 9.9% during CY 2023-2027. This growth is expected to be propelled by growth in the manufacturing industries due to factors such as industrial automation, and integration of computer-aided manufacturing. The surge in demand for high-precision machinery from various industries including aerospace, defense, and medical sector is expected to result in the increased demand for the machining centers market.

Jyoti CNC Automation has vertically integrated operations which they consider essential to their ability to provide technologically relevant and customized solutions that have helped us garner customers such as Space Applications Centre – ISRO, BrahMos Aerospace Thiruvananthapuram Limited, Turkish Aerospace, Uniparts India Limited, AVTEC Limited, Tata Advances System Limited, Tata Sikorsky Aerospace Limited, Bharat Forge Limited, C.R.I. Pumps Private Limited, Kalyani Technoforge Limited, Shakti Pumps (India) Limited, Shreeram Aerospace & Defence LLP, Rolex Rings Limited, Orbit Bearings India Private Limited, Omnitech Engineering Private Limited, Harsha Engineers International Limited, Bosch Limited, HAWE Hydraulics Private Limited, Festo India Private Limited, Elgi Rubber Company Limited, National Fittings Limited, and Aequs Private Limited. They offer over 200 variants across 44 series and during the last 3 Fiscals, our Company has supplied over 7,200 CNC machines to more than 3,000 customers in India and across Asia (excluding India), Europe, North America, and the rest of the world.


Objects 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.
  • General corporate purposes.

Jyoti CNC Automation IPO Review (Apply or Not)

  • May Apply

Brokerage Firm IPO Review

  • Marwadi Shares: Apply
  • Reliance Securities: Apply
  • SMC Global: Neutral
  • Swastika Investmart: Neutral
  • Ventura Securities: Apply

Jyoti CNC Automation IPO Date & Price Band Details

IPO Open:January 9, 2024
IPO Close:January 11, 2024
IPO Size:Approx ₹1000 Crores
Fresh Issue:Approx ₹1000 Crores
Face Value:₹2 Per Equity Share
IPO Price Band:₹315 to ₹331 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Jyoti CNC Automation IPO Market Lot

The Jyoti CNC Automation IPO minimum market lot is 45 shares with ₹14,895 application amount. The retail investors can apply up-to 13 lots with 585 shares or ₹193,635 amount.

ApplicationLot SizeSharesAmount
Retail Minimum145₹14,895
Retail Maximum13585₹193,635
S-HNI Minimum14630₹208,530
B-HNI Minimum683,060₹1,012,860

Jyoti CNC Automation IPO Allotment & Listing Dates

The Jyoti CNC Automation IPO date is January 9 and the close date is January 11. The Jyoti CNC Automation IPO allotment will be finalized on January 12, and the IPO listing on January 15.

Anchor Investors Allotment:January 8, 2024
IPO Open Date:January 9, 2024
IPO Close Date:January 11, 2024
Basis of Allotment:January 12, 2024
Refunds:January 15, 2024
Credit to Demat Account:January 15, 2024
IPO Listing Date:January 16, 2024

You can check IPO subscription status and IPO allotment status on their respective pages.

Jyoti CNC Automation IPO Form

How to apply for the Jyoti CNC Automation IPO? You can apply for Jyoti CNC Automation IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Jyoti CNC Automation IPO in the Invest section. The other option is you can apply for Jyoti CNC Automation IPO via IPO forms downloaded via NSE and BSE. Check out the Jyoti CNC Automation forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Jyoti CNC Automation Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹590.09₹661.66₹70.02
2022₹750.06₹791.81₹48.30
2023₹952.60₹955.20₹15.06
2024 6M₹510.53₹500.21₹3.35

Jyoti CNC Automation IPO Valuation – FY2023

Check Jyoti CNC Automation IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹1.02 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):18.35%
Net Asset Value (NAV):₹5.57 per Equity Share

Peer Group

  • Elgi Equipments Limited
  • Lakshmi Machine Works Limited
  • Triveni Turbine Limited
  • TD Power Systems Limited

Company Promoters

  • Parakramsinh Ghanshyamsinh Jadeja
  • Sahdevsinh Lalubha Jadeja
  • Vikramsinh Raghuvirsinh Rana
  • Jyoti International LLP

Jyoti CNC Automation IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Jyoti CNC Automation IPO Allotment Status Check

Check Jyoti CNC Automation IPO allotment status on Linkintime website allotment URL. Click Here

Jyoti CNC Automation IPO Lead Managers aka Merchant Bankers

  • Equirus Capital Private Limited
  • ICICI Securities Limited
  • SBI Capital Markets Limited

Company Address

Jyoti CNC Automation Limited
G – 506, Lodhika GIDC
Village Metoda,
Rajkot – 360 021,
Phone: + 91-2827–235182
Email: [email protected]
Website: https://jyoti.co.in/

Jyoti CNC Automation IPO FAQs

What is Jyoti CNC Automation IPO?

Jyoti CNC Automation IPO is a main-board IPO. They are going to raise ₹1000 Crores via IPO. The issue is priced at ₹315 to ₹331 pr equity share. The IPO is to be listed on BSE & NSE.

When Jyoti CNC Automation IPO will open?

The IPO is to open on January 9, 2024 for QIB, NII, and Retail Investors.

What is Jyoti CNC Automation IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Jyoti CNC Automation IPO?

You can apply for Jyoti CNC Automation IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Jyoti CNC Automation IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Jyoti CNC Automation”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Jyoti CNC Automation IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jyoti CNC Automation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Jyoti CNC Automation IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Jyoti CNC Automation”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Jyoti CNC Automation IPO Size?

Jyoti CNC Automation IPO size is ₹1000 crores.

What is Jyoti CNC Automation IPO Price Band?

Jyoti CNC Automation IPO Price Band is ₹315 to ₹331.

What is the Jyoti CNC Automation IPO Allotment Date?

Jyoti CNC Automation IPO allotment date is January 12, 2024.

What is the Jyoti CNC Automation IPO Listing Date?

Jyoti CNC Automation IPO listing date is Januar 16, 2024. The IPO is to list on BSE and NSE.

Note: The Jyoti CNC Automation IPO price band and date are not officially announced yet. The IPO grey market premium (Jyoti CNC Automation IPO Premium) will be added to the IPO grey market page as it will start).
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    5 Responses

    1. hello, how come in 2023 PAT is 15Cr as we can see Expense is more that Revenue. it should show loss,

      pls clarify

    2. How can you give the financials for the year 2024 when 2024 has just commenced.
      Pl clarify.

    OPEN DEMAT ACCOUNT