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

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

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.

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.

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

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.

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