Jyoti CNC Automation Ltd. IPO

Jyoti CNC Automation Ltd.

IPO Listing Details

Listed On


Listed On

Issue Price


Issue Price

Listing Price


Listing Price

Listing Gains

+₹41.00 (+12.39%)

Listing Gains

IPO Details

Bidding Dates

09 Jan - 11 Jan '24

Bidding Dates

Min. Investment


Min. Investment

Lot Size


Lot Size

Price Range

₹315 - ₹331

Price Range

Issue Size

952 Cr

Issue Size

Subscription Rate

  • Retail Individual Investor
  • Non-Institutional Investor
  • Qualified Institutional Buyers
  • Employees

About Company

Jyoti CNC Automation Limited was established in January 1991 and is a producer and provider of CNC machinery. The business is headquartered in India and focuses on producing and distributing CNC machinery. The product line consists of multitasking machines, simultaneous 3-axis and simultaneous 5-axis CNC machining centres, CNC turning centres, CNC turning-milling centres, CNC vertical machining centres (VMCs), and CNC horizontal machining centres (HMCs). Indian Space Applications Center - ISRO, Turkish Aerospace, BrahMos Aerospace Thiruvananthapuram, Bharat Forge, Shakti Pumps (India), Shreeram Aerospace & Defense, Rolex Rings, Harsha Engineers, Bosch Limited, HAWE Hydraulics, Festo India, Elgi Rubber, National Fittings, and others are among the company's clientele and the company offers 200 different types of CNC machines divided into 44 series. Jyoti CNC Automation IPO is a fresh book-built issue of Rs 1,000.00 crores.

Important Dates - Jyoti CNC Automation IPO

Application opens on 9th January 2024
Last date of application 11th January 2024
Date of Allotment 12th January 2024
Refund begins from 15th January 2024
Credit of shares to Demat 15th January 2024
Listing date 16th January 2024

Why should you invest in Jyoti CNC Automation Ltd. IPO?

The company is a leading manufacturing company with an emerging presence in India with presence across the entire value chain of CNC metalworking machines. The expected company valuation is around INR 7,500 crores.


Jyoti CNC Automation IPO Grey Market Premium

Date GMP
8th January Rs.77
7th January Rs.77


Jyoti CNC Automation IPO Noteworthy Highlights

  • The Gujarat-based company has reserved shares worth Rs 5 crore for its employees. The IPO, excluding the employee portion, is the net issue.


  • The corporation plans to use the Net Proceeds from the New Issue for repayment and/or prepayment, in full or in part, of some loans taken out by the business, meeting the long-term working capital needs of the business and general objectives of the company.

Jyoti CNC Automation Ltd. IPO - SWOT Analysis


The company is found to be one of the leading industries in producing CNC Machines. Its products are well accepted in the domestic as well as international market. It also has a well diversified customer base. 


Out of the total fresh issue proceeds, ₹450 crore has been earmarked for the purpose of repaying the company’s existing debts, a prudent measure to enhance financial stability and reduce financial obligations. Besides this, the company also has a fragmented market segment and is facing tough competition. 


The corporation has vertically integrated operations along with state-of-the-art R&D department which provides extensive customization and product efficiency. The IPO overall has a strong management and execution team. 


Long-term agreements between the corporation and its suppliers of input materials are absent. Any appreciable increase in expenses, decrease in availability, or reduction in quality of these commodities could have a detrimental effect on the results of operations and business.


Financial Snapshot - Jyoti CNC Automation

Check out the financial performance of Jyoti CNC Automation for recent years:

Financial Year Total Assets Total Revenues Net Profit
March 2021 Rs 1,388.19 crore Rs 590.09 crore Rs -70.45 crore
March 2022 Rs 1,286.24 crore Rs 750.06 crore Rs -48.30 crore
March 2023 Rs 1,515.38 crore Rs 952.60 crore Rs 16.06 crore

How to apply for Jyoti CNC Automation Ltd. IPO?

You can apply for the Jyoti CNC Automation Ltd. IPO in these ways:

Link your personal bank A/C to a trusted UPI ID and map it with your TradeSmart account. Now, proceed further to book your IPO. On acceptance of the mandate, the bid amount will get blocked in your bank account Learn more.

Demat Account

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Jyoti CNC Automation Ltd. IPO FAQs

What are the opening and closing dates for Jyoti CNC Automation Limited IPO?

Jyoti CNC Automation Limited IPO will open for subscription on January 9 and close on January 11.


What is the price band for Jyoti CNC Automation Limited IPO?

The price band for Jyoti CNC Automation Limited IPO is ₹315 to ₹331.


What is the minimum and maximum lot size for Jyoti CNC Automation Limited IPO?

The minimum lot size for Jyoti CNC Automation Limited IPO is 1 and it can go up to 13. 


What will be the promoter shareholding in Jyoti CNC Automation Limited after the IPO?

The promoter shareholding in Jyoti CNC Automation Limited after the IPO will be 70.6%.


Who are Jyoti CNC Automation Limited IPO Lead Managers?

Equirus Capital, ICICI Securities, and SBI Capital Markets are the joint Book-Running Lead Managers (BRLMs) to the issue.


Who is the registrar of the issue?

Link Intime India Pvt Ltd. is the registrar for Jyoti CNC Automation Limited IPO.


When will the Jyoti CNC Automation Limited IPO allotment take place?

The allotted shares will be credited to investors’ demat accounts by January 15.


When and where will the Jyoti CNC Automation Limited shares be listed?

The equity shares of Jyoti CNC Automation Limited are proposed to be listed on December 26, 2023, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).


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