| Company Name | Jyoti CNC Automation Limited |
| Open Date | 09-01-2024 |
| Close Date | 11-01-2024 |
| Exchange | BSE, NSE |
| Lot Size | 45 Shares |
| Issue Price | ₹315 to ₹331 per share |
| Issue Size | 3,02,11,480 Equity Shares |
| Application Amount | Min. Inv. - ₹ 14,895 (45 shares) Max. Inv. – ₹ 1,93,635 (585 shares) |
| Recommendation | Avoid |
Jyoti CNC Automation Limited was originally incorporated in the year 1991 and has its registered office in Rajkot, Gujarat, India. The company is one of the leading manufacturers of
metal-cutting computer numerical control (CNC) machines. The company offers solutions suited for transitioning towards ‘Industry 4.0’, including its flagship multifunctional solutions package viz. ‘7th Sense’. The company operates out of 3 manufacturing facilities, 2 in Rajkot, Gujarat, (Indian Manufacturing Facilities) and 1 in Strasbourg, France, which are equipped with capabilities to design, develop and manufacture the product portfolio. As of 30th September 2023, the Company had 2,339 employees on its payroll.
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Sept-23 |
| Total Assets | 1,388.19 | 1,286.24 | 1,515.38 | 1,707.07 |
| Net Assets | 112.59 | 41.14 | 82.06 | 252.87 |
| Total Borrowings | 725.12 | 792.16 | 834.97 | 821.40 |
| Total Revenue | 590.09 | 750.06 | 952.60 | 510.53 |
| Profit After Tax | -70.03 | -48.30 | 15.06 | 3.35 |
| Opening Date | 09/01/2024 |
| Closing Date | 11-01-2024 |
| Basis of Allotment | 12-01-2024 |
| Initiation of Refunds | 15-01-2024 |
| Credit of Shares to Demat | 15-01-2024 |
| Listing Date | 16-01-2024 |
| Repayment and/or prepayment in part or in full of certain outstanding loans of the Company. |
| Funding long-term working capital requirements |
| General corporate purposes |
| Registered Office | Jyoti CNC Automation Limited G - 506, Lodhika GIDC Village Metoda, Rajkot – 360 021, |
| Phone | + 91-2827–235182 |
| investors@jyoti.co.in | |
| Website | https://jyoti.co.in/ |
| Jyoti CNC Automation Limited DRHP |
| Jyoti CNC Automation Limited RHP |
| Name | Link Intime India Private Limited |
| Phone | +91-22-4918 6270 |
| jyoticnc.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/mipo/ipoallotment.html |
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
| Share Holding Pre Issue (Promoters) | 72.13% |
| Share Holding Post Issue (Promoters) | 62.55% |