IPO

IPO Synopsis

Jyoti CNC Automation Ltd
Initial public offering of 30,218,649^ equity shares of face value of Re. 2 each (equity shares) of Jyoti CNC Automation Limited (The Company) for cash at a price of Rs. 331 per equity share (including a share premium of Rs. 329 per equity share) (issue price) aggregating Rs. 1000.00^ crores (issue). The issue included a reservation of 158,227^ equity shares of face value of Rs. 2 each aggregating Rs. 5.00^ crores (constituting 0.07%^ of its post-issue equity share capital), for subscription by eligible employees (employee reservation portion). The company, in consultation with the brlms, offered a discount of Rs. 15 of the issue price to the eligible employees bidding in the employee reservation portion (employee discount). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 13.29%^ and 13.22%^ of its post-issue paid-up equity share capital of the company, respectively. The face value of the equity shares is Rs. 2 each and the issue price is 165.50 times the face value of the equity shares. ^Subject to finalisation of the basis of allotment. A discount of Rs. 15 per equity share was offred to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
09-Jan-24 11-Jan-24
Money Payable On
Application Allotment
331.00 0.00
Minimum Application for shares in Nos : 45 Further Multiples of : 45
Cr Lead Managers to the Issue
Project Cost (.Cr) 949.45 Equirus Capital Pvt Ltd
Project Financed through Current Offer (.Cr) 1000.00  
Post Issue Equity Share Capital (.Cr) 45.48
Issue Price () 331.00
Projects
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
Promoted By
Parakramsinh Ghanshyamsinh Jad
Sadhevsinh Lalubha Jadeja
Vikramsinh Raghuvirsinh Rana
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd