Jyoti CNC Automation Ltd. IPO

Jyoti CNC Automation Limited, a titan in India's machine tool industry, crafts high-precision CNC machines for diverse industries. Since its humble beginnings as gearbox manufacturers, Jyoti has evolved into a leading innovator, designing and building CNC turning centers, vertical machining centers, and even sophisticated 5-axis machines. With a dedication to quality and a focus on customization, Jyoti caters to both domestic and international markets, powering up factories across aerospace, auto, and many more sectors. Their commitment to technology and skilled workforce positions Jyoti as a reliable partner in shaping the future of precision manufacturing.

RHP
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DRHP
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Open Date

2024-01-09

Close Date

2024-01-11

IPO Details

Check out the issue details for Jyoti CNC Automation Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 331

Price Band

₹ 315 - 331

Issue Size

1000 Cr.

Issue Type

Book Built

Open

2024-01-09

Close

2024-01-11

Listingprice

₹ 370

ListingGain

11.78%

Listing Date

2024-01-16

CMP

₹ 809.35

Current Return

144.52%

Company Financials

You can get the following financial statements of Jyoti CNC Automation Ltd. as of now.

Subscription Details

The details about the Jyoti CNC Automation Limited IPO is as:

  • The issue size of Jyoti CNC Automation Limited IPO is 1000 Cr.
  • The price band for Jyoti CNC Automation Limited IPO is Rs 315 to Rs 331.
  • The shares of Jyoti CNC Automation Limited IPO will list on 16th January 2024.
  • The latest tentative GMP of Jyoti CNC Automation Limited IPO is Rs 45.
  • The shares of Jyoti CNC Automation Limited IPO is subscribed 40.49 Times as of 11th January 2024.

 

Jyoti CNC Automation Limited IPO Valuation

The approx valuation of Jyoti CNC Automation Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 331
Existing Shares (Qty) 19.72 Cr
Fresh Issue 1000 Cr
Market Cap 7527.32 Cr
EPS (FY23) Rs 1.02
PE Ratio 324.50x
Industry PE 49.55x

 

Jyoti CNC Automation Limited IPO Issue Size

Jyoti CNC Automation Limited IPO issue size is 1000 Cr

Issue Amount
Fresh Issue 1000 Cr
Offer For Sale 0 Cr

 

Jyoti CNC Automation Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 45 shares and a maximum of 13 lots of 585 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 45 14,895
 Maximum 13 585 1,93,635

 

Jyoti CNC Automation Limited IPO share offer

The shares of Jyoti CNC Automation Limited IPO is subscribed 40.49 Times as of 11th January 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 46.37 Times
Non-Institutional Maximum 15% 38.33 Times
Retail Individual Maximum 10% 27.50 Times
Employee 1,58,227 shares 13.14 Times
Total   40.49 Times

Allotment Details

Find below the dates for Jyoti CNC Automation Limited IPO:

Schedule Date
Basis of Allotment 12 January 2024
Refunds 15 January 2024
Credit to Demat Account 15 January 2024
IPO Listing Date 16 January 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 791.43 560.83 436.57 678.23 828.24
Total Expenditure 670.25 486.51 382.03 569.01 711.44
Operating Profit 121.18 74.32 54.54 109.22 116.8
Other Income 16.25 15.47 16.47 8.26 32.17
Interest 58.44 61.97 66.05 65.16 71.19
Depreciation 24.49 25.93 26.38 26.52 25.67
Exceptional Items 0 0 0 0 0
Profit Before Tax 54.5 1.89 -21.42 25.8 52.11
Provision for Tax 19.71 -7.21 -1.54 6.55 12.79
Net Profit 34.79 9.1 -19.88 19.25 39.32
Adjusted EPS (Rs.) 0.24 0.06 -0.13 0.13 0.24

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 29.48 29.48 29.48 29.48 32.93
Total Reserves 368.44 379.5 365.83 381.1 450.85
Borrowings 111.97 134.19 141.43 140.27 114.04
Other N/C liabilities 37.4 31.63 31.87 32.95 32.99
Current liabilities 610.82 658.35 733.83 740.73 953.08
Total Liabilities 1158.11 1233.14 1302.44 1324.53 1583.89
Assets
Net Block 270.34 271.69 255.26 245.01 238.09
Capital WIP 18.21 15.4 9.73 0.9 3.59
Intangible WIP 0.01 1.08 2.63 4.58 7.1
Investments 30.13 29.06 30.68 30.79 184.58
Loans & Advances 132.08 155.1 160.03 156.18 46.33
Other N/C Assets 9.9 3.39 12.3 5.27 10.47
Current Assets 697.45 757.44 831.81 881.8 1093.73
Total Assets 1158.11 1233.14 1302.44 1324.53 1583.89
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023
Other Income 0.88 5.1
Profit Before Tax 25.18 75.99
Tax 6.28 19.14
Profit After Tax 18.9 56.86
Adjusted EPS (Rs) 0.97 2.88

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.55 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 54.5 1.89 -21.42 25.8 39.32
Adjustment 74.34 78.94 84.37 86.03 73.23
Changes in Assets & Liabilities -6.66 -79.24 -19.15 -84.88 -84.8
Tax Paid -9.39 -9.34 -0.45 -0.6 -7.06
Operating Cash Flow 112.79 -7.75 43.35 26.35 20.69
Investing Cash Flow 20.28 -40.79 -12.58 -8.3 -22.41
Financing Cash Flow -133.7 48.68 -30.91 -18.45 1.71
Net Cash Flow -0.63 0.15 -0.14 -0.4 -0.01
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