|
Issue Open Date
|
09-Jan-24
|
|
Issue Closing Date
|
11-Jan-24
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
315
-
331
|
|
Minimium Application No.
|
45
|
|
Issue Size (Shares)
|
30218649
|
|
Market Lot
|
1
|
|
|
|
Objective
|
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by our Company.2. Funding long-term working capital requirements of our Company.3. General corporate purposes.
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|
|
|
Category
|
No. of Shares
|
No. of Shares
|
Subscription Ratio
|
|
Offered / Reserved |
Bid For |
|
Non-Institutional Investors
|
4738095
|
172850220
|
36.4809527879876
|
Qualified Institutional Buyers
|
9476190
|
418201650
|
44.1318346297404
|
Retail Individual Investors
|
3158730
|
82677330
|
26.1742314157905
|
|
|
|
Business Description
We are one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines with the third largest market share in India accounting approximately 10% of the market share in India in Fiscal 2023 and twelfth largest market share globally accounting for 0.4% of the market share globally in calendar year 2022. (Source: F&S Report) We are a prominent manufacturer of simultaneous 5-Axis CNC machines in India (Source: F&S Report) and supply a diverse portfolios of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs) and CNC Horizontal Machining Centers (HMCs). We rely on our expertise built over 2 decades of presence and strong R&D capabilities to deliver customised solutions to our customers across diverse set of industries including aerospace and defence, auto and auto components, general engineering, EMS, dies and moulds, and others.
|
|
Promoter's Holding
|
|
Total Share Capital
|
142246495
|
|
Offered to Public
|
30218649
|
|
Promoter's Holding (Pre-Issue)
|
72.13
|
|
Promoter's Holding (Post-Issue)
|
62.55
|
|
|
|
|
|
|
|
Address |
G -506 Lodhika G I D C Vill: Metoda
Rajkot,
Gujarat,
360021
Phone : 02827-235100
Email : info@jyoti.co.in
Website : www.jyoti.co.in
|
|
Registrar |
Link Intime India Pvt Ltd.
C 101 247 Park L B S Marg Vikhroli (West) Mumbai
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|
Listed at |
BSE, NSE
|
|
Lead Manager |
Equirus Capital Pvt Ltd ICICI Securities Ltd SBI Capital Markets Ltd
|
|
Promoters |
Jyoti International LLP Parakramsinh Ghanshyamsinh Jadeja Sahdevsinh Lalubha Jadeja Vikramsinh Raghuvirsinh Rana
|
|