Jyoti CNC Automation IPO is a book-built issuance for Rs 1,000.00 crore. The offering is totally new, totaling 3.02 crore shares.
Jyoti CNC Automation’s initial public offering (IPO) will begin on January 9, 2024 and end on January 11, 2024. The allotment for the Jyoti CNC Automation IPO is expected to be completed on Friday, January 12, 2024. Jyoti CNC Automation IPO will list on the BSE and NSE, with a tentative listing date of Tuesday, January 16, 2024.
The pricing band for Jyoti CNC Automation’s IPO is ₹315-331 per share. The minimum lot size for an application is 45 shares. The minimum investment for retail investors is ₹14,895. The minimum lot size investment for sNII is 14 lots (630 shares) for ₹208,530, while for bNII, it is 68 lots (3,060 shares) worth ₹1,012,860.
Jyoti CNC Automation IPO Details
| IPO Date | January 9, 2024 to January 11, 2024 |
| Listing Date | [.] |
| Face Value | Rs 2 per share |
| Price Band | Rs 315 to Rs 331 per share |
| Lot Size | 45 Shares |
| Total Issue Size | 30,211,480 shares (aggregating up to Rs 1,000.00 Cr) |
| Fresh Issue | 30,211,480 shares (aggregating up to Rs 1,000.00 Cr) |
| Employee Discount | Rs 15 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 197,204,447 |
| Share holding post issue | 227,415,927 |
Jyoti CNC Automation IPO Timeline
| IPO Open Date | Tuesday, January 9, 2024 |
| IPO Close Date | Thursday, January 11, 2024 |
| Basis of Allotment | Friday, January 12, 2024 |
| Initiation of Refunds | Monday, January 15, 2024 |
| Credit of Shares to Demat | Monday, January 15, 2024 |
| Listing Date | Tuesday, January 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 11, 2024 |
Jyoti CNC Automation IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 45 | Rs 14,895 |
| Retail (Max) | 13 | 585 | Rs 193,635 |
| S-HNI (Min) | 14 | 630 | Rs 208,530 |
| S-HNI (Max) | 67 | 3,015 | Rs 997,965 |
| B-HNI (Min) | 68 | 3,060 | Rs 1,012,860 |
