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Jyoti CNC Automation IPO Details

As the entire issue of Rs 1000 crore will be a fresh issue, hence the whole fund will go to the company, as no promoters are selling their stake. As per the red herring prospectus, out of the funds raised from this IPO around Rs 475 crore will be used for Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company.

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Jyoti CNC Automation IPO Details

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  1. Incorporated in January 1991, Jyoti CNC Automation Limited is the manufacturer and supplier of computer numerical control (CNC) machines with a specialization in making CNC machines that includes CNC turning centres, CNC turning-milling centres, CNC horizontal machining centres (HMCs), CNC vertical machining centres (VMCs), simultaneous 5-axis CNC machining centres, simultaneous 3-axis CNC machining centresand multi-tasking machines. Read More Jyoti CNC Automation IPO Details: Date, Share Price, Size, GMP & Review www.moneysukh.com STOCKEQUITYIPOMUTUAL FUNDFUTURE & OPTION ETF SGB Event tracker   Market HuntDerivative reportsCommodity reportsMargin updatesMonthly Magazine Blogs

  2. Jyoti CNC Automation IPO Objectives As the entire issue of Rs 1000 crore will be a fresh issue, hence the whole fund will go to the company, as no promoters are selling their stake. As per the red herring prospectus, out of the funds raised from this IPO around Rs 475 crore will be used for Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company. While. Rs 360 crore will be used to meet the funding of long-term working capital requirements of our company. However, the remaining part of the fund will be also used for general corporate purposes and bear the expenses of this IPO issue. Read More www.moneysukh.com STOCKEQUITYIPOMUTUAL FUNDFUTURE & OPTION ETF SGB Event tracker   Market HuntDerivative reportsCommodity reportsMargin updatesMonthly Magazine Blogs

  3. Jyoti CNC Automation IPO Issue Price & Size The issue price of Jyoti CNC Automation IPO is Rs 315 to Rs 331 per share, which means investors can bid between these lower and upper price bands. While the total issue size of Jyoti CNC Automation IPO is Rs 1,000 crore that will be entirely a fresh issue. The company is going to issue around 30,211,480 equity shares of Rs 2 face value each and investors can apply with the lot size in the multiple of 45 shares. Read More www.moneysukh.com STOCK EQUITYIPOMUTUAL FUNDFUTURE & OPTION ETF SGB Event tracker   Market HuntDerivative reportsCommodity reportsMargin updatesMonthly Magazine Blogs

  4. Jyoti CNC Automation IPO Launch Date The IPOwill be open on 09 January 2024 and the last date is 11 Jan 2024, which means you can bid or apply for the IPO between 09 Jan to 11 Jan 2024.] However, as per the resources, the tentative date for the basis of allotment of Jyoti CNC Automation IPO is 12 Jan 2024, and the listing date is 16 Jan 2024. Refunds or money and allotment of credited shares into the demat account will be done by 15 Jan 2024. Read More www.moneysukh.com STOCK EQUITYIPOMUTUAL FUNDFUTURE & OPTION ETF SGB Event tracker   Market HuntDerivative reportsCommodity reportsMargin updatesMonthly Magazine Blogs

  5. Jyoti CNC Automation Financial Performance As per the draft red herring prospectus and red herring prospectus field with SEBI, the Revenue of Jyoti CNC Automation for the last six months of the current financial year (FY24) or you can say Sep ended 2023 stood at Rs 509.82 crore. The EBITDA and Net Profit of the company for the same period stood at Rs 74.40 crore and Rs 3.35 crore respectively. For the full year (FY23) the revenue of the company was Rs 929.26 crore which has increased with a CAGR growth of 26.57% from Rs 580.06 crore in FY21. However, owing to better operating margins company has registered a CAGR growth of 75.3% from Rs 31.69 crore in FY21 to Rs 74.40 crore in FY23. The EBITDA margin of the company was 5.46% in FY21 that is thanks to optimizing the operating expenses the same has improved to 14.6% in FY23. Read More www.moneysukh.com STOCKEQUITYIPOMUTUAL FUNDFUTURE & OPTION ETF SGB Event tracker   Market HuntDerivative reportsCommodity reportsMargin updatesMonthly Magazine Blogs

  6. Contact us: 96382-37000 Mansukh Securities and Finance Limited: SEBI Registration Number-INZ000164537 ( Members-NSE,BSE,MCX, ),IN-DP-72-2015 ( DP-NSDL, CDSL ) Mansukh Stock Brokers Limited : SEBI Registration Number- INZ000164937 ( Members -BSE ), IN-DP-36-2015 Mansukh Commodity Futures Private Limited : SEBI Registration Number-INZ000063032 ( Members- NCDEX ) Mansukh IFSC Broking Private Limited : SEBI Registration Number- INZ000099432 (Members- NSE IFSC, INDIA INX)Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances Investments in securities market are subject to market risks; read all the related documents carefully before investing. Thank You www.moneysukh.com STOCKEQUITYIPOMUTUAL FUNDFUTURE & OPTION 

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