Jyoti CNC Automation IPO price band fixed at Rs 315-331 per share. Check details

Posted on:
Key Points

Gujarat-based Jyoti CNC Automation has set the price band for its initial public offering (IPO) at Rs 315-331 per equity share..

The floor price of the issue is 157.50 times the Rs 2 face value per equity share while the cap price is 165.50 times the face value...

The IPO is entirely a fresh issue of equity shares worth up to Rs 1,000 crore...

The three-day IPO of Jyoti CNC will close on January 11, while the anchor book of the offer will be launched for a day on January 8, as per the Red Herring Prospectus (RHP)...

The company is offering a discount of Rs 15 per equity share to eligible employees under the employee reservation portion...

You might be interested in

Jyoti CNC Automation IPO: GMP robust ahead of issue opening next week

05, Jan, 24

The share allotment for the Jyoti CNC Automation IPO will be finalised on January 12 and the listing date is fixed as January 16.

Jyoti CNC Automation IPO opens today: Should you subscribe to it? Here’s what experts recommend

09, Jan, 24

India Business News: Jyoti CNC Automation has initiated the subscription for its IPO, scheduled to close on January 11. The IPO involves a fresh issue of Rs 1,000 crore. A

Jyoti CNC Automation IPO: Price band set at ₹315-331 per share; check GMP, issue details, more

04, Jan, 24

Jyoti CNC Automation IPO price band fixed at ₹315-331 per equity share. Jyoti CNC Automation IPO date of subscription scheduled for January 9-11.

Pyramid Technoplast among 5 IPOs to watch out for this week

13, Aug, 23

Pyramid Technoplast aims to raise anywhere between Rs 139 crore - Rs 153 crore through the IPO, and the post implied market cap is likely to be around Rs 611 crore.

IREDA IPO: State-run NBFC sets price band of Rs 30-32/share for upcoming public offer

14, Nov, 23

IREDA IPO consists of a fresh issue of up to 40.3 crore equity shares and an offer for sale (OFS) of up to 26.8 crore equity shares by the government. About 50% of the IPO will be available for allocation on a proportionate basis to qualified institutional buyers, 15% for non-institutional investors, and 35% for retail investors.

Jyoti CMC Automation IPO opens tomorrow: Subscribe or skip?

08, Jan, 24

Jyoti CNC Automation Limited plans to commence its initial public offering (IPO) on January 9, with the subscription window remaining open until January 11. The IPO, priced between Rs 315-331 per share, anticipates a value of Rs 1,000 crore, solely through a fresh issue of 3.02 crore shares.

Gujarat-based Jyoti CNC Automation IPO opens on this date. Check GMP, price band

06, Jan, 24

Jyoti CNC Automation's customers include giants like ISRO, BrahMos Aerospace Thiruvananthapuram Ltd, Turkish Aerospace, MBDA etc.

Inox India IPO: What GMP indicates ahead of subscription on Thursday

13, Dec, 23

The issue is completely an offer for sale (OFS) of 2.21 crore shares with a face value of Rs 2 each. There is no fresh issue segment in the IPO.

Motisons Jewellers IPO sails through within one hour of opening, retail portion booked 3.6X

18, Dec, 23

The issue, which is completely fresh equity of 2.74 crore shares, has created a strong buzz in the grey market as the company's shares are trading at over 180% premium compared to the offer price.

Mamaearth IPO opens for subscription: Should you bid or skip?

31, Oct, 23

The IPO of Mamaearth's parent company, Honasa Consumer Limited, has garnered mixed reaction from analysts. Here is all you need to know.