Jyoti CNC Automation Limited IPO
Jyoti CNC Automation Limited was a mainboard IPO in the Industrial Products sector, offered at ₹315–₹331 per share to raise ₹1,000 crore. The issue was subscribed 38.53× overall (QIBs 44.13×, NIIs 36.48×, retail 26.17×). It listed on 16 Jan 2024 at ₹370 and closed its first day at ₹434, a listing gain of +31.2% versus the ₹331 issue price. It now trades around ₹906 (+173.6% versus the issue price).
Frequently asked questions
- How many times was the Jyoti CNC Automation Limited IPO subscribed?
- The Jyoti CNC Automation Limited IPO was subscribed 38.53× overall — 44.13× in the QIB category, 36.48× among non-institutional investors, 26.17× in retail.
- What were the Jyoti CNC Automation Limited IPO listing gains?
- Jyoti CNC Automation Limited listed on 16 Jan 2024 at ₹370, closing its first day at ₹434 — a listing gain of +31.2% versus the ₹331 issue price.
- What were the retail allotment odds for the Jyoti CNC Automation Limited IPO?
- Retail was subscribed 26.17×, so a single-lot application had roughly a 3.8% chance of allotment (about 1 in 26), and allotment was finalised on 12 Jan 2024.
- What was the price band and lot size of the Jyoti CNC Automation Limited IPO?
- The price band was ₹315–₹331 per share, with a minimum lot of 45 shares (₹14,895 at the upper band).
- Who were the registrar and lead manager for the Jyoti CNC Automation Limited IPO?
- Link Intime India Private Limited was the registrar, and Equirus was the book-running lead manager.