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Jyoti CNC Automation Limited

JYOTICNCIndustrial Manufacturing9 Jan 2024 – 11 Jan 2024INE980O01024

Promoters Parakramsinh Ghanshyamsinh Jadeja · Sahdevsinh Lalubha Jadeja · Vikramsinh Raghuvirsinh Rana · Jyoti International LLP

On listing day it
—
we hold no exchange bar dated on the listing date
Since then, against the issue price
+214.2%
₹1,039.85 on 30 Sept 2026

Against an issue price of ₹331. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹331
final issue price
Issue size
₹1,000 cr
Fresh
Lot size
45 sh
₹14,895 a lot
Listed on
16 Jan 2024
NSE
Now trading as JYOTICNC — see its filed financials and price history →
Valued at the offer price₹7,528 cr22,74,23,096 shares after the issue × ₹331, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Jyoti CNC Automation Limited raised ₹1,000 crore through a mainboard initial public offer.

The filing places it in Industrial Manufacturing and names four promoters: Parakramsinh Ghanshyamsinh Jadeja, Sahdevsinh Lalubha Jadeja, Vikramsinh Raghuvirsinh Rana and Jyoti International LLP.

The book was open from 9 January 2024 to 11 January 2024.

The issue was priced at ₹331 a share, from a band of ₹315 to ₹331.

The whole offer is a fresh issue of shares — ₹1,000 crore raised by the company itself.

The issuer reported the offer subscribed 40.0 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.

The shares listed on 16 January 2024.

The last official close on file is ₹1,040 (30 September 2026), which is 214.2% above the issue price.

It now trades as JYOTICNC, and its filed financials are on its company page.

How it has done since listing
NSE close · 30 Sept 2026
Issue price
₹331
final issue price
Listing-day move
—
Now vs issue price
+214.2%
30 Sept 2026
Since first close
—

Shares sold in the issue at ₹331 last closed at ₹1,039.85.

See JYOTICNC’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(2)
Issue price
₹331
face value ₹2
Lot size
45 sh
₹14,895 a lot
Issue size
₹1,000 cr
Fresh
Shares after issue
22.74 cr
22,74,23,096
Fresh issue
3.02 cr
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

How it was priced
Book-built — the price was discovered inside a band from the bids received
Listing sought at
BSE And NSE
Designated exchange
NSE
Discount
₹15 a share
Registered office
Western India
Company website
www.jyoti.co.in
Registrar
Link Intime India Private Limited
Lead managers
  • Equirus Capital Private Limited
  • SBI Capital Markets Limited
  • ICICI Securities Limited
What happens when
3-day book
  1. Bidding opens9 Jan 2024
  2. Bidding closes11 Jan 2024
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing16 Jan 2024
How the bidding went
as filed after the close
40.00x
subscribed — filed by the issuer

This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.

Who the offer was set aside for
as filed by the issuer at listing
  • Anchor investors44.8%
  • Qualified institutional buyers29.8%
  • Non-institutional investors14.9%
  • Retail individual investors9.9%
  • Reserved portion0.5%

No part of the offer was set aside for market maker or other.

The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    16 Jul 2024
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    16 Jul 2025
    already free

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Who the issuer compares itself to
as printed in the offer document

The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.

CompanyP/ERoNW
Elgi Consolidated Equipments Limitednot in our universe44.327.0%
Lakshmi Consolidated Machine Works Limitednot in our universe37.716.4%
Macpower Standalone CNC Machines Ltdnot in our universe51.313.3%
TD Power Consolidated Systems Limitednot in our universe46.716.0%
Triveni Consolidated Turbine Limitednot in our universe67.825.3%
The issuer’s own figures, as it printed them
EPS
₹1.02
NAV per share
₹5.57
Return on net worth
18.35%

The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.

Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Equirus Capital Limited
2021 – 2026
31
4 measurable
+20.0%
ICICI Securities Limited
2021 – 2026
87
13 measurable
+16.6%
SBI Capital Markets Limited
2022 – 2026
46
7 measurable
+4.5%
Registrar
FirmIssuesTypical listing move
Link Intime India Private Limited
2021 – 2026
175
14 measurable
+10.2%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.