Jyoti CNC Automation IPO GMP Today: Check Issue Date, Price Band, And Other Details

Jyoti CNC Automation is preparing to launch its Initial Public Offering (IPO), which is a book-built issue worth Rs 1,000 crore. The IPO consists of a new offering of 3.02 crore shares.

Jyoti CNC Automation IPO Subscription Period

The subscription period for Jyoti CNC Automation will commence on January 9, 2024, and come to a close on January 11, 2024.

Jyoti CNC Automation IPO Allotment DateThe allotment results are expected to be finalised by Friday, January 12, 2024.

Jyoti CNC Automation IPO Date of Listing The Jyoti CNC Automation IPO is set to be listed on both BSE and NSE on Tuesday, January 16, 2024.

Price Band for Jyoti CNC Automation IPO

The price range for the IPO has been set at Rs 315 to Rs 331 per share, and the minimum lot size is 45 shares. For retail investors, a minimum investment of Rs 14,895 is necessary. For non-institutional investors (sNII) and qualified institutional buyers (bNII), the minimum lot size investments are 14 lots (630 shares) and 68 lots (3,060 shares), with corresponding amounts of Rs 208,530 and Rs 1,012,860.


The GMP for the Jyoti CNC Automation IPO is currently at Rs 85.

Equirus Capital Private Limited, ICICI Securities Limited, and SBI Capital Markets Limited are the bookrunning lead managers for the Jyoti CNC Automation IPO, while Link Intime India Private Ltd. has been appointed as the registrar for the issue.

Jyoti CNC Automation Limited, which was founded in January 1991, specialises in the manufacturing and supply of CNC machines. Our product range includes a variety of high-quality CNC machines for turning, milling, and machining. We offer CNC turning centres, CNC turning-milling centres, CNC vertical machining centres (VMCs), CNC horizontal machining centres (HMCs), simultaneous 3-axis CNC machining centres, simultaneous 5-axis CNC machining centres, and multi-tasking machines

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