Jyoti CNC Automation  IPO Details

Open Date

09 Jan 24

11 Jan 24


₹1,000 Cr

Lot Size

IPO Size

Listing At


Listing Date

Price Range

₹315 to ₹331

Close Date

Allotment Date

12 Jan 24

16 Jan 24

IPO Details

Established in 1991, Jyoti CNC Automation Limited makes metal cutting computer numerical control (CNC) machines. The company ranks third for having the largest market share in India accounting for around 10% as of FY2023. Globally, it has a market share of 0.4% and ranked 12th in the calendar year 2022.   Jyoti CNC Automation manufacturers and supplies 5-Axis CNC machines, CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs) and CNC Horizontal Machining Centers (HMCs) for clients in different industries such as aerospace and defence, auto and auto components, general engineering, EMS, dies and moulds, and others.

About the Company

●    To fund working capital requirements. ●    To prepay or repay full/partial borrowings obtained by the company. ●    General corporate purpose. 


The book-running lead managers to the offer are: Equirus Capital Private Ltd ICICI Securities Ltd SBI Capital Markets Ltd

Book Runners

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