The shares of Jyoti CNC Automation listed with a premium of 12.4% on the exchanges on Tuesday. The stock debuted at Rs 372 on BSE over the issue price of Rs 331 while it debuted at Rs 370, up Rs 39 or 11.8% on NSE. Ahead of the listing, the company’s shares traded with a … Read more
The shares of Jyoti CNC Automation will debut on the exchanges on Tuesday — a first mainboard IPO listing of the year. Ahead of the listing, the company’s shares are trading at a premium of Rs 41 in the unlisted market. Considering the upper price band of Rs 331, the stock is expected to list … Read more
The GMP of Jyoti CNC Automation fell sharply in the unlisted market on Thursday despite a robust response for the IPO. The issue was subscribed 12 times so far on the last day of the bidding process. The company’s shares are trading with a premium of Rs 45, down from 75 the previous day. The … Read more
The initial public offer (IPO) of Jyoti CNC Automation was subscribed 3.24 times so far on Wednesday, the second day of the bidding process. The issue closes tomorrow. The retail investors portion of the IPO was subscribed the most at 10 times, followed by non-institutional investors at 5.12 times. The QIB category was least subscribed … Read more
Jyoti CNC Automation IPO: The subscription for the initial public offer (IPO) of Jyoti CNC Automation has opened today. The IPO, with a closing date of January 11, exclusively comprises a fresh issue amounting to Rs 1,000 crore. Prior to the launch of the issue, the company secured Rs 448 crore from anchor investors, which … Read more
Gujarat-based Jyoti CNC Automation has set the price band for its initial public offering (IPO) at Rs 315-331 per equity share. The IPO is worth up to Rs 1,000 crore and will open on January 9. It will be the first mainboard issue of the year. The floor price of the issue is 157.50 times … Read more
The initial public offering (IPO) of Jyoti CNC Automation will kick-start the primary market activity next week. The issue will open for subscription on January 9 and close on January 11. The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. Jyoti CNC Automation is one of the … Read more