| Jyoti CNC Automation Ltd |
|
Registered Office:
G-506 Lodhika GIDC,Village Metoda
,
Rajkot
-
360021
,
Gujarat
, India.
Phone :
+91 28272 35182 Fax:
Email : investors@jyoti.co.in
Website : www.jyoti.co.in
|
Initial public offering of 30,218,649^ equity shares of face value of Re. 2 each (equity shares) of Jyoti CNC Automation Limited (The Company) for cash at a price of  331 per equity share (including a share premium of 329 per equity share) (issue price) aggregating 1000.00^ crores (issue). The issue included a reservation of 158,227^ equity shares of face value of
2 each aggregating 5.00^ crores (constituting 0.07%^ of its post-issue equity share capital), for subscription by eligible employees (employee reservation portion). The company, in consultation with the brlms, offered a discount of 15 of the issue price to the eligible employees bidding in the employee reservation portion (employee discount). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue constitute 13.29%^ and 13.22%^ of its post-issue paid-up equity share capital of the company, respectively.
The face value of the equity shares is 2 each and the issue price is 165.50 times the face value of the equity shares.
^Subject to finalisation of the basis of allotment.
A discount of 15 per equity share was offred to eligible employees bidding in the employee reservation portion. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 09-Jan-24 |
11-Jan-24 |
Rs331.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :45 Further Multiples of :45 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
949.45 |
|
| Project Financed through Current Offer |
1000.00 |
|
| Post Issue Equity Share Capital |
45.48 |
|
| Issue Price |
Rs331.00 |
|
|