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Jyoti CNC IPO

One of India’s top manufacturers, Jyoti CNC Automation, focuses in producing simultaneous 5-axis CNC machines. Its products, which include simultaneous 3-axis and 5-axis CNC machining centres, multitasking machines, CNC Turning Centres, CNC Turn Mill Centres, CNC Vertical Machining Centres (VMCs), CNC Horizontal Machining Centres (HMCs), are among the most varied CNC portfolios in the nation.

AVTEC Limited, Turkish Aerospace, BrahMos Aerospace Thiruvananthapuram Limited, Indian Space Applications Centre (ISRO), Bharat Forge Limited, C.R.I. Pumps Private Limited, Kalyani Technoforge Limited, Shakti Pumps (India) Limited, and Uniparts India Limited are just a few of the well-known companies that call the company home.
Jyoti CNC offers more than 200 variants spread throughout 44 series, offering a wide selection. The company supplied 8,400 CNC machines to 3,500 clients in Europe, North America, Asia (apart from India), and India during the course of the last three fiscal years. Their global supply of CNC machines has exceeded 30,000 units since April 1, 2004.

Three manufacturing sites are run by the company; two are in Rajkot, Gujarat, and one is in Strasbourg, France. The Strasbourg location has all the necessary tools to design, develop, and produce the full range of products. Jyoti CNC Automation may produce 4,400 machines a year in India and 121 machines a year in France as of September 30, 2023.

As of September 30, 2023, Jyoti CNC employed 2,624 people and has an order book of INR 3,315.33 crore, which includes an INR 304.92 crore order from an organisation in the electronics manufacturing services (EMS) sector.

Jyoti CNC IPO Details

Signature Global IPO Details
Jyoti CNC IPO Dates
9 - 11 January 2024
Jyoti CNC IPO Price
INR 315- 331 per share
Fresh issue
INR 1000 crore
Offer For Sale
NIL
Total IPO Size
INR 1,000 crore
Minimum bid (size)
45 shares (INR 14,895)
Face Value
INR 2 per share
Retail Allocation
10%
Listing On
BSE, NSE

Jyoti CNC Automation Financial Performance

Signature Global Financial Performance

FY21

FY22

FY23

H1 FY 24

Revenue

580.06

746.49

929.26

509.82

Expenses

661.67

791.81

955.20

500.21

Net income

(70.03)

(48.30)

15.06

3.35

Margin (%)

(12.07)

(6.47)

1.62

0.66

Figures in INR Crore unless specified otherwise

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