Jyoti CNC Automation IPO: Everything You Need to Know! 💰💼
1. Exciting News Alert! The first IPO of the year has arrived, and it’s none other than Jyoti CNC Automation. If you’re looking to make a solid profit in the IPO market, consider investing in Jyoti CNC Automation’s IPO.
2. IPO Opening Date: Get ready to mark your calendars! Jyoti CNC Automation’s IPO will open for anchor investors on 8th January 2024.
3. Grey Market Buzz: According to market experts, Jyoti CNC Automation’s IPO shares are creating a buzz in the grey market. Investors are eagerly eyeing the company’s IPO shares.
4. Share Price Range: Jyoti CNC Automation has set the share price range for its IPO at ₹315 to ₹331 per share. This provides investors with a clear idea of the share’s value.
5. Lot Size and Minimum Investment: Jyoti CNC Automation has set a lot size of 45 shares for its IPO. To purchase a lot, investors need to deposit a minimum of ₹14,895.
6. Maximum Lot Purchase for Retail Investors: Retail investors have the opportunity to buy a maximum of 13 lots in Jyoti CNC Automation’s IPO. It’s a chance to grab more shares and increase potential profits.
7. Special Discount for Employees: The company is offering its employees a discount of ₹15 per share in its IPO. This is a great perk for the dedicated workforce of Jyoti CNC Automation.
8. IPO Closing Date: Interested investors have until 11th January 2024 to invest in Jyoti CNC Automation’s IPO. Don’t miss out on this golden opportunity!
9. Premium in Grey Market: Currently, Jyoti CNC Automation’s shares are trading at a premium of ₹85 in the grey market. This indicates the high demand and potential for a profitable listing.
10. Potential Listing Price: Market experts predict that the company’s shares might list at around ₹416. This suggests a significant increase from the IPO price range.
11. Potential First-Day Returns: Investors could potentially earn more than 25% in profits on the first day of listing. Jyoti CNC Automation’s IPO seems promising for early investors.
12. Promoters’ Stake: The promoters hold a 72.66% stake in Jyoti CNC Automation, indicating their confidence in the company’s growth potential.
13. IPO Size: Jyoti CNC Automation’s IPO is worth ₹1,000 crore. Under this IPO, the company will issue 3.02 crore new shares.
14. Retail Investors’ Reservation: The company has reserved 10% of its IPO for retail investors, offering them a fair chance to invest and participate in its growth.
15. Qualified Institutional Investors (QIs) Reservation: Jyoti CNC Automation has reserved 75% of its IPO for QIs, showcasing its commitment to attract institutional investment.
Now that you’re armed with all the crucial details, consider investing in Jyoti CNC Automation’s IPO and make the most of this opportunity. Happy investing! 💸📈
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
