The Jay Bee Laminations IPO details are now finalized. Specifically, the IPO is scheduled to open on August 27 and will close on August 29. Consequently, this NSE SME IPO aims to raise ₹88.96 crores. Furthermore, the price band for the Jay Bee Laminations IPO has been established between ₹138 and ₹146 per share, with a minimum market lot of 1,000 shares.
Table of contents
- Jay Bee Laminations IPO Overview
- Company Details
- Key Dates
- Financials (₹ in Crores)
- Objective of the Issue
- Company Promoters
- Jay Bee Laminations IPO GMP (Grey Market Premium)
- Jay Bee Laminations IPO Application Form PDF
- Jay Bee Laminations IPO Subscription Status
- Jay Bee Laminations IPO Allotment Status
- IPO Review
- Jay Bee Laminations IPO Lead Manager
- Jay Bee Laminations Limited Contact
- Jay Bee Laminations IPO FAQs
Jay Bee Laminations IPO Overview
| Company Name | Jay Bee Laminations Limited |
| Industry | Manufacturing |
| IPO Issue Type | Book Built Issue |
| Open Date | August 27, 2024 |
| Close Date | August 29, 2024 |
| Total Issue Size | ₹88.96 Crores (6,093,230 Equity Shares) |
| Face Value | ₹10 Per Equity Share |
| Fresh Issue | ₹66.72 Crores (4,569,930 Equity Shares) |
| Price Band | ₹138 to ₹146 Per Share |
| Listing on | NSE SME |
| Lot Size | 1000 shares |
| Offer for Sale | ₹22.24 Crores (1,523,300 Equity Shares) |
| Shares Offered to Retail | 35% |
| Shares Offered to QIB | 50% |
| Shares Offered to HNI | 15% |
Company Details
Founded in 1988, Jay Bee Laminations Limited has steadily grown into a leading manufacturer and supplier of electrical laminations, slit coils, and assembled cores. Initially, the company focused on leveraging Cold Rolled Grain Oriented (CRGO) Silicon Steel and Cold Rolled Non-Grain Oriented (CRNGO) Steel. Consequently, these high-quality components are now widely used in transformers, UPS systems, and inverters within the power industry. As a result, Jay Bee Laminations Limited has established a strong reputation for reliability and excellence in the sector.
Spanning a total area of 10,878 square meters, the company is well-equipped with in-house facilities for slitting, cutting, assembling, and testing. Moreover, Jay Bee Laminations Limited boasts a dedicated laboratory for testing both raw materials and finished goods. Complementing these resources, they have a specialized division for blade-sharpening tools. Furthermore, their primary focus remains on delivering high-quality CRGO electrical steel cores to transformer manufacturers, ensuring adherence to the stringent quality standards set by the Bureau of Indian Standards (BIS). Given that transformer quality heavily relies on raw materials, CRGO steel cores contribute significantly, accounting for 25-30% of the overall cost of a transformer.
Key Dates
| IPO Open Date | August 27, 2024 |
| IPO Close Date | August 29, 2024 |
| Basis of Allotment | August 30, 2024 |
| Refunds | September 2, 2024 |
| Credit to Demat Account | September 2, 2024 |
| IPO Listing Date | September 3, 2024 |
Financials (₹ in Crores)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | ₹130.26 | ₹108.97 | ₹95.14 |
| Revenue | ₹230.97 | ₹247.48 | ₹141.67 |
| Profit After Tax | ₹14.60 | ₹13.60 | ₹5.71 |
| Net Worth | ₹58.06 | ₹43.46 | ₹29.86 |
| Total Borrowing | ₹22.81 | ₹31.43 | ₹26.93 |
Objective of the Issue
- Funding our working capital requirements.
- General Corporate Expenses.
Company Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Mrs. Sunita Aggarwal
Jay Bee Laminations IPO GMP (Grey Market Premium)
Curious about the latest Grey Market Premium (GMP) for the Jay Bee Laminations IPO? Look no further! Visit our dedicated IPO GMP section where we keep you in the loop with daily updates on all IPOs, including Jay Bee Laminations Limited. Additionally, stay ahead of the game with real-time GMP insights that can help you make informed investment decisions. Whether you’re a seasoned investor or just getting started, our updates have got you covered!
Jay Bee Laminations IPO Application Form PDF
To download the Jay Bee Laminations IPO application form, simply check out the IPO Forms. Additionally, you can download the ASBA IPO Forms PDF.
Jay Bee Laminations IPO Subscription Status
This IPO subscription kicks off on August 27, 2024! Meanwhile, if you’re looking to stay updated with the latest subscription figures, head over to our IPO Subscription section for real-time data on all ongoing IPOs. Moreover, don’t miss out on the action—track the progress as it happens!
Jay Bee Laminations IPO Allotment Status
To check the Jay Bee Laminations IPO allotment status go to the IPO registrar website Bigshare Services Private Limited or go to IPO Allotment.
To check Jay Bee Laminations IPO allotment status. Firstly, follow the steps below:
- Firstly, go to the link given above.
- Secondly, select the company name.
- Then, enter your PAN Number, Beneficiary Number, Application Number, or CAF Number.
- Finally, submit the details to get the allotment status.
IPO Review
Strengths:
- With a long track record of operations and experienced management, the company has established a robust foundation.
- Consequently, it maintains a healthy financial risk profile.
- Furthermore, effective working capital management supports its overall financial stability.
Risks:
- Firstly, there is a susceptibility to fluctuations in raw material prices and forex exchange rates.
- Moreover, the business operates in a competitive and fragmented industry.
- Consequently, these factors collectively impact the overall stability and profitability of the business.
Jay Bee Laminations IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Jay Bee Laminations IPO Lead Manager
Swaraj shares and securities private limited
Unit 304, A Wing, 215 Atrium, Near Courtyard Marriot, Andheri Kurla Road,
Andheri East, Mumbai – 400093, Maharashtra, India.
Phone: +91 9007109767
Email: swarajshares@yahoo.co.in
Website: https://swarajshares.com/
Jay Bee Laminations Limited Contact
Jay Bee Laminations Limited
26/36, Upper Ground Floor,
East Patel Nagar New Delhi Patel Nagar East,
Central Delhi, New Delhi -110008
Phone: +91-9870403729
Email: investor@jaybeelaminations.co.in
Website: http://www.jaybeelaminations.co.in/
Jay Bee Laminations IPO FAQs
Asirvad Micro Finance, Emcure Pharma, and Tata Play are among the most promising IPOs set to launch in 2024. These companies are expected to generate significant investor interest due to their market potential and growth prospects.
SEBI mandates IPO to be open for a minimum of 3 days. In case of insufficient demand, an IPO can be extended to a maximum of 10 working days.
Not necessarily! Every IPO has unique characteristics, such as the longevity of the business, the size of its addressable market, its capital structure, and the level of competition it faces. Therefore, not every IPO is a wise investment. Conducting thorough research is essential to determine whether a particular IPO aligns with your investment strategy.
If you prefer to apply offline, you will need to download the ASBA form to submit your application. You can easily access the latest ASBA e-forms by clicking on the link to download IPO forms from the respective company’s or broker’s website.
Applying online for IPOs has become a smooth and convenient process. Investors can apply either through net banking or UPI-based applications, with initiation available via brokers. Both methods are supported by the Application Supported by Blocked Amount (ASBA) process, ensuring ease and security in the application process.
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