Home Mainline IPOs Jay Bee Laminations IPO
Orion Industries logo

Jay Bee Laminations IPO

Open Sme
NSE 27 August - 29 August 2024
Jay Bee Laminations Limited IPO is a book build issue of 88.96 Cr. The issue is a combination of fresh issue of 4570000 shares aggregating to 66.72 Cr and offer for sale of 1523000 shares aggregating to 22.24 Cr. Jay Bee Laminations Limited IPO opened for subscription on Aug 27, 2024 and closed on Aug 29, 2024. The allotment for the this IPO was finalized on Aug 30, 2024. IPO was listed on NSE and BSE on Sep 03, 2024. Jay Bee Laminations Limited IPO is set issue price band at ₹138 to ₹146 per share.

Current GMP

₹157 (+107.53%)

Price Band

₹ 138 – 146

Lot Size

1000

Issue Size

₹88.96 Cr

Minimum Investment

₹292000 (2000 Shares)

Listing Date

03 September 2024

Subscription

-

About the Company

Jay Bee Laminations Ltd, a company founded in 1988, specializes in the provision of Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores. 

Their product range includes electrical laminations, slotted coils, and assembled cores, all manufactured from CRGO and CRNGO steel for use in transformers, UPS, and inverters in the power industry. Jay Bee Laminations owns state-of-the-art production facilities, equipped with proprietary machinery for cutting, slitting, assembling, and testing CRGO and CRNGO electrical steel cores, occupying a total area of 10,878 square meters. 

Furthermore, the company boasts an in-house laboratory for testing raw materials and finished products, as well as its own tooling department for sharpening blades. Currently, the company's facilities are fully equipped to cater to customers manufacturing transformers up to 220 kV class, having utilized 84% of its total installed capacity as of December 31, 2023. Jay Bee Laminations' clientele comprises transformer manufacturers, including those producing power and distribution transformers, ranging from 11 kV to 220 kV.

Promoters

  1. Mr. Munish Kumar Aggarwal
  2. Mr. Mudit Aggarwal
  3. Mrs. Sunita Aggarwal


Promoters Holding

Holding Pre Issue

97.00%

Holding Post Issue

0.00%

Objects of the Issue

The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:

  1. Funding our working capital requirements; and
  2. General Corporate Expenses.

Address / Contact Info

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

IPO Snapshot

Face Value₹10 per share
Price Band₹ 138 – 146
Lot Size1000
Issue TypeBook-building IPO
Sale Type
Fresh Issue₹ 66.72 Cr
Offer for Sale₹ 22.24 Cr
Total Issue Size₹ 88.96 Cr
Listing AtNSE
Industry
Sector
QIB Quota18.71%
Retail Quota33.91%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

Jay Bee Laminations IPO is a Book-building IPO worth ₹88.96 crores. The price band is ₹138 to 146 per share. The IPO opens on Tue, Aug 27, 2024 and closes on Thu, Aug 29, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.

The Jay Bee Laminations IPO opens on Tue, Aug 27, 2024 and closes on Thu, Aug 29, 2024

Jay Bee Laminations IPO Price Band is ₹138 to 146.

Jay Bee Laminations IPO lot size is 1000, and the minimum amount required for application is ₹292000.

The minimum investment for Jay Bee Laminations IPO is approximately ₹292000 based on the upper price band.

To apply for the Jay Bee Laminations IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 29, 2024. After submission, funds are blocked until the basis of allotment of Jay Bee Laminations IPO is finalised.

Jay Bee Laminations IPO issue size is ₹88.96 crores.

Jay Bee Laminations IPO allotment date is Sat, Jun 27, 2026.

The registrar for Jay Bee Laminations IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Jay Bee Laminations IPO through their official website or helpline.

The Jay Bee Laminations IPO GMP (Grey Market Premium) is ₹157 as of Tue, Sep 3, 2024. Based on the upper price band of ₹146 per share, the estimated Jay Bee Laminations IPO listing price is ₹303, indicating a potential listing gain of approximately 31% over the issue price.