Jay Bee Laminations IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Tue, 27 Aug 2024
Close Date
Thu, 29 Aug 2024
Price Band
₹ 138 – 146
Lot Size
1000
Issue Size
₹ 88.96 Cr
Minimum Investment
₹ 292,000 (2000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Jay Bee Laminations IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹88.96 Crore, comprising a fresh issue of 45.70 Lakh equity shares aggregating to ₹66.72 Crore and an offer for sale (OFS) of 15.23 Lakh equity shares aggregating to ₹22.24 Crore by the existing shareholders.
The Jay Bee Laminations IPO remained open for subscription from August 27, 2024, to August 29, 2024. The basis of allotment was finalized on August 30, 2024, and the company's shares were listed on NSE SME Platform on September 03, 2024.
The company had fixed the price band at ₹138 to ₹146 per share, with a lot size of 1000 shares. Retail investors were required to make a minimum investment of ₹292,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Swaraj shares and securities private limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Jay Bee Laminations Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Jay Bee Laminations IPO Timeline (Tentative)
- IPO Open Date
- Tue, 27 Aug 24
- IPO Close Date
- Thu, 29 Aug 24
- Basis of Allotment
- Fri, 30 Aug 24
- Initiation of Refunds
- Mon, 02 Sep 24
- Credit of Shares to Demat
- Mon, 02 Sep 24
- Listing Date
- Tue, 03 Sep 24 — NSE & BSE
Open Date
27 August 2024
Close Date
29 August 2024
Basis Of Allotment
30 August 2024
Listing Date
03 September 2024
IPO Subscription
Check Live Subscription →The Jay Bee Laminations IPO has received bids for 46,46,93,000 shares against 0 shares offered, resulting in an overall subscription of 0x. the NII category is subscribed 0x, Retail Investors 0x, and QIBs 0x.
QIB
0x
NII
0x
RII
0x
Total
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 20,66,000 shares, representing 33.91% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 11,40,000 shares (18.71%), while Non-Institutional Investors (NIIs) receive 8,72,000 shares (14.31%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 1,710,000 | 28.06% |
| Market Maker | 305,000 | 5.01% |
| Qualified Institutions | 1,140,000 | 18.71% |
| Non-Institutional | 872,000 | 14.31% |
| Retail Investors | 2,066,000 | 33.91% |
| Total | 6,093,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 13091.32 | 10897.58 | 9514.73 |
| Revenue | 30349.56 | 24748.86 | 14167.39 |
| Profit After Tax | 1935.27 | 1360 | 571.63 |
| Net Worth | 6281.44 | 4346.17 | 2986.17 |
| Reserve & Surplus | 4481.68 | 4046.21 | 2686.21 |
| Total Borrowings | 2416.15 | 3143.25 | 2693.08 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Jay Bee Laminations Limited KPI Information
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 36.42 |
| ROCE % | 39.23 |
| Debt / Equity | 0.38 |
| RoNW % | 30.81 |
| PbW | 4.18 |
| Pat Margin % | 6.39 |
Peers Comparison
No Peer Comparision Available
About Jay Bee Laminations Limited
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.
Jay Bee Laminations IPO Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Mrs. Sunita Aggarwal
Promoters Holding
Holding Pre Issue
97.00%
Holding Post Issue
0.00%
Jay Bee Laminations IPO Objective
The Company intends to utilize the Net Fresh Issue Proceeds for the following Objects:
- Funding our working capital requirements; and
- General Corporate Expenses.
Jay Bee Laminations Limited Address / Contact Details
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
Jay Bee Laminations IPO Lot Size
The Jay Bee Laminations IPO has a lot size of 1,000 shares. Retail investors require a minimum investment of ₹1,46,000 by applying for 1 lot (1,000 shares). The maximum application allowed for the retail category is 1 lots (1,000 shares), requiring an investment of ₹1,46,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | 146,000.00 |
| Retail (Max) | 1 | 1,000 | 146,000.00 |
| S-HNI (Min) | 2 | 2,000 | 292,000.00 |
Issue Reservation
- Anchor Investors — 28.06%
- Market Maker — 5.01%
- QIB — 18.71%
- NII — 14.31%
- RII — 33.91%
Book Running Lead Managers
- Swaraj shares and securities private limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Jay Bee Laminations IPO?
Jay Bee Laminations IPO is a Book-building IPO with a total issue size of ₹88.96 crore. The Jay Bee Laminations IPO price band is ₹138 to 146 per share. The Jay Bee Laminations IPO subscription opens on Tue, Aug 27, 2024, and closes on Thu, Aug 29, 2024. The Jay Bee Laminations IPO will be listed on the NSE. Bigshare Services Pvt Ltd is the registrar for the Jay Bee Laminations IPO.
When will the Jay Bee Laminations IPO open for subscription?
The Jay Bee Laminations IPO opens on Tue, Aug 27, 2024 and closes on Thu, Aug 29, 2024
What is Jay Bee Laminations IPO Price Band?
Jay Bee Laminations IPO Price Band is ₹138 to 146 per share.
What is Jay Bee Laminations IPO Lot Size?
Jay Bee Laminations IPO lot size is 1000 shares, Retail investors need a minimum investment of ₹292000 based on the upper price band
What is the minimum investment for Jay Bee Laminations IPO?
The minimum investment for Jay Bee Laminations IPO is ₹292000, based on one lot of 1000 shares at the upper price band of ₹146 per share.
How to apply for Jay Bee Laminations IPO?
Investors can apply for the Jay Bee Laminations IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 29, 2024. The application amount remains blocked until the Jay Bee Laminations IPO allotment is finalized.
What is Jay Bee Laminations IPO Issue Size?
Jay Bee Laminations IPO issue size is ₹88.96 crores.
What is the Jay Bee Laminations IPO Allotment Date?
Jay Bee Laminations IPO allotment date is Fri, Aug 30, 2024.
Who is the Jay Bee Laminations IPO Registrar?
The registrar for Jay Bee Laminations IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Jay Bee Laminations IPO allotment status, refund processing, and other IPO-related information.
What is the Jay Bee Laminations IPO GMP?
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 107.53% over the issue price.
Who is the Jay Bee Laminations IPO Lead Manager?
The book-running lead managers (BRLMs) for the Jay Bee Laminations IPO are Swaraj shares and securities private limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Jay Bee Laminations IPO Red Herring Prospectus (RHP).