FINANCE

OPENS:  09/01/24

-by Aviion Business

JYOTI CNC AUTOMATION LTD IPO

Jyoti CNC Automation Limited stands as a global leader in manufacturing metal-cutting CNC machines, securing the third-largest market share in India and the twelfth globally. With over two decades of expertise and a strong focus on R&D, they offer a wide array of CNC (Computer Numerical Control) machines catering to various industries such as aerospace, defense, automotive, and more.  

ABOUT:

The entire public offer of the company is a fresh issue of equity shares aggregating up to Rs 1000 crores.  

ISSUE SIZE:

FINANCIALS:

PARTICULARS

2023

2022

2021

Total Assets

EBITDA

Total Revenue

1386

1515

1286

952

15

(48)

97

72

(70)

31

750

590

Profit aft Tax

RISK FACTORS:

The company faces considerable debt obligations with a high debt-to-equity ratio and low debt-service coverage ratio, posing risks to liquidity and debt repayment. Historical losses and potential future losses may impede growth opportunities and limit actions such as dividend distributions. The company has previously experienced delays in submitting audited consolidated financial statements.  

GREY MARKET PREMIUM (GMP)

The Grey Market Premium of Jyoti CNC Automation LTD is around 30% as of 09/01/24

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