Jay Bee Laminations IPO Details: The IPO date for Jay Bee Laminations has been set, with the offering opening on August 27 and closing on August 29. Jay Bee Laminations is launching an NSE SME IPO to raise ₹88.96 crores. The IPO price band is set between ₹138 and ₹146, with a minimum market lot of 1000 shares.
Founded in 1988, Jay Bee Laminations Limited specializes in the manufacturing and supply of electrical laminations, slit coils, and assembled cores made from Cold Rolled Grain Oriented Silicon Steel and Cold-Rolled Non-Grain Oriented Steel. These products are essential for transformers, UPS systems, and inverters in the power industry.
The company operates out of a facility spanning 10,878 square meters, equipped with in-house capabilities for slitting, cutting, assembling, and testing. They also have a dedicated laboratory for testing raw materials and finished goods, alongside a division for blade sharpening tools. Jay Bee Laminations prioritizes delivering CRGO electrical steel cores to transformer manufacturers, ensuring they meet all necessary quality standards set by the Bureau of Indian Standards (BIS). The quality of transformers heavily depends on the CRGO steel core, which accounts for 25-30% of their total cost.
Jay Bee Laminations IPO Objectives:
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 IPO Review (Apply or Not)
- Update soon
Jay Bee Laminations IPO Date & Price Band Details:
| IPO Open: | August 27, 2024 |
| IPO Close: | August 29, 2024 |
| IPO Size: | Approx ₹88.96 Crores, 6,093,230 Equity Shares |
| Fresh Issue: | Approx ₹66.72 Crores, 4,569,930 Equity Shares |
| Offer for Sale: | Approx ₹22.24 Crores, 1,523,300 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹138 to ₹146 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors in IPO: | Click Here |
Jay Bee Laminations IPO Lot Size:
The minimum market lot for the Jay Bee Laminations IPO is set at 1,000 shares, requiring an application amount of ₹146,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1000 | ₹146,000 |
| Retail Maximum | 1 | 1000 | ₹146,000 |
| S-HNI Minimum | 2 | 2000 | ₹292,000 |
Jay Bee Laminations IPO Timeline:
The Jay Bee Laminations IPO is scheduled to open on August 27 and will close on August 29. The allotment of shares is expected on August 30, with the IPO likely to be listed on September 3.
| 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 |
Jay Bee Laminations IPO GMP Today:
The latest Grey Market Premium (GMP) for the Jay Bee Laminations SME IPO stands at ₹45. Given the price band of ₹146.00, the estimated listing price for the IPO is ₹191 (the cap price plus today’s GMP). This suggests an expected percentage gain of approximately 30.82% per share.
Jay Bee Laminations Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹141.67 | ₹134.09 | ₹5.72 |
| 2023 | ₹247.49 | ₹229.17 | ₹13.60 |
| 2024 | ₹303.50 | ₹277.42 | ₹19.35 |
Jay Bee Laminations IPO Valuation – FY2024
Check Jay Bee Laminations IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹10.75 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 30.81% |
| Net Asset Value (NAV): | ₹34.90 per Equity Share |
Peer Group
- Vilas Transcore Limited
Company Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Mrs. Sunita Aggarwal
Jay Bee Laminations IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Jay Bee Laminations IPO Allotment Status
Check Jay Bee Laminations IPO allotment status on Bigshare website URL. Click Here
Jay Bee Laminations IPO Lead Managers aka Merchant Bankers
- Swaraj shares and securities private limited
Company Address
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
- What are the key dates for the Jay Bee Laminations IPO?
- IPO Open Date: August 27, 2024
- IPO Close Date: August 29, 2024
- Allotment Date: August 30, 2024
- Expected Listing Date: September 3, 2024
- What is the price band for the Jay Bee Laminations IPO?
- The price band is set between ₹138 and ₹146 per share.
- What is the minimum investment amount for the Jay Bee Laminations IPO?
- The minimum market lot is 1,000 shares, requiring an application amount of ₹146,000.
- What is the Grey Market Premium (GMP) for the Jay Bee Laminations IPO?
- As of August 22, 2024, the GMP is ₹45.
- What is the estimated listing price of the Jay Bee Laminations IPO?
- The estimated listing price is ₹191, based on the price band and the current GMP.
- What is the expected percentage gain or loss per share?
- The expected percentage gain per share is approximately 30.82%.
- What does Jay Bee Laminations Limited do?
- Jay Bee Laminations Limited manufactures and supplies electrical laminations, slit coils, and assembled cores made from Cold Rolled Grain Oriented Silicon Steel and Cold-Rolled Non-Grain Oriented Steel. These products are used in transformers, UPS systems, and inverters.
- What is the company’s facility like?
- The company operates a facility covering 10,878 square meters, equipped with in-house facilities for slitting, cutting, assembling, and testing. It also has a dedicated laboratory for testing raw materials and finished products.
- What are the company’s quality standards?
- Jay Bee Laminations prioritizes providing CRGO electrical steel cores that meet the quality standards established by the Bureau of Indian Standards (BIS). The quality of transformers heavily relies on these CRGO steel cores, which account for 25-30% of their total cost.
- How can I apply for the Jay Bee Laminations IPO?
- Investors can apply through their broker or financial institution, either online or offline, during the IPO subscription period.
