Jay Bee Laminations IPO will open for subscription from 27 August 2024. The company aims for an issue size of ₹88.96 Cr through this IPO.
Company Overview
| Full name | Jay Bee Laminations Limited |
| Sector | Capital Goods |
| Industry | Electrical Equipments |
| Company Website | https://www.jaybeelaminations.co.in/ |
About Company
Jay Bee Laminations manufactures and supplies a range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented (CRGO) Silicon Steel and Cold Rolled Non-Grain Oriented (CRNGO) Steel for applications in transformers, UPS, and inverters, for end-use in power industry. The company’s two (2) manufacturing units in NOIDA are spread across a total area of 10,878 sq mt. It also has an in-house laboratory for raw material and finished goods sample testing and an in-house tooling division for blade sharpening. Its current facilities are well-equipped to serve customers manufacturing transformers up to 220 kV class. As on December 31, 2023, the company’s capacity utilization stood at 84% of its installed capacity.
The company’s clientele encompasses manufacturers producing transformers in the range of 11kV to 220 kV class, spanning Power and Distribution transformers. The quality of these transformers relies significantly on the raw materials used in their manufacturing, with the CRGO steel core accounting for 25-30% of the transformer’s total cost depending on the size of the transformer.
The Objectives of the Issue
- Funding our working capital requirements; and
- General Corporate Expenses.
Jay Bee Laminations IPO Timetable
| IPO Opening date | 27 August 2024 |
| IPO Closing | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation Refund | 02 September 2024 |
| Credit to Demat Account | 02 September 2024 |
| Listing Date | 03 September 2024 |
Jay Bee Laminations IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹88.96 Cr – 6,093,000 shares |
| Fresh Issue | ₹66.72 Cr – 4,570,000 shares |
| Offer for sale | ₹22.24 Cr – 1,523,000 shares |
| Face value | ₹10 per share |
| Price Band | ₹138 to ₹146 per share |
| Lot size | 1000 Shares |
| Market Maker portion | 305,000 shares |
| Shareholding pre-issue | 17,997,600 |
| Shareholding post-issue | 22,567,600 |
| Listing Exchange | NSE SME |
Jay Bee Laminations IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹146,000 |
| Retail (Max) | 1 | 1000 | ₹146,000 |
| HNI (Min) | 2 | 2,000 | ₹292,000 |
Jay Bee Laminations Offer Documents
Jay Bee Laminations IPO Reservation Details
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Jay Bee Laminations Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 141.25 | 246.66 | 302.91 |
| Expenses | 134.09 | 229.17 | 277.42 |
| Net income | 5.72 | 13.60 | 19.35 |
Jay Bee Laminations Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 3.18 | 7.56 | 10.75 |
| PE ratio | – | – | 12.84 – 13.58 |
| RONW (%) | 19.14 | 31.29 | 30.81 |
| NAV | 16.59 | 24.15 | 34.90 |
| ROCE (%) | 21.29 | 34.55 | 39.23 |
| EBITDA (%) | 8.70 | 9.46 | 10.79 |
| Debt/Equity | 0.90 | 0.72 | 0.38 |
Company Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Mrs. Sunita Aggarwal
Promoter Holding
| Pre Issue Share Holding | 97.00% |
| Post Issue Share Holding |
Jay Bee Laminations Offer GMP Update
Coming Soon
Jay Bee Laminations IPO Subscription Update
Coming Soon
Bee Laminations IPO Allotment Status
Jay Bee Laminations IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Jay Bee Laminations IPO Listing Details
| Listing Date | 03 September 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | Coming Soon |
| Open | |
| Low | |
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| Last Trade |
Jay Bee Laminations Lead Manager(s)
SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
304, A Wing, 215 Atrium Near Courtyard Marriot,
Andheri Kurla Road, Andheri East, Mumbai – 400093
Maharashtra, India
Phone: +91-22-6964-9999
Email: compliance@swarajshares.com
Website: www.swarajshares.com
Jay Bee Laminations Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Jay Bee Laminations Contact Details
JAY BEE LAMINATIONS LIMITED
A 18, 19, 21, Phase II, NOIDA
Nagla Charandas, Gautam Buddha Nagar, Dadri – 201305, Uttar Pradesh
Phone: +91 9870403729
E-mail: investor@jaybeelaminations.co.in
Website: www.jaybeelaminations.co.in
Jay Bee Laminations IPO FAQs
What is Jay Bee Laminations offer size?
Jay Bee Laminations offer size is ₹ 84.08 – 88.96 crores.
What is Jay Bee Laminations offer price band?
Jay Bee Laminations public offer price is ₹ 138 – 146 per share.
What is the lot size of Jay Bee Laminations Offer?
Jay Bee Laminations offer lot size is 1,000 shares.
What is Jay Bee Laminations Offer GMP today?
Jay Bee Laminations IPO GMP today is ₹ 72 per share.
What is Jay Bee Laminations kostak rate today?
Jay Bee Laminations kostak rate today is ₹ NA per application.
What is Jay Bee Laminations IPO Subject to Sauda rate today?
Jay Bee Laminations Subject to Sauda rate today is ₹ 55,000 per application.
Final thoughts
Jay Bee Laminations IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
