Jay Bee Laminations Limited
Jay Bee Laminations IPO is a book built issue of ₹88.96 Cr (88,95,78,000). The issue is a combination of fresh issue of 45.70 Lakh (45,70,000) shares aggregating to ₹66.72 Cr (66,72,20,000) and offer for sale of 15.23 Lakh (15,23,000) shares aggregating to ₹22.24 Cr (22,23,58,000).
Jay Bee Laminations IPO bidding started from Aug 27, 2024 and ended on Aug 29, 2024. The allotment for Jay Bee Laminations IPO was finalized on Aug 30, 2024. The shares got listed on NSE on Aug 03, 2024.
Jay Bee Laminations IPO price band is set at ₹138 to ₹146 per share. The minimum lot size for an application is 1000 Shares. The minimum amount of investment required by retail investors is ₹1.38 Lakh (1,38,000).
Refer to Jay Bee Laminations IPO RHP for detailed information.
IPO date
Aug 27,2024 - Aug 29,2024
Listing Date
Aug 03,2024
Face value
₹10
Price Band
₹138 to ₹146 per share
Lot
₹1000 Shares
Total Issue Size
60.93 Lakh (60,93,000)
aggregating up to ₹88.96 Cr (88,95,78,000)
Fresh Issue
45.70 Lakh (45,70,000)
aggregating up to ₹66.72 Cr (66,72,20,000)
Offer for sale
15.23 Lakh (15,23,000)
aggregating up to ₹22.24 Cr (22,23,58,000)
Issue Type
Book Building
IPO Type
Listing At
NSE
Tue, Aug 27, 2024
IPO Open
Thu, Aug 29, 2024
IPO Close
Fri, Aug 30, 2024
Basis of Allotment
Mon, Sep 02, 2024
Initiation of Refunds
Mon, Sep 02, 2024
Credit of Shares to Demat
Sat, Aug 03, 2024
Listing
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 1,000 | ₹1.46 Lakh (1,46,000) |
Retail(Max) | 1 | 1,000 | ₹1.46 Lakh (1,46,000) |
HNI(Min) | 2 | 2,000 | ₹2.92 Lakh (2,92,000) |
Investor Category | Shares Offered |
---|---|
Offered to QIB | 11.40 Lakh (11,40,000) |
Offered to NII | 8.72 Lakh (8,72,000) |
Offered to RII | 20.66 Lakh (20,66,000) |
Offered to Anchor Investor | 17.10 Lakh (17,10,000) |
Jay Bee Laminations Ltd was established in 1988 and is active in the supply of Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores.
The company manufactures and supplies a range of products including electrical laminations, slotted coils and assembled cores in cold rolled grain oriented silicon steel and cold rolled non-grain oriented steel for applications in transformers, UPS and inverters for end use in the power industry.
The company’s production facilities are equipped with all proprietary equipment for cutting, slitting, assembling and testing CRGO and CRNGO electrical steel cores and cover a total area of 10,878 square metres. The company also has its own laboratory for testing raw materials and finished products, as well as its own tooling department for sharpening blades. The current facilities are well equipped to serve customers who manufacture transformers up to 220 kV class. In addition, the company has utilised 84% of its installed capacity as of December 31, 2023.
Jay Bee Laminations' customer base includes manufacturers producing transformers ranging from 11 kV to 220 kV, including power and distribution transformers.
As of March 31, 2024, the company employed a total of 277 people.
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: [email protected]
Website: http://www.jaybeelaminations.co.in/
The Promoters of the company are Mr. Munish Kumar Aggarwal, Mr. Mudit Aggarwal, and Mrs. Sunita Aggarwal.