The opening day for Jay Bee Laminations’ IPO is August 27. Using an IPO, Jay Bee Laminations, an SME, hopes to raise ₹88.96 crores. The market lot for Jay Bee Laminations’ initial public offering (IPO) is 1000 shares, with a price range of ₹138 to ₹146. In 1988, Jay Bee Laminations Limited was founded. For use in transformers, UPSs, and inverters in the power sector, the company produces and distributes electrical laminations, slit coils, and complete cores made of cold-rolled grain-oriented silicon steel and cold-rolled non-grain-oriented steel.
Jay Bee Laminations IPO Details
| IPO Open Date: | Tuesday, August 27, 2024 |
| IPO Close Date: | Thursday, August 29, 2024 |
| Face Value: | ₹10 per share |
| IPO Price Band: | ₹138 to ₹146 per share |
| Issue Size: | 6,093,000 shares(aggregating up to ₹88.96 Cr) |
| Fresh Issue: | 4,570,000 shares(aggregating up to ₹66.72 Cr) |
| Offer for Sale: | 1,523,000 shares of ₹10(aggregating up to ₹22.24 Cr) |
| Issue Type: | Book Built Issue IPO |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 33.91 % |
| QIB Quota: | Not more than 18.71% |
| NII Quota: | Not more than 14.31% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Jay Bee Laminations IPO Market Lot
| Category | Minimum Lot Size | Shares | Application Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹1,46,000 |
| Retail Maximum | 1 | 1000 | ₹1,46,000 |
| S-HNI Minimum | 2 | 2000 | ₹2,92,000 |
| B-HNI Minimum | – | – | ₹ |
Jay Bee Laminations IPO Dates:
- IPO Open Date: Tuesday, August 27, 2024
- IPO Close Date: Thursday, August 29, 2024
- Basis of Allotment: Friday, August 30, 2024
- Initiation of Refunds: Monday, September 2, 2024
- Credit of Shares to Demat: Monday, September 2, 2024
- Listing Date: Tuesday, September 3, 2024
ABOUT: Jay Bee Laminations:
Jay Bee Laminations is a manufacturer and supplier of a range of products including electrical sheets, slit coils, and composite cores made from Cold Rolled Grain Oriented (CRGO) Silicon Steel and Cold Rolled Non-Grain Oriented (CRNGO) Steel. These products are primarily used in transformers, UPS systems, and inverters in the power industry. The focus of this company is to supply CRGO magnetic steel cores to transformer manufacturers. These materials are sensitive to physical stress and shocks and therefore require a high level of expertise in manufacturing, handling, and processing which is essential for the safety and quality of the transformer. Due to stringent quality requirements, all transformer core raw materials imported, purchased, and sold in India must comply with the standards set by the Bureau of Indian Standards (BIS). The company’s production facility has its own facilities for cutting, slitting, assembling, and testing CRGO and CRNGO electromagnetic steel cores. It has a total area of 10,878 square meters. The company also has its own laboratory for testing raw materials and finished products, and a tooling department for sharpening blades.
Jay Bee Laminations Performance (in ₹ Crores).
| Year | Revenue | Assets | PAT |
|---|---|---|---|
| 2022 | 14,167.39 | 9,514,73 | 571.63 |
| 2023 | 24,748.86 | 10,897.58 | 1360 |
| 2024 | 30.349.56 | 13,091.32 | 1,935.27 |
Jay Bee Laminations IPO Valuation (FY2023):
- EPS: ₹57.96 per Equity Share
- P/E Ratio: N/A (not yet listed)
- RoNW: 23.48
- NAV: ₹246.82 per Equity Share
Jay Bee Laminations Peer Group
- The company’s only listed peer is Vilas Transcore Ltd ( with a P/E of 36.19).
Company Promoters:
- Munish Kumar Aggarwal
- Mudit Aggarwal, and
- Sunita Aggarwal
Lead Managers of Jay Bee Laminations
- NA
Jay Bee Laminations IPO Company Address
Jay Bee Laminations Limited
26/36, Upper Ground Floor,
East Patel Nagar, New Delhi, Patel Nagar East,
New Delhi, Central Delhi -110008
Call: (91-9870403729)
Jaybeelaminations.co.in/investor@
website- http://www.jaybeelaminations.co.in
Jay Bee Laminations IPO FAQs:
How did Jay Bee Laminations go public?
The Jay Bee Laminations initial public offering (IPO) comprises 6,093,000 equity shares with a face value of 10, which adds up to 88.96 crores. Priced per share, the issue is between 138 and 146. One thousand shares is the minimum order quantity.
On August 27, 2024, the IPO will start, and it will close on August 29, 2024.
The registrar for the IPO is Bigshare Services Pvt Ltd. The proposal is for the shares to be listed on NSE SME.
When will the IPO for Jay Bee Laminations open?
The dates of the Jay Bee Laminations initial public offering (IPO) are August 27, 2024, and August 29, 2024.
What is the Jay Bee Laminations IPO lot size?
1000 shares make up each IPO lot for Jay Bee Laminations, and a minimum of 146,000.
How may I apply for the Initial Public Offering (IPO) of Jay Bee Laminations?
You can apply online for the Jay Bee Laminations IPO with ASBA or UPI as your payment option. You can access the ASBA IPO application through your bank account’s net banking. Brokers who do not provide banking services are the ones who offer the UPI IPO application. Learn more about how to apply online for an IPO with ICICI Bank, HDFC Bank, SBI Bank, 5Paisa, Nuvama, Zerodha, and Upstox.
When is the allotment for Jay Bee Laminations’ IPO?
The finalization of the Basis of Allotment for Jay Bee Laminations IPO will be done on Friday, August 30, 2024, and the assigned shares will be credited to your demat account by Monday, September 2, 2024. Verify the Jay Bee Laminations allotment status for the IPO.
What is the Jay Bee Laminations’ IPO Listing date?
On September 3, 2024, Jay Bee Laminations will list for initial public ownership.