The shares of Jyoti CNC Automation will debut on the exchanges on Tuesday — a first mainboard IPO listing of the year. Ahead of the listing, the company’s shares are trading at a premium of Rs 41 in the unlisted market. Considering the upper price band of Rs 331, the stock is expected to list … Read more
The GMP of Jyoti CNC Automation fell sharply in the unlisted market on Thursday despite a robust response for the IPO. The issue was subscribed 12 times so far on the last day of the bidding process. The company’s shares are trading with a premium of Rs 45, down from 75 the previous day. The … Read more
The initial public offer (IPO) of Jyoti CNC Automation was subscribed 3.24 times so far on Wednesday, the second day of the bidding process. The issue closes tomorrow. The retail investors portion of the IPO was subscribed the most at 10 times, followed by non-institutional investors at 5.12 times. The QIB category was least subscribed … Read more
The initial public offering (IPO) of Jyoti CNC Automation will kick-start the primary market activity next week. The issue will open for subscription on January 9 and close on January 11. The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. Jyoti CNC Automation is one of the … Read more
