Jay Bee Laminations Ltd IPO
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Jay Bee Laminations Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 60.93 L | ₹ 15.23 L | ₹ 20.66 L | ₹ 174.58 L | NSE | ₹ 88.96 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 27 Aug, 24 | 29 Aug, 24 | 1000 | ₹ 1,38,000 | Book Building - SME | 03 Sep, 24 |
Jay Bee Laminations Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Steel - Medium |
| Sub Sector | Small |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 28.94x | 2850000 | 82479000 |
| NII | 231.19x | 872000 | 201594000 |
| Retail | 96.49x | 2066000 | 199346000 |
| Employee | 0x | 0 | 0 |
| Total | 79.34x | 6093000 | 483419000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Jay Bee Laminations Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 27.33 | 19.16 | 8.61 |
| EBITDA | 28.60 | 20.11 | 9.67 |
| PAT | 19.35 | 13.60 | 5.79 |
| Total Assets | 117.32 | 99.58 | 87.54 |
| Share Capital | 18.00 | 3.00 | 3.00 |
| Total Borrowings | 34.54 | 32.55 | 36.32 |
| Operating Activities (Net Cash) | 20.62 | 14.55 | 6.85 |
| Investing Activities (Net Cash) | 1.07 | 3.70 | 0.00 |
| Financing Activities (Net Cash) | 34.54 | 32.55 | 36.32 |
| Net Cashflow | 5.72 | 8.23 | 0.03 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Jay Bee Laminations Ltd
Our Company was originally incorporated as a Private Limited under the name Jay Bee Laminations Private Limited under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Delhi on March 22, 1988. Subsequently, the status of the Company was changed to public limited, and the name of our Company was changed to Jay Bee Laminations Limited vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on October 23, 2023. The fresh certificate of incorporation consequent to conversion was issued on November 03, 2023, by the Registrar of Companies, Delhi. The Corporate Identification Number of our Company is U22222DL1988PLC031038.
Electricity distribution companies (DISCOMs) are the backbone of the country's power sector. Their poor financial health can have a ripple effect on the efficient functioning of the electricity generation and transmission sector. For India's growth momentum to stay intact, the efficient functioning of all three is crucial. According to International Monetary Fund (IMF) estimates, its gross domestic product (GDP) could grow by 6.3% in the fiscal year (FY) 2025. The Central Electricity Authority's (CEA) Optimal Generation Mix report for 2029-30 projects a peak electricity demand of 334.8 gigawatts (GW) and electrical energy requirement of 2,279.7 billion units (BU) for 2029-30. To meet this demand, India needs to add 777.1GW of capacity, including 251.7GW of coal and lignite, 292.7GW of solar photovoltaic, 99.9GW of wind and 53.8GW of hydro.
Established in 1988, Jay Bee Laminations Limited, currently manufactures and supplies range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain-Oriented Steel for applications in transformers, UPS, and inverters, for end-use in power industry.
Peer Comparison:
- No Listed Industry Peers
Jay Bee Laminations Ltd IPO Key Points
Strengths
- Track record in the industry.
- Long Term relationship with suppliers.
- Strong operational and financial performance.
- Long Term relationship with Customers.
- Experienced Promoters supported by a strong management and execution team.
Risk
- The company has a history of net loss in the Fiscal Year 2021, and its anticipate increased expenses in the future. Any failures to increase its revenue sufficiently to keep pace with the company initiatives, investments, and other expenses could prevent it from achieving profitability or positive cash flow on a consistent basis in future periods.
- The company currently operate two manufacturing facilities, located at Noida & Greater Noida. Any slowdown or disruption in its manufacturing operations in any of the company's manufacturing facilities could have a material and adverse impact on its business operations and financial performance.
- The company does not have any long-term agreements with its customers. If its customers choose not to source their requirements from it or manufacture such products in-house, its business and results of operations may be adversely affected.
Strategy
- Focus on increasing our market share by expanding our manufacturing capacity at Unit-II.
- Targeting new products and customer segments.
- Track record in the industry.
- Long Term relationship with suppliers.
- Strong operational and financial performance.
- Long Term relationship with Customers.
- Experienced Promoters supported by a strong management and execution team.
How To Apply for Jay Bee Laminations Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.