IPO - Check IPO Date, Price, Lot Size

Jay Bee Laminations Ltd IPO

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.

Jay Bee Laminations Ltd IPO Details

Total Shares Offered

₹ 60,93,000

Offer to Public

15,23,000

Retail Max (Shares)

₹ 20,66,000

Pre Issue Promoters Holding

₹ 1,74,57,600

Exchange

NSE

Issue size

₹ 88.96 Cr

IPO Open Date

Aug 27, 2024

Close Date

Aug 29, 2024

Lot Size

1000

Min Investment

₹ 1,38,000

Issue Type

Book Building - SME

Listing Date

Sep 3, 2024

Jay Bee Laminations Ltd IPO Dates

Aug 27, 2024

Opening date

Aug 29, 2024

Closing date

Aug 30, 2024

Basis of Allotment

Sep 2, 2024

Initiation of Refunds

Sep 2, 2024

Credit of Shares

Sep 3, 2024

Listing date

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*
QIB	0x	2850000
NII	0x	872000
Retail	0x	2066000
Employee	0x	0
Total	0x	6093000

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

2850000

872000

2066000

6093000

Jay Bee Laminations Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	36.80	26.21	19.16
EBITDA	39.26	27.49	20.11
PAT	25.39	19.36	13.60
Total Assets	190.82	122.59	99.58
Share Capital	22.57	18.00	3.00
Total Borrowings	52.78	36.54	32.55
Operating Activities (Net Cash)	27.85	20.64	14.55
Investing Activities (Net Cash)	6.61	1.07	3.70
Financing Activities (Net Cash)	52.78	36.54	32.55
Net Cashflow	1.84	5.72	8.23

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.

Peer Comparison:

No Listed Industry Peers

Jay Bee Laminations Ltd 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.

How To Apply for Jay Bee Laminations Ltd IPO Online?

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Go through the IPO details like lot size, price band, about the company, etc.

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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.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Jay Bee Laminations Ltd IPO?

Jay Bee Laminations Ltd's IPO offers shares for up to 66.72 It begins on Aug 27, 2024 and ends on Aug 29, 2024.

What is the price of the Jay Bee Laminations Ltd IPO?

The price of Jay Bee Laminations Ltd IPO ranges between ₹138 to ₹146 per share.

What are the open and close dates for the Jay Bee Laminations Ltd IPO?

The Jay Bee Laminations Ltd IPO opens on Aug 27, 2024 and closes on Aug 29, 2024.

When will the Jay Bee Laminations Ltd IPO be allotted?

The allotment for the Jay Bee Laminations Ltd IPO will be finalised on Aug 30, 2024. The shares will be listed on BSE and NSE on Sep 3, 2024.

What is the minimum lot size required for Jay Bee Laminations Ltd IPO?

The minimum lot size for Jay Bee Laminations Ltd IPO is 1000 shares, priced between ₹138 to ₹146 per share.

What is the GMP of Jay Bee Laminations Ltd IPO?

The GMP (Grey Market Premium) of Jay Bee Laminations Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Jay Bee Laminations Ltd IPO?

To check the allotment status of Jay Bee Laminations Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Jay Bee Laminations Ltd IPO getting listed?

The Jay Bee Laminations Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 27, 2024, and closes on Aug 29, 2024. The allotment is finalised on Aug 30, 2024.

How do you apply for the Jay Bee Laminations Ltd IPO?

To apply for the Jay Bee Laminations Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.