Brokers usually take bids until: Zerodha 4:45 PM, Groww 4:50 PM, Angel One and Upstox 5:00 PM (HNI 4:00 PM). Check the exact time with your broker or bank.
Total Issue Size
Fresh Issue + Offer For Sale
Fresh Issue (FI)
Proceeds go to the company
Offer For Sale (OFS)
Proceeds go to the existing investors
Repayment or prepayment of borrowings
-
Funding long term working capital requirements
-
General corporate purposes
-
(₹ in Crore)
Tap a bar to highlight a metric across periods and show its values.
Jyoti CNC Automation Limited, incorporated in 1991 and headquartered in Rajkot, Gujarat, is a manufacturer of metal cutting computer numerical control (CNC) machines. The company designs and produces turning centres, vertical machining centres and horizontal machining centres used across industries including aerospace, defence and automotive, and counts organizations such as ISRO, Turkish Aerospace and Bosch among its customers. The company operates three manufacturing facilities, two in Rajkot, Gujarat and one in Strasbourg, France, with a combined annual production capacity of over four thousand machines in India and around a hundred in France. It offers more than 200 machine variants across dozens of series and has supplied thousands of machines to thousands of customers across India, Europe, North America and parts of Asia. Jyoti CNC holds one of the largest market shares among CNC machine manufacturers in India and ranks among the larger players globally by volume. The company has invested heavily in research and development and in-house component manufacturing, and its offering spans the full range of metal cutting machine categories, positioning it to serve both domestic import-substitution demand and export markets in precision engineering.
Ahead of the issue, the company raised approximately Rs 448 crore from anchor investors at Rs 331 per share, with participation from marquee names including Goldman Sachs, Nomura Funds, ICICI Prudential Mutual Fund, Nippon Life India, Kotak Mahindra Trustee, Axis Mutual Fund, Canara Robeco Mutual Fund, HDFC Life Insurance and Bajaj Allianz Life Insurance, among others.
Source: RHP • Analysis provided for informational purposes
Last Updated: 17 July 2026, 5:30 AM
Strengths are not available
High leverage
The company carries a high debt to equity ratio, which could constrain financial flexibility and increase sensitivity to interest rate changes.
History of losses
The company has reported losses in prior fiscal years and there is no assurance it will sustain profitability going forward.
Delayed financial reporting
The company has previously delayed submission of audited consolidated financial statements, which could raise governance and compliance concerns.
Credit rating risk
The company's credit ratings could be downgraded, which may increase its cost of borrowing.
Recallable unsecured loans
A portion of the company's borrowings are unsecured loans that lenders could recall at short notice.
Lack of recurring orders
The company does not have long-term recurring annual or biannual orders from customers, creating revenue visibility risk.
Customer payment risk
Delays or defaults in customer payments could affect the company's cash flows and working capital position.
MUFG Intime India Private Limited
No financial information whatsoever published anywhere, within this website, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this website. The information on this website is based on information available as on date coupled with market perceptions.
You agree with the terms and conditions to use this website.
Grey-market disclaimer. GMP shown here is grey-market news only. We do not trade or deal in the grey market or subject-to rates, nor do we recommend trading in the grey market.
Not investment advice. IPO Nex is an information tool, not investment advice. We do not recommend buying or selling any securities. Always do your own research before applying to any IPO.
IPO Nex does not guarantee any listing gain or return. IPO investments are subject to market risks.
All times are IST.
© 2026 IPO Nex by Niota. All rights reserved.