Jyoti CNC Automation IPO opens next week. GMP, price, other details of upcoming IPO

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Jyoti CNC Automation IPO: The initial public offering (IPO) of Jyoti CNC Automation Ltd is going to hit the primary market on 9th January 2024 i.e. on Tuesday next week. The CNC machines maker company has fixed the Jyoti CNC Automation IPO price band at ₹315 to ₹331 per equity share.

The book build issue will remain open for subscribers till 11th January 2024. This means the public issue will remain open from Tuesday to Thursday next week. Jyoti CNC Automation IPO has made its debut in the grey market as well.

As per the stock market observers, shares of Jyoti CNC Automation Ltd are available at a premium of ₹82 in the grey market today. Also Read: Buy or sell: Sumeet Bagadia recommends three stocks to buy next week 1] Jyoti CNC Automation IPO GMP today: Shares of Jyoti CNC Automation Ltd are available at a premium of ₹82 in the grey market today. 2] Jyoti CNC Automation IPO price: The CNC machines maker company has fixed the price band of this book build issue at ₹315 to ₹331 per equity share.

Also Read: Top 10 chemical stocks that could benefit from booming EV battery supply chain 3] Jyoti CNC Automation IPO date: The public issue will open on 9th January 2023 and it will remain open till 11th January 2024. 4] Jyoti CNC Automation IPO size: The automotive company aims to raise ₹1,000 crore via the issuance of fresh shares. 5] Jyoti CNC Automation IPO lot size: A bidder will be able to apply in lots and one lot of the book build offer comprises 45 company shares.

Also Read: Why Tata Power share price is skyrocketing in FY24 — explained with five crucial reasons 6] Jyoti CNC Automation IPO allotment date: In the wake of the T+3 listing schedule, share allocation is expected on 12th January 2024 i.e. on Friday next week.