Jay Bee Laminations Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,850,000 (47%) | — | ₹4,161 Cr |
| NII (HNI) | — | 872,000 (14%) | — | ₹1,273 Cr |
| Retail | — | 2,066,000 (34%) | — | ₹3,016 Cr |
| Market Maker | — | 305,000 (5%) | — | ₹45 Cr |
| Σ Total | — | 6,093,000 (100%) | — | ₹88,958 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,000 | ₹146,000 |
| Retail (Max) | 13 | 13,000 | ₹1,898,000 |
| S-HNI (Min) | 14 | 14,000 | ₹2,044,000 |
| B-HNI (Min) | 67 | 67,000 | ₹9,782,000 |
Financial Statements Amount in ₹ Lakhs
| Metric | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 30,350 | 24,749 | 14,167 |
| Profit After Tax | 1,935 | 1,360 | 572 |
| Net Worth | 6,281 | 4,346 | 2,986 |
| Total Assets | 13,091 | 10,898 | 9,515 |
| Reserves & Surplus | 4,482 | 4,046 | 2,686 |
| Total Borrowing | 2,416 | 3,143 | 2,693 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding our working capital requirements; and –
- General Corporate Expenses. –
Company Overview
Jay Bee Laminations Ltd was established in 1988 and is active in the supply of Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores.
The company manufactures and supplies a range of products including electrical laminations, slotted coils and assembled cores in cold rolled grain oriented silicon steel and cold rolled non-grain oriented steel for applications in transformers, UPS and inverters for end use in the power industry.
The company’s production facilities are equipped with all proprietary equipment for cutting, slitting, assembling and testing CRGO and CRNGO electrical steel cores and cover a total area of 10,878 square metres. The company also has its own laboratory for testing raw materials and finished products, as well as its own tooling department for sharpening blades. The current facilities are well equipped to serve customers who manufacture transformers up to 220 kV class. In addition, the company has utilised 84% of its installed capacity as of December 31, 2023.
Jay Bee Laminations' customer base includes manufacturers producing transformers ranging from 11 kV to 220 kV, including power and distribution transformers.
As of March 31, 2024, the company employed a total of 277 people.