| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹88.96 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹88.96 Cr |
| Fresh Issue | ₹62.27 Cr |
| Offer for Sale | ₹22.24 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน138.00-146.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | JAYBEE |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Swaraj shares & securities... |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding the working capital requirements | 43.00 |
| 2 | General Corporate Purposes | 14.21 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 130.91 | 108.98 | 95.15 |
| Total Income | 303.50 | 247.49 | 141.67 |
| Profit After Tax | 19.35 | 13.60 | 5.72 |
| NET Worth | 62.81 | 43.46 | 29.86 |
| Reserves and Surplus | 44.82 | 40.46 | 26.86 |
| Total Borrowing | 24.16 | 31.43 | 26.93 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 36.42% |
| ROCE | 39.23% |
| Debt / Equity | 0.38% |
| RoNW | 30.81% |
| PAT Margin | 6.39% |
| Price to Book Value | 4.18 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 10.75 | 8.58 |
| P/E (x) | 13.58 | 17.03 |
| Promoter Holding | 97% | 70.61% |
| Market Cap | โน329.49 Cr. | |