Contents
- 1 Understanding the Jay Bee Laminations IPO
- 2 Jay Bee Laminations IPO Details
- 3 Key Dates for Jay Bee Laminations IPO
- 4 Jay Bee Laminations IPO Allotment Process
- 5 IPO Lot Size
- 6 Jay Bee Laminations IPO Subscription Status
- 7 Objects of the Issue
- 8 Peer Group
- 9 Jay Bee Laminations IPO Registrar
- 10 Jay Bee Laminations IPO Lead Manager
- 11 Jay Bee Laminations Limited Contact
- 12 Jay Bee Laminations IPO Application Form PDF
- 13 Analyzing the Jay Bee Laminations IPO
- 14 FAQs
Jay Bee Laminations, a leading manufacturer of laminated bus bars, is set to launch its Initial Public Offering (IPO) soon. The Jay Bee Laminations IPO is expected to generate significant interest among investors looking to capitalize on the company’s growth potential. In this article, we will delve into the details of the Jay Bee Laminations IPO, including its date, allotment process, and key analyses.
Understanding the Jay Bee Laminations IPO
The Jay Bee Laminations IPO is a highly anticipated event in the Indian stock market. The company, which specializes in the production of laminated bus bars for various industries, aims to raise funds through this public offering. By going public, Jay Bee Laminations hopes to expand its operations, invest in new technologies, and strengthen its market position.
Jay Bee Laminations IPO Details
The Jay Bee Laminations IPO is set to open for subscription on August 27, 2024, and will close on August 29, 2024. The issue consists of a fresh issue of 45.7 lakh shares, aggregating to ₹66.72 crores, and an offer for sale of 15.23 lakh shares, aggregating to ₹22.24 crores. The total issue size is ₹88.96 crores.
The price band for the Jay Bee Laminations IPO has been fixed at ₹138 to ₹146 per share, with a face value of ₹10 per equity share. Investors can apply for a minimum of 1,000 shares, amounting to ₹146,000 at the upper end of the price band.
| Open Date | August 27, 2024 |
| Close Date | August 29, 2024 |
| IPO Size | Aggregating ₹88.96 crores through 60.93 lakh shares |
| Fresh Issue | 45.7 lakh Equity Shares |
| Face Value | ₹10 per share |
| IPO Price Band | ₹138 to ₹146 per share |
| IPO Listing on | NSE SME |
| Lot Size | 1000 Shares |
| OFS | 15.23 lakh shares, aggregating to ₹22.24 crores |
| Share Offered to Retail | 35% |
| Share Offered to QIB | 50% |
| Share Offered to HNI | 15% |
Key Dates for Jay Bee Laminations IPO
| Event | Date |
|---|---|
| IPO Opening Date | August 27, 2024 |
| IPO Closing Date | August 29, 2024 |
| Allotment Date | August 30, 2024 |
| Initiation of Refunds | September 2, 2024 |
| Credit of Shares to Demat | September 3, 2024 |
| IPO Listing Date | September 4, 2024 |
Jay Bee Laminations IPO Allotment Process
The allotment of shares in the Jay Bee Laminations IPO will be done on a proportionate basis. The issue will be divided into various categories, with specific allocations for each:
- Qualified Institutional Buyers (QIBs): Not more than 50% of the net offer
- Non-Institutional Investors (NIIs): Not less than 15% of the net offer
- Retail Individual Investors (RIIs): Not less than 35% of the net offer
The allotment of shares will be done on a proportionate basis within each category. If the demand in one category is lower than the allocated shares, the unsubscribed portion will be allocated to other categories.
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹146,000 |
| Retail (Max) | 1 | 1000 | ₹146,000 |
| HNI (Min) | 2 | 2,000 | ₹292,000 |
Jay Bee Laminations IPO Subscription Status
Jay Bee Laminations IPO subscription starts on August 21, 2024, To get live IPO subscription status data go to our IPO Subscription section and see any ongoing IPO Subscription Status.
Objects of the Issue
- To Meet Capital Expenditure;
- General Corporate Purpose.
Peer Group
- Vilas Transcore Limited
Jay Bee Laminations IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
SEBI Registration Number: INR000001385;
Address: Office No. S6 – 2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre,
Mahakali Caves Road, Andheri – East, Mumbai – 400093, Maharashtra, India;
Tel. Number: +91 22 6263 8200;
Fax Number: +91 22 6263 8299;
Email Id: ipo@bigshareonline.com;
Investors Grievance Id: investor@bigshareonline.com;
Website: www.bigshareonline.com
Jay Bee Laminations IPO Lead Manager
Swaraj Shares and Securities Private Limited
Principal Place of Business: Unit No 304, A Wing, 215 Atrium, Near Courtyard Marriot, Andheri
East, Mumbai – 400093, Maharashtra, India
Contact Person: Mr. Tanmoy Banerjee/ Ms. Pankita Patel
Contact Number: +91-22-69649999
Email Address: ipo@swarajshares.com
Jay Bee Laminations Limited Contact
Jay Bee Laminations Limited
26/36, Upper Ground Floor,
East Patel Nagar New Delhi Patel Nagar East,
Central Delhi, New Delhi -110008
Phone: +91-9870403729
Email: investor@jaybeelaminations.co.in
Website: http://www.jaybeelaminations.co.in/
Jay Bee Laminations IPO Application Form PDF
To download the  Jay Bee Laminations IPO application form Check out the Application Form Download ASBA IPO Forms PDF.
Analyzing the Jay Bee Laminations IPO
To make an informed decision about investing in the Jay Bee Laminations IPO, it’s essential to analyze the company’s financials, growth prospects, and industry outlook.
Financial Performance
Jay Bee Laminations has shown consistent growth in its financial performance over the past few years. The company’s revenue and profit have been steadily increasing, indicating a strong business model and efficient operations.
| Particulars | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Revenue | ₹30,349.56 Cr | ₹24,748.86 Cr | ₹14,167.39 Cr |
| Net Profit | ₹1,935.27 Cr | ₹1,360 Cr | ₹571.63 Cr |
| Net Worth | ₹6,281.44 Cr | ₹4,346.17 Cr | ₹2,986.17 Cr |
KPI Of Jay Bee Laminations Limited
The key financial performance indicators for your company for the financial years ending March 31, 2023, and 2024:
| Financial Metric | 2024 | 2023 |
|---|---|---|
| Revenue from Operations (₹ Lakhs) | 30,290.97 | 24,666.47 |
| Gross Profit (₹ Lakhs) | 5,291.76 | 3,944.33 |
| Gross Profit Margin (%) | 17.47% | 15.99% |
| EBITDA (₹ Lakhs) | 3,269.60 | 2,334.56 |
| EBITDA Margin (%) | 10.79% | 9.46% |
| PAT (₹ Lakhs) | 1,935.27 | 1,360.00 |
| PAT Margin (%) | 6.39% | 5.51% |
| Net Cash from Operating Activities (₹ Lakhs) | 1,576.65 | 508.72 |
| Net Worth (₹ Lakhs) | 6,281.44 | 4,346.17 |
Industry Outlook
The laminated bus bar industry is expected to grow significantly in the coming years, driven by factors such as increasing demand from the power, automotive, and electronics sectors. Jay Bee Laminations is well-positioned to capitalize on this growth, thanks to its strong market presence and technological capabilities.
Competitive Advantages
Jay Bee Laminations has several competitive advantages that set it apart from its peers:
- Diversified Product Portfolio: The company offers a wide range of laminated bus bars catering to various industries.
- Strong Customer Relationships: Jay Bee Laminations has established long-term relationships with major players in the power, automotive, and electronics sectors.
- Technological Edge: The company invests in advanced technologies to improve efficiency and product quality.
Risks and Concerns
As with any investment, the Jay Bee Laminations IPO is not without risks and concerns. Investors should carefully consider factors such as:
- Industry Competition: The laminated bus bar industry is highly competitive, and Jay Bee Laminations faces competition from both domestic and international players.
- Dependence on Key Customers: A significant portion of the company’s revenue comes from a few key customers, making it vulnerable to changes in their demand patterns.
- Raw Material Price Fluctuations: Fluctuations in the prices of raw materials, such as copper and aluminium, can impact the company’s profitability.
Conclusion
The Jay Bee Laminations IPO presents an exciting opportunity for investors to participate in the growth story of a leading manufacturer of laminated bus bars. By analyzing the company’s financials, industry outlook, and competitive advantages, investors can make an informed decision about investing in this public offering. However, it’s essential to carefully consider the risks and concerns associated with the IPO before making an investment decision.
FAQs
The price band for the Jay Bee Laminations IPO has been fixed at ₹138 to ₹146 per share.
Investors can apply for a minimum of 1,000 shares, amounting to ₹146,000 at the upper end of the price band.
The Jay Bee Laminations IPO shares are expected to be listed on the NSE SME on September 4, 2024.
You can check your allotment status using your Application Number or PAN on the websites of the stock exchanges (NSE and BSE) and the company’s registrar.
Key risks include industry competition, dependence on key customers, and raw material price fluctuations.
