Jay Bee Laminations Ltd

Jay Bee Laminations Ltd IPO

IPO Price Range: ₹138 - 146

Established in 1988, Jay Bee Laminations Limited, currently manufactures and supplies range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain-Oriented Steel for applications in transformers, UPS, and inverters, for end-use in power industry.

Min Investment

₹1,46,000

IPO Size

₹88 Cr

IPO Status

Closed

Quantity in 1 Lot

1000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Jay Bee Laminations Ltd

Open Date27 Aug 2024
Close Date29 Aug 2024
Allotment Date30 Aug 2024
Listing Date3 Sep 2024

Key Statistics

Bid Opening DateBid Opening Date27 Aug 2024
Bid Closing DateBid Closing Date29 Aug 2024
Allotment DateAllotment Date30 Aug 2024
Issue SizeIssue Size₹88.96Cr
Quantity in 1 lotQuantity in 1 lot1000

Strength and risks

Strength

Strength

  • Track record in the industry.

  • Long Term relationship with suppliers.

  • Strong operational and financial performance.

  • Long Term relationship with Customers.

  • Experienced Promoters supported by a strong management and execution team.

  • Quality Assurance.


Risk

Risk

  • The company has a history of net loss in the Fiscal Year 2021, and its anticipate increased expenses in the future. Any failures to increase its revenue sufficiently to keep pace with the company initiatives, investments, and other expenses could prevent it from achieving profitability or positive cash flow on a consistent basis in future periods.

  • The company currently operate two manufacturing facilities, located at Noida & Greater Noida. Any slowdown or disruption in its manufacturing operations in any of the companys manufacturing facilities could have a material and adverse impact on its business operations and financial performance.

  • The company does not have any long-term agreements with its customers. If its customers choose not to source their requirements from it or manufacture such products in-house, its business and results of operations may be adversely affected.

  • If there are delays or if the costs of setting up and the possible time or cost overruns related to the expansion of the Unit-II or the purchase of plant and machinery for the said Unit-II are higher than expected, it could have a material adverse effect on its financial condition, results of operations and growth prospects.

  • The company may not be able to sustain historical growth in its revenue from operations and profit for year in future periods which could have an adverse impact on its financial condition and results of operation.

  • Information relating to capacity utilization of its manufacturing facilities included in this Draft Red Herring Prospectus is based on various assumptions and estimates. Under-utilization of capacity of its manufacturing facilities and an inability to effectively utilize its manufacturing facilities may have an adverse effect on its business and future financial performance.

  • Demand for its products is related to growth and trends of the company end user industry. Decline in sales of its customers may adversely affect the demand for the companys products which in turn would adversely impact its business, financial condition, results of operations and prospects.

  • If the company customers dispute or default on their payment obligations to it, the company may be subject to adverse cash flows and may be required to spend significant amounts in recovering amounts due, in turn adversely impacting its cash flows, results of operations and future prospects.

  • The Restated Financial Statements were prepared by a peer-reviewed chartered accountant who is not the Companys statutory auditor, introducing potential differences in accounting standards and policies.

  • The company does not have long-term agreements with its suppliers for raw materials, and an inability to procure the desired quality, quantity of its raw materials in a timely manner and at reasonable costs, or at all, may have a material adverse effect on its business, results of operations, financial condition, and cash flows.

Promoters Holding

Investors Holdings %
Mudit Aggarwal6.07%
Munish Kumar Aggarwal76.69%
Sunita Aggarwal13.21%
MK Aggarwal HUF0.67%
Priya Gupta0.33%

About Jay Bee Laminations Ltd

OrganisationJay Bee Laminations Ltd
HeadquartersNew Delhi
IndustrySteel

Frequently Asked Questions

  • What is the size of the Jay Bee Laminations Ltd IPO?

    The size of the Jay Bee Laminations Ltd IPO is ₹88.96Cr .

  • What is 'pre-apply' for Jay Bee Laminations Ltd IPO?

    'Pre-apply' for Jay Bee Laminations Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Jay Bee Laminations Ltd IPO order be placed?

    Your Jay Bee Laminations Ltd IPO order will be placed on 27 Aug 2024.

  • What are the open and close dates of the Jay Bee Laminations Ltd IPO?

    The open and close dates of the Jay Bee Laminations Ltd IPO are 27 Aug 2024 to 29 Aug 2024.

  • What is the lot size and minimum order quantity of the Jay Bee Laminations Ltd IPO?

    The lot size and minimum order quantity of the Jay Bee Laminations Ltd IPO are 1000 and 1000 respectively.

  • What would be the listing gains on the Jay Bee Laminations Ltd IPO?

    The potential listing gains on the Jay Bee Laminations Ltd IPO will depend on various market factors and cannot be predicted with certainty.