Jay Bee Laminations Ltd 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.
Jay Bee Laminations IPO – Details
| IPO Opening Date | 27 August 2024 |
| IPO Closing Date | 29 August 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 60,93,000 Shares Worth ₹88.96 Crore Fresh Issue: 45,70,000 Shares Worth ₹66.72 Crore Offer For Sale: 15,23,000 Shares Worth ₹22.24 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹138 – ₹146 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Jay Bee Laminations IPO – Date Schedule
| IPO Open Date | 27 August 2024 |
| IPO Close Date | 29 August 2024 |
| Basis of Allotment | 30 August 2024 |
| Initiation of Refund | 02 September 2024 |
| Credit of Shares to Demat Account | 02 September 2024 |
| IPO Listing Date | 03 September 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 29, 2024 |
Jay Bee Laminations IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,46,000 |
| Retail (Max) | 1 | 1000 | ₹1,46,000 |
| HNI (Min) | 2 | 2000 | ₹2,92,000 |
Competitive Strengths
- 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.
Company Promoters
- Mr. Munish Kumar Aggarwal
- Mr. Mudit Aggarwal
- Mrs. Sunita Aggarwal
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 141.67 | 134.08 | 5.95 | 26.93 |
| 31 March 2023 | 247.48 | 229.16 | 13.60 | 31.43 |
| 31 March 2024 | 303.49 | 277.42 | 19.35 | 24.16 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 36.42% |
| ROCE | 39.23% |
| Debt/Equity | 0.38 |
| RoNW | 30.81% |
| P/BV | 4.18 |
| PAT Margin (%) | 6.39 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 10.75 | 8.58 |
| P/E (x) | 13.58 | 17.03 |
Object Of The Issue
- Funding our working capital requirements; and
- General Corporate Expenses.
Jay Bee Laminations IPO Promoter Holding
| Pre Issue Share Holding | 97.00% |
| Post Issue Share Holding | – |
Jay Bee Laminations IPO Prospectus
- Jay Bee Laminations IPO DRHP
- Jay Bee Laminations IPO RHP
Company Contact Information
| 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 Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/ipo_status.html |
Jay Bee Laminations IPO Lead Manager(s)
| 1. Swaraj shares and securities private limited |
Jay Bee Laminations IPO FAQs
| What is Jay Bee Laminations IPO? Jay Bee Laminations IPO is a SME IPO. The issue is priced at ₹138 and ₹146 per equity share. The IPO is to be listed on NSE SME. |
| When Jay Bee Laminations IPO will open? The IPO is to open on 27 August 2024 for QIB, NII, and Retail Investors. |
| What is Jay Bee Laminations IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Jay Bee Laminations IPO? You can apply Jay Bee Laminations IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Jay Bee Laminations IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Jay Bee Laminations IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Jay Bee Laminations IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Jay Bee Laminations IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Jay Bee Laminations IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Jay Bee Laminations IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Jay Bee Laminations IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Jay Bee Laminations IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Jay Bee Laminations IPO Size? Jay Bee Laminations IPO size is ₹88.96 Crore. |
| What is Jay Bee Laminations IPO Price Band? Jay Bee Laminations IPO Price Band is ₹138 – ₹146. |
| What is Jay Bee Laminations IPO Minimum and Maximum Lot Size for retail? The minimum bid is 1000 Shares with ₹1,46,000 amount while the maximum bid is 1000 Shares with ₹1,46,000. |
| What is the Jay Bee Laminations IPO Allotment Date? Jay Bee Laminations IPO allotment date is 30 August 2024. |
| What is the Jay Bee Laminations IPO Listing Date? Jay Bee Laminations IPO listing date is 03 September 2024. The IPO is to be listed on NSE SME. |
