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A wholly owned subsidiary and the investment banking arm of State Bank of India
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SBICAPS Successfully Completed a Marquee ` 1,000 crores IPO of Jyoti CNC Automation Limited

SBICAPS continues to dominate Indian Equity Capital Market space having successfully
completed more than 70 transactions raising ` 2.6 lakh crores for its clients since April 2020.

2024

Company Highlights

  • One of the world’s leading manufacturers of CNC machines with the third largest market share in India accounting approximately 10% in FY 2023 and twelfth largest market share globally in CY 2022
  • A prominent manufacturer of simultaneous 5-Axis CNC machines in India and a supplier of diverse portfolio of CNC machines
  • Diverse portfolio of CNC machines with focus on technology and ability to deliver innovative solutions bolstered by dedicated R&D facilities
  • Well diversified global customer base spread across end-user industries like aerospace & defense, auto & auto-components, general engineering, dies & moulds, EMS & others, and has supplied over 30,000 CNC machines globally
  • Vertically integrated operations enables customization and production efficiencies

Deal Summary

Issue Size 1,000 Crores
Issue Price 331
Issue Period Jan 9th – 11th, 2024

Subscription Details*

Overall 38.53 times
QIB 44.13 times
Non – Institutional 36.48 times
Retail 26.17 times
Employees 12.47 times

Listing Details

Issue Price 331
Listing Price ` 372
Listing Gain 12.3%

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