Jay Bee Laminations Ltd

Jay Bee Laminations Ltd IPO

Jay Bee Laminations Ltd

₹1,38,000 /1000 sharesMinimum investment

IPO details

Minimum investment
₹1,38,000
Price range
₹138 - ₹146
Lot size
1,000
Issue size
88.96 Cr
Face value
10
IPO document

Subscription rate

Qualified Institutional Buyers0.00x
Non-Institutional Investor0.00x
Retail Individual Investor0.00x
Total75.49x
As of 29 Aug'24, 05:00 PM

Schedule

27 Aug 2024
IPO open date
29 Aug 2024
IPO close date
30 Aug 2024
Allotment date
30 Aug 2024
Funds unblock or debit
3 Sep 2024
Tentative listing date

About

Jay Bee Laminations is a manufacturer and supplier of various products, including electrical laminations, slit coils, and assembled cores crafted from cold-rolled grain-oriented (CRGO) silicon steel and cold-rolled non-grain-oriented (CRNGO) steel. These products are primarily used in transformers, UPS systems, and inverters in the power industry. The company operates two manufacturing units that are equipped and can handle slitting, cutting, assembling, and testing CRGO and CRNGO electrical steel cores. Currently, Jay Bee Laminations is more inclined towards supplying CRGO electrical steel cores to transformer manufacturers. The production of these materials requires a high degree of expertise due to their sensitivity to physical stresses, which is crucial for maintaining the safety and quality of the transformers.;
Founded in
1988
MD/CEO
Mr. Mudit Aggarwal
Parent organisation
Jay Bee Laminations Ltd

Jay Bee Laminations Financials

Revenue
Total Assets
Profit
All values are in ₹ Cr
141247303202220232024

Strengths & Risks

Strengths
Risks
Jay Bee Laminations has seen a consistent rise in its revenue from operations, which have increased from Rs 141.25 crore in FY22 to Rs 246.66 crore in FY23 to Rs 302.91 crore in FY24.
Jay Bee Laminations holds ISO 14001:2015 certification for environmental management systems and ISO 45001:2018 certification for occupational health and safety management systems.
The company places a high priority on quality control and safety in the distribution of their CRGO and CNRGO steel cores. Their efforts have resulted in a low rejection rate of cores by customers.
Jay Bee Laminations operates two manufacturing facilities, one each in Noida and Greater Noida. Any disruptions or slowdowns at either of these facilities could hurt the company’s financial performance.
The demand for Jay Bee Laminations' products is closely tied to the growth and trends of their user industries. A decline in sales at their customer end could lead to reduced demand for their products, negatively impacting the company’s business.
A substantial portion of Jay Bee Laminations' revenue from operations is generated from sales within India, making its business vulnerable to fluctuations in the country's economic conditions.
A significant share of the company's domestic sales, including those to Special Economic Zones (SEZ), are concentrated in the northern and southern regions of India. Any negative developments in the business environment in these markets can impact the business.
As of March 31, 2024, Jay Bee Laminations had total outstanding borrowings amounting to Rs 24.16 crore. Any inability to service or repay this debt on time could adversely impact the company’s business.

Application details

For Jay Bee Laminations IPO, eligible investors can apply as Regular.

Apply asPrice bandApply rangeLot size
Regular₹138 - ₹146₹2 - ₹5 Lakhs1000
High Networth Individual₹138 - ₹146₹2 - ₹5 Lakhs1000

Frequently Asked Questions