Jyoti CNC Automation sold its IPO in the price band of Rs 315-331 per share with a lot size of 45 shares, which was open for bidding between January 09 to January 11.
The Jyoti CNC Automation s shares are trading with a premium of Rs 45, down from 75 the previous day. The IPO was priced in the range of Rs 315-331 apiece. In the public offer, the retail portion was booked nearly 21 times, followed by NIIs at 19.31 times.
Jyoti CNC Automation IPO GMP today: The IPO is an entirely fresh issue of equity shares worth up to Rs 1,000 crore. The company has allocated 75 per cent of the total shares to qualified institutional buyers, 15 per cent for non-institutional investors, and the remaining 10 per cent for retail individual investors., Markets News, Times Now