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47% of IPO proceeds for repaying debt: Jyoti CNC Automation CMD

47% of IPO proceeds for repaying debt: Jyoti CNC Automation CMD
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Jyoti CNC Automation IPO price band fixed at Rs 315-331 per share Check details

Jyoti CNC Automation IPO will open for subscription on January 9. The IPO is worth up to Rs 1,000 crore and will be the first mainboard issue of the year. Investors can subscribe to a minimum of 45 shares in one lot and its multiples thereafter. The company is offering a discount of Rs 15 per equity share to eligible employees under the employee reservation portion.

Jyoti CNC Automation s Rs 1,000 crore IPO to open on Jan 9

Jyoti CNC Automation s Rs 1,000 crore IPO to open on Jan 9
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