How To Check Jyoti CNC IPO Allotment Status

The Jyoti CNC Automation IPO share allotment is scheduled to be finalized soon, with the IPO subscription status reaching 38.53 times on the third day of the subscription period.

To check the Jyoti CNC Automation IPO allotment status, investors can follow these steps:

Checking Allotment Status on Registrar's Website:

Here is a step-by-step guide to checking Jyoti CNC IPO allotment status

  1. Visit the registrar’s website.
  2. Click on ‘Select Company' and choose ‘Jyoti CNC Automation'.
  3. Input your PAN, application number, DP/Client ID, or Account number/IFSC.
  4. Enter the captcha.
  5. Click on submit

Checking Allotment Status on BSE Website:

Alternatively, you can check the Jyoti CNC IPO allotment status on the BSE website:

  1. Visit the official BSE website’s allotment page
  2. Under ‘Issue Type,’ select ‘Equity.’
  3. Choose the IPO from the drop-down list under ‘Issue Name.’
  4. Enter PAN or application number.
  5. Submit the details to check the allotment status.

If all the details are entered correctly and the allotment has been finalised your Jyoti CNC IPO allotment status will show up.

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Jyoti CNC Automation IPO Overview: Qualified institutional buyers (QIBs) were the most active participants, subscribing 44.13 times the allotted quota. Retail investors subscribed 26.1 times, and high net-worth individuals (HNIs) subscribed 36.4 times their allotted quota.

The ₹1,000 crore Jyoti CNC Automation IPO consists entirely of a fresh issue of 3.02 crore shares. Before the IPO, the company raised ₹447.75 crore from 37 anchor investors, including prominent names like Goldman Sachs, Nomura Funds, Natixis International Funds, Neuberger Berman, and others.

Jyoti CNC Automation is a Rajkot-based manufacturer and supplier of computer numerical control (CNC) machines, playing a crucial role in manufacturing by controlling the movement of factory machinery and tools through software.

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Posted In: NewsIPOsJyoti CNC Automation