First IPO Of 2024 To Open On Jan 9. Here's All You Need To Know About Jyoti CNC Automation IPO

Jyoti CNC Automation IPO is a book-built issue of Rs 1,000.00 crores, comprising an entirely fresh issue of 3.02 crore shares. The subscription for Jyoti CNC Automation IPO commences on January 9, 2024, and concludes on January 11, 2024. The allotment results are expected to be declared on Friday, January 12, 2024. The IPO is scheduled to list on BSE and NSE, with a tentative listing date set for Tuesday, January 16, 2024. Priced between ₹315 to ₹331 per share, the Jyoti CNC Automation IPO requires a minimum lot size of 45 shares for application. Retail investors need a minimum investment of ₹14,895. For sNII, the minimum lot size is 14 lots (630 shares) with an investment of ₹208,530, and for bNII, it is 68 lots (3,060 shares) with an investment of ₹1,012,860.