Jay Bee Laminations SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Jay Bee Laminations IPO. Explore Jay Bee Laminations IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Jay Bee Laminations Limited, established in 1988, is a manufacturer and supplier of Cold Rolled Grain Oriented (CRGO) and Cold Rolled Non-Grain Oriented (CRNGO) steel cores, primarily catering to the power industry. The company specializes in producing electrical laminations, slit coils and assembled cores used in transformers, UPS systems, and inverters. With two state-of-the-art manufacturing facilities in Uttar Pradesh, equipped with comprehensive in-house capabilities for slitting, cutting, assembling, and testing, Jay Bee Laminations is dedicated to delivering high-quality products that meet stringent industry standards. The company’s production facilities, covering a total area of 10,878 square meters, are designed to serve transformer manufacturers up to the 220 kV class.
Key Points:
- Core Products: Specializes in manufacturing electrical laminations, slit coils, and assembled cores made from CRGO and CRNGO steel for transformers, UPS systems, and inverters.
- Industry Application: Supplies critical components to manufacturers producing transformers ranging from 11 kV to 220 kV, supporting power and distribution transformer production.
- Manufacturing Capabilities: Operates two manufacturing units in Uttar Pradesh with a combined annual capacity of over 11,000 metric tonnes. Facilities include in-house slitting, cutting, assembling, and testing, along with a dedicated laboratory for quality control.
- Significance in Power Distribution: CRGO steel cores are vital for minimizing transmission and distribution losses in electrical grids, emphasizing the company’s importance in the power sector.
Objects of the Issue
- Funding the working capital requirements
- General Corporate Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 27 Aug - 29 Aug 2024 |
| IPO Price Band | ₹ 138 - 146 per share |
| Fresh Issue | 45,70,000 shares (₹ 66.72 crore) |
| Offer For Sale | 15,23,000 shares (₹ 22.24 crore) |
| Total IPO Size | Approx ₹ 88.96 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 27 Aug 2024 |
| IPO Closing Date | 29 Aug 2024 |
| Basis Of Allotment | 30 Aug 2024 |
| Refunds | 02 Sep 2024 |
| Demat Transfer | 02 Sep 2024 |
| IPO Listing Date | 03 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 75.28 | 141.67 | 247.49 | 303.50 |
| Total Expenses | 77.47 | 134.09 | 229.17 | 277.42 |
| Net Profit/Loss | -1.98 | 5.95 | 13.60 | 19.35 |
| NPM (*) | -2.64 | 4.21 | 5.51 | 6.39 |
| Total Assets | 55.95 | 95.15 | 108.98 | 130.91 |
| Total Liabilities | 31.80 | 65.29 | 65.51 | 68.10 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | -1.10 | 3.31 | 7.56 | 10.75 |
| ROE (%) | -7.86 | 21.76 | 37.10 | 36.42 |
| ROCE (%) | 0.68 | 21.10 | 34.55 | 39.23 |
| D/E Ratio | NA | 0.90 | 0.72 | 0.38 |
| Current Ratio | 1.78 | 1.44 | 1.70 | 1.85 |
| EBITDA MARGIN (%) | 1.67 | 8.70 | 9.46 | 10.79 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Jay Bee Laminations Limited | 302.90 | 13.58 | 10.75 | 30.81 | 34.90 |
| Vilas Transcore Limited | 309.75 | 36.19 | 12.82 | 14.48 | 65.10 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 72.35 |
| Non-Institutional Investor (NII/HNI) | 230.1 |
| Retail Individual Investor (RII) | 87.88 |
| Total | 113.95 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- MR. MUDIT AGGARWAL
- MR. MUNISH KUMAR AGGARWAL
- MS. SUNITA AGGARWAL
Lead Managers
- SWARAJ SHARES AND SECURITIES PRIVATE LIMITED
Company Address
Jay Bee Laminations Limited
26/36, Upper Ground Floor, East Patel Nagar New Delhi Patel Nagar East, Central Delhi, New Delhi -110008, Delhi, India
Phone: +91-9870403729
Email: investor@jaybeelaminations.co.in
Website: www.jaybeelaminations.co.in
FAQs
- What is the issue size of the Jay Bee Laminations SME IPO?The Jay Bee Laminations SME IPO has an issue size of Approx ₹ 88.96 crore. This includes a fresh issue of 45,70,000 shares (₹ 66.72 crore) and an offer for sale (OFS) of 15,23,000 shares (₹ 22.24 crore).
- What is the price band of the Jay Bee Laminations IPO?The price band for the Jay Bee Laminations IPO is ₹ 138 - 146 per share.
- What are the bidding dates for the Jay Bee Laminations IPO?The Jay Bee Laminations IPO will open for bidding on 27 Aug 2024 and close on 29 Aug 2024.
- What is the allotment date for the Jay Bee Laminations IPO?The allotment date for the Jay Bee Laminations IPO is 30 Aug 2024.
- What is the listing date for the Jay Bee Laminations IPO?The listing date for the Jay Bee Laminations IPO is 03 Sep 2024.
- What is the Jay Bee Laminations IPO grey market premium?The grey market premium (GMP) for the Jay Bee Laminations IPO is currently at ₹157, with an expected listing gain of approximately 107.53%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.