
Capital Goods / Electrical Equipment · NSE
Jay Bee Laminations Ltd, established in 1988, specializes in supplying Cold Rolled Grain Oriented (CRGO) and Cold-Rolled Non-Grain-Oriented (CRNGO) steel cores for transformers, UPS systems, and inverters in the power industry. The company manufactures a wide range of products, including electrical laminations, slotted coils, and assembled cores. Its 10,878-square-meter production facility is equipped with advanced machinery for cutting, slitting, assembling, and testing electrical steel cores, along with an in-house laboratory for material testing and a tooling department for blade sharpening. Serving transformer manufacturers up to the 220 kV class, the company utilized 84% of its installed capacity as of December 31, 2023. With a strong customer base in the power and distribution transformer sector (ranging from 11 kV to 220 kV), Jay Bee Laminations employed 277 people as of March 31, 2024.
Price Band
₹138 – ₹146
Issue Size
₹88.96 Cr
Lot Size
1000 shares
GMP
+107.5%
Est. Listing
₹303
at current GMP
Subscribed
120.32x
overall
Open
27 Aug 2024
Close
29 Aug 2024
Allotment
30 Aug 2024
Refund
31 Aug 2024
Demat Credit
1 Sep 2024
Listing
3 Sep 2024
Overall Subscription
120.32x
Total Demand
QIB Multiplier
72.35x
Institutions & Funds
NII / HNI
231.53x
High Net-Worth
Retail (RII)
99.86x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 1,140,000 | 82,479,000 | 72.35x |
| NIB | 872,000 | 201,891,000 | 231.53x |
| RETAIL | 2,066,000 | 206,315,000 | 99.86x |
| Total | 4,078,000 | 490,685,000 | 120.32x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,133 | 213,001 | 99.86x |
| HNIs (10L +) | 14 | 3,241 | 231.53x |
| HNIs (2-10L) | 65 | 15,049 | 231.53x |
| Total Applications | 2,212 | 231,291 | 104.56x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Jay Bee Laminations Limited is bringing an initial public offering (IPO) in the Capital Goods / Electrical Equipment sector with an aggregate issue size of ₹88.96 Crores. The shares are offered at a price band of ₹138 to ₹146 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-08-29, the basis of allotment is scheduled to be finalized on 2024-08-30. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Jay Bee Laminations Limited IPO is ₹157 per equity share. Based on the upper price band of ₹138 to ₹146 per equity share, the estimated listing price is ₹303 (+107.5% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹157, the expected profit per application lot is approx ₹1,57,000 (+107.5% gain). Minimum application cost is approx ₹1,46,000.
The Jay Bee Laminations Limited IPO aggregate issue size is ₹88.96 Crores with an equity price band set at ₹138 to ₹146 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,46,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 120.32x (Retail: 99.86x, QIB: 72.35x, NII: 231.53x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-08-30. Investors can verify status using PAN card or application number.
Jay Bee Laminations Limited shares are scheduled to list on NSE on 2024-09-03.