Jyoti CNC Automation IPO GMP History
Jyoti CNC Automation IPO has been listed on January 16, 2024 at a listing price of ₹370, against the issue price of ₹331 — a gain of ₹39 (+11.78%). The GMP peaked at ₹93 on 9 January 2024 and reached a low of ₹45 on 15 January 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Jyoti CNC Automation IPO raised ₹1000 Cr. through its IPO at a price band of ₹315 to ₹331 per share, with a lot size of 45 shares. The IPO was open for subscription from 09 Jan 2024 to 11 Jan 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:27 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 15 Jan 2024 | ₹ 45 | ▼ | 14% | — | — |
| 13 Jan 2024 | ₹ 52 | ▲ | 16% | — | — |
| 12 Jan 2024 | ₹ 48 | ▼ | 15% | — | — |
| 11 Jan 2024 | ₹ 50 | ▼ | 15% | — | — |
| 10 Jan 2024 | ₹ 83 | ▼ | 25% | — | — |
| 09 Jan 2024 | ₹ 93 | ▲ | 28% | — | — |
| 08 Jan 2024 | ₹ 77 | ▲ | 23% | — | — |
| 06 Jan 2024 | ₹ 67 | ▼ | 20% | — | — |
| 05 Jan 2024 | ₹ 85 | ▲ | 26% | — | — |
| 04 Jan 2024 | ₹ 60 | — | 18% | — | — |
Jyoti CNC Automation IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 09 Jan 2024
- Close 11 Jan 2024
- Allotment 12 Jan 2024
- Refund/credit 15 Jan 2024
- Listing 16 Jan 2024
Jyoti CNC Automation IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹331 |
|---|---|
| GMP-based estimate (pre-listing) | ₹376 (+13.6%) |
| Listing gain / loss | +₹39 per share |
| Listing date | 16 Jan, 2024 |
| Actual listing price | ₹370 (+11.78%) |
Is Jyoti CNC Automation IPO GMP reliable?
Grey market premium for Jyoti CNC Automation IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Jyoti CNC Automation IPO full review for a fundamentals-based assessment before making any grey market trades.
Jyoti CNC Automation IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Jyoti CNC Automation IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Jyoti CNC Automation IPO
Jyoti CNC Automation Limited was incorporated as AMB Engineering Company Private Limited in Gujarat on 17 January 1991. As per the F&S report, it is one of the world's leading makers of metal cutting computer numerical control (CNC) machines.
It had the third largest market share in India, about 10%, in Fiscal 2023, and the twelfth largest share globally, about 0.4%, in 2022. It is a prominent maker of simultaneous 5-axis CNC machines in India.
Its range includes CNC turning centres, turn mill centres, vertical machining centres and horizontal machining centres. Its registered office is at Metoda, Rajkot, Gujarat.
The IPO was Rs 1,000 crore and was entirely fresh issue. Rs 475.00 crore was planned for repaying borrowings and Rs 360.00 crore for long-term working capital.
Frequently asked
What is the GMP of Jyoti CNC Automation IPO?
The current Grey Market Premium (GMP) of Jyoti CNC Automation IPO is ₹ 45.
What is the Kostak Price of Jyoti CNC Automation IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Jyoti CNC Automation IPO is not available.
What is the Subject to Sauda Price of Jyoti CNC Automation IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Jyoti CNC Automation IPO?
Jyoti CNC Automation IPO listed on January 16, 2024 at ₹370, against the issue price of ₹331 — a gain of +11.78%.
How did the GMP of Jyoti CNC Automation IPO trend before listing?
The GMP of Jyoti CNC Automation IPO was falling in its final days before listing. The GMP peaked at ₹93 on 9 January 2024. View the day-wise table above for the complete GMP history.
Explore Jyoti CNC Automation IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
