Jay Bee Laminations Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Jay Bee Laminations Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹146
Per ShareLot Size
1000 Shares
Minimum Investment
₹1,46,000
Issue Size
₹88.96 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.69%
QIB Quota
49.24%
NII Quota
15.07%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Jay Bee Laminations Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
97%
Promoter Holding (Post-Issue)
70.61%
Issue Type
Book Building - SME
ISIN
INE0SMY01017
About the Company
Established in 1988, Jay Bee Laminations Limited, currently manufactures and supplies range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain-Oriented Steel for applications in transformers, UPS, and inverters, for end-use in power industry.
Industry Overview
Electricity distribution companies (DISCOMs) are the backbone of the country's power sector. Their poor financial health can have a ripple effect on the efficient functioning of the electricity generation and transmission sector. For India's growth momentum to stay intact, the efficient functioning of all three is crucial. According to International Monetary Fund (IMF) estimates, its gross domestic product (GDP) could grow by 6.3% in the fiscal year (FY) 2025. The Central Electricity Authority's (CEA) Optimal Generation Mix report for 2029-30 projects a peak electricity demand of 334.8 gigawatts (GW) and electrical energy requirement of 2,279.7 billion units (BU) for 2029-30. To meet this demand, India needs to add 777.1GW of capacity, including 251.7GW of coal and lignite, 292.7GW of solar photovoltaic, 99.9GW of wind and 53.8GW of hydro.
Company History
Our Company was originally incorporated as a Private Limited under the name "Jay Bee Laminations Private Limited" under the provisions of the Companies Act, 1956 and Certificate of Incorporation was issued by the Registrar of Companies, Delhi on March 22, 1988. Subsequently, the status of the Company was changed to public limited, and the name of our Company was changed to "Jay Bee Laminations Limited" vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of our Company held on October 23, 2023. The fresh certificate of incorporation consequent to conversion was issued on November 03, 2023, by the Registrar of Companies, Delhi. The Corporate Identification Number of our Company is U22222DL1988PLC031038.
Growth Strategy
- Focus on increasing our market share by expanding our manufacturing capacity at Unit-II.
- Targeting new products and customer segments.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY23 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Public offer of up to 60,93,000* equity shares of face value of Rs. 10.00/- each ("Equity Shares") of Jay Bee Laminations Limited, the "Issuer" for cash at a price of Rs. 146.00/- per equity share (including a premium of Rs. 136.00/- per equity share), the "Offer Price" aggregating to Rs. 88.96 crores* ("The Offer") comprising of a fresh issue of 45,70,000* equity shares of face value of Rs. 10.00/- each aggregating to Rs. 66.72 crores* (the "Fresh Issue") and an offer for sale of 15,23,000* equity shares of face value of Rs. 10.00/- each by the promoter selling shareholder ("Offer for Sale") aggregating to Rs. 22.24 crores* of which 3,05,000 equity shares of face value of Rs. 10.00/- each aggregating to Rs. 4.45* crores reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 57,88,000 equity shares aggregating to Rs. 84.50 crores* (the "Net Offer"). The issue and the net issue will constitute 27.00% and 25.65% respectively of the post issue paid up equity share capital of the company. *Subject to finalization of basis of allotment. The face value of the equity shares is Rs. 10.00/- each and the offer price Rs. 146.00/- is of 14.60 times the face value of equity shares.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Track record in the industry.
- Long Term relationship with suppliers.
- Strong operational and financial performance.
- Long Term relationship with Customers.
- Experienced Promoters supported by a strong management and execution team.
- The company has a history of net loss in the Fiscal Year 2021, and its anticipate increased expenses in the future. Any failures to increase its revenue sufficiently to keep pace with the company initiatives, investments, and other expenses could prevent it from achieving profitability or positive cash flow on a consistent basis in future periods.
- The company currently operate two manufacturing facilities, located at Noida & Greater Noida. Any slowdown or disruption in its manufacturing operations in any of the company's manufacturing facilities could have a material and adverse impact on its business operations and financial performance.
- The company does not have any long-term agreements with its customers. If its customers choose not to source their requirements from it or manufacture such products in-house, its business and results of operations may be adversely affected.
- If there are delays or if the costs of setting up and the possible time or cost overruns related to the expansion of the Unit-II or the purchase of plant and machinery for the said Unit-II are higher than expected, it could have a material adverse effect on its financial condition, results of operations and growth prospects.
- The company may not be able to sustain historical growth in its revenue from operations and profit for year in future periods which could have an adverse impact on its financial condition and results of operation.