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Jay Bee Laminations IPO GMP Today, Price Range, and Company Details

Jay Bee Laminations Limited IPO offers shares at ₹138 to ₹146 and has a GMP of ₹85. Available in 1000 share lots, the subscription window is open from August 27 to August 29, 2024.
Jay Bee Laminations IPO GMP Today, Price Range, and Company Details

As of August 26, 2024, Jay Bee Laminations Limited IPO has ₹85 as Grey Market Premium, with a price range from ₹138 to ₹146 per share. Offering lots of 1000 shares, the subscription window is open from August 27 to August 29, 2024.

Jay Bee Laminations Limited IPO GMP Today

The Grey Market Premium (GMP) for Jay Bee Laminations Limited is ₹85 as of August 26, 2024. This assessment coincides with a price from ₹138 to ₹146 per share for the IPO.

Jay Bee Laminations Limited IPO Review

Jay Bee Laminations Limited has shown substantial financial growth with revenue soaring from ₹14,125.12 lakhs in March 2022 to ₹30,290.97 lakhs by March 2024. Profit after tax and EPS have notably improved, suggesting enhanced profitability and earnings per share, reflecting a positive trend for investors.

The company’s financial health is robust with an increased total asset base and a higher inventory turnover ratio, indicating efficient operations. Additionally, a decreased debt-equity ratio and a rise in the current ratio demonstrate reduced debt reliance and improved liquidity, positioning the company for potential expansion.

To get a full IPO review, click here Jay Bee Laminations IPO

Jay Bee Laminations Limited IPO Date

Jay Bee Laminations Limited will start accepting subscriptions from August 27 to August 29, 2024.

Jay Bee Laminations Limited IPO Price

Jay Bee Laminations Limited’s price range is from ₹138 to ₹146 per share with a face value of ₹10 each.

Jay Bee Laminations Limited

Jay Bee Laminations Limited, established in 1988, specialises in manufacturing CRGO and CRNGO electrical steel cores, laminations, and slit coils for transformers and UPS. They serve manufacturers of 11kV to 220kV transformers, focusing on CRGO cores, crucial for reducing transmission losses and representing 25-30% of transformer costs, adhering to BIS standards in India.

How To Apply For Jay Bee Laminations Limited IPO?

To apply for the Jay Bee Laminations Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Jay Bee Laminations Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Jay Bee Laminations Limited IPO at Alice Blue in just a few clicks!

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