Jyoti CNC Automation GMP falls sharply on last day despite strong response for IPO. Check subscription

Jyoti CNC Automation GMP falls sharply on last day despite strong response for IPO. Check subscription

The GMP of Jyoti CNC Automation fell sharply in the unlisted market on Thursday despite a robust response for the IPO. The issue was subscribed 12 times so far on the last day of the bidding process. The company’s shares are trading with a premium of Rs 45, down from 75 the previous day. The … Read more

Jyoti CNC Automation to launch Rs 1,000 crore-IPO on January 9. Check details

Jyoti CNC Automation to launch Rs 1,000 crore-IPO on January 9. Check details

The initial public offering (IPO) of Jyoti CNC Automation will kick-start the primary market activity next week. The issue will open for subscription on January 9 and close on January 11. The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. Jyoti CNC Automation is one of the … Read more