Jyoti CNC Automation lists with 12.39% premium on the BSE
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Jyoti CNC Automation has debuted at Rs 372.00 on the BSE, up by 41.00 points or 12.39% from its issue price of Rs 331.
The scrip is currently trading at Rs 422.20, up by 91.20 points or 27.55% from its issue price. It has touched a high and low of Rs 424.80 and Rs 370.05 respectively. So far 9.24 lakh shares were traded on the counter.
The offering, which was open for subscription between January 9, 2024 and January 11, 2024 was subscribed 38.53 times. The issue price was fixed at Rs 331 per share i.e. at upper end of price band of Rs 315-331 apiece.
Jyoti CNC Automation is one of the world’s leading manufacturers of metal cutting computer numerical control (CNC) machines.
