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Jyoti CNC Automation s ₹1,000-crore IPO opens today: 12 important things from RHP about the issue

The initial public offering (IPO) of Jyoti CNC Automation opened today and will close on January 11, 2024. The CNC machines maker has fixed the IPO price band in the range of ₹315-331 per equity share.

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Jyoti CNC Automation IPO: Investors pick Rs 448 crore shares via anchor book

Jyoti CNC Automation IPO | The fund raising was a day before the issue opening on January 9. The closing day for the offer will be January 11.

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Jyoti CNC Automation sets Rs 315-331 price band for Rs 1,000-cr IPO opening Jan 9

The Jyoti CNC Automation IPO will be the first public issue as well as the first listing in the current calendar year 2024.

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

The company had filed its draft red herring prospectus (DRHP) with the market regulator in September 2023. The IPO is completely a fresh issue worth Rs 1,000 crore. The price band for the public offer will be announced soon. The share allotment for the IPO will be finalised on January 12 and the listing date is fixed as January 16.

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