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Jay Bee Laminations IPO
Price Band
₹138.0–146.0
Issue Size
₹88.96 Cr
Lot Size
1,000 shares
Min Investment
₹146,000
GMP
+₹157.0 (107.53%)
Issue Price
₹146.0
Subject to Sauda
₹119300
Paid only if allotted
Jay Bee Laminations IPO AI Summary
- Jay Bee Laminations IPO is listed on NSE SME in the Iron & Steel Products sector.
- Price band: ₹138.0–₹146.0 per share, lot size 1,000 shares (min. investment ₹146,000).
- Subscription window: 27 Aug–29 Aug 2024, listing on 03 Sep 2024.
- Current GMP is +₹157.0 (107.53%), an estimated listing price of ₹303 — unofficial and can change daily.
Jay Bee Laminations Ltd is set to list on September 3, 2024, after an IPO with a price band of ₹138.0 to ₹146.0. The company has shown consistent revenue and profit growth over the past three years, with a strong focus on the power industry. Investors should consider the implications of the GMP and the company's financial health when evaluating this IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Jay Bee Laminations IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 29 Aug 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Jay Bee Laminations IPO Grey Market Premium (GMP) Today
GMP
+₹157.0
GMP %
+107.53%
Est. Listing
₹303.0
Updated: 25 Jul 2026 14:04
About the Company
Jay Bee Laminations Ltd was established in 1988 and is active in the supply of Cold Rolled Grain Oriented Silicon Steel (CRGO) Cores and Cold-Rolled Non-Grain-Oriented (CRNGO) Steel Cores. The company manufactures and supplies a range of products including electrical laminations, slotted coils and assembled cores in cold rolled grain oriented silicon steel and cold rolled non-grain oriented steel for applications in transformers, UPS and inverters for end use in the power industry. The company’s production facilities are equipped with all proprietary equipment for cutting, slitting, assembling and testing CRGO and CRNGO electrical steel cores and cover a total area of 10,878 square metres. The company also has its own laboratory for testing raw materials and finished products, as well as its own tooling department for sharpening blades. The current facilities are well equipped to serve customers who manufacture transformers up to 220 kV class. In addition, the company has utilised 84% of its installed capacity as of December 31, 2023. Jay Bee Laminations' customer base includes manufacturers producing transformers ranging from 11 kV to 220 kV, including power and distribution transformers. As of March 31, 2024, the company employed a total of 277 people.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 130.91 | 108.98 | 95.15 |
| Total Income | 303.50 | 247.49 | 141.67 |
| Profit After Tax | 19.35 | 13.60 | 5.72 |
| NET Worth | 62.81 | 43.46 | 29.86 |
| Reserves and Surplus | 44.82 | 40.46 | 26.86 |
| Total Borrowing | 24.16 | 31.43 | 26.93 |
Key Ratios
EPS
₹10.75
NAV
₹34.90
ROE
36.42%
ROCE
39.23%
RoNW
30.81%
P/B Value
4.18
P/E Ratio
13.58
Market Cap
₹329.49 Cr
PAT Margin
6.39%
Debt/Equity
0.38
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Vilas Transcore Limited | 65.1 | 14.48% | 36.19 | 12.82 | 12.82 |
| Jay Bee Laminations Limited This IPO | 34.9 | 30.81% | 19.32 | 10.75 | 10.75 |
Promoters
Munish Kumar Aggarwal, Mudit Aggarwal and Sunita Aggarwal
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding the working capital requirements 43.00 2 General Corporate Purposes 14.21
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹141.67 Cr in the year ending 31 Mar 2022, rising to ₹247.49 Cr by 31 Mar 2023, and further increasing to ₹303.50 Cr by 31 Mar 2024.
Profit Trend
Profit After Tax was ₹5.72 Cr for the year ending 31 Mar 2022, increasing to ₹13.60 Cr by 31 Mar 2023, and further rising to ₹19.35 Cr by 31 Mar 2024.
Valuation
At the issue price of ₹146.0, Jay Bee Laminations has an implied P/E ratio of 13.58, compared to peers trading at a P/E range of 19.32 to 36.19.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the expected listing gain of an IPO based on unofficial trading before the stock is listed. A positive GMP suggests that investors anticipate the stock will list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment strategy and risk tolerance. Consider the company's growth potential and market position.
Who May Want to Wait
Investors who prefer stable, established companies with lower risk profiles may want to avoid IPOs like this, which can be more volatile and speculative.
IPO Timeline, Explained
The IPO opens for subscription on August 27, 2024, and closes on August 29, 2024. Allotment will be finalized on August 30, 2024, with the listing date set for September 3, 2024.
Listing Gains — The Risk
Listing gains can be unpredictable. While a positive GMP suggests potential gains, market conditions and investor sentiment on the listing day can significantly affect the stock's performance.
This evaluation is generated from Jay Bee Laminations's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Jay Bee Laminations IPO GMP today?
Jay Bee Laminations IPO GMP today is +₹157.0 (107.53%), indicating an estimated listing price of ₹303. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Jay Bee Laminations IPO?
The price band of Jay Bee Laminations IPO is ₹138.0–₹146.0 per share.
When does Jay Bee Laminations IPO open and close?
Jay Bee Laminations IPO opens on 27 August 2024 and closes on 29 August 2024.
When does Jay Bee Laminations IPO list on the stock exchange?
Jay Bee Laminations IPO listed on 03 September 2024 at ₹303.0.
What is the lot size for Jay Bee Laminations IPO?
The lot size for Jay Bee Laminations IPO is 1000 shares, requiring a minimum investment of ₹146,000.
What is the lot size for this IPO?
The lot size for Jay Bee Laminations IPO is 1000 shares.
What is the minimum investment required?
The minimum investment required is ₹146,000.
What is the price band for the IPO?
The price band for the IPO is ₹138.0 to ₹146.0.
When is the listing date?
The listing date is September 3, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, indicating the expected price difference between the issue price and the listing price.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
27 Aug 2024
Close
29 Aug 2024
Allotment
30 Aug 2024
Listing
03 Sep 2024
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