Jyoti CNC Automation Limited

Jyoti CNC Automation Limited, incorporated in 1991, is a producer and provider of CNC machines. It’s an Indian-based company focusing on manufacturing and supplying CNC machines.

The product line includes CNC-turning milling centers, CNC horizontal machining centers, CNC turning centers, simultaneous 3-axis CNC machining centers, and multi-tasking machines.

Here, the clients of the business are Bharat Forge, Tata Advance System, Turkish Aerospace, Tata Sikorsky Aerospace, BrahMos Aerospace Thiruvananthapuram, Festo India, Elgi Rubber, Uniparts India, ISRO, Harsha Engineers, National Fittings, Rolex Rings, Shreeram Aerospace & Defense, and others.

The firm offers a large selection of CNC equipment, with 200 types across 44 series. During the last three fiscal years, the company has supplied more than 3000 clients, including those in North America, Europe, India, and some other regions of Asia.

Jyoti CNC Automation Limited has supplied approximately 30,000 machines worldwide since April 1, 2004.

The company has three manufacturing facilities, two of which are in Gujarat, Rajkot, and Strasbourg, with enough capacity to design, develop, and manufacture the brand’s whole range of products.

Jyoti CNC Automation Limited Financial Information (Amt. in crore)

Purpose of an IPO

• Repayment of certain borrowing of the company
• Common corporate purpose
• To meet the long-term working capital needs of the company

IPO Details