- POSITIVE
Annual Revenue Jay Bee Laminations Mar-2026 Annual Revenue is Rs 550 Cr which is growth of 49.2% YoY.
- NEGATIVE
Annual Net Profit Jay Bee Laminations Mar-2026 Annual Net Profit is Rs 18 Cr which is growth of -28.1% YoY.

Jay Bee Lamination Ltd. was incorporated on March 22, 1988. The company manufactures and supplies a range of products, including electrical laminations, slit coils, and assembled cores made from Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel. These products are used in transformers, UPS systems, and inverters within the power industry.
| Bidding Dates |
|---|
| 27 Aug 2024 - 29 Aug 2024 |
| Subscription |
|---|
| 110.29x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹138,000 | 1 | 1 | 1000 | 2.0 M | ₹138 - ₹146 | 86.34 % | ₹273.2 M - ₹289.1 M | RHP DOC |
Jay Bee Laminations Ltd. IPO SUBSCRIPTION STATUS
29 Aug '24Jay Bee Laminations Ltd. IPO overall subscription rate was 110.29 times the total available shares
Jay Bee Laminations Ltd. IPO retail subscription rate was 129.95 times in the retail segment
Jay Bee Laminations Ltd. IPO non-institutional investor subscription rate was 306.63 times in the non-institutional investor category
Jay Bee Laminations Ltd. IPO Qualified Institutional Bidder subscription rate was 37.64 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
29 Aug 2024 (Day 4) | 129.95x | 306.63x | 37.64x |
28 Aug 2024 (Day 3) | 42.41x | 21.48x | 0x |
27 Aug 2024 (Day 2) | 10.68x | 4.14x | 0x |
Jay Bee Laminations Ltd. FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 193.5 | 3029.1 | 157.7 | 119.3 | 10.8% |
| FY23 | 136.0 | 2466.6 | 50.9 | 36.7 | 9.5% |
| FY22 | 59.5 | 1412.5 | 79.8 | 74.3 | 8.7% |
Jay Bee Laminations Ltd. IPO SUBSCRIPTION STATUS DETAILS
Jay Bee Laminations Ltd. had 2.0 M shares on offer
Jay Bee Laminations Ltd. IPO offer price was in the range ₹138 - ₹146
Jay Bee Laminations Ltd. IPO minimum Investment was ₹138000
Jay Bee Laminations Ltd. IPO issue size was ₹ 273.2 M - ₹ 289.1 M
Jay Bee Laminations Ltd. had a minimum lot size of 1000 Shares per application
Jay Bee Laminations Ltd. NUMBER OF SHARES ON OFFER
Jay Bee Laminations Ltd. IPO IMPORTANT DATES
| Issue Open Date | 27 Aug 2024 |
| Issue close Date | 29 Aug 2024 |
| Allotment Date | 30 Aug 2024 |
| Refund Date | 02 Sep 2024 |
| Demat Account Credit Date | 02 Sep 2024 |
| Listing Date | 03 Sep 2024 |
| Listing on Exchange(s) | NSE |
| Jay Bee Laminations Ltd. Allotment Status | Exchange |
Jay Bee Laminations Ltd. IPO subscription opened on 27 Aug 2024, and closed on 29 Aug 2024
IPO allotment for Jay Bee Laminations Ltd. was finalized on Friday, 30 Aug 2024
IPO listing for Jay Bee Laminations Ltd. was on NSE on Tuesday, 03 Sep 2024
Jay Bee Laminations Ltd. IPO LISTING GAINS
| Issue Price (adjusted) | 146.0 |
| Listing Open Price | 277.4 |
| Listing Close Price | 291.3 |
| Listing Gain% | 90.0% |
| Current Gain% | -34.0% |
Jay Bee Laminations Ltd. Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jay Bee Laminations Ltd. | 96.3 | 177.7 | 11.9 | -0.3 | 0.3 | 11 | 5.4 | 549.7 | 49.2 | 18.3 | -28.1 | 8.1 | -41.2 |
| Bharat Heavy Electricals Ltd. | 413.4 | 143931.1 | 59.2 | 0.1 | 4 | 6.1 | 2.1 | 34589.8 | 20.1 | 1600.3 | 199.7 | 7 | 739.4 |
| ABB India Ltd. | 6660.5 | 141141.6 | 47.2 | 10.4 | 21.3 | 12.2 | 13555.1 | 8.1 | 1668.3 | -10.9 | 141 | ||
| Hitachi Energy India Ltd. | 30735 | 136993.3 | 119.1 | 0.9 | 15 | 19.1 | 8.2 | 8387.6 | 30.2 | 987.8 | 157.3 | 258.1 | 127.7 |
| CG Power and Industrial Solutions Ltd. | 858 | 135183.1 | 108.1 | 4.4 | 10.5 | 15.1 | 9.5 | 12662.2 | 25.7 | 1206.3 | 23.8 | 7.9 | 24.7 |
| Siemens Ltd. | 3710 | 132120.7 | 40.3 | 1.2 | 7.2 | 19.9 | 12.9 | 25598.6 | 10.5 | 2751.6 | 1.3 | 92 | 33.7 |
Jay Bee Laminations Ltd. annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | CAGR 3 Yrs | CAGR 5 Yrs | Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 |
|---|---|---|---|---|---|---|---|---|---|
30.5% | 48.8% | 549.7 | 368.4 | 303.5 | 247.5 | 141.7 | 75.3 | ||
Operating Exp. Ann. | 32% | 47.5% | 513.9 | 324.5 | 271.3 | 223.2 | 128.8 | 73.7 | |
Operating Profit Ann. | 13.2% | 92.2% | 34.1 | 43 | 31.6 | 23.5 | 12.4 | 1.3 | |
OPM Ann. % | -13.2% | 30.2% | 6.20% | 11.67% | 10.41% | 9.48% | 8.77% | 1.66% | |
32% | 46.7% | 527.3 | 334 | 278.6 | 229.2 | 134.1 | 77.5 | ||
EBITDA Ann. | 13.8% | 86.2% | 35.8 | 43.9 | 32.2 | 24.3 | 12.9 | 1.6 | |
EBITDA Ann. margin % | -12.8% | 25.8% | 6.51% | 11.92% | 10.60% | 9.81% | 9.07% | 2.07% | |
Interest Ann. | 17% | 25.2% | 8 | 7.1 | 6 | 5 | 4.2 | 2.6 | |
Depr. | 75.4% | 35.1% | 5.4 | 2.5 | 1.3 | 1 | 1.1 | 1.2 | |
PBT Ann. | 7.3% | - | 22.5 | 34.3 | 24.9 | 18.2 | 7.5 | -2.2 | |
Tax Ann. | -3% | - | 4.2 | 9 | 5.6 | 4.6 | 1.7 | -0.2 | |
10.4% | - | 18.3 | 25.4 | 19.4 | 13.6 | 5.7 | -2 | ||
Net Profit Ann. | 10.4% | - | 18.3 | 25.4 | 19.4 | 13.6 | 5.7 | -2 | |
NPM Ann. % | -15.5% | - | 3.33% | 6.90% | 6.38% | 5.51% | 4.04% | -2.64% | |
EPS Adj. latest Ann. | 10.5% | - | 8.1 | 11.3 | 8.6 | 6 | 2.5 | -0.9 |
Jay Bee Laminations Ltd. INFORMATION ON IPO ISSUE
About Jay Bee Laminations Ltd.
Jay Bee Lamination Ltd. was incorporated on March 22, 1988. The company manufactures and supplies a range of products, including electrical laminations, slit coils, and assembled cores made from Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel. These products are used in transformers, UPS systems, and inverters within the power industry.
Object of the Issue
- Funding working capital requirements
- General corporate expenses
Jay Bee Laminations Ltd. - PROMOTERS
| Name |
|---|
| Munish Kumar Aggarwal |
| Mudit Aggarwal |
| Sunita Aggarwal |
Jay Bee Laminations Ltd. Lead Manager of the Issue
Swaraj Shares and Securities Private Limited
ipo@swarajshares.com
Jay Bee Laminations Ltd. Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Jay Bee Laminations Ltd. Strengths
Client relationships
The company offers services based on a customer-goal approach, with solutions aimed at consistently deliver efficiency and accuracy while meeting performance indicators. This approach has helped customers achieve their objectives, resulting in higher customer retention and the development of strong customer relationships
Low Rejection Rates
The company prioritizes quality control and safety measures during the distribution of its CRGO and CNRGO steel cores. As a result of these efforts, it has achieved a remarkably low rejection rate among its customers
Jay Bee Laminations Ltd. Risks
Rely on third-party Transporters
The company relies on various forms of transportation to receive raw materials for manufacturing and to deliver products to clients, including for some export sales. It typically depends on third-party transportation and logistics providers for these purposes
Geographically concentrated
The company operates two manufacturing facilities, located in Noida and Greater Noida. Any slowdown or disruption in operations at either facility could have a significant and negative impact on business operations and financial performance
Import Restrictions
The company imports CRGO and CRNGO steel from China, Poland, the USA, UAE, Japan, Germany, and the Czech Republic to manufacture its electrical steel products. Import regulations are governed by specific laws that allow authorities to halt imports if the products are deemed to pose a risk of major accidents or similar adverse incidents
IPO FAQs
This IPO consists of an offer for sale of up to Rs 22.2 crore, of 1,523,000 shares. It also consists of a fresh issue of Rs 6.7 crore.
The promoters of the company are Munish Kumar Aggarwal, Mudit Aggarwal and Sunita Aggarwal.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 138.0 - 146.0.
The IPO application opens on Aug 27, 2024 and closes on Aug 29, 2024.
The minimum lot size for the IPO is 1000. The maximum lot size for the IPO is 1000.
For all category investors, the minimum application amount for this IPO is Rs. 138,000.0, the maximum value for this IPO is Rs 146,000.0.
This IPO will be allotted on Aug 30, 2024.
The refund will be credited to your account on Sep 02, 2024.
The allotted shares will be credited to your demat on Sep 02, 2024.
Jay Bee Laminations Ltd.’s shares listed on the stock exchanges on Sep 03, 2024.
