Jay Bee Laminations Limited IPO GMP

Established in 1988, Jay Bee Laminations Limited, currently manufactures and supplies range of products such as electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in power industry.

Jay Bee, an Book Built Issue amounting to ₹66.72 Crores, consisting entirely a Fresh Issue of 45.7 Lakh Shares worth ₹66.72 Crores and an Offer for Sale of 15.23 Lakh Shares totaling to ₹22.23 Crores. The subscription period for the Jay Bee IPO opens on August 27, 2024, and closes on August 29, 2024. The allotment is expected to be finalized on or about Friday, August 30, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Tuesday, September 03, 2024.

The Share price band of Jay Bee IPO is set at ₹138 to ₹146 equity per share, with a minimum lot size of 1,000 shares. Retail investors are required to invest a minimum of ₹146,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (2,000 shares), amounting to ₹292,000.

SWARAJ SHARES AND SECURITIES PRIVATE LIMITED is the book-running lead manager, BIGSHARE SERVICES PRIVATE LIMITED is the registrar for the Issue. Shreni Shares Limited will act as the Market Maker for the Jay Bee IPO.

Jay Bee Laminations Limited IPO GMP Today
The Grey Market Premium of Jay Bee Limited IPO is expected in the range of ₹100 to ₹110 based on the financial performance and subscription status of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Jay Bee Laminations Limited IPO Allotment Status
Jay Bee IPO allotment date is 30 August, 2024, Friday. Jay Bee IPO Allotment will be out on 30th August 2024 and will be live on Registrar Website from the allotment date. Check Jay Bee Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Jay Bee Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Jay Bee Laminations Limited IPO
Jay Bee Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1) ₹4,300.00 Lakhs is required for Funding our working capital requirements
2) General Corporate Expenses

Refer to Jay Bee Laminations Limited RHP for more details about the Company.