The subscription period for Jay Bee Lamination’s initial public offering (IPO) begins on Tuesday, August 27, and will runs through Thursday, August 29. The price band for the Jay Bee Laminations IPO is ₹138–146 per share, with a face value of ₹10. There is a minimum of 1000 shares available for bidding, and multiples of those are also offered. The floor price and the cap price are 13.8 times and 14.6 times the face value of the equity shares respectively.
Jay Bee Laminations SME IPO Dates
Latest and updated information on Jay Bee Laminations SME IPO. Dates will be updated as they are announced.
| SME IPO Activity | Date |
| SME IPO Open Date | 27-08-2024 |
| SME IPO Close Date | 29-08-2024 |
| Basis of Allotment Finalisation Date | 30-08-2024 |
| Refunds Initiation | 02-09-2024 |
| Credit of Shares to Demat Account | 02-09-2024 |
| SME IPO Listing Date | 03-09-2024 |
For the power industry, Jay Bee Laminations currently manufactures and supplies a range of products, such as electrical laminations, slit coils, and assembled cores consisting of cold-rolled silicon steel that is grain-oriented and cold-rolled non-grain-oriented steel that is used in transformers, UPSs, and inverters.
Jay Bee Laminations Day-wise IPO GMP Trend
| GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
| 23-08-2024 | 146.00 | ₹45  | 34200 | ₹191 (30.82%) |
| 22-08-2024 | 146.00 | ₹45 | 34200 | ₹191 (30.82%) |
| 21-08-2024 | 146.00 | ₹45 | 34200 | ₹191 (30.82%) |
Jay Bee Laminations IPO details
The IPO, worth ₹88.96 crore, is a combination of fresh issue of shares worth ₹88.96 crore, and an offer-for-sale of 1,523,000 shares by the promoter. The net proceeds from the new issuance will be used by the firm to pay for general corporate expenses as well as to meet its working capital needs. The registrar for the Jay Bee Laminations IPO is Bigshare Services Pvt Ltd, and the book running lead manager is Swaraj Shares and Securities Private Limited. Shreni Shares is the market maker for the IPO of Jay Bee Laminations.
