Daily BriefsECM

Daily Brief ECM: Jyoti CNC Automation Pre-IPO Tearsheet and more

In today’s briefing:

  • Jyoti CNC Automation Pre-IPO Tearsheet


Jyoti CNC Automation Pre-IPO Tearsheet

By Ethan Aw

  • Jyoti CNC Automation (0907734D IN) is looking to raise up to US$120m in its upcoming India IPO. The deal will be run by Equirus, SBI Capital and ICICI Securities.
  • Jyoti CNC Automation is a manufacturer of simultaneous 5-Axis Computer Numerical Control (CNC) machines with the second and twelfth largest market share in India and globally, respectively, according to F&S. 
  • Its portfolio includes a range of CNC machines such as CNC Turning Centers, CNC Turn Mill Centers and CNC Vertical Machining Centers, amongst others. 

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