About Jyoti Cnc Automation Limited Ipo
Jyoti CNC Automation Limited is a well-known CNC machine manufacturer and supplier in India, having been established in January 1991. The company specialises in a wide range of CNC machinery, including modern 3-axis and 5-axis CNC machining centres, vertical and horizontal CNC machining centres, CNC turning centres, and CNC turning-milling centres, among others. Notably, the industry has paid much attention to their multitasking equipment as well. Turkish Aerospace, BrahMos Aerospace Thiruvananthapuram, and the Indian Space Applications Center – ISRO are just a few of the esteemed and varied clients of Jyoti CNC Automation. Major Indian and international companies, including Tata Advances System, Tata Sikorsky Aerospace, Bharat Forge, and Bosch Limited, to mention a few, are also served by the organisation. This diverse clientele highlights the business’s robust market position and the excellent calibre of its output. Jyoti CNC Automation has provided over 7,200 machines to over 3,000 customers worldwide over the last three years, encompassing markets in Europe, North America, Asia, and India. This is an outstanding accomplishment. The company has delivered more than 30,000 CNC machines worldwide since April 1, 2004. Huron’s extensive dealer network supports the company’s distribution network, and it has 29 sales and service centres in several European nations. Jyoti CNC Automation prides itself on its manufacturing prowess, with three state-of-the-art facilities. Two of these are located in Rajkot, Gujarat, and a third in Strasbourg, France. These facilities are equipped to handle the full spectrum of product design, development, and manufacturing. As of June 30, 2023, the company boasted a production capacity of 4,400 machines annually in India and 121 in France. The company’s order backlog as of June 30, 2023, stood at an impressive Rs 31,430.56 million, which included a significant Rs 2,602.50 million order from an electronic manufacturing services company. Furthermore, as a testament to its growth and operational scale, the company employed a total of 2,573 staff members as of the same date.
