Jyoti CNC Automation Ltd (Ticker: Pending) is an India-based company specializing in the manufacturing of CNC (Computer Numerical Control) machines. Jyoti CNC Automation Ltd is recognized for its significant market presence in India and globally. The company offers a diverse portfolio of CNC products, including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers, CNC Horizontal Machining Centers, and multi-tasking machines. These products cater to various industries, such as aerospace, defense, auto components, and general engineering.

Jyoti CNC Automation Ltd is set to list on the National Stock Exchange of India (Natl India) on January 16, 2024. The company aims to raise INR 10.00 billion (approximately USD 120.02 million) through its Initial Public Offering (IPO). The expected price range for the offering is INR 315.00 to INR 331.00 per share, which translates to about USD 3.78 to USD 3.97. The offering is managed by Equirus Capital Pvt Ltd, ICICI Securities Ltd, and SBI Capital Markets.