Jay Bee Laminations Limited

About the company

## **About Jay Bee Laminations Limited** Established in 1988, Jay Bee Laminations Limited has become a key player in the manufacturing of high-quality electrical components for the power industry. Specializing in Cold Rolled Grain Oriented (CRGO) and Cold-Rolled Non-Grain-Oriented (CRNGO) steel, the company produces a diverse range of products including electrical laminations, slit coils, and assembled cores. These products are essential for applications in transformers, uninterruptible power supplies (UPS), and inverters, providing crucial support for power generation and distribution systems. The state-of-the-art manufacturing facilities span an area of 10,878 square meters and are fully equipped with in-house capabilities for slitting, cutting, assembling, and testing electrical steel cores. We also operate a comprehensive laboratory for rigorous raw material and finished goods testing, alongside an in-house tooling division dedicated to blade sharpening. This integrated approach ensures that all products meet stringent quality standards, particularly for power and distribution transformers up to 220 kV. Currently, Jay Bee Laminations Limited is focused on supplying CRGO electrical steel cores, which are critical for transformer manufacturers. Given the sensitivity of these materials to physical stresses, our expertise in their handling and processing is vital to maintaining the safety and quality of transformers. The commitment to adhering to Bureau of Indian Standards (BIS) requirements underscores our dedication to excellence in the industry. The clientele includes manufacturers of transformers ranging from 11kV to 220 kV, encompassing both power and distribution transformers. The CRGO steel core is a significant component, accounting for 25-30% of the total cost of a transformer, depending on its size. Furthermore, these cores play a crucial role in reducing transmission and distribution (T&D) losses, highlighting their importance in enhancing the efficiency of electricity supply infrastructure. Jay Bee Laminations Limited remains committed to delivering top-quality products that contribute to the effective and reliable distribution of electrical power. Jay Bee Laminations Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Funding our working capital requirements; and 1. General Corporate Expenses.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   27 Aug 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   29 Aug 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Aug 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   30 Aug 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   03 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.