Jyoti CNC Automation Ltd Share Price

History of Jyoti CNC Automation Ltd

Jyoti CNC Automation Limited was originally incorporated as AMB Engineering Company Private Limited', at Gujarat vide Certificate of Incorporation issued by the ROC, on January 17, 1991. Thereafter, Company's name was changed to Jyoti CNC Automations Private Limited', on May 08, 2002, issued by the ROC . Thereafter, Company converted into a Public Limited Company and the name was changed to Jyoti CNC Automation Limited', vide a fresh Certificate of Incorporation issued by the ROC on November 30, 2012. Jyoti CNC Automation are a prominent manufacturers of simultaneous 5-Axis CNC machines in India and are a supplier of one of the most diverse portfolios of CNC machines in India including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Mach ...ining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. Since, the Promoter, Parakramsinh G. Jadeja, acquired Company in 2002, it has expanded the range of product operations from entry level products to sophisticated machines including high speed simultaneous 5-Axis, multi-purpose, multi-tasking machines. In Nov' 07, the Company acquired Huron Graffenstaden SAS, step-down subsidiary), a pioneer for 5-Axis machining technology. In 2003, the Company manufactured and sold 165 special purpose machines and 3 vertical machining centres and enhanced the installed capacity to 1,500 machines per annum in 2007. It opened Research and Development facility at Rajkot, Gujarat in 2008; launched 7th SENSE, an Industry 4.0 initiative, geared towards automating sophisticated functions in terms of productivity, health and tool life of CNC machine in 2017; launched KX300, a large sized machining center into aerospace and defense segments in 2017; launched Preci Protect', an Artificial Intelligence (A.I) system, used as collision prevention technology in 2019; launched U Mill Series into aerospace and defence sector in 2020; launched VST 160, a Vertical Shaft Turning Machine with auto loading and unloading system to Electric Vehicles in 2022; introduced HP Series, designed for manufacturing highly precision applications into Defense and General Engineering segments in 2023. The Company raised money from public by way of IPO of 30,218,649 equity shares of Rs 2/- each aggregating to Rs 1000 Cr in January, 2024. In 2024, Company expanded the production by increasing the installed capacity to 6,000 machines per annum from 4,400 machines per annum. The Company launched new and updated technologies in Machine Model GU 8, AWT 20, BTM 200, ATM 200, HP 6000, Tachyon Beta and HUMA in January, 2025.