IPO

Jay Kailash Namkeen Limited IPO

BSE SME

Listed On: Apr 8, 2024 at ₹ 85.0

₹ 116800 /1600 Shares

Check Allotment

Jay Kailash Namkeen Limited IPO Details

28 Mar, 2024

Open Date

03 Apr, 2024

Close Date

04 Apr, 2024

Allotment Date

08 Apr, 2024

Listing Date

Issue Price

₹70-73 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Skyline Financial Services Private Ltd

List Price

85.0

Listing Date

2024-04-08

Market Lot

1600 Shares (₹116,800/-)

Lead Manager

Expert Global Consultants Private Limited

Issue Size

1,633,600 shares(aggregating up to ₹11.93 Cr)

Retail Portion

35%

Subscription

40.02 times

IPO Docs

DRHP RHP

Jay Kailash Namkeen Limited IPO Subscription Details

As onQIB / NIIRetailTotal
Shares Offered / Reserved464,000 / 310,400776,0001,540,400
Day 1 - 28-03-24 06:00 PM0.89 / 1.65 x1.87 x1.53 x
Day 2 - 01-04-24 06:00 PM1.03 / 3.10 x5.14 x3.50 x
Day 3 - 02-04-24 06:00 PM1.50 / 6.68 x13.72 x8.65 x
Day 4 - 03-04-24 06:00 PM2.32 / 68.93 x50.99 x40.02 x
Total No. of Applications: 32,073 (Approx)

Jay Kailash Namkeen Limited Valuations

EPS Pre IPO

₹2.64/-

EPS Post IPO

₹1.21/-

P/E Pre IPO

27.65

P/E Post IPO

60.12

RoNW

24.72%

Jay Kailash Namkeen Limited Company Financials All values are in ₹ Lakh

31-Mar-2331-Mar-2231-Mar-21
Assets671.19613.46373.57
Revenue987.741,043.121,314.80
Profit After Tax88.7954.578.81

About The Company

Jay Kailash Namkeen Limited was established in 2021 and manufactures packaged Indian snacks.

The company's product portfolio includes Chana Jor Namkeen, Masala Chana Jor, Pudina Chana, Masala Mung Jor, Plain Mung Jor, Soya Sticks, Haldi Chanas, Chana dal, Sev Murmura & Garlic Sev Murmura, Bhavnagari Gathiya, Chana Dal, Sing Bhujia, Popcorn, Roasted Peanuts, etc.

The company has 186 SKUs of 56 products in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms and 20 kilograms.

Jay Kailash Namkeen's customers come from Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Uttar Pradesh.

The company's production facility is located in Rajkot, Gujarat, and has a production capacity of 10 tons per working day.

As of November 30, 2023, the company employed 14 permanent employees and 35 hourly paid on-call workers for production and shipping and 6 employees for marketing and sales.

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Jay Kailash Namkeen Limited - Promoter(s)

Pre Issue Share Holding: 71.82%

Post Issue Share Holding: 48.33%

Company Promoter(s)

  1. Mr. Neel Narendrabhai Pujara
  2. Ms. Tulsi Neel Pujara

Jay Kailash Namkeen Limited IPO - Issue Objectives

  1. To meet the working capital requirement
  2. General corporate purpose.

Jay Kailash Namkeen Limited IPO - FAQs

Ans. Jay Kailash Namkeen Limited IPO is a SME IPO. The issue is priced at ₹70-73 per equity share. The minimum order quantity is 1600 Shares. The IPO opens on Mar 28, 2024, and closes on Apr 3, 2024. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Ans. The Jay Kailash Namkeen Limited IPO opens on Mar 28, 2024 and closes on Apr 3, 2024.

Ans. The size of Jay Kailash Namkeen Limited IPO is 1,633,600 shares(aggregating up to ₹11.93 Cr).

Ans. The IPO price band is set between ₹70-73 per equity share.

Ans. To apply for Jay Kailash Namkeen Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Jay Kailash Namkeen Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Jay Kailash Namkeen Limited IPO is Apr 4, 2024.

Ans. The Jay Kailash Namkeen Limited IPO will be listed on Apr 8, 2024.

Ans. Follow the steps to check the allotment status for Jay Kailash Namkeen Limited IPO here.