Jay Kailash Namkeen Limited IPO is an BSE SME IPO. They are going to raise ₹11.93 Crores via IPO. The issue is priced at ₹70 to ₹73 per equity share. The IPO is to be listed on BSE.
Jay Kailash Namkeen Limited IPO opens for subscription on March 28, 2024, and closes on April 03, 2024. The allotment for the Jay Kailash Namkeen Limited IPO is expected to be finalized on April 04, 2024. Jay Kailash Namkeen Limited IPO will list on BSE SME with tentative listing date fixed as April 08, 2024.
| IPO Details | allotment |
| Minimum Investment ₹116,800 /1 Lot (1600 shares) | Price Range ₹70-₹73 | |
| Max Quantity 1 Lots/1600 Shares | Max Investment ₹116,800 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 11.93 Cr | Employee Discount ₹0 |
| Total Issue Size 1,633,600 Shares (aggregating up to ₹11.93 Cr) | Share Holding Pree Issue 3,363,333 | Issue Type Book Built Issue IPO |
| Fresh Issue Share 1,633,600 Shares (aggregating up to ₹11.93 Cr) | Share Holding Post Issue 4,996,933 | Listing At BSE SME |
| Market Maker Portion 83,200 Shares (Rikhav Securities) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 28 March 2024 |
| Offer Ends | 03 April 2024 |
| Allotment | 04 April 2024 |
| Refunds | 05 April 2024 |
| Credit of shares to Demat account | 05 April 2024 |
| IPO Listing | 08 April 2024 |
About Jay Kailash Namkeen Limited
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 was initially engaged in B2B business wherein they manufacture products in bulk quantities for other well-recognized companies/brands in the same industry. They manufacture products and supply in the states of Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Uttar Pradesh. However, from April 2022 onwards they have also started a B2C business along with their existing B2B business under their brand name “Jay Kailash Namkeen”. They are also into wholesale trade of Chana Jor namkeen.
The company has 186 SKUs of 56 products in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms and 20 kilograms.
| founded in | Managing Director |
| 2010 | Mr. |
Share Holding
The company’s Promoters are Mr. Neel Narendrabhai Pujara and Ms. Tulsi Neel Pujara.
| Share Holding Pre-Issue | 71.82% |
| Share Holding Post-Issue | 48.33% |
Jay Kailash Namkeen Limited IPO Prospectus
| Jay Kailash Namkeen Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹987.14 | ₹1,043.12 | ₹1,314.80 |
| Assets | ₹671.19 | ₹613.46 | ₹373.57 |
| Profit | ₹359.21 | ₹83.20 | ₹28.42 |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 36.48 Cr | ROE | 24.72% |
| P/E (X) | 27.65 | ROCE | 31.91% |
| POST P/E (X) | 60.12 | EPS | 2.64 |
| Debt to Equity | 0.61 | RONW | 24.72% |
Objects of the Issue
The Objects of the company is to raise funds for:
- To meet the working capital requirement.
- General corporate purpose.
Brokerage Firm IPO Review
- To be updated soon
| Jay Kailash Namkeen Limited Contact Details | |
| Address | Jay Kailash Namkeen Limited Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot – 360001 |
| Phone: | 0281-2993110 |
| cs@jaykailashnamkeen.com | |
| Website | http://www.jaykailashnamkeen.com/ |
| Jay Kailash Namkeen Limited IPO Registrar | |
| . | Skyline Financial Services Private Ltd |
| Phone | 02228511022 |
| ipo@skylinerta.com | |
| Website | https://www.skylinerta.com/ipo.php |
| Jay Kailash Namkeen Limited IPO Allotment Status Check |
| Jay Kailash Namkeen Limited IPO Allotment Status Check Click Here |
| Jay Kailash Namkeen Limited Lead Managers | |
| Expert Global Consultants Private Limited 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110 034, India | |
| Phone | 011 4509 8234 |
| ipo@expertglobal.in | |
| Website | https://www.expertglobal.in/ |
Jay Kailash Namkeen Limited IPO FAQs
What is Jay Kailash Namkeen Limited IPO?
- Jay Kailash Namkeen Limited IPO is an BSE SME IPO. They are going to raise ₹11.93 Crores via IPO. The issue is priced at ₹70 to ₹73 per equity share. The IPO is to be listed on BSE.
- The IPO opens on March 28, 2024, and closes on April 03, 2024.
When Jay Kailash Namkeen Limited IPO will open?
- The IPO is to open on March 28, 2024, for NII, and Retail Investors. and closes on April 03, 2024
What is Jay Kailash Namkeen Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is Jay Kailash Namkeen Limited IPO Size?
- Jay Kailash Namkeen Limited IPO size is ₹11.93 crores.
What is Jay Kailash Namkeen Limited IPO Price Band?
- Jay Kailash Namkeen Limited IPO Price Band is ₹70 to ₹73 per equity share.
What is Jay Kailash Namkeen Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1600 Shares) with ₹116,800. and Maximum Lot Size 1 Lots (1600 Shares) with ₹116,800
What is Jay Kailash Namkeen Limited IPO Allotment Date?
- Jay Kailash Namkeen Limited IPO allotment date is April 04, 2024.
What is Jay Kailash Namkeen Limited IPO Listing Date?
- Jay Kailash Namkeen Limited IPO listing date is April 08, 2024. The IPO to list on BSE.