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

The IPO of Jay Kailash Namkeen Limited is priced at ₹70-73 per equity share, which has a face value of ₹10 Per Equity Share each. The company shall list its equity shares on BSE SME. Skyline Financial Services Private Ltd is the registrar of the issue.

Jay Kailash Namkeen Limited IPO bid opening date is from Mar 28, 2024 and the bid closing date was Apr 3, 2024.
Jay Kailash Namkeen Limited IPO allotment result will be available on Apr 4, 2024. The tentative listing date for Jay Kailash Namkeen Limited is Apr 8, 2024.

The total issue size is 1,633,600 shares(aggregating up to ₹11.93 Cr).

As on	QIB / NII	Retail	Total
Shares Offered / Reserved	464,000 / 310,400	776,000	1,540,400
Day 1 - 28-03-24 06:00 PM	0.89 / 1.65 x	1.87 x	1.53 x
Day 2 - 01-04-24 06:00 PM	1.03 / 3.10 x	5.14 x	3.50 x
Day 3 - 02-04-24 06:00 PM	1.50 / 6.68 x	13.72 x	8.65 x
Day 4 - 03-04-24 06:00 PM	2.32 / 68.93 x	50.99 x	40.02 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

ROE

24.72%

ROCE

31.91%

Debt/Equity

0.61

RoNW

24.72%

PAT Margin

9.06

Price to Book Value

5.95

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

	31-Mar-23	31-Mar-22	31-Mar-21
Assets	671.19	613.46	373.57
Revenue	987.74	1,043.12	1,314.80
Profit After Tax	88.79	54.57	8.81
Net Worth	359.21	83.20	28.42
Reserves & Surplus	65.88	49.42	N/A
Total Borrowing	238.44	65.76	111.58

About The Company

Jay Kailash Namkeen Limited is a packaged Indian snack company, which was founded in the year 2021.

Product Portfolio of Company:
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 deals with 186 SKUs of 56 products that are available in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms, and 20 kilograms.

The clientele of Jay Kailash Namkeen lies in Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana, and Uttar Pradesh.

The Rajkot location in Gujarat holds the production house of the company, which produces at a capacity of 10 tons per working day.

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

Jay Kailash Namkeen Limited - Promoter(s)

Pre Issue Share Holding: 71.82%

Post Issue Share Holding: 48.33%

Company Promoter(s)

Mr. Neel Narendrabhai Pujara
Ms. Tulsi Neel Pujara

Jay Kailash Namkeen Limited IPO - Issue Objectives

To meet the working capital requirement
General corporate purpose.

Other Details

Company Contact Details

Jay Kailash Namkeen Limited

Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot - 360001

Phone: 0281-2993110

Email: cs@jaykailashnamkeen.com

Website: http://www.jaykailashnamkeen.com/

Registrar Contact Details

Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

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.