May 17, 2024
Jay Kailash Namkeen Ipo
Jay Kailash Namkeen IPO

 

Jay Kailash Namkeen IPO description – Incorporated in 2021, Jay Kailash Namkeen specializes in the manufacturing of packaged Indian snacks. Their product range includes a variety of Indian snacks such as 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, and Roasted Peanuts, among others. The company has 186 SKUs of its 56 products ranging from INR 5, INR 10, 200 grams, 400 grams, 500 grams, 5 kilograms, and 20 kilograms.

Jay Kailash Namkeen’s production facility is situated in Rajkot, Gujarat, with a production capacity of 10 tons per working day. The company manufactures products and supplies them to the states of Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana, and Uttar Pradesh. It has been certified by the Food Safety and Standards Authority of India (FSSAI) for the quality management systems related to its products.

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

Jay Kailash Namkeen IPO Details

Jay Kailash Namkeen IPO Dates 28 Mar – 3 Apr 2024
Jay Kailash Namkeen Issue Price INR 70 – 73 per share
Fresh issue 1,633,600 shares (INR 11.44 – 11.93 crore)
Offer For Sale NIL
Total IPO size 1,633,600 shares (INR 11.44 – 11.93 crore)
Minimum bid (lot size) 1,600 shares (INR 116,800)
Face Value  INR 10 per share
Retail Allocation 50%
Listing On BSE SME

Jay Kailash Namkeen IPO Timetable

IPO Opening Date 28 March 2024
IPO Closing Date 3 April 2024
Finalization of Basis of Allotment 4 April 2024
Initiation of refunds 5 April 2024
Transfer of shares to demat accounts 5 April 2024
IPO Listing Date 8 April 2024

 

Jay Kailash Namkeen IPO Financials Performance ( Results )

                                                                                                                                          All Amount in ₹ Lakhs

Period Ended 30 Nov 2023 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 1,118.30 671.19 613.46 373.57
Revenue 646.19 987.74 1,043.12 1,314.80
Profit After Tax 40.45 88.79 54.57 8.81
Net Worth 582.45 359.21 83.20 28.42
Reserves and Surplus 246.12 65.88 49.42
Total Borrowing 354.67 238.44 65.76 111.58

 

Jay Kailash Namkeen Valuations & Margins

FY 2021 FY 2022 FY 2023
EPS 3.10 1.89 3.03
PE ratio 23.10 – 24.09
RONW (%) 33.15 108.25 24.72
NAV 10.00 12.27 17.62
ROCE (%) 8.13 139.51 31.91
EBITDA (%) 1.46 8.62 20.08
Debt/Equity 3.93 0.28 0.61

Jay Kailash Namkeen IPO Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 30.00% of the Net Issue
Retail Shares Offered Not less than 50.00% of the Net Issue
NII (HNI) Shares Offered Not less than 20.00% of the Net Issue

 

Jay Kailash Namkeen IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 1600 ₹116,800
Retail (Max) 1 1600 ₹116,800
HNI (Min) 2 3,200 ₹233,600

Jay Kailash Namkeen IPO Subscription Status (Bidding Detail)

Category Subscription
QIB 0.00x
NII 0.00x
Retail 0.00x
Total 0.00x

 

Jay Kailash Namkeen IPO GMP Live Update

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
26-03-2024 73.00 ₹15 line 18200 ₹88 (0%) 26-Mar-2024 9:25
25-03-2024 73.00 ₹15 line 18200 ₹88 (0%) 26-Mar-2024 0:30
24-03-2024 73.00 ₹20 line 24300 ₹93 (41.1%) 25-Mar-2024 0:29
23-03-2024 73.00 ₹30  arrow up 36500 ₹103 (41.1%) 24-Mar-2024 0:26
22-03-2024 73.00 ₹0 line ₹73 (0%) 23-Mar-2024 0:29
21-03-2024 73.00 ₹0 line ₹73 (0%) 22-Mar-2024 0:24

 

Jay Kailash Namkeen Offer Lead Manager

EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone: +91 011 4509 8234
Email: ipo@expertglobal.in
Website: www.expertglobal.in

 

Jay Kailash Namkeen Offer Registrar

SKYLINE FINANCIAL SERVICES PVT. LTD
D-153 A, 1st Floor, Okhla Industrial Area,
Phase – I, New Delhi-110020
Phone: +91- 11-40450193-197
Email: ipo@skylinerta.com
Website: www.skylinerta.com

Jay Kailash Namkeen IPO Contact Details

JAY KAILASH NAMKEEN LIMITED
Deeva House, Fourth Floor, Diwanpara 11/12 corner,
Rajkot City, Rajkot, Gujarat-360001, India
Phone: 0281-2993110
E-mail: cs@jaykailashnamkeen.com
Website: www.jaykailashnamkeen.com

 

 

IPO FAQs

What is the Jay Kailash Namkeen offer size?

Jay Kailash Namkeen offer size is INR 11.44 – 11.93 crores.

What is the Jay Kailash Namkeen offer price band?

Jay Kailash Namkeen public offer price is INR 70 – 73 per share.

What is the lot size of the Jay Kailash Namkeen IPO?

Jay Kailash Namkeen offer lot size is 1,600 shares.

What is Jay Kailash Namkeen IPO GMP today?

Jay Kailash Namkeen IPO GMP today is INR NA per share.

What is the Jay Kailash Namkeen kostak rate today?

Jay Kailash Namkeen kostak rate today is NA per application.

What is Jay Kailash Namkeen Subject to Sauda rate today?

Jay Kailash Namkeen are Subject to the Sauda rate today is INR NA per application.

 

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