Last updated on April 8, 2024
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.
Promoters of Jay Kailash Namkeen – Mr. Neel Narendrabhai Pujara, and Ms. Tulsi Neel Pujara
Table of Contents
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 Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 8M FY 2024 |
| Revenue | 13.15 | 10.43 | 9.80 | 6.40 |
| Expenses | 13.06 | 9.63 | 8.71 | 5.93 |
| Net income | 0.08 | 0.55 | 0.89 | 0.40 |
Jay Kailash Namkeen Offer News
- Jay Kailash Namkeen RHP
- Jay Kailash Namkeen Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
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 GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 6 April 2024 | 15 | – | 19,000 |
| 5 April 2024 | 15 | – | 19,000 |
| 4 April 2024 | 18 | – | 21,000 |
| 3 April 2024 | 22 | – | 25,000 |
| 2 April 2024 | 25 | – | 27,000 |
| 1 April 2024 | 28 | – | 30,000 |
| 30 March 2024 | 35 | – | 41,500 |
| 29 March 2024 | 32 | – | 37,000 |
| 28 March 2024 | 25 | – | 27,000 |
| 27 March 2024 | 25 | – | 27,500 |
| 26 March 2024 | 15 | – | 18,000 |
Jay Kailash Namkeen IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 464,000 | 310,400 | 776,000 | 1,550,400 |
| 3 Apr 2024 | 2.32 | 69.20 | 50.99 | 40.07 |
| 2 Apr 2024 | 1.50 | 7.00 | 14.04 | 8.88 |
| 1 Apr 2024 | 1.03 | 3.37 | 5.14 | 3.56 |
| 28 Mar 2024 | 0.89 | 1.65 | 1.88 | 1.54 |
The market maker reservation portion of 83,200 shares is not included in the above calculations.
Jay Kailash Namkeen IPO Allotment Status
Jay Kailash Namkeen IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get allotment status.
Jay Kailash Namkeen IPO Dates & Listing Performance
| 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 |
| Opening Price on BSE SME | INR 85 per share (up 16.44%) |
| Closing Price on BSE SME | INR 80.75 per share (up 10.62%) |
Jay Kailash Namkeen Offer Lead Manager
EXPERT GLOBAL CONSULTANTS PRIVATE LIMITED
1511, RG Trade Tower Netaji Subhash Place,
Pitampura, New Delhi – 110 034
Phone:Â +91 011 4509 8234
Email:Â [email protected]
Website:Â 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:Â +91- 11-40450193-197
Email:Â [email protected]
Website:Â 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: [email protected]
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 15 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 19,000 per application.
