Jay Kailash Namkeen IPO Details ( Jay Kailash Namkeen Limited IPO Review )
(28 Mar 2024 – 3 Apr 2024)
Jay Kailash Namkeen Limited started up in 2021 making yummy Indian snacks.
They manufacturing lots of tasty stuff like 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, and more.
They have 186 types of these snacks, spread across 56 different products. You can get them in packs of ₹5, ₹10, 200g, 400g, 500g, 5kg, and 20kg.
Their customers come from places like Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana, and Uttar Pradesh.
Their factory is in Rajkot, Gujarat. They can churn out 10 tons of snacks every working day.
As of November 30, 2023, they had 14 full-time workers, 35 hourly workers for production and shipping, and 6 folks handling marketing and sales.
Jay Kailash Namkeen Limited IPO Competitive Strength
- Diversified Product Portfolio
- Existing client relationship
- Product Packaging
- Quality Assurance
Jay Kailash Namkeen IPO Financials Performance ( Results )
Jay Kailash Namkeen Limited Financial Information (Restated)
All Amount in ₹ Lakhs
| Period Ended | Total Assets | Total Revenue | PAT | Net Worth | Reserves | Borrowing |
| 31-Mar-21 | 373.57 | 1,314.80 | 8.81 | 28.42 | 111.58 | |
| 31-Mar-22 | 613.46 | 1,043.12 | 54.57 | 83.20 | 49.42 | 65.76 |
| 31-Mar-23 | 671.19 | 987.74 | 88.79 | 359.21 | 65.88 | 238.44 |
| 30-Nov-23 | 1,118.30 | 646.19 | 40.45 | 582.45 | 246.12 | 354.67 |
Objective of Jay Kailash Namkeen IPO Issue
- To meet the working capital requirement; and
- General corporate purpose.
Jay Kailash Namkeen IPO Basic Details
| IPO Date | Mar 28, 2024 to Apr 3, 2024 |
| Listing Date | Monday, April 8, 2024 |
| Face Value | ₹10 per share |
| Price | ₹70 to ₹73 per share |
| Lot Size | 1600 Shares |
| Issue Size | 1,633,600 shares of ₹10 (aggregating up to ₹11.93 Cr) |
| Fresh Issue | 1,633,600 shares of ₹10 (aggregating up to ₹11.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 3,363,333 |
| Share holding post issue | 4,996,933 |
| Company Promoters | Mr. Neel Narendrabhai Pujara and Ms. Tulsi Neel Pujara |
Jay Kailash Namkeen IPO Reservation
| Market Maker Shares Offered | 5.09% of the Net Issue |
| QIB Shares Offered | 28.40% of the Net Issue |
| NII (HNI) Shares Offered | 19.00% of the Net Issue |
| Retail Shares Offered | 47.50% of the Net Issue |
| Total Shares Offered | 100.00% of the Net Issue |
Jay Kailash IPO Timetable
Jay Kailash IPO will open on March 28, 2024 and close on April 3, 2024. You can join Jay Kailash IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 28 March 2024 (Thursday) |
| Closing Date | 3 April 2024 (Wednesday) |
| Basis of Allotment | 4 April 2024 (Thursday) |
| Initiation of Refunds | 5 April 2024 (Friday) |
| Credit of Shares to Demat | 5 April 2024 (Friday) |
| Listing Date | 8 April 2024 (Monday) |
| Deadline for UPI mandate confirmation | 5 PM on 3 April 2024 |
Jay Kailash Namkeen IPO Lot Size
For retail investors in Jay Kailash Namkeen IPO, 1600 shares will come in 1 lot or the minimum investment will be ₹116,800. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹116,800.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 1600 | ₹116,800 |
| Retail (Max) | 1 | 1600 | ₹116,800 |
| S-HNI (Min) | 2 | 3200 | ₹233,600 |
Jay Kailash Namkeen IPO Promoter Holding
The company’s promoters include Mr. Neel Narendrabhai Pujara and Ms. Tulsi Neel Pujara.
| Pre Issue Share Holding | 71.82% |
| Post Issue Share Holding | 48.33% |
Jay Kailash Namkeen Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | 36.48 |
| Earning Per Share (EPS) | ₹3.03 per Equity Share |
| Net Asset Value (NAV) | ₹12.27 per Equity Share |
| P/E Ratio (P/E) (x) | 27.65 |
| Post P/E Ratio (P/E) (x) | 60.12 |
| Return on Net Worth (RoNW) (%) | 24.72 |
| Return on equity (ROE) (%) | 24.72 |
| Return on Capital Employed (ROCE) (%) | 31.91 |
| Debt/Equity Ratio | 0.61 |
| Price/Book Value Ratio | 5.95 |
Jay Kailash Namkeen IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| Today | ₹15 | – | – |
| 5 April 2024 | ₹15 | – | – |
| 4 April 2024 | ₹15 | – | – |
| 3 April 2024 | ₹12 | – | – |
| 2 April 2024 | ₹12 | – | – |
| 1 April 2024 | ₹18 | – | – |
| 31 March 2024 | ₹18 | – | – |
| 30 March 2024 | ₹18 | – | – |
| 29 March 2024 | ₹20 | – | – |
| 28 March 2024 | ₹20 | – | – |
Jay Kailash Namkeen IPO Detail Video:
link
Jay Kailash Namkeen IPO Subscription Status (Bidding Detail)
The Jay Kailash Namkeen IPO on April 3, 2024 at 6:21:07 PM was subscribed 40.02 times, with the retail category being subscribed 50.99 times, the NII (Non-Institutional Investor) category being subscribed 68.93 times, QIB (Qualified-Institutional Buyers) category being subscribed 2.32 times.
| Category | Subscription |
| QIB | 2.32x |
| NII | 68.93x |
| Retail | 50.99x |
| Total | 40.02x |
Jay Kailash Namkeen IPO Prospectus
Jay Kailash Namkeen IPO Rating
| Our Rating | 2.5/5.0 |
Jay Kailash Namkeen Company Contact Information
Jay Kailash Namkeen Limited
Registered office: Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot, Gujarat-360001, India
Tel: 0281-2993110
E-mail: cs@jaykailashnamkeen.com
Website: www.jaykailashnamkeen.com
Contact Person: Ms. Anushree Vijay, Company Secretary and Compliance Officer
Promoters of the Company: Mr. Neel Narendrabhai Pujara and Ms. Tulsi Neel Pujara
Jay Kailash Namkeen IPO Registrar
Skyline Financial Services Private Limited
Registered office: D-153A, 1st floor, Okhla Industrial area, Phase I, New Delhi, 110020, India.
Telephone: 011 4045 0193 / 197; Facsimile: 011 2681 2683
Email: ipo@skylinerta.com
Investor grievance Email: grievances@skylinerta.com
Contact Person: Mr. Anuj Rana
Website: www.skylinerta.com
SEBI Registration No: INR000003241
CIN: U74899DL1995PTC071324
Jay Kailash Namkeen IPO Lead Manager
Expert Global Consultants Private Limited
Registered office: 1511, RG Trade Tower Netaji Subhash Place, Pitampura, New Delhi – 110034, India
Telephone: +91 11 4509 8234; Email: ipo@expertglobal.in
Website: www.expertglobal.in
Investor grievance email: compliance@expertglobal.in
Contact Person: Mr. Gaurav Jain
SEBI registration number: INM000012874
CIN: U74110DL2010PTC205995
Jay Kailash Namkeen IPO FAQs
What is the lot size of Jay Kailash Namkeen IPO?
The total size of Jay Kailash Namkeen IPO is ₹11.93 crores and this is a complete fresh Issue.
When will Jay Kailash Namkeen IPO start?
Jay Kailash Namkeen IPO will open from 28 March 2024 and IPO will close on 3 April 2024.
What is the open date of Jay Kailash Namkeen IPO?
Jay Kailash Namkeen IPO will open date from 28 March 2024.
What is the last date ( close date ) of Jay Kailash Namkeen IPO?
Jay Kailash Namkeen IPO will close from 3 April 2024.
What is the price band of Jay Kailash Namkeen IPO?
Jay Kailash Namkeen IPO price band is ₹70 to ₹73. ( Upper Price Band: ₹73, Lower Price Band: ₹70 )
What is the minimum amount required to apply for Jay Kailash Namkeen IPO?
The minimum investment for retailers to apply for Jay Kailash Namkeen IPO is ₹116,800 and the maximum investment is ₹116,800.
What is going on gray market premium of Jay Kailash Namkeen IPO?
View gray market premium of Jay Kailash Namkeen IPO by Clicking Here
How much is the GMP of Jay Kailash Namkeen IPO?
Watch Jay Kailash Namkeen IPO GMP Today: Click Here
What is the allotment date of Jay Kailash Namkeen IPO?
The allotment date of Jay Kailash Namkeen IPO is 4 April 2024.
How to check allotment status in Jay Kailash Namkeen IPO?
To check the allotment status of Jay Kailash Namkeen IPO, first of all go to the registrar website by clicking here, select your bad Jay Kailash Namkeen IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of Jay Kailash Namkeen IPO?
The listing date of Jay Kailash Namkeen IPO is 8 April 2024.
How much will be the listing gain in Jay Kailash Namkeen IPO?
View listing gain of Jay Kailash Namkeen IPO by Clicking Here
How much time Jay Kailash Namkeen IPO is subscribed?
Total 40.02 times subscribed in Jay Kailash Namkeen IPO out of which 50.99 times subscription was done in retail quota, 68.93 times subscription in NII quota and 2.32 times subscription in QIB quota.
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How to apply for Jay Kailash Namkeen PO from Zerodha?
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How to apply for Jay Kailash Namkeen IPO from Angle One?
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