Jay Kailash Namkeen is engaged in the business of manufacturing packaged Indian snacks. Their range of Indian snacks 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. They have 186 SKUs of their 56 products ranging from ₹5, ₹10, 200 Grams, 400 Grams, 500 Grams, 5 Kgs. and 20 Kgs. packs. Their diversified product portfolio is, therefore, relatively less susceptible to shifts in consumer preferences, market trends, and risks of operating in a particular product segment.
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.
Their registered office and manufacturing facility is situated at Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot, Gujarat-360001, India and R S No 130 P1, Plot No 7, R K Industrial Zone-7, Kuchiyadad, Rajkot, Gujarat, 360023 respectively. They have a production capacity of 10 tonnes per working day at their manufacturing facility. Their units are well-equipped with machinery and other handling equipment to facilitate a smooth manufacturing process.
Objects of the Issue:
- To meet the working capital requirement.
- General corporate purpose.
Jay Kailash Namkeen IPO Review
- Avoid
Jay Kailash Namkeen IPO Date & Price Band Details
| IPO Open: | March 28, 2024 |
| IPO Close: | April 3, 2024 |
| IPO Size: | Approx ₹11.93 Crores, 1,633,600 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹70 to ₹73 Per Equity Share |
| IPO Listing on: | BSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Jay Kailash Namkeen IPO Market Lot
The Jay Kailash Namkeen IPO minimum market lot is 1600 shares with a ₹116,800 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1600 | ₹116,800 |
| Retail Maximum | 1 | 1600 | ₹116,800 |
| S-HNI Minimum | 2 | 3200 | ₹233,600 |
Jay Kailash Namkeen IPO Dates
The Jay Kailash Namkeen IPO date is March 28 and the IPO close date is April 3. The IPO allotment date is April 4 and the IPO might list on April 8.
| IPO Open Date: | March 28, 2024 |
| IPO Close Date: | April 3, 2024 |
| Basis of Allotment: | April 4, 2024 |
| Refunds: | April 5, 2024 |
| Credit to Demat Account: | April 5, 2024 |
| IPO Listing Date: | April 8, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Jay Kailash Namkeen IPO Form
How to apply Jay Kailash Namkeen IPO? You can apply Jay Kailash Namkeen IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Jay Kailash Namkeen IPO in the Invest section. The other option you can apply Jay Kailash Namkeen IPO via IPO forms download via the BSE website. Check out the Jay Kailash Namkeen forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Jay Kailash Namkeen Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹13.15 | ₹13.06 | ₹0.09 |
| 2022 | ₹10.43 | ₹9.63 | ₹0.55 |
| 2023 | ₹9.88 | ₹8.71 | ₹0.89 |
| Nov 2023 | ₹6.46 | ₹5.93 | ₹0.40 |
Jay Kailash Namkeen IPO Valuation – FY2023
Check Jay Kailash Namkeen IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹3.03 per Equity Share |
| Price/Earning P/E Ratio: | NA |
| Return on Net Worth (RoNW): | 24.72% |
| Net Asset Value (NAV): | ₹12.27 per Equity Share |
Peer Group
- Annapurna Swadisht Limited
- Prataap Snacks Ltd
Company Promoters
- Mr. Neel Narendrabhai Pujara
- Ms. Tulsi Neel Pujara.
Jay Kailash Namkeen IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: [email protected]
Website: https://www.skylinerta.com/ipo.php
Jay Kailash Namkeen IPO Allotment Status
Check Jay Kailash Namkeen IPO allotment status on Skyline Financial website URL. Click Here
Jay Kailash Namkeen IPO Lead Managers aka Merchant Bankers
- Expert Global Consultants Private Limited
Company Address
Jay Kailash Namkeen Limited
Deeva House, Fourth Floor,
Diwanpara 11/12 corner, Rajkot City,
Rajkot – 360001
Phone: 0281-2993110
Email: [email protected]
Website: http://www.jaykailashnamkeen.com/
