Jay Kailash Namkeen Limited IPO
- IPO Date28 Mar, 2024 to 03 Apr, 2024
- Listing Date08 Apr, 2024
- Face Value₹10 per share
- Issue Price₹70 to ₹73 per share
- Lot Size1600 Shares
- Minimum Investment₹1,16,800
- Listing AtBSE SME
- Total Issue Size16,33,600 Shares
(aggregating up to ₹11.93 Cr) - Fresh Issue16,33,600 Shares
(aggregating up to ₹11.93 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue33,63,333
- Shareholding post issue49,96,933
IPO Dates
Closing Date
03 Apr, 2024
Initiation of Refunds
05 Apr, 2024
Listing Date
08 Apr, 2024
28 Mar, 2024
Opening Date
04 Apr, 2024
Basis of Allotment
05 Apr, 2024
Credit of Shares
Jay Kailash Namkeen Limited Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹1,16,800 |
| HNI (Min) | 2 | 3200 | ₹2,33,600 |
| Retail (Max) | 1 | 1600 | ₹1,16,800 |
Jay Kailash Namkeen Limited Promoter Holding
The company's Promoters are Mr. Neel Narendrabhai Pujara and Ms. Tulsi Neel Pujara.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 71.82% | 48.33% |
Jay Kailash Namkeen Limited COMPANY INFORMATION
Jay Kailash Namkeen IPO is a book built issue of Rs 11.93 crores. The issue is entirely a fresh issue of 16.34 lakh shares. Jay Kailash Namkeen IPO opens for subscription on March 28, 2024 and closes on April 3, 2024. The allotment for the Jay Kailash Namkeen IPO is expected to be finalized on Thursday, April 4, 2024. Jay Kailash Namkeen IPO will list on BSE SME with tentative listing date fixed as Monday, April 8, 2024. Jay Kailash Namkeen IPO price band is set at ₹70 to ₹73 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹116,800. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹233,600. Expert Global Consultants Private Limited is the book running lead manager of the Jay Kailash Namkeen IPO, while Skyline Financial Services Private Ltd is the registrar for the issue. The market maker for Jay Kailash Namkeen IPO is Rikhav Securities. Refer to Jay Kailash Namkeen IPO RHP for detailed information.
Jay Kailash Namkeen Limited was established in 2021 and manufactures packaged Indian snacks.
The company's product portfolio 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.
The company has 186 SKUs of 56 products in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms and 20 kilograms.
Jay Kailash Namkeen's customers come from Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Uttar Pradesh.
The company's production facility is located in Rajkot, Gujarat, and has a production capacity of 10 tons per working day.
As of November 30, 2023, the company employed 14 permanent employees and 35 hourly paid on-call workers for production and shipping and 6 employees for marketing and sales.
FAQs About Jay Kailash Namkeen Limited Ipo
Jay Kailash Namkeen Limited IPO will open on 28 Mar, 2024 and close on 03 Apr, 2024. Investors must apply within this period to participate.
The Jay Kailash Namkeen Limited IPO price band is set between ₹70.00 and ₹73.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹116800.00.
The Jay Kailash Namkeen Limited IPO shares are expected to be listed on 08 Apr, 2024, subject to regulatory approvals and final allotment.
You can track your Jay Kailash Namkeen Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jay Kailash Namkeen Limited IPO will be listed on major stock exchanges such as NSE and BSE, where you can trade shares once they are listed.