Jay Kailash Namkeen Limited is engaged in the business of manufacturing of 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.
Jay Kailash Namkeen IPO – Details
| IPO Opening Date | 28 March 2024 |
| IPO Closing Date | 03 April 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 16,33,600 Shares Worth ₹11.93 Crore Fresh Issue: 16,33,600 Shares Worth ₹11.93 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹70 – ₹73 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares (1 Lot) |
| Listing At | BSE SME |
| Register | Skyline Financial Services Private Ltd |
| QIB Shares Offered | 30% |
| NII (HNI) Shares Offered | 20% |
| Retail Shares Offered | 50% |
Jay Kailash Namkeen IPO – Date Schedule
| IPO Open Date | 28 March 2024 |
| IPO Close Date | 03 April 2024 |
| Basis of Allotment | 04 April 2024 |
| Initiation of Refund | 05 April 2024 |
| Credit of Shares to Demat Account | 05 April 2024 |
| IPO Listing Date | 08 April 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 03, 2024 |
Jay Kailash Namkeen IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1600 | ₹1,16,800 |
| Retail (Maximum) | 1 | 1600 | ₹1,16,800 |
| HNI (Minimum) | 2 | 3200 | ₹2,33,600 |
Competitive Strengths
- A portfolio as diverse as the market company serve.
- Built on trust and a proven track record with clients.
- Innovative packaging, elevating to their products above the rest.
- Quality assurance at the forefront of everything company do.
- Led by the promoters and management team with a wealth of experience.
Company Promoters
- Mr. Neel Narendrabhai Pujara
- Ms. Tulsi Neel Pujara
Object Of The Issue
- To meet the working capital requirement; and
- General corporate purpose.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2021 | 13.14 | 13.06 | 0.08 | 1.11 |
| 31 March 2022 | 10.43 | 9.63 | 0.54 | 0.65 |
| 31 March 2023 | 9.87 | 8.71 | 0.88 | 2.38 |
| 30 November 2023 | 6.46 | 5.93 | 0.40 | 3.54 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.72% |
| ROCE | 31.91% |
| Debt/Equity | 0.61 |
| RoNW | 24.72% |
| P/BV | 5.95 |
| PAT Margin (%) | 9.06 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 2.64 | 1.21 |
| P/E (x) | 27.65 | 60.12 |
Jay Kailash Namkeen IPO Promoter Holding
| Pre Issue Share Holding | 71.82% |
| Post Issue Share Holding | 48.33% |
Jay Kailash Namkeen IPO Prospectus
Company Contact Information
| Jay Kailash Namkeen Limited Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot – 360001 Phone: 0281-2993110 Email: cs@jaykailashnamkeen.com Website: http://www.jaykailashnamkeen.com/ |
Jay Kailash Namkeen IPO Registrar
| Skyline Financial Services Private Ltd Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Jay Kailash Namkeen IPO Lead Manager(s)
| 1. Expert Global Consultants Private Limited |
Jay Kailash Namkeen IPO FAQs
| What is Jay Kailash Namkeen IPO? Jay Kailash Namkeen IPO is a SME IPO. The issue is priced at ₹70 – ₹73 per equity share. The IPO is to be listed on BSE SME. |
| When Jay Kailash Namkeen IPO will open? The IPO is to open on 28 March 2024 for QIB – 30%, NII – 20% and Retails – 50% Investors. |
| How to Jay Kailash Namkeen IPO? You can apply for Jay Kailash Namkeen IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Jay Kailash Namkeen IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Jay Kailash Namkeen”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the Jay Kailash Namkeen IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Jay Kailash Namkeen”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Jay Kailash Namkeen IPO Size? Jay Kailash Namkeen IPO size is ₹11.93 crores. |
| What is Jay Kailash Namkeen IPO Price Band? Jay Kailash Namkeen IPO Price Band is ₹70 – ₹73. |
| What is Jay Kailash Namkeen IPO Minimum and Maximum Lot Size? The minimum bid is 1600 Shares with ₹1,16,800 amount while the maximum bid is 1600 shares with ₹1,16,800. |
| What is the Jay Kailash Namkeen IPO Allotment Date? Jay Kailash Namkeen IPO allotment date is 04 April 2024. |
| What is the Jay Kailash Namkeen IPO Listing Date? Jay Kailash Namkeen IPO listing date is 08 April 2024. The IPO is to list on BSE SME. |
