Jay Kailash Namkeen Limited
Book Built Issue IPO · BSE
- Price band
- ₹70 - ₹73
- Lot size
- 1,600 shares
- Issue amount
- ₹11.93 cr
- Total subscription
- 40.07×
- Opens
- 28 Mar 2024
- Closes
- 3 Apr 2024
- Allotment
- 4 Apr 2024
- Listing
- 8 Apr 2024
Offer at a glance
Issue overview
- Issue size
- 16,33,600 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,12,000
- Fresh issue
- ₹11.93 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,16,800
- Issue type
- Book Built Issue IPO
- Shares before issue
- 33,63,333
- Shares after issue
- 49,96,933
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 1,600 | ₹1,16,800 |
| HNI | 2 | 3,200 | ₹2,33,600 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.39 | 7.87 |
| RETAIL | 5.66 | 288.85 |
| NIB | 2.27 | 156.8 |
Financial performance
Company financials
in ₹ Lakhs · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-23 | Mar-22 | Mar-21 |
|---|---|---|---|
| EPS | 3.03 | 1.71 | 3.1 |
| ROE | 24.72 | 108.23 | 30.99 |
| ROCE | 31.91 | 139.51 | 8.13 |
| RONW | 24.72 | 108.25 | 33.15 |
| PRE IPO(PE) | 5.95 | 0 | 0 |
| POST IPO(PE) | 27.65 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Jay Kailash Namkeen Limited, founded in 2021, is a fast-growing manufacturer of packaged Indian snacks, offering a diverse selection to suit a variety of tastes. Its product range includes favorites like Chana Jor Namkeen, Masala Mung Jor, Soya Sticks, Bhavnagari Gathiya, and Roasted Peanuts, with a total of 186 SKUs across 56 products in various sizes. Operating from its Rajkot, Gujarat facility, the company maintains a robust production capacity of 10 tons per working day, ensuring a consistent supply of high-quality snacks. With distribution spanning states like Assam, Bihar, Maharashtra, and Uttar Pradesh, Jay Kailash Namkeen has built a strong market presence. Supported by a dedicated team of 14 permanent employees and 35 hourly paid workers handling production, shipping, marketing, and sales, the company remains committed to quality, innovation, and expanding its reach to delight snack lovers across India.
Strengths
- Eye-Catching Packaging: Jay Kailash Namkeen Limited stands out with innovative packaging that makes its products more attractive to consumers. This not only boosts shelf appeal but also strengthens brand identity and customer trust.
- Top-Notch Quality: The company prioritizes quality at every step, from selecting ingredients to packaging and distribution. This focus on taste, freshness, and safety builds consumer confidence, leading to repeat purchases and strong word-of-mouth recommendations.
- Experienced Leadership: With a knowledgeable and skilled management team, the company benefits from effective decision-making and strategic growth. Their expertise helps Jay Kailash Namkeen stay competitive in the fast-growing packaged snacks market.
Risk factors
- Newer Business, More Uncertainty: Since Jay Kailash Namkeen Limited is still in its early stages, there are natural risks, like how well its products will do in the market and how smoothly it can grow. This makes it harder for investors to predict its future success.
- Relying on Leased Space: The company doesn’t own its manufacturing facility or office space but operates on a lease. If the lease isn’t renewed, it could mean unexpected costs, production delays, and business disruptions.
- Risky Loans: The company has ₹137.05 lakhs in unsecured loans, which lenders can demand back anytime. If that happens, it could put financial pressure on the business, making it harder to manage cash flow and continue expanding.
Promoters
Mr. Neel Narendrabhai Pujara
Ms. Tulsi Neel Pujara
Registrar & documents
Lead manager
Expert Global Consultants Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Deeva House, Fourth Floor, Diwanpara 11/12 corner, Rajkot City, Rajkot - 360001
0281-2993110
[email protected]Company website ↗Understanding JAYKAILASH IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.