IPO Issue Details
Issue Price / Price Band₹73 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size16,33,600 shares (aggregating up to ₹11.93 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenThu, 28 Mar 2024
Subscription CloseWed, 03 Apr 2024
Anchor AllotmentWed, 27 Mar 2024
Basis of AllotmentThu, 04 Apr 2024
Initiation of RefundsFri, 05 Apr 2024
Credit of Shares to DematFri, 05 Apr 2024
Listing DateMon, 08 Apr 2024
UPI Mandate Deadline2024-04-03
Application & Investment Details
Retail — Min (1 Lots)₹1,16,800 — 1,600 shares
Retail — Max (13 Lots)₹1,518,400 (13 Lots)
HNI — Min (2 Lots)₹2,33,600 — 3,200 shares
EPS (Pre-IPO)₹2.64
EPS (Post-IPO)₹1.21
P/E Ratio (Pre-IPO)27.65x
P/E Ratio (Post-IPO)60.12x
Net Offer to Public15,50,400 shares (aggregating up to ₹11.32 Cr)
Reserved for Market Maker83,200 shares (aggregating up to ₹0.6074 Cr)
Pre-IPO Promoter Holding33,63,333 shares
Post-IPO Promoter Holding49,96,933 shares
About Jay Kailash Namkeen Ltd
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.
Objects of the Issue
Jay Kailash Namkeen Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
To meet the working capital requirement; and
2
General corporate purpose.
Shareholding & Lock-in
Pre-IPO Promoter Holding
33,63,333 shares
Post-IPO Promoter Holding
49,96,933 shares