Jay Kailash Namkeen Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 464,000 (28%) | — | ₹339 Cr |
| NII (HNI) | — | 310,400 (19%) | — | ₹227 Cr |
| Retail | — | 776,000 (48%) | — | ₹566 Cr |
| Market Maker | — | 83,200 (5%) | — | ₹6 Cr |
| Σ Total | — | 1,633,600 (100%) | — | ₹11,925 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹116,800 |
| Retail (Max) | 13 | 20,800 | ₹1,518,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,635,200 |
| B-HNI (Min) | 67 | 107,200 | ₹7,825,600 |
Financial Statements Amount in ₹ Lakhs
| Metric | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Revenue | 646 | 988 | 1,043 |
| Profit After Tax | 40 | 89 | 55 |
| Net Worth | 582 | 359 | 83 |
| Total Assets | 1,118 | 671 | 613 |
| Reserves & Surplus | 246 | 66 | 49 |
| Total Borrowing | 355 | 238 | 66 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- To meet the working capital requirement; and –
- General corporate purpose. –
Company Overview
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.