Jay Kailash Namkeen Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹12(16.44%)
Premium (ELP)
The public market debut of Jay Kailash Namkeen Limited's was completed on Apr 08, 2024 with its listing on the BSE exchange. The IPO process raised 16,33,600 Shares in total capital, consisting of 16,33,600 Shares in new equity.
The offering featured a price range of ₹70 to ₹73 and minimum application size of 1600 shares. Investor response during the subscription period from Mar 28, 2024 to Apr 03, 2024 influenced the final allotment ratios across investor categories.
Final allotment was announced on Apr 04, 2024, distributing shares to successful subscribers. The listing established a continuous market for the company's shares, enabling liquidity, valuation transparency, and broader investor participation.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
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.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- 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.
- 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.
- Mr. Neel Narendrabhai Pujara
- Ms. Tulsi Neel Pujara
Jay Kailash Namkeen Limited
Skyline Financial Services Private Limited