Jay Kailash Namkeen Limited

Company Profile
Company Name Jay Kailash Namkeen Limited
Open Date 28-03-2024
Close Date 03-04-2024
Exchange BSE SME
Lot Size 1600 Shares
Issue Price ₹70 to ₹73 per share
Issue Size 16,33,600 shares
Application Amount ₹1,16,800
Recommendation Avoid
Incorporated in 2011, as a proprietorship firm Jay Kailash Namkeen Limited has its registered office in Rajkot, Gujarat, India. The company is engaged in the business of manufacturing packaged Indian snacks. The company’s range of Indian snacks 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 As of November 30, 2023, the company had a total of 14 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-21 Mar-22 Mar-23 Nov-23
Total Assets 373.58 223.25 671.19 1,118.31
Net Assets 28.42 50.42 359.21 582.45
Total Borrowings 111.59 13.97 238.43 354.68
Total Revenue 1,314.81 1,043.12 987.74 646.19
Profit After Tax 8.80 54.58 88.79 40.46

Tentative Timeline

Opening Date 28-03-2024
Closing Date 03-04-2024
Basis of Allotment 04-04-2024
Initiation of Refunds 05-04-2024
Credit of Shares to Demat 05-04-2024
Listing Date 08-04-2024

Objects of the Issue

To meet working capital requirements.
General corporate purposes.

Contact Information

Registered Office 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/

Registrar Details

Name Skyline Financial Services Private Ltd
Phone 02228511022
Email ipo@skylinerta.com
Website https://www.skylinerta.com/ipo.php

IPO Reservation

QIB Shares Offered Not more than 30.00% of the Net Issue
Retail Shares Offered Not less than 50.00% of the Net Issue
NII (HNI) Shares Offered Not less than 20.00% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 71.81%
Share Holding Post Issue (Promoters) 48.33%

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