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Jay Kailash Namkeen IPO
Price Band
₹70.0–73.0
Issue Size
₹11.93 Cr
Lot Size
1,600 shares
Min Investment
₹116,800
GMP
+₹12.0 (16.44%)
Issue Price
₹73.0
Subject to Sauda
₹14600
Paid only if allotted
Jay Kailash Namkeen IPO AI Summary
- Jay Kailash Namkeen IPO is listed on BSE SME in the Packaged Foods sector.
- Price band: ₹70.0–₹73.0 per share, lot size 1,600 shares (min. investment ₹116,800).
- Subscription window: 28 Mar–03 Apr 2024, listing on 08 Apr 2024.
- Current GMP is +₹12.0 (16.44%), an estimated listing price of ₹85 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Jay Kailash Namkeen IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 03 Apr 2024 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Jay Kailash Namkeen IPO Grey Market Premium (GMP) Today
GMP
+₹12.0
GMP %
+16.44%
Est. Listing
₹85.0
Updated: 25 Jul 2026 14:06
About the Company
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.
Company Financials (₹ Cr)
As of 2023-11-30
| Period Ended | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 11.18 | 6.71 | 6.13 | 3.74 |
| Total Income | 6.46 | 9.88 | 10.43 | 13.15 |
| Profit After Tax | 0.40 | 0.89 | 0.55 | 0.09 |
| NET Worth | 5.82 | 3.59 | 0.83 | 0.28 |
| Reserves and Surplus | 2.46 | 0.66 | 0.49 | |
| Total Borrowing | 3.55 | 2.38 | 0.66 | 1.12 |
Key Ratios
EPS
₹2.64
NAV
₹12.27
ROE
24.72%
ROCE
31.91%
RoNW
24.72%
P/B Value
5.95
P/E Ratio
27.65
Market Cap
₹36.48 Cr
PAT Margin
9.06%
Debt/Equity
0.61
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Prataap Snacks Ltd | 288.34 | 3.07% | 86.55 | 8.51 | 8.51 |
| Annapurna Swadisht Limited | 36.39 | 11.95% | 44.24 | 4.35 | 4.35 |
| Jay Kailash Namkeen Limited This IPO | 12.25 | 24.72% | — | 3.03 | 3.03 |
Promoters
Neel Narendrabhai Pujara and Tulsi Neel Pujara
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 To meet the working capital requirement and 7.00 2 General corporate purpose 2.93
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹13.15 Cr in the period ending 31 Mar 2021, declining to ₹10.43 Cr by 31 Mar 2022, further decreasing to ₹9.88 Cr by 31 Mar 2023, and then falling to ₹6.46 Cr as of 30 Nov 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Profit Trend
Profit After Tax was ₹0.09 Cr in the period ending 31 Mar 2021, increasing to ₹0.55 Cr by 31 Mar 2022, rising further to ₹0.89 Cr by 31 Mar 2023, and then decreasing to ₹0.40 Cr as of 30 Nov 2023, though this is a 9-month figure, not a full year, so isn't directly comparable.
Valuation
Jay Kailash Namkeen Limited's implied P/E at the issue price of ₹73.0 is approximately 27.65 times trailing earnings, compared to peers trading at P/E ratios ranging from 44.24 to 86.55.
Grey Market Premium, Explained
The Grey Market Premium (GMP) is a measure of the expected listing gain of an IPO. It reflects the price at which the shares are traded in the unofficial market before they are listed on the stock exchange. A positive GMP indicates that the IPO may list at a higher price than the issue price.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's financial health and market position.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
Listing Gains — The Risk
Listing-day gains can be unpredictable and are influenced by market conditions, investor sentiment, and the overall performance of the company. It's important to understand that while some IPOs may see significant gains on their first day of trading, others may not perform as well.
This evaluation is generated from Jay Kailash Namkeen's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Jay Kailash Namkeen IPO GMP today?
Jay Kailash Namkeen IPO GMP today is +₹12.0 (16.44%), indicating an estimated listing price of ₹85. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Jay Kailash Namkeen IPO?
The price band of Jay Kailash Namkeen IPO is ₹70.0–₹73.0 per share.
When does Jay Kailash Namkeen IPO open and close?
Jay Kailash Namkeen IPO opens on 28 March 2024 and closes on 03 April 2024.
When does Jay Kailash Namkeen IPO list on the stock exchange?
Jay Kailash Namkeen IPO listed on 08 April 2024 at ₹85.0.
What is the lot size for Jay Kailash Namkeen IPO?
The lot size for Jay Kailash Namkeen IPO is 1600 shares, requiring a minimum investment of ₹116,800.
What is the price band for the IPO?
The price band for the IPO is ₹70.0 to ₹73.0.
What is the lot size for the IPO?
The lot size for the IPO is 1600 shares.
What is the minimum investment required?
The minimum investment required is ₹116,800.
When is the IPO open for subscription?
The IPO is open for subscription from March 28, 2024, to April 3, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing gain of an IPO.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
28 Mar 2024
Close
03 Apr 2024
Allotment
04 Apr 2024
Listing
08 Apr 2024
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