Jay Kailash Namkeen IPO is planning to raise ₹11.93 Crores through its IPO, Fresh issue of 16.34 lakh shares.
Subscription opened on 28 Mar,2024 and closed on 3 Apr,2024. The allotment result is expected Thursday, April 4th, 2024. The BSE and SME have scheduled the listing date for Monday, April 8th, 2024.
The Jay Kailash Namkeen’s IPO share prices are set in the range of ₹70 to ₹73 per share. Retail investors need a minimum investment of ₹116,800 for a lot size of 1600 shares. For HNI, the minimum lot size investment is 2 lots (3200 shares), amounting to ₹233,600.
Table of Contents
IPO GMP
Today, the Gray Market Premium (GMP) for Jay Kailash Namkeen IPO is ₹16. After the allotment is announced, you can check your IPO status on the website: https://www.skylinerta.com/ipo.php.
For more information about the GMP of the Jay Kailash Namkeen’s IPO, please read our blog here.
IPO Details
Date | 28 Mar 2024 to 3 Apr 2024 |
Listing Date | 8 Apr 2024 |
Price Band | ₹70 to ₹73 / share |
Lot Size | 1600 Shares |
Total Issue Size | 1,633,600 shares (around ₹11.93 Cr) |
Fresh Issue | 1,633,600 shares (around ₹11.93 Cr) |
Share holding pre issue | 3,363,333 |
Share holding post issue | 4,996,933 |
IPO Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 1600 | ₹116,800 |
Retail (Max) | 1 | 1600 | ₹116,800 |
HNI (Min) | 2 | 3200 | ₹233,600 |
IPO Timeline
IPO Open Date | 28 Mar 2024 |
IPO Close Date | 3 Apr 2024 |
Basis of Allotment | 4 Apr 2024 |
Initiation of Refunds | 5 Apr 2024 |
Credit of Shares to Demat | 5 Apr 2024 |
Listing Date | 8 Apr 2024 |
Cut-off time for UPI mandate | 3 Apr 2024 (5 PM) |
IPO Reservation Quota
Investor Type | Shares Offered (%) |
---|---|
Market Maker Shares Offered | 5.09% |
QIB Quota | 28.40% |
Retail Quota | 47.50% |
NII Quota | 19.00% |
Total Shares Offered | 100% |
Key Performance Indicator
KPI | Values |
---|---|
ROE | 24.72% |
ROCE | 31.91% |
Debt/Equity | 0.61 |
RoNW | 24.72% |
P/BV | 5.95 |
IPO Financial’s Information ( Value in ₹ Lakhs. )
Period Ended | Nov 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
Assets | 1,118.30 | 671.19 | 613.46 | 373.57 |
Revenue | 646.19 | 987.74 | 1,043.12 | 1,314.80 |
Profit After Tax | 40.45 | 88.79 | 54.57 | 8.81 |
Net Worth | 582.45 | 359.21 | 83.20 | 28.42 |
Reserves and Surplus | 246.12 | 65.88 | 49.42 | |
Total Borrowing | 354.67 | 238.44 | 65.76 | 111.58 |
IPO Objectives
- To cover day to day expenses.
- General corporate needs.
FAQs
Today, the Gray Market Premium for IPO is ₹16.
The expected return for the IPO today is 21.92%.
The start date for applying to the IPO is 22 Mar,2024.
The end date for applying to the IPO is 28 Mar,2024.
The allotment date for the IPO is 3 Apr,2024.
The listing date for the Jay Kailash Namkeen’s IPO is 8 Apr,2024.
You can check the allotment status at https://www.skylinerta.com/ipo.php.