
Emerging SME Services · BSE
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.
Price Band
₹70 – ₹73
Issue Size
₹11.93 Cr
Lot Size
1600 shares
GMP
+16.4%
Est. Listing
₹85
at current GMP
Subscribed
40.07x
overall
Open
28 Mar 2024
Close
3 Apr 2024
Allotment
4 Apr 2024
Refund
5 Apr 2024
Demat Credit
6 Apr 2024
Listing
8 Apr 2024
Designated Registrar: Skyline Financial Services Private Limited
Allotment Date
4 Apr 2024
Basis finalization
Refunds Initiate
5 Apr 2024
Mandate release
Demat Credit
6 Apr 2024
Shares in demat
Listing Debut
8 Apr 2024
Trading begins
Jay Kailash Namkeen Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹11.93 Crores. The shares are offered at a price band of ₹70 to ₹73 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,16,800 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-04-06, while un-allotted funds or UPI block mandates will be released on 2024-04-05.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.