
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
Overall Subscription
40.07x
Total Demand
QIB Multiplier
2.32x
Institutions & Funds
NII / HNI
69.20x
High Net-Worth
Retail (RII)
50.99x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 464,000 | 1,078,400 | 2.32x |
| NIB | 310,400 | 21,480,000 | 69.20x |
| RETAIL | 776,000 | 39,568,000 | 50.99x |
| Total | 1,550,400 | 62,126,400 | 40.07x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 357 | 18,203 | 50.99x |
| HNIs (10L +) | 2 | 138 | 69.20x |
| HNIs (2-10L) | 11 | 761 | 69.20x |
| Total Applications | 370 | 19,102 | 51.63x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Jay Kailash Namkeen Limited IPO is ₹12 per equity share. Based on the upper price band of ₹70 to ₹73 per equity share, the estimated listing price is ₹85 (+16.4% expected listing gain).
With a lot size of 1600 shares and current GMP of ₹12, the expected profit per application lot is approx ₹19,200 (+16.4% gain). Minimum application cost is approx ₹1,16,800.
The Jay Kailash Namkeen Limited IPO aggregate issue size is ₹11.93 Crores with an equity price band set at ₹70 to ₹73 per equity share. The retail lot size is 1600 shares requiring a minimum capital outlay of approx. ₹1,16,800.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 40.07x (Retail: 50.99x, QIB: 2.32x, NII: 69.20x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2024-04-04. Investors can verify status using PAN card or application number.
Jay Kailash Namkeen Limited shares are scheduled to list on BSE on 2024-04-08.