Business Standard

Jay Kailash Namkeen Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

11.93 cr

Price Range (₹)

73

Lot Size

1600

Min Investment (₹)

1,16,800.00

Listing Exchange

BSE - SME

Open Date

28-Mar-2024

Close Date

03-Apr-2024

Listing Date

08-Apr-2024

Jay Kailash Namkeen Ltd News

    The Shares of Jay Kailash Namkeen Ltd have now been listed.

    Jay Kailash Namkeen Ltd IPO Details

    Initial public issue of up to 16,33,600 equity shares of face value of Rs. 10/- each (Equity Shares) of Jay Kailash Namkeen Limited (Company) for cash at a price of Rs. 73 per equity share (including a share premium of Rs. 63 per equity share) (Issue Price) aggregating to Rs. 11.93 crores of which up to 83,200 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 73 per equity share including a share premium of 63 per equity share aggregating to Rs. 0.61 crores is reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of 15,50,400 equity shares of face value of Rs. 10/- each at a price of Rs. 73 per equity share aggregating to Rs. 11.32 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 32.69% and 31.03% respectively of the post issue paid up equity share capital.The Offer Price is Rs. 73 per equity share of face value of Rs. 10 each.The Offer price is 7.3 times of the face value.Bid can be made for a minimum of 1600 equity shares and in multiples of 1600 equity shares thereafter.

    Objective of issue

    To Meet Working Capital Requirement. General Corporate Expenses.

    Jay Kailash Namkeen Ltd Contact Details

    Jay Kailash Namkeen Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

    Phone - 91-11-26812682

    Fax - 91-11-30857562

    Email - cs@jaykailashnamkeen.com

    Website - www.jaykailashnamkeen.com