As of March 27th, 2024, Jay Kailash Namkeen Limited’s IPO has ₹32 as Grey Market Premium, with a price band ₹70 to ₹73 per share. Offering lots of 1600 shares, the subscription window is open from March 28, 2024 to April 3, 2024
Jay Kailash Namkeen Limited GMP Today
The Grey Market Premium (GMP) for Jay Kailash Namkeen Limited is ₹32 as of March 27, 2024. This assessment coincides with a price band of ₹70 to ₹73 per share for the IPO.
Jay Kailash Namkeen Limited IPO Review
Jay Kailash Namkeen Limited’s IPO financial analysis reveals a mixed scenario. While positive aspects include increased equity and improved liquidity, concerns arise from declining revenue, profitability, and EPS trends.
The declining revenue trend is worrisome, although increased equity and reduced debt-equity ratio signal growth potential and decreased reliance on debt financing. However, fluctuations in profitability metrics like RoNW and EPS raise caution, necessitating further evaluation before considering investment.
Jay Kailash Namkeen Limited IPO Date
Jay Kailash Namkeen Limited will start accepting subscriptions on March 28, 2024 to April 3, 2024
Jay Kailash Namkeen Limited IPO Price
The price range for Jay Kailash Namkeen Limited is ₹70 to ₹73 per share with a face value of ₹10 each
Jay Kailash Namkeen Limited
Jay Kailash Namkeen Ltd specializes in producing a diverse range of packaged Indian snacks, offering 186 SKUs across 56 products. Initially focusing on B2B operations, the company supplied bulk quantities to established brands. However, since April 2022, it has expanded into B2C sales under the brand “Jay Kailash,” while continuing its wholesale trade of Chana Jor Namkeen in multiple states.
How To Apply For Jay Kailash Namkeen ltd IPO?
To apply for the Jay Kailash Namkeen through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Jay Kailash Namkeen on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Jay Kailash Namkeen IPO at Alice Blue in just a few clicks!