Jay Kailash Namkeen IPO

Jay Kailash Namkeen Ltd. announces an IPO worth INR 11.93 Cr, with 16.33 lakh new shares. Funds to boost working capital and corporate purposes.

Important Details

Date: Mar 28 to April 3, 2024 Listing Date: April 8, 2024 Price: INR 70 to 73 per share Lot Size: 1600 Shares Total Issue Size: INR 11.93cr

Fundamental Analysis

Jay Kailash's IPO analysis shows improved equity and liquidity but declining revenue, profitability, and EPS trends. Further market evaluation advised.

Peer Comparison

Jay Kailash Namkeen shows Lower EPS, RoNW, no PE ratio. Annapurna Swadisht: Higher EPS, RoNW, lower revenue. Prataap Snacks: Highest revenue, EPS, PE ratio, NAV per share.

Objective

Jay Kailash Namkeen Ltd IPO aims to allocate INR 7.00 crores for working capital and the rest for strategic initiatives, partnerships, branding, marketing, and new client referrals.

Risks And Challenges

Jay Kailash Namkeen risks,Potential cost increases, raw material shortages, lack of long-term supplier agreements, underutilized production & limited customer  revenue.

Apply for  Jay Kailash Namkeen IPO with Alice Blue  completely  free of cost.

Disclaimer:

&

*T&C Apply