How To Check Jay Kailash Namkeen IPO Allotment Status

Jay Kailash Namkeen IPO allotment is expected to be finalised on Thursday, April 4. Jay Kailash Namkeen will list on BSE SME with a tentative listing date fixed for Monday, April 8.

The IPO started taking subscriptions on March 28 and ended on April 3. Investors had the opportunity to bid for shares in lots of 1600 shares, priced between ₹70 to ₹73 per share, with a face value of ₹10 each.

If you applied for the IPO, here is how you can check the Jay Kailash Namkeen IPO allotment status.

Checking IPO Allotment Status on Registrar's Website:

Follow these steps to check the Yash Optics IPO allotment status

  1. Visit the registrar's website.
  2. Click on "Company Selection" and choose "Jay Kailash Namkeen" from the dropdown menu.
  3. On the next page, you can enter your PAN, application number, or Demat.
  4. Click ‘Search' to retrieve your Jay Kailash Namkeen IPO allotment status.

The Yash Optics IPO allotment status will be visible if all the details are entered correctly and the allotment has been finalised.

See Also: Why This Billionaire-Owned Retail Stock Is Flying Over 5% Higher Today

About Jay Kailash Namkeen IPO

Jay Kailash Namkeen Limited was established in 2021 and manufactures packaged Indian snacks.

The company’s product portfolio includes Chana Jor Namkeen, Masala Chana Jor, Pudina Chana, Masala Mung Jor, Plain Mung Jor, Soya Sticks, Haldi Chanas, Chana dal, Sev Murmura and Garlic Sev Murmura, Bhavnagari Gathiya, Chana Dal, Sing Bhujia, Popcorn, Roasted Peanuts, etc.

The company has 186 stock keeping units of 56 products in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms and 20 kilograms. Jay Kailash Namkeen’s customers come from Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Uttar Pradesh.

The company’s production facility is located in Rajkot, Gujarat, and has a production capacity of 10 tons per working day.

About Jay Kailash Namkeen IPO Details And GMP

Jay Kailash Namkeen IPO price band is set at ₹70 to ₹73 per share. The minimum lot size for an application is 1600 shares. The minimum amount of investment required by retail investors is ₹1.16 lakhs. The minimum lot size investment for high-net-worth individuals is 2 lots (3,200 shares) amounting to ₹2.33 lakhs.

The grey market premium (GMP) for Jay Kailash Namkeen IPO is ₹20, which means it is likely to list at around ₹93.

During the bidding process, Jay Kailash Namkeen IPO was subscribed 40.02 times. The public issue was subscribed 50.99 times in the retail category, 2.32 times in the QIB category and 68.93 times in the NII category by April 3.

Read Next: How To Check Yash Optics IPO Allotment Status

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Posted In: NewsIPOsJay Kailash Namkeen