Jay Kailash Namkeen Ltd - IPO

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