The momentum of the IPO is expected to continue this year as well with bigger deals. Investors are eager to tap stock market ahead of general elections. Sentiment towards new-age companies has improved as well, said Arvinder Singh Nanda, Senior Vice President, of Master Capital Services Ltd
Jay Kailash Namkeen IPO is a Rs 12-crore offer which has opened for susbcription today. The IPO is priced at 70-73 apiece. The firm is engaged in the business of manufacturing packaged Indian snacks.