Jay Kailash Namkeen debuts on BSE SME platform at Rs 85 with a 16.43% premium. The 16.33 lakh shares IPO was oversubscribed 40 times. They offer Chana Jor Namkeen and entered B2C business in April 2022.
The allotment for the SME IPO of Jay Kailash Namkeen will be finalised on Thursday. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
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.