The Jay Kailash Namkeen IPO saw strong demand, with a subscription of over 38.03 times. The SME IPO garnered 6,21,26,400 share applications against the offered 1,34,99,200 shares. In the retail category, the subscription was 50.99 times, with 3,95,68,000 shares applied for against the offered 7,76,000 shares.
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.
Jay Kailash Namkeen IPO: For those who have invested in the IPO, you can check the IPO allotment status on the BSE platform or the website of IPO s registrar.