JAY KAILASH NAMKEEN LIMITED IPO
JAY KAILASH NAMKEEN LIMITED was a SME IPO, offered at ₹70–₹73 per share. The issue was subscribed 38.03× overall (QIBs 2.32×, NIIs 54.57×, retail 50.99×). It listed on 8 Apr 2024 at ₹85 and closed its first day at ₹81, a listing gain of +10.6% versus the ₹73 issue price. It now trades around ₹48 (-34.0% versus the issue price).
Frequently asked questions
- How many times was the JAY KAILASH NAMKEEN LIMITED IPO subscribed?
- The JAY KAILASH NAMKEEN LIMITED IPO was subscribed 38.03× overall — 2.32× in the QIB category, 54.57× among non-institutional investors, 50.99× in retail.
- What were the JAY KAILASH NAMKEEN LIMITED IPO listing gains?
- JAY KAILASH NAMKEEN LIMITED listed on 8 Apr 2024 at ₹85, closing its first day at ₹81 — a listing gain of +10.6% versus the ₹73 issue price.
- What were the retail allotment odds for the JAY KAILASH NAMKEEN LIMITED IPO?
- Retail was subscribed 50.99×, so a single-lot application had roughly a 2% chance of allotment (about 1 in 51), and allotment was finalised on 4 Apr 2024.
- What was the price band and lot size of the JAY KAILASH NAMKEEN LIMITED IPO?
- The price band was ₹70–₹73 per share.