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Category :
IPO
Headline :
Jay Kailash Namkeen announces launch of initial public offering
Date:
21/03/2024 13:50
Jay Kailash Namkeen Ltd. has announced public offering of 1633600 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 63.00 per share. The gross proceeds of the issue are expected to be Rs 1,192.53 lakhs.
The company's initial public offer (IPO) will open on 28 March 2024 and is expected to close on 03 April 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 70.00-73.00 per share.
The IPO includes a fresh Issue of 1633600 Equity Shares of the Company at an price of Rs 73.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Jay Kailash Namkeen Ltd. anticipates using the proceeds of the issue for .
Expert Global Consultants Pvt. Ltd. as lead manager & SKYLINE FINANCIAL SERVICES PRIVATE LTD is the registrar, to the issue.
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