Jay Kailash Namkeen IPO

Jay Kailash Namkeen Limited was established in 2021 and manufactures packaged Indian snacks. The company's product portfolio includes Chana Jor Namkeen, Masala Chana Jor, Pudina Chana, Masala Mung Jor, Plain Mung Jor, Soya Sticks, Haldi Chanas, Chana dal, Sev Murmura & Garlic Sev Murmura, Bhavnagari Gathiya, Chana Dal, Sing Bhujia, Popcorn, Roasted Peanuts, etc. The company has 186 SKUs of 56 products in sizes of ₹5, ₹10, 200 grams, 400 grams, 500 grams, 5 kilograms and 20 kilograms. Jay Kailash Namkeen's customers come from Assam, Bihar, Chhattisgarh, Gujarat, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Telangana and Uttar Pradesh. The company's production facility is located in Rajkot, Gujarat, and has a production capacity of 10 tons per working day. As of November 30, 2023, the company employed 14 permanent employees and 35 hourly paid on-call workers for production and shipping and 6 employees for marketing and sales.

The company intends to utilize the net proceeds of the issue to meet the following objects: To meet the working capital requirement; and General corporate purpose.

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