Unlock All Investment Avenues with 5paisa!

Are you seeking diverse investment opportunities all under one roof? Look no further! 5paisa brings you an exclusive chance to broaden your investment portfolio with ease. Sign up today using the referral code RUBI114 or simply click [here](https://5paisa.page.link/1AV8Cap2rDk28bdn7) to open a FREE account and embark on your investment journey now!

Current IPO Spotlight: Jay Kailash Namkeen Limited IPO (March 28 - April 3, 2024)

Here's your chance to delve into the exciting world of IPOs with the Jay Kailash Namkeen Limited IPO. Scheduled from March 28 to April 3, 2024, this IPO presents a unique opportunity to invest in a book-built issue worth Rs 11.93 crores, comprising entirely of fresh shares amounting to 16.34 lakh.

Key IPO Details:

- Opening Date: March 28, 2024

- Closing Date: April 3, 2024

- Allotment Date: Expected on April 4, 2024

- Listing Date: Tentatively set for April 8, 2024

- Price Band: ₹70 to ₹73 per share

- Minimum Lot Size: 1600 Shares

- Retail Investor Minimum Investment: ₹116,800

- HNI Minimum Investment: ₹233,600 (2 lots)

Why Invest in Jay Kailash Namkeen IPO?

Jay Kailash Namkeen Limited, established in 2021, is a prominent player in the packaged Indian snacks industry. Their diverse product portfolio includes a range of popular snacks catering to various tastes and preferences across different regions of India. With a robust production facility located in Rajkot, Gujarat, boasting a capacity of 10 tons per working day, the company is poised for growth and expansion.

Financial Performance Snapshot:

- Revenue: ₹646.19 Lakhs (as of Nov 30, 2023)

- Profit After Tax: ₹40.45 Lakhs (as of Nov 30, 2023)

- Market Capitalization: ₹36.48 Crores (as of March 31, 2023)

- Key Performance Indicators: ROE - 24.72%, ROCE - 31.91%, Debt/Equity - 0.61, PAT Margin - 9.06%

Objectives of the Issue:

The proceeds from the IPO will primarily be utilized to meet the company's working capital requirements and for general corporate purposes, ensuring sustained growth and development.

Don't Miss Out on This Opportunity!

Seize the opportunity to be part of Jay Kailash Namkeen's growth story by investing in their IPO. With 5paisa, your investment journey becomes seamless and rewarding. Sign up today using the referral code RUBI114 or click [here](https://5paisa.page.link/1AV8Cap2rDk28bdn7) to open a FREE account and unlock a world of investment possibilities!

Comments

Global Market Trends Impacting Indian Equities: Sensex and Nifty Poised for a Positive Start

In the dynamic landscape of equity markets, the Sensex and Nifty are gearing up for a promising opening on Wednesday, influenced by robust global market performances. Despite a surge in crude oil prices reaching $80, a trend triggered by oil giants altering their routes in response to security concerns in the Red Sea—where Yemen's Houthis are targeting commercial vessels—the Indian indices remain resilient. As the clock strikes 7:30 am, Gift Nifty futures demonstrate an optimistic stance, surging by 80 points at 21,610 over the last close of Nifty futures. Contributing to this positive momentum is the Bank of Japan's decision to maintain its policy status quo, contributing to extended gains in the Asian markets. Notably, the Nikkei witnessed a commendable jump of 1.6%, while Hang Seng and Kospi marked a 1% increase each. Australia’s S&P/ASX 200, too, showed a positive trend, rising by 0.5%. Across the Pacific, the US market painted a similar picture of optimism.

Unlocking the Potential: JM Financial Identifies 25 GW Opportunity in Wind Repowering Policy

In the dynamic landscape of renewable energy, JM Financial has identified a significant opportunity in the Wind Repowering policy, branding it as a potential 25 GW venture. The revelation sheds light on the transformative potential of rejuvenating old wind farms, particularly those equipped with low-rating turbines dating back to the 1990s, primarily supplied by Suzlon. JM Financial emphasizes the advantageous position of Suzlon in this scenario, citing the company's extensive repository of site data. The Wind Repowering policy aligns well with Suzlon's capabilities, especially considering the historic prevalence of its turbines in the earlier installations. A noteworthy milestone for Suzlon is the recent recognition of its S144 - 3 MW series of wind turbines. The Ministry of New and Renewable Energy (MNRE) bestowed the RLMM listing upon these turbines, a crucial step for successful commercialization. The company highlights the indispensability of this listing in en

Navigating the Stock Market Landscape During the Festive Break

A Forecast for the Week As the holiday spirit envelops the financial markets, analysts predict a range-bound trajectory for stocks in the upcoming week. With Christmas festivities prompting a market closure on Monday, the week is expected to unfold with a certain level of tranquility. The Influence of Domestic Triggers In the absence of significant domestic triggers, the stock market is poised to respond more to external factors. Analysts closely watch for any unforeseen events that might sway market sentiments during this relatively quiet period. Volatility and the Monthly Derivatives Expiry One factor introducing an element of unpredictability is the monthly derivatives expiry scheduled for Thursday. Investors may witness increased volatility as market participants adjust their positions ahead of this crucial event. Navigating Financial Landscapes Beyond Stocks Diversifying Investments with Insurance Amidst the stock market dynamics, individuals are encouraged to explore

Indian Stocks

Search This Blog