March 28, 2024 - April 3, 2024

Jay Kailash Namkeen IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Jay Kailash Namkeen IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Jay Kailash Namkeen IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Jay Kailash Namkeen IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in a highly competitive segment of namkeen. It posted inconsistency in its financial performance for the reported periods. Low capacity utilization is a major concern. Based on FY24 annualized earnings, the issue appears exorbitantly priced. There is no harm in skipping this pricey bet. Read detail review...

Jay Kailash Namkeen IPO Peer Comparison

Jay Kailash Namkeen Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Jay Kailash Namkeen Limited	3.03	3.03	12.25		24.72	5.96	Standalone
Annapurna Swadisht Limited	4.35	4.35	36.39	44.24	11.95		Consolidated
Prataap Snacks Ltd	8.51	8.51	288.34	86.55	3.07		Consolidated

Notes:

Financial information for Jay Kailash Namkeen Limited is derived from Audited Financial Statements of the company for the period ended March 31, 2023.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Jay Kailash Namkeen IPO Review by Members

Jay Kailash Namkeen IPO Reviews, analysis and views by popular members. Read Jay Kailash Namkeen Limited IPO reviews by retail investors to find recommended ipo to buy.

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Jay Kailash Namkeen IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Avoid Company coming at 60x PE for Namkeen seller... End of SME is near March 21, 2024 7:42:23 PM

Member

Review

IPO LEADER

IPO Mentor (800+ Posts, 400+ Likes)

Avoid

Company coming at 60x PE for Namkeen seller... End of SME is near

March 21, 2024 7:42:23 PM

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