Jay Kailash Namkeen Ltd - Stock Valuation and Financial Performance

Jay Kailash Namkeen Limited was originally incorporated on June 30, 2021 as ‘Jay Kailash Namkeen (OPC) Private Limited’ under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently the Company had acquired the running business of “Kailash Namkeen” a proprietorship firm through Business Transfer Agreement dated July 26, 2021. M/s. Kailash Namkeen was a Proprietorship firm of Nishitbhai Navinbhai Sonchhatra formed on December 01, 2011 and engaged in manufacturing of Namkeen in Rajkot, Gujarat. Due to demise of Mr. Nishitbhai Navinchandra Sonchhatra on April 17, 2021, business of Kailash Namkeen was taken over by the Company vide Business Transfer Agreement dated July 26, 2021 through legal heir Mrs. Shilpaben Nishitbhai Sonchatra (wife of Nishitbhai Navinchandra Sonchhatra). 

Further the name of the Company was changed from “Jay Kailash Namkeen (OPC) Private Limited” to “Jay Kailash Namkeen Private Limited” and fresh certificate of incorporation dated May 25, 2022 was issued by, Registrar of Companies, Ahmedabad pursuant to conversion of one-person company to private company. Subsequently the Company was converted into Public Limited Company and name of company was changed from “Jay Kailash Namkeen Private Limited” to “Jay Kailash Namkeen Limited” vide fresh certificate of incorporation dated June 24, 2022 issued by the Registrar of Companies, Ahmedabad.

The company is engaged in the business of manufacturing of packaged Indian snacks. Its range of Indian snacks 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. Its diversified product portfolio is therefore, relatively less susceptible to shifts in consumer preferences, market trends and risks of operating in a particular product segment.  The company was initially engaged in B2B business wherein it manufactures products in bulk quantities for other well recognised companies/brands in same industry. 

It maintains hygienic norms and use quality raw materials for manufacturing of its products. With a client centric approach, the company strives hard for utmost contentment of the customers. The manufactured products are prepared completely under hygienic atmosphere by the professional makers. It has been certified by Food Safety and Standards Authority of India (FSSAI) for the quality management systems of the company in relation to its products. Also, it is ISO 9001:2015 and ISO 22000: 2018 certified company.

Business area of the company

The company is engaged in the business of manufacturing of packaged snacks.

Products of the company

• Chana Jor
• Sticks
• Flavoured Chana
• Triangle
• Sing 
• Mutter Crunchy 
• Magic Puri

History and milestones

• 2021: Incorporation of the Company in the name and style of ‘Jay Kailash Namkeen (OPC) Private Limited’.
• 2021: Acquired the Running Business of ‘Kailash Namkeen’ vide Business Transfer Agreement dated July 26, 2021.
• 2022: Converted into Private Limited Company and Changed the name of Company from Jay Kailash Namkeen (OPC) Private Limited to Jay Kailash Namkeen Private Limited.
• 2022: Converted into Public Limited Company vide fresh certificate of incorporation dated June 24, 2022.