Jay Ambe Supermarkets IPO Price, GMP, Allotment, Details
The SME (Small and Medium-sized Enterprise) segment of the Indian stock market continues to be a hotspot for IPOs, and the latest one on the horizon is Jay Ambe Supermarkets Limited. Operating under the brand "City Square Mart," the company is poised to enter the public market with its IPO. This comprehensive blog post will provide you with all the essential details, a thorough review of the company, and an analysis of its financials to help you make an informed investment decision.
About Jay Ambe Supermarkets
Jay Ambe Supermarkets Ltd., founded in 2020, is a retail chain based in Gujarat that operates supermarkets under the brand name City Square Mart. The company specializes in a wide range of products, including FMCG (Fast-Moving Consumer Goods), groceries, home textiles, home décor, apparel, toys, and other household items. With a mix of company-owned and franchisee-operated stores, the company has established a strong foothold in the retail sector in Gujarat. Its business model, which includes Franchise-Owned, Company-Operated (FOCO) and Franchise-Owned, Franchise-Operated (FOFO) stores, allows for capital-efficient growth and operational scalability.
Jay Ambe Supermarkets IPO Details
The Jay Ambe Supermarkets IPO is a book-built issue of ₹18.45 crore. The entire issue is a fresh issue of 23.65 lakh shares, which means the company will receive all the proceeds from the IPO. This capital will be utilized for its strategic growth plans, including store expansion and working capital needs.
Objectives of the Issue
The company plans to use the net proceeds from the IPO for the following key purposes:
- Purchasing an existing store in Nana Chiloda, Ahmedabad.
- Acquiring fit-outs for three new stores.
- Meeting working capital requirements.
- General corporate purposes.
Jay Ambe Supermarkets IPO Date and Price
Here are the important dates and pricing information for the IPO:
Key Dates
IPO Activity | Date |
---|---|
IPO Open Date | September 10, 2025 |
IPO Close Date | September 12, 2025 |
Basis of Allotment Finalization | September 15, 2025 |
Initiation of Refunds | September 16, 2025 |
Credit of Shares to Demat Account | September 16, 2025 |
IPO Listing Date | September 17, 2025 |
Price and Lot Size
Details | Information |
---|---|
Price Band | ₹74 to ₹78 per equity share |
Face Value | ₹10 per share |
Minimum Lot Size (Retail) | 1,600 shares |
Minimum Investment (Retail) | ₹1,24,800 |
Jay Ambe Supermarkets IPO GMP (Grey Market Premium)
The Grey Market Premium (GMP) is an unofficial indicator of an IPO's potential listing performance. It reflects the market's sentiment and is often used by investors to gauge potential listing gains. The GMP for Jay Ambe Supermarkets IPO has been observed to be positive, suggesting a potential listing at a premium to the issue price. However, it is essential to remember that GMP is highly volatile and should not be the sole basis for an investment decision.
Jay Ambe Supermarkets IPO Allotment Status
After the IPO closes, the allotment process begins. The registrar for this issue is MUFG Intime India Pvt. Ltd. You can check your allotment status on the registrar's official website using your PAN number or application number. The allotment is expected to be finalized on September 15, 2025. If you are allotted shares, they will be credited to your demat account on September 16, 2025.
Review and Financial Performance
Jay Ambe Supermarkets has a commendable track record of profitability and growth. In the financial year ending March 31, 2025, the company reported a significant increase in revenue, which grew by 42%, and its Profit After Tax (PAT) surged by 78%. These numbers reflect the company's strong operational efficiency and its ability to capitalize on the growing retail sector in India. The proceeds from the IPO will further strengthen its balance sheet and support its expansion strategy, making it an attractive proposition for investors with a long-term horizon. The company's low debt-to-equity ratio and robust return on net worth (RoNW) are also positive indicators.
Frequently Asked Questions (FAQs)
Jay Ambe Supermarkets is a retail chain operating under the brand City Square Mart, selling a wide variety of household and FMCG products through supermarkets in Gujarat.
The IPO will open for subscription on September 10, 2025, and close on September 12, 2025.
The price band is ₹74 to ₹78 per share, and the minimum lot size for retail investors is 1,600 shares, costing a minimum of ₹1,24,800.
You can check your allotment status on the website of the registrar, MUFG Intime India Pvt. Ltd., after September 15, 2025, using your PAN or application number.
The shares are proposed to be listed on the BSE SME exchange.
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