Jay Ambe Supermarkets Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 1,121,600 (47%) | — | ₹875 Cr |
| NII (HNI) | — | 337,600 (14%) | — | ₹263 Cr |
| Retail | — | 787,200 (33%) | — | ₹614 Cr |
| Market Maker | — | 118,400 (5%) | — | ₹9 Cr |
| Σ Total | — | 2,364,800 (100%) | — | ₹18,445 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹124,800 |
| Retail (Max) | 13 | 20,800 | ₹1,622,400 |
| S-HNI (Min) | 14 | 22,400 | ₹1,747,200 |
| B-HNI (Min) | 67 | 107,200 | ₹8,361,600 |
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 47 | 33 | 33 |
| EBITDA | 5 | 3 | 1 |
| Profit After Tax | 3 | 2 | 0 |
| Net Worth | 14 | 8 | 3 |
| Total Assets | 27 | 22 | 17 |
| Reserves & Surplus | 7 | 6 | 1 |
| Total Borrowing | 9 | 9 | 7 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Purchase of existing store of the company located at Nana Chiloda, Ahmedabad – 4.25
- 2 Purchase of fit-outs for Three (3) new stores – 4.63
- 3 To Meet Working Capital Requirements – 4.50
- 4 General Corporate Purposes – 2.75
Company Overview
Incorporated in 2020, Jay Ambe Supermarkets Limited is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, or Apparels, Toys, Gift Articles, Footwear and other house hold items, via supermarkets.
The company operates retail marts through a franchise model, allowing franchisees to sell products under its brand name in exchange for an initial fee and annual licensing fees.
City Square Mart, a brand of Jay Ambe Supermarkets Private Limited, started in August 2018 in Kudasan, Gandhinagar. In six years, it expanded to 17 stores across Gujarat.
Products:
- FMCG Food and Non-Food items
- Packed and Loose Groceries
- Household and General Merchandise
- Consumer Durables
- Luggage and Home Textiles
- Men, Women, and Kids Garments
- Footwear, Gift Articles, Toys, Stationery
- Imitation Jewellery, and more
As on March 31, 2025, the company has a dedicated workforce of 132 employees of which 115 employees spread across various locations are permanent employees while 17 employees are outsourced from security agencies.
Competitive Strengths:
- Strong Vendor Relationships
- Wide Range of Products
- Experienced Management Team
- Customer friendly Refund Policy
- Track record of profitability and consistent financial performance