Jay Ambe Supermarkets’ IPO subscribed 64.13 times on the last day. A retail quota was subscribed over 71.39 times, NII was subscribed over 110.24 times, and QIB was subscribed 16.79 times, respectively.
Details About Jay Ambe Supermarkets IPO
Jay Ambe Supermarkets got approval from SEBI for an IPO of around ₹18.45 crores. Jay Ambe Supermarkets IPO is a fully fresh issue of ₹18.45 crores with a face value of ₹10 each.
Further, Jay Ambe Supermarkets had a set price band of ₹74 to ₹78 per share.
In the Jay Ambe Supermarkets IPO, 3,200 shares were in 2 lot sizes for the retail minimum and maximum categories as well. Moreover, 4,800 shares were in 3 lot sizes for the S-HNI category. S-HNI Maximum has 12,800 shares in 8 lot sizes. B-HNI Minimum 14,400 shares in 9 lot sizes.
To invest in the Jay Ambe Supermarkets IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹2,49,600.
- SHNI (S-HNI): Minimum investment of ₹3,74,400.
- S-HNI Maximum: investment of ₹9,98,400.
- B-HNI Minimum: investment of ₹11,23,200.
Jay Ambe Supermarkets IPO’s Subscription Duration
Jay Ambe Supermarkets’ IPO started on September 10, 2025, and closed on September 12, 2025. The Jay Ambe Supermarkets IPO’s allotment date was September 15, 2025, and they received a refund on September 16, 2025. Jay Ambe Supermarkets’ listing date is scheduled for September 17, 2025.
Jay Ambe Supermarkets’ IPO funds deployment
- A portion of IPO money will be utilised for the Purchase of the existing store of the company located at Nana Chiloda, Ahmedabad.
- A portion of the IPO money will be used for the Purchase of fit-outs for three (3) new stores.
- A portion of the IPO money will be used To Meet Working Capital Requirements.
- A portion of the IPO money will be allocated for the General Corporate Purposes.
About Jay Ambe Supermarkets Company
Jay Ambe Supermarkets Limited is a leading company that sells a wide range of everyday products like groceries, home goods, clothes, toys, and more through its supermarket stores.
Jay Ambe Supermarkets also lets other people open stores using its name, called franchisees. These store owners pay a one-time setup fee and a yearly fee to the company. The products sold by the company are listed below
FMCG Food and Non-Food items, Packed and Loose Groceries, Consumer Durables, Luggage and Home Textiles, Men, Women, and Kids Garments, Footwear, Gift Articles, Toys, Stationery, Imitation Jewellery, and more. Its brand, City Square Mart, began in August 2018 in Kudasan, Gandhinagar. Over the past six years, it has grown to 17 stores across Gujarat.
Financial Report of the Jay Ambe Supermarkets Company
In 2024, the company earned ₹42.52 crores in revenue, up from ₹37.39 crores in 2023. Its profit also grew significantly, rising to ₹2.93 crores in 2024 compared to just ₹0.30 crores the previous year.
