Jay Ambe Supermarkets IPO
Open SmeCurrent GMP
₹5 (+6.41%)
Price Band
₹ 74 – 78
Lot Size
1600
Issue Size
₹18.45 Cr
Minimum Investment
₹249600 (3200 Shares)
Listing Date
17 September 2025
Subscription
59.84x
About the Company
Incorporated in 2020, Jay Ambe Supermarkets Limited is engaged in the retail trading of a wide range of products, including FMCG goods, groceries, home textiles, home décor, apparel, toys, gift articles, footwear, and other household essentials, primarily through supermarkets.
The company operates on a franchise-based retail model, enabling franchisees to sell products under its brand name in return for an initial franchise fee and annual licensing charges.
City Square Mart, the flagship brand of Jay Ambe Supermarkets Limited, commenced operations in August 2018 with its first store in Kudasan, Gandhinagar. Over six years, it has expanded its footprint to 17 stores across Gujarat.
Product Portfolio
- FMCG food and non-food items
- Packed and loose groceries
- Household and general merchandise
- Consumer durables
- Luggage and home textiles
- Garments for men, women, and children
- Footwear, gift articles, toys, and stationery
- Imitation jewellery and other lifestyle products
As of March 31, 2025, the company employs a dedicated workforce of 132 people, including 115 permanent staff across various locations and 17 outsourced personnel engaged through security agencies.
Promoters
- Jignesh Amratbhai Patel
- Harshal Daxeshkumar Patel
- Bhikhabhai Shivdas Patel
- Rutwijkumar Maganbhai Patel
Promoters Holding
Holding Pre Issue
71.51%
Holding Post Issue
52.46%
Objects of the Issue
The Company Jay Ambe IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Purchase of existing store of the company located at Nana Chiloda, Ahmedabad (“Acquisition of Identified Store”)
- Purchase of fit-outs for Three (3) new stores
- To Meet Working Capital Requirements
- General Corporate Purposes
Address / Contact Info
Jay Ambe Supermarkets Ltd.
A001,Shubh Vivid, Por Kudasan,
Village- Kudasan, Gandhinagar
Gandhinagar, Gujarat, 382421
Phone: +916358027675
Email: cs@citysquaremart.com
Website: https://citysquaremart.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 10 September 2025
IPO Close Date
Friday, 12 September 2025
Basis of Allotment
Monday, 15 September 2025
Initiation of Refunds
Tuesday, 16 September 2025
Credit of Shares to Demat
Tuesday, 16 September 2025
Listing Date
Wednesday, 17 September 2025 — NSE & BSE
Important Dates
Open Date
10 September 2025
Close Date
12 September 2025
Basis Of Allotment
15 September 2025
Listing Date
17 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 26.78 | 22.02 | 16.79 |
| Revenue | 47.4 | 33.41 | 32.69 |
| Profit After Tax | 2.75 | 1.55 | 0.35 |
| Net Worth | 13.57 | 7.55 | 3.09 |
| Reserve & Surplus | 7.06 | 5.55 | 1.36 |
| Total Borrowings | 8.71 | 8.56 | 7.47 |
EPS Pre
4.23%
EPS Post
3.10%
P/E Pre
18.45
P/E (Post Issue)
25.15x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 26.07 | 29.1 | 15.18 |
| ROCE % | 24.12 | 21.34 | 12.32 |
| Debt / Equity | 0.64 | 1.13 | 2.41 |
| RoNW % | 20.29 | 20.51 | 11.41 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 5.82 | 4.64 | 1.08 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 449600 | 28.56 | 0 |
| Non-Institutional | 456000 | 21.44 | 0 |
| BNII | 227200 | 14.43 | 0 |
| SNII | 110400 | 7.01 | 0 |
| Retail Investors | 787200 | 50 | 0 |
| Total | 1574400 | 100 | 0 |
Subscription Status ( Fri, 12 Sep 25 01:32 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 449600 | 7550400 | 16.79x |
| Non-Institutional | 456000 | 37339200 | 81.88x |
| Retail Investors | 787200 | 56403200 | 71.65x |
| Total | 1692800 | 101292800 | 59.84x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Jay Ambe Supermarkets Ltd | 10 | 0.00 | 4.50 | 4.50 | 20.29 | 20.83 |
| Osia Hyper Retail Ltd | 1 | 17.00 | 1.46 | 1.46 | 4.97 | 23.85 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 249,600.00 |
| Retail (Max) | 2 | 3,200 | 249,600.00 |
| S-HNI (Min) | 3 | 4,800 | 374,400.00 |
| S-HNI (Max) | 8 | 12,800 | 998,400.00 |
| B-HNI (Min) | 9 | 14,400 | 1,123,200.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Jay Ambe Supermarkets IPO is a Book-building IPO worth ₹18.45 crores. The price band is ₹74 to 78 per share. The IPO opens on Wed, Sep 10, 2025 and closes on Fri, Sep 12, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Jay Ambe Supermarkets IPO opens on Wed, Sep 10, 2025 and closes on Fri, Sep 12, 2025
Jay Ambe Supermarkets IPO Price Band is ₹74 to 78.
Jay Ambe Supermarkets IPO lot size is 1600, and the minimum amount required for application is ₹249600.
The minimum investment for Jay Ambe Supermarkets IPO is approximately ₹249600 based on the upper price band.
To apply for the Jay Ambe Supermarkets IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Sep 12, 2025. After submission, funds are blocked until the basis of allotment of Jay Ambe Supermarkets IPO is finalised.
Jay Ambe Supermarkets IPO issue size is ₹18.45 crores.
Jay Ambe Supermarkets IPO allotment date is Sat, Jun 27, 2026.
The registrar for Jay Ambe Supermarkets IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Jay Ambe Supermarkets IPO through their official website or helpline.
The Jay Ambe Supermarkets IPO GMP (Grey Market Premium) is ₹5 as of Wed, Sep 17, 2025. Based on the upper price band of ₹78 per share, the estimated Jay Ambe Supermarkets IPO listing price is ₹83, indicating a potential listing gain of approximately 31% over the issue price.