Jeyyam Global Foods IPO
Open SmeCurrent GMP
₹24 (+39.34%)
Price Band
₹ 59 – 61
Lot Size
2000
Issue Size
₹81.94 Cr
Minimum Investment
₹244000 (4000 Shares)
Listing Date
09 September 2024
Subscription
-
About the Company
Established in 2008 Jeyyam Global Foods specializes in the manufacturing, processing, and supply of Bengal Gram (locally known as ‘Chana’), Fried Gram, and Besan Flour. The company caters to a diverse market, including distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers. The company is actively involved in research and development and is set to enter the B2C market with products like spices and masalas, ready-to-cook and ready-to-eat foods, salt, sugar, soya, vermicelli, and more. Jeyyam is a brand with a focus on the Chana industry.
Promoters
The Promoters of the company are
- Mr. Shripal Veeramchand Sanghvi
- Mr. Amit Agarwal
- Mrs. Sujathaa Mehta
- Shanti Guru Industries Limited
- Mrs. Sarika Ssangavi
- M/s. Shripal Sanghvi HUF
- M/s. Mahipal Sanghvi HUF
Promoters Holding
Holding Pre Issue
92.00%
Holding Post Issue
0.00%
Objects of the Issue
The company proposes to utilize the funds towards the funding of the following objectives:
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
Address / Contact Info
JEYYAM GLOBAL FOODS LIMITED
No.37 (Old No.19), Padmavathiyar Road,
Gopalapuram, Chennai – 600 086
Phone: 044-4505 4101, 044-2835 1835, +91-90034 02000
E-mail: info@jeyyamfoods.in
Website: http://www.jeyyamfoods.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Monday, 02 September 2024
IPO Close Date
Wednesday, 04 September 2024
Basis of Allotment
Thursday, 05 September 2024
Initiation of Refunds
Friday, 06 September 2024
Credit of Shares to Demat
Friday, 06 September 2024
Listing Date
Monday, 09 September 2024 — NSE & BSE
Important Dates
Open Date
02 September 2024
Close Date
04 September 2024
Basis Of Allotment
05 September 2024
Listing Date
09 September 2024
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 19226.39 | 16835.02 | 9941.17 |
| Revenue | 62983.42 | 38220.62 | 25388.3 |
| Profit After Tax | 1509.11 | 786.8 | 436.8 |
| Net Worth | 8022.42 | 6513.6 | 5726.51 |
| Reserve & Surplus | 6252.02 | 6452.26 | 5665.46 |
| Total Borrowings | 9620.5 | 9226.05 | 3319.3 |
EPS Pre
4.26%
EPS Post
3.18%
P/E Pre
14.31
P/E (Post Issue)
19.20x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of March 31, 2024. |
|---|---|
| ROE % | 18.81 |
| ROCE % | 26.27 |
| Debt / Equity | 1.2 |
| RoNW % | 18.81 |
| PbW | 2.69 |
| Pat Margin % | 2.4 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 3776000 | 28.11 | 0 |
| Market Maker | 672000 | 5 | 0 |
| Qualified Institutions | 2604000 | 19.39 | 0 |
| Non-Institutional | 1914000 | 14.25 | 0 |
| Retail Investors | 4466000 | 33.25 | 0 |
| Total | 13432000 | 100 | 0 |
Subscription Status ( Mon, 26 Aug 24 08:07 AM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 1640000 | 0x |
| Non-Institutional | 0 | 2502000 | 0x |
| Retail Investors | 0 | 18096000 | 0x |
| Total | 0 | 22238000 | 0x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 122,000.00 |
| Retail (Max) | 1 | 2,000 | 122,000.00 |
| S-HNI (Min) | 2 | 4,000 | 244,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- Corpwis Advisors Private Limited IPO Lead Manager
RHP Document
DRHP Document
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.
Jeyyam Global Foods IPO is a Book-building IPO worth ₹81.94 crores. The price band is ₹59 to 61 per share. The IPO opens on Mon, Sep 2, 2024 and closes on Wed, Sep 4, 2024. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Jeyyam Global Foods IPO opens on Mon, Sep 2, 2024 and closes on Wed, Sep 4, 2024
Jeyyam Global Foods IPO Price Band is ₹59 to 61.
Jeyyam Global Foods IPO lot size is 2000, and the minimum amount required for application is ₹244000.
The minimum investment for Jeyyam Global Foods IPO is approximately ₹244000 based on the upper price band.
To apply for the Jeyyam Global Foods 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 Wed, Sep 4, 2024. After submission, funds are blocked until the basis of allotment of Jeyyam Global Foods IPO is finalised.
Jeyyam Global Foods IPO issue size is ₹81.94 crores.
Jeyyam Global Foods IPO allotment date is Sat, Jun 27, 2026.
The registrar for Jeyyam Global Foods IPO is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Jeyyam Global Foods IPO through their official website or helpline.
The Jeyyam Global Foods IPO GMP (Grey Market Premium) is ₹24 as of Mon, Sep 9, 2024. Based on the upper price band of ₹61 per share, the estimated Jeyyam Global Foods IPO listing price is ₹85, indicating a potential listing gain of approximately 31% over the issue price.