Jay Ambe Supermarkets IPO
GMP, Subscription, Price, Dates & Financial Details
Retailing
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…
Open Date
Wed, 10 Sep 2025
Close Date
Fri, 12 Sep 2025
Price Band
₹ 74 – 78
Lot Size
1600
Issue Size
₹ 18.45 Cr
Minimum Investment
₹ 249,600 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Jay Ambe Supermarkets IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹18.45 Crore, comprising a fresh issue of 23.65 Lakh equity shares aggregating to ₹18.45 Crore.
The Jay Ambe Supermarkets IPO remained open for subscription from September 10, 2025, to September 12, 2025. The basis of allotment was finalized on September 15, 2025, and the company's shares were listed on BSE SME Platform on September 17, 2025.
The company had fixed the price band at ₹74 to ₹78 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹249,600 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Jay Ambe Supermarkets Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Jay Ambe Supermarkets IPO Timeline (Tentative)
- IPO Open Date
- Wed, 10 Sep 25
- IPO Close Date
- Fri, 12 Sep 25
- Basis of Allotment
- Mon, 15 Sep 25
- Initiation of Refunds
- Tue, 16 Sep 25
- Credit of Shares to Demat
- Tue, 16 Sep 25
- Listing Date
- Wed, 17 Sep 25 — NSE & BSE
Open Date
10 September 2025
Close Date
12 September 2025
Basis Of Allotment
15 September 2025
Listing Date
17 September 2025
IPO Subscription
Check Live Subscription →The Jay Ambe Supermarkets IPO has received bids for 10,12,92,800 shares against 16,92,800 shares offered, resulting in an overall subscription of 59.84x. the NII category is subscribed 81.88x, Retail Investors 71.65x, and QIBs 16.79x.
QIB
16.79x
NII
81.88x
RII
71.65x
Total
59.84x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,87,200 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,49,600 shares (28.56%), while Non-Institutional Investors (NIIs) receive 4,56,000 shares (21.44%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 449,600 | 28.56% |
| Non-Institutional | 456,000 | 21.44% |
| BNII | 227,200 | 14.43% |
| SNII | 110,400 | 7.01% |
| Retail Investors | 787,200 | 50% |
| Total | 1,574,400 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Jay Ambe Supermarkets Limited KPI Information
| 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 |
| Pat Margin % | 5.82 | 4.64 | 1.08 |
Peers Comparison
| 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 |
About Jay Ambe Supermarkets Limited
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.
Jay Ambe Supermarkets IPO 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%
Jay Ambe Supermarkets IPO Objective
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
Jay Ambe Supermarkets Limited Address / Contact Details
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
Jay Ambe Supermarkets IPO Lot Size
The Jay Ambe Supermarkets IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,49,600 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,49,600.
| 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 |
Issue Reservation
- QIB — 28.56%
- NII — 21.44%
- RII — 50%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Jay Ambe Supermarkets IPO?
Jay Ambe Supermarkets IPO is a Book-building IPO with a total issue size of ₹18.45 crore. The Jay Ambe Supermarkets IPO price band is ₹74 to 78 per share. The Jay Ambe Supermarkets IPO subscription opens on Wed, Sep 10, 2025, and closes on Fri, Sep 12, 2025. The Jay Ambe Supermarkets IPO will be listed on the BSE. MUFG Intime India Private Limited is the registrar for the Jay Ambe Supermarkets IPO.
When will the Jay Ambe Supermarkets IPO open for subscription?
The Jay Ambe Supermarkets IPO opens on Wed, Sep 10, 2025 and closes on Fri, Sep 12, 2025
What is Jay Ambe Supermarkets IPO Price Band?
Jay Ambe Supermarkets IPO Price Band is ₹74 to 78 per share.
What is Jay Ambe Supermarkets IPO Lot Size?
Jay Ambe Supermarkets IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
What is the minimum investment for Jay Ambe Supermarkets IPO?
The minimum investment for Jay Ambe Supermarkets IPO is ₹249600, based on one lot of 1600 shares at the upper price band of ₹78 per share.
How to apply for Jay Ambe Supermarkets IPO?
Investors can apply for the Jay Ambe Supermarkets IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Sep 12, 2025. The application amount remains blocked until the Jay Ambe Supermarkets IPO allotment is finalized.
What is Jay Ambe Supermarkets IPO Issue Size?
Jay Ambe Supermarkets IPO issue size is ₹18.45 crores.
What is the Jay Ambe Supermarkets IPO Allotment Date?
Jay Ambe Supermarkets IPO allotment date is Mon, Sep 15, 2025.
Who is the Jay Ambe Supermarkets IPO Registrar?
The registrar for Jay Ambe Supermarkets IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Jay Ambe Supermarkets IPO allotment status, refund processing, and other IPO-related information.
What is the Jay Ambe Supermarkets IPO GMP?
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 6.41% over the issue price.
Who is the Jay Ambe Supermarkets IPO Lead Manager?
The book-running lead managers (BRLMs) for the Jay Ambe Supermarkets IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Jay Ambe Supermarkets IPO Red Herring Prospectus (RHP).