Jay Ambe Supermarkets IPO Details
The Jay Ambe Supermarkets IPO is a book build issue with a total issue size of ₹18.45 cr, comprising of fresh issue of 2364800 equity shares. Jay Ambe Supermarkets IPO opened for subscription on Sep 10, 2025 and closed on Sep 12, 2025. Jay Ambe Supermarkets IPO is set price band at ₹74 to ₹78 per share, with a lot size of 1600 shares. Minimum investment for Retail investors was ₹249,600.00 (at the upper price band) to apply for one lot.
The basis of allotment got finalized on Sep 15, 2025, and listed on both the NSE and BSE on Sep 17, 2025.
MUFG Intime India Private Limited has been appointed as the registrar. Beeline Capital Advisors Pvt Ltd are the Book Running Lead Manager for the issue.
Before investing in the Jay Ambe Supermarkets IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.
- Price Band
- ₹ 74 – 78
- Lot Size
- 1600
- Issue Size
- ₹18.45 Cr
- Minimum Investment
- ₹249600 (3200 Shares)
- Listing Date
- 17 September 2025
Current GMP
₹5 (+6.41%)
*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.
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
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
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
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 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.
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 per share.
Jay Ambe Supermarkets IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹249600 based on the upper price band
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.
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.
Jay Ambe Supermarkets IPO issue size is ₹18.45 crores.
Jay Ambe Supermarkets IPO allotment date is Wed, Jul 1, 2026.
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.
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 0% over the issue price.