Jeyyam Global Foods IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Mon, 02 Sep 2024
Close Date
Wed, 04 Sep 2024
Price Band
₹ 59 – 61
Lot Size
2000
Issue Size
₹ 81.94 Cr
Minimum Investment
₹ 244,000 (4000 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
Jeyyam Global Foods IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹81.94 Crore, comprising a fresh issue of 1.21 Crore equity shares aggregating to ₹73.74 Crore and an offer for sale (OFS) of 13.43 Lakh equity shares aggregating to ₹8.19 Crore by the existing shareholders.
The Jeyyam Global Foods IPO remained open for subscription from September 02, 2024, to September 04, 2024. The basis of allotment was finalized on September 05, 2024, and the company's shares were listed on NSE SME Platform on September 09, 2024.
The company had fixed the price band at ₹59 to ₹61 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹244,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. Corpwis Advisors Private Limited IPO Lead Manager acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Jeyyam Global Foods Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Jeyyam Global Foods IPO Timeline (Tentative)
- IPO Open Date
- Mon, 02 Sep 24
- IPO Close Date
- Wed, 04 Sep 24
- Basis of Allotment
- Thu, 05 Sep 24
- Initiation of Refunds
- Fri, 06 Sep 24
- Credit of Shares to Demat
- Fri, 06 Sep 24
- Listing Date
- Mon, 09 Sep 24 — NSE & BSE
Open Date
02 September 2024
Close Date
04 September 2024
Basis Of Allotment
05 September 2024
Listing Date
09 September 2024
IPO Subscription
Check Live Subscription →The Jeyyam Global Foods IPO has received bids for 2,22,38,000 shares against 0 shares offered, resulting in an overall subscription of 0x. the NII category is subscribed 0x, Retail Investors 0x, and QIBs 0x.
QIB
0x
NII
0x
RII
0x
Total
0x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 44,66,000 shares, representing 33.25% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 26,04,000 shares (19.39%), while Non-Institutional Investors (NIIs) receive 19,14,000 shares (14.25%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 3,776,000 | 28.11% |
| Market Maker | 672,000 | 5% |
| Qualified Institutions | 2,604,000 | 19.39% |
| Non-Institutional | 1,914,000 | 14.25% |
| Retail Investors | 4,466,000 | 33.25% |
| Total | 13,432,000 | 100% |
Financials Details(₹ 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 |
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.
Jeyyam Global Foods Limited KPI Information
| 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 |
Peers Comparison
No Peer Comparision Available
About Jeyyam Global Foods Limited
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.
Jeyyam Global Foods IPO 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%
Jeyyam Global Foods IPO Objective
The company proposes to utilize the funds towards the funding of the following objectives:
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
Jeyyam Global Foods Limited Address / Contact Details
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
Jeyyam Global Foods IPO Lot Size
The Jeyyam Global Foods IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,22,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,22,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.11%
- Market Maker — 5%
- QIB — 19.39%
- NII — 14.25%
- RII — 33.25%
Book Running Lead Managers
- Corpwis Advisors Private Limited IPO Lead Manager
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 Jeyyam Global Foods IPO?
Jeyyam Global Foods IPO is a Book-building IPO with a total issue size of ₹81.94 crore. The Jeyyam Global Foods IPO price band is ₹59 to 61 per share. The Jeyyam Global Foods IPO subscription opens on Mon, Sep 2, 2024, and closes on Wed, Sep 4, 2024. The Jeyyam Global Foods IPO will be listed on the NSE. KFin Technologies Limited is the registrar for the Jeyyam Global Foods IPO.
When will the Jeyyam Global Foods IPO open for subscription?
The Jeyyam Global Foods IPO opens on Mon, Sep 2, 2024 and closes on Wed, Sep 4, 2024
What is Jeyyam Global Foods IPO Price Band?
Jeyyam Global Foods IPO Price Band is ₹59 to 61 per share.
What is Jeyyam Global Foods IPO Lot Size?
Jeyyam Global Foods IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹244000 based on the upper price band
What is the minimum investment for Jeyyam Global Foods IPO?
The minimum investment for Jeyyam Global Foods IPO is ₹244000, based on one lot of 2000 shares at the upper price band of ₹61 per share.
How to apply for Jeyyam Global Foods IPO?
Investors can apply for the Jeyyam Global Foods 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 Wed, Sep 4, 2024. The application amount remains blocked until the Jeyyam Global Foods IPO allotment is finalized.
What is Jeyyam Global Foods IPO Issue Size?
Jeyyam Global Foods IPO issue size is ₹81.94 crores.
What is the Jeyyam Global Foods IPO Allotment Date?
Jeyyam Global Foods IPO allotment date is Thu, Sep 5, 2024.
Who is the Jeyyam Global Foods IPO Registrar?
The registrar for Jeyyam Global Foods IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Jeyyam Global Foods IPO allotment status, refund processing, and other IPO-related information.
What is the Jeyyam Global Foods IPO GMP?
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 39.34% over the issue price.
Who is the Jeyyam Global Foods IPO Lead Manager?
The book-running lead managers (BRLMs) for the Jeyyam Global Foods IPO are Corpwis Advisors Private Limited IPO Lead Manager. 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 Jeyyam Global Foods IPO Red Herring Prospectus (RHP).