Jay Ambe Supermarkets Limited IPO

Jay Ambe Supermarkets Limited IPO

SME BSE SME 100% Book Built Offer
Closed

Price Band

₹74 - ₹78

Total Issue

₹18.45 Cr

Bid Dates

09 Sep - 11 Sep

Subscription

59.84x

Est. GMP

₹13 (16.67%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

City Square Mart, a brand owned by Jay Ambe Supermarkets Private Limited, is a fast-growing retail chain that began its journey in 2018 with its first store in Gandhinagar, Gujarat, and has since expanded to 17 stores across the state. The company is engaged in the trading of FMCG products, groceries, home textiles, home décor, apparel, toys, gift articles, footwear, and other household items through supermarkets. In addition to company-owned outlets, the business also operates under franchise models such as FOCO (Franchise-Owned Company-Operated) and FOFO (Franchise-Owned Franchise-Operated), enabling expansion while combining investment benefits for franchisees with the company’s operational expertise and brand strength.

Lot Info

Lot Information for Jay Ambe Supermarkets IPO
Category Lots Shares Amount
Individual (Min) 2 3,200 ₹2,49,600
Individual (Max) 2 3,200 ₹2,49,600
S-HNI (Min) 3 4,800 ₹3,74,400
S-HNI (Max) 8 12,800 ₹9,98,400
B-HNI (Min) 9 14,400 ₹11,23,200
Market Maker
118400 EQ Shares

Issue Size

Total ₹18.45 Cr
Fresh Issue
₹18.45 Cr (0.24 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of the Issue

A1

₹B1 Cr

A2

₹B2 Cr

A3

₹B3 Cr

Grey Market Premium

GMP ₹13
Est. Price ₹91
Est. Gain 16.67%

Jay Ambe Supermarkets IPO Peer Comparison

(Rs. in crores)

Jay Ambe Supermarkets IPO Peer Comparison Table
Particulars Jay Ambe Supermarkets Osia Hyper Retail Limited C
Revenue from Ops (in Crs.) 47.35 1,144.47 C1
PAT (In Crs.) 2.75 19.52 C2
EPS - Basic 4.50 1.46 C3
NAV per share 20.83 23.85
RONW 20.29% 4.97%
EBITDA 10.53% 5.04%
PAT Margin 5.82% 1.37%
Price to earning (PE) 17.33 17.00
  • All information pertains to FY 2024-25.Â
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 28, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Jay Ambe Supermarkets IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 47.35 33.39 32.69
Profit after Tax 2.75 1.55 0.35
Net Worth 13.57 7.55 3.09
Total Borrowing 8.71 8.56 7.47
Total Assets 26.78 22.02 16.79
NAV per share (in ₹) 20.83 12.59 5.54
EPS - Basic (in ₹) 4.50 2.70 0.65

KPIs

EBITDA

10.53%

PAT

5.82%

ROE

26.07%

ROCE

24.12%

Debt to Equity

-

PE Ratio

17.33

PB Ratio

3.74

Mkt Cap (in Crs.)

69.26

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

71.51%

Public

28.49%

Bhikhabhai Shivdas Patel 10.41%
Jignesh Amratbhai Patel 10.07%
Others 51.03%

Management

Jignesh Amratbhai Patel Chairman & MD
Umang Maheshbhai Prajapati CFO

Registrar & Lead Managers

Lead Managers (1)

Subscription Status

Updated as on 12 Sep 2025 | 05:00:00 PM

BSE SME Subscription Status for Jay Ambe Supermarkets IPO
Category Sub (x) Offered Bids
QIB 16.79x 4,49,600 75,50,400
NII 110.25x 3,37,600 3,72,20,800
bHNI 124.58x 2,27,200 2,83,05,600
sHNI 80.75x 1,10,400 89,15,200
Individual Investor 71.65x 7,87,200 5,64,03,200
Total 64.26x 15,74,400 10,11,74,400

Frequently Asked Questions

What is Jay Ambe Supermarkets IPO?
Jay Ambe Supermarkets IPO is a SME IPO having an issue size of ₹18.45 Crs. Jay Ambe Supermarkets IPO is priced at ₹74 - ₹78 per share. The issue opens on 09 Sep 25 and closes on 11 Sep 25.
When will Jay Ambe Supermarkets IPO open?
Jay Ambe Supermarkets IPO opens on 09 Sep 25 and closes on 11 Sep 25.
What is the GMP of Jay Ambe Supermarkets IPO?
The estimated Grey Market Premium of Jay Ambe Supermarkets IPO is ₹13 per share (16.67%).
What is the lot size of Jay Ambe Supermarkets IPO?
The minimum lot size of Jay Ambe Supermarkets IPO is 1600 shares & the minimum application amount is Rs. 124800.
When is the allotment of Jay Ambe Supermarkets IPO?
The allotment date of Jay Ambe Supermarkets IPO is 12 Sep 25.
What is the listing date of Jay Ambe Supermarkets IPO?
The listing date of Jay Ambe Supermarkets IPO is 16 Sep 25.
What is the subscription of Jay Ambe Supermarkets IPO?
Jay Ambe Supermarkets IPO is subscribed 59.84 times.
What is the price band of Jay Ambe Supermarkets IPO?
Jay Ambe Supermarkets IPO is priced at ₹74 - ₹78 per share.
How to check allotment status of Jay Ambe Supermarkets IPO?
Click the allotment link on Jay Ambe Supermarkets IPO page of IPO360.
How to apply Jay Ambe Supermarkets IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Jay Ambe Supermarkets IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Jay Ambe Supermarkets IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Jay Ambe Supermarkets IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date