Jay Ambe Supermarkets Limited IPO
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.
Price Band₹74 - ₹78 |
Dates09 Sep - 11 Sep |
GMP₹0 (0.00%) |
Subscriptions- |
Issue Size₹18.45 Crs |
Jay Ambe Supermarkets IPO 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 IPO Details
Price Band₹74 - ₹78 |
Listing AtBSE SME |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹18.45 Cr (0.24 Cr Shares) |
Offer For Sale₹0.00 (0.00 Shares) |
Total Issue₹18.45 Cr (0.24 Cr Shares) |
Face Value₹10 per equity share |
Jay Ambe Supermarkets IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
2
3,200
2,49,600
Maximum
2
3,200
2,49,600
|
|||
| Small HNI |
Minimum
3
4,800
3,74,400
Maximum
8
12,800
9,98,400
|
|||
| Big HNI |
Minimum
9
14,400
11,23,200
|
|||
Jay Ambe Supermarkets IPO GMP
The estimated Grey Market Premium of Jay Ambe Supermarkets IPO is ₹0 per share (0.00%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIB | Not more than 50% of Net Offer |
| NII | Not less than 15% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Market Maker | 118400 EQ Shares |
Jay Ambe Supermarkets IPO Financials
Key Performance Indicators
| KPI | Values |
|---|---|
| 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.
Jay Ambe Supermarkets IPO Peer Comparision
| 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
Jay Ambe Supermarkets IPO Peer Comparision
| Particulars | Jay Ambe Supermarkets |
|---|---|
| Revenue from Ops (in Crs.) | 47.35 |
| PAT (In Crs.) | 2.75 |
| EPS - Basic | 4.50 |
| NAV per share | 20.83 |
| RONW | 20.29% |
| EBITDA | 10.53% |
| PAT Margin | 5.82% |
| Price to earning (PE) | 17.33 |
| Osia Hyper Retail Limited | C |
|---|---|
| 1,144.47 | C1 |
| 19.52 | C2 |
| 1.46 | C3 |
| 23.85 | |
| 4.97% | |
| 5.04% | |
| 1.37% | |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Bhikhabhai Shivdas Patel | 10.41% |
| Jignesh Amratbhai Patel | 10.07% |
| Others | 51.03% |
| Total | 71.51% |
Management Details
| Name | Designation |
|---|---|
| Jignesh Amratbhai Patel | Chairman & MD |
| Umang Maheshbhai Prajapati | CFO |
Company Details
Name: Jay Ambe Supermarkets Limited
Address: A001, Shubh Vivid, Por Kudasan, Village- Kudasan, Gandhinagar, Gujarat-382421, India
Number: +916358027675
Email: cs@citysquaremart.co
Website: www.citysquaremart.com
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Jay Ambe Supermarkets IPO is a SME IPO having an issue size of Rs. ₹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.
Jay Ambe Supermarkets IPO opens on 09 Sep 25 and closes on 11 Sep 25.
The estimated Grey Market Premium of Jay Ambe Supermarkets IPO is ₹0 per share (0.00%).
The minimum lot size of Jay Ambe Supermarkets IPO is 1600 shares & the minimum application amount is Rs. 124800.
The allotment date of Jay Ambe Supermarkets IPO is 12 Sep 25.
The listing date of Jay Ambe Supermarkets IPO is 16 Sep 25.
Jay Ambe Supermarkets IPO is subscribed -.
Jay Ambe Supermarkets IPO is priced at ₹74 - ₹78 per share.
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