Bookbuilding IPO | ₹18 Cr | Listed at BSE SME | Wed, Sep 10, 2025 - Fri, Sep 12, 2025

Jay Ambe Supermarkets IPO is a book build issue of ₹18.45 crores. The issue is entirely a fresh issue of 0.24 crore shares of ₹18.45 crore.
Jay Ambe Supermarkets IPO bidding started from Sep 10, 2025 and ended on Sep 12, 2025. The allotment for Jay Ambe Supermarkets IPO was finalized on Sep 15, 2025. The shares got listed on BSE SME on Sep 17, 2025.
Jay Ambe Supermarkets IPO price band is set at ₹78 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,49,600 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,74,400.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Spread X Securities Pvt.Ltd..
Refer to Jay Ambe Supermarkets IPO RHP for detailed Information.
IPO Open
Wed, Sep 10, 2025
IPO Close
Fri, Sep 12, 2025
Issue Price
₹78 per share
Market Cap (Pre-IPO)
₹69.26 Cr
| IPO Date | 10 to 12 Sep, 2025 |
| Listed on | Wed, Sep 17, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹74 to ₹78 |
| Issue Price | ₹78 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 23,64,800 shares (agg. up to ₹18 Cr) |
| Reserved for Market Maker | 1,18,400 shares Spread X Securities Pvt.Ltd. (agg. up to ₹0.9235 Cr) |
| Fresh Issue (Ex Market Maker) | 22,46,400 shares (agg. up to ₹18 Cr) |
| Net Offered to Public | 22,46,400 shares (agg. up to ₹18 Cr) |
| Share Holding Pre Issue | 65,15,154 shares |
| Share Holding Post Issue | 88,79,954 shares |
| BSE Script Code | 544514 |
| ISIN | INE1DRH01011 |
Jay Ambe Supermarkets IPO comprises a total issue size of 23,64,800 shares. The net offer to the public is 22,46,400 shares, after excluding 1,18,400 shares allotted on a firm basis. Of the Net offer 11,21,600 (49.93%) are allocated to QIB, 3,37,600 (15.03%) allocated to NII 7,87,200 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 11,21,600 | 49.93% | 47.43% |
| − Anchor Investor Shares Offered | 6,72,000 | 28.42% | |
| − QIB (Ex. Anchor) Shares Offered | 4,49,600 | 19.01% | |
| NII (HNI) Shares Offered | 3,37,600 | 15.03% | 14.28% |
| − bNII > ₹10L | 2,27,200 | 9.61% | |
| − sNII < ₹10L | 1,10,400 | 4.67% | |
| Retail Shares Offered | 7,87,200 | 35.04% | 33.29% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,18,400 | 5.01% | |
| Total Shares Offered | 23,64,800 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,49,600 |
| Individual investors (Retail) (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 |
Jay Ambe Supermarkets IPO raises ₹5.24 crore from anchor investors. Jay Ambe Supermarkets IPO Anchor bid date is September 9, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Sep 9, 2025 |
| Shares Offered | 6,72,000 |
| Anchor Portion (₹ Cr.) | 5.24 |
| Anchor lock-in period end date for 50% shares (30 Days) | Tue, Oct 14, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sat, Dec 13, 2025 |
Incorporated in 2020, Jay Ambe Supermarkets Limited is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, or Apparels, Toys, Gift Articles, Footwear and other house hold items, via supermarkets.
The company operates retail marts through a franchise model, allowing franchisees to sell products under its brand name in exchange for an initial fee and annual licensing fees.
City Square Mart, a brand of Jay Ambe Supermarkets Private Limited, started in August 2018 in Kudasan, Gandhinagar. In six years, it expanded to 17 stores across Gujarat.
Products:
As on March 31, 2025, the company has a dedicated workforce of 132 employees of which 115 employees spread across various locations are permanent employees while 17 employees are outsourced from security agencies.
Competitive Strengths:
Jay Ambe Supermarkets Ltd.'s revenue increased by 42% and profit after tax (PAT) rose by 78% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 26.78 | 22.02 | 16.79 |
| Total Income | 47.40 | 33.41 | 32.69 |
| Profit After Tax | 2.75 | 1.55 | 0.35 |
| EBITDA | 4.99 | 3.16 | 1.24 |
| NET Worth | 13.57 | 7.55 | 3.09 |
| Reserves and Surplus | 7.06 | 5.55 | 1.36 |
| Total Borrowing | 8.71 | 8.56 | 7.47 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Purchase of existing store of the company located at Nana Chiloda, Ahmedabad | 4.25 |
| 2 | Purchase of fit-outs for Three (3) new stores | 4.63 |
| 3 | To Meet Working Capital Requirements | 4.50 |
| 4 | General Corporate Purposes | 2.75 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 26.07% |
| ROCE | 24.12% |
| Debt/Equity | 0.64 |
| RoNW | 20.29% |
| PAT Margin | 5.82% |
| EBITDA Margin | 10.53% |
| Price to Book Value | 6.20 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 4.23 | 3.10 |
| P/E (x) | 18.45 | 25.15 |
| Promoter Holding | 71.51% | 52.46% |
| Market Cap | ₹69.26 Cr. |
The Jay Ambe Supermarkets IPO is subscribed 64.13 times on September 12, 2025 5:04:48 PM (Day 3). The public issue subscribed 71.39 times in the individual investors category, 16.79 times in the QIB category, and 110.24 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 16.79 | 4,49,600 | 75,50,400 | 0 |
| NII* | 110.24 | 3,37,600 | 3,72,16,000 | 0 |
| bNII (bids above ₹10L) | 124.58 | 2,27,200 | 2,83,05,600 | |
| sNII (bids below ₹10L) | 80.71 | 1,10,400 | 89,10,400 | |
| Individual Investors | 71.39 | 7,87,200 | 5,61,98,400 | 0 |
| Total | 64.13 | 15,74,400 | 10,09,64,800 | 21,336 |
Total Application : 21,336
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commissions payable to the BRLM (including underwriting commission, brokerage and selling commission) | 1.72 |
| 2 | Fees payable to the Registrar to the Issue | 0.02 |
| 3 | Fees payable to legal counsel | 0.07 |
| 4 | Fees Payable to Regulators including Stock Exchanges and other Intermediaries | 0.07 |
| 5 | Printing and distribution of stationery | 0.02 |
| 6 | Advertising and marketing expenses | 0.12 |
| 7 | Fees payable to Peer Review Auditor, Independent Chartered Engineer, practicing Company Secretary, Cost vetting agency, or any other Professional and fees payable for Financial Due diligence and Secretarial Work | 0.20 |
| 8 | Fees Payable to Market Maker (for Three Years) | 0.04 |
| 9 | Selling Commission/processing fee for SCSBs, Sponsor Bank(s) and fees payable to sponsor bank(s) for bids made by RIBs, Bankers to the Issue, Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 0.01 |
| 10 | Miscellaneous expenses | 0.06 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹78.00 |
| Open | ₹79.00 |
| Low | ₹79.00 |
| High | ₹82.95 |
| Last Trade | ₹82.95 |
Lead Manager Reports
Jay Ambe Supermarkets IPO is a SME IPO of 23,64,800 equity shares of the face value of ₹10 aggregating up to ₹18 Crores. The issue is priced at ₹78 per share. The minimum order quantity is 1600.
The IPO opens on Wed, Sep 10, 2025, and closes on Fri, Sep 12, 2025.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Jay Ambe Supermarkets IPO using UPI as a payment gateway. Zerodha customers can apply in Jay Ambe Supermarkets IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Jay Ambe Supermarkets IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Jay Ambe Supermarkets IPO opens on Wed, Sep 10, 2025 and closes on Fri, Sep 12, 2025.
Jay Ambe Supermarkets IPO lot size is 1600, and the minimum amount required for application is ₹2,49,600, with 2 lots being the minimum application size.
You can apply in Jay Ambe Supermarkets IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Jay Ambe Supermarkets IPO will be done on Monday, September 15, 2025, and the allotted shares will be credited to your demat account by Tue, Sep 16, 2025. Check the Jay Ambe Supermarkets IPO allotment status.
The Jay Ambe Supermarkets IPO listing date is on Wed, Sep 17, 2025.