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 opens for subscription on Sep 10, 2025 and closes on Sep 12, 2025. The allotment for the Jay Ambe Supermarkets IPO is expected to be finalized on Sep 15, 2025. Jay Ambe Supermarkets IPO will list on BSE SME with a tentative listing date fixed as Sep 17, 2025.
Jay Ambe Supermarkets IPO price band is set at ₹74.00 to ₹78.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,49,600.00 (3,200 shares) (based on upper price). The minimum lot size investment for 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 Date | September 10, 2025 to September 12, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹74 to ₹78 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 23,64,800 shares (aggregating up to ₹18.45 Cr) |
| Reserved for Market Maker | 1,18,400 shares Spread X Securities Pvt.Ltd. (aggregating up to ₹0.9235 Cr) |
| Net Offered to Public | 22,46,400 shares (aggregating up to ₹17.52 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 65,15,154 shares |
| Share Holding Post Issue | 88,79,954 shares |
Jay Ambe Supermarkets IPO offers total 23,64,800 shares. Out of which 11,21,600 allocated to QIB, - allocated to QIB (Ex- Anchor), 3,37,600 (14.28%) allocated to NII, 7,87,200 (33.29%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,18,400 (5.01%) |
| QIB Shares Offered | 11,21,600 |
| − QIB (Ex. Anchor) Shares Offered | - |
| NII (HNI) Shares Offered | 3,37,600 (14.28%) |
| Retail Shares Offered | 7,87,200 (33.29%) |
| Total Shares Offered | 23,64,800 (100.00%) |
Jay Ambe Supermarkets IPO opens on September 10, 2025, and closes on September 12, 2025.
| IPO Open Date | Wed, Sep 10, 2025 |
| IPO Close Date | Fri, Sep 12, 2025 |
| Tentative Allotment | Mon, Sep 15, 2025 |
| Initiation of Refunds | Tue, Sep 16, 2025 |
| Credit of Shares to Demat | Tue, Sep 16, 2025 |
| Tentative Listing Date | Wed, Sep 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Sep 12, 2025 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,49,600 |
| Individual investors (Retail) (Min) | 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 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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 market capitalization of Jay Ambe Supermarkets IPO is ₹69.26 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| 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 Rs | 4.23 | 3.10 |
| P/E (x) | 18.45 | 25.15 |
The Company Jay Ambe Supermarkets IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 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 |
[Dilip Davda] JASL is running a chain of retail stores under the branch name of “City Square Mart”. It is widely a Gujarat centric player currently having 17 stores. It mulls three new stores from the IPO funding. The company marked growth in its top and bottom lines for the reported periods. Based on its recent financial data, the issue appears aggressively priced. Small paid-up equity post-IPO indicates longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for long term. Read detail review...
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/
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: jayambe.smeipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Jay Ambe Supermarkets IPO is a SME IPO of 23,64,800 equity shares of the face value of ₹10 aggregating up to ₹18.45 Crores. The issue is priced at . The minimum order quantity is 1600.
The IPO opens on September 10, 2025, and closes on September 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 September 10, 2025 and closes on September 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 Tuesday, September 16, 2025. Check the Jay Ambe Supermarkets IPO allotment status.
The Jay Ambe Supermarkets IPO listing date is not yet announced. The tentative date of Jay Ambe Supermarkets IPO listing is Wednesday, September 17, 2025.
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