Jay Ambe Supermarkets IPO: Price, GMP, Analysis, And Details

Jay Ambe Supermarkets IPO- Company Analysis 

Jay Ambe Supermarkets IPO under the SME IPO category is a bookbuild issue of Rs. 18.45 Cr by Jay Ambe Supermarkets Ltd, which was incorporated in 2020 is involved in the trading of FMCG products, groceries, home textiles, home décor, clothing or apparel, toys, gift items, footwear, and other household goods as of.

The business uses a franchise model to run its retail stores, enabling franchisees to sell goods under the company's name in return for an upfront payment and recurring licensing fees.

Goods:

• FMCG Food and non-food products.

• Loose and Packed Foods.

• Merchandise and Domestic Items.

• Consumer Durables.

• Textiles for Homes and Luggage.

• Clothes for Men, Women, and Children.

• Shoes, toys, stationery, imitation jewelry, gift items, and more.
  
  

Jay Ambe Supermarkets IPO Details

The Jay Ambe Supermarkets IPO date is on 10 September 2025, and its initial public offering will end on 12 Sep with IPO allotment on Sep 15, and refund initiation on Sep 16, 2025.

The Rs. 18.45 crore new SME IPO comprises a wholly fresh issue of 0.24 crore shares.

The Jay Ambe Supermarkets IPO listing date (expected) might be on Wednesday, Sep 17, 2025, and listing at the BSE and SME. 

The Jay Ambe Supermarkets IPO price band is Rs. 74 to Rs. 78.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Sep 10, 2025
IPO Closing Date	Sep 12, 2025
IPO Allotment Date	Sep 15, 2025
Refund Initiation	Sep 16, 2025
IPO Listing Date	Sep 17, 2025

Click to open demat account and apply for the IPO.

Company Financials

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	26.78	22.02	16.79
Total Revenue	47.40	33.41	32.69
PAT	2.75	1.55	0.35
Net Worth	13.57	7.55	3.09
Reserves & Surplus	7.06	5.55	1.36
Borrowings	8.71	8.56	7.47

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(304.79)	(167.08)	(311)
Net Cash Flow Investing Activities	(101.66)	(18.05)	(130.75)
Net Cash Flow Financing Activities	265.11	323.63	386.51

Revenue Bifurcation

Revenue from Products Segment

 

City-wise Revenue Bifurcation

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Acquisition of the business's current Nana Chiloda, Ahmedabad, store. ~ Rs. 4.25 Cr.

• Three new stores' fit-outs to be purchased. ~ Rs. 4.63 Cr.

• To fulfill requirements for working capital. ~ Rs. 4.50 Cr.

• General Corporate Purposes. 

 

Listed Peers of Jay Ambe Supermarkets Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
Osia Hyper Retail Limited	1	1.46	17

 

Valuation

Metric	Value
ROCE	24.12%
ROE	26.07%
PBV	6.20
Debt/Equity	0.64
PAT Margin	5.82%
EBITDA Margin	10.53%
RoNW	20.29%

 

Evaluation of P/E Ratio

Considering the FY ended on 31 Mar 2025 with an EPS of Rs. 4.50 from the last year, the resulting P/E ratio is 17.33x.

Explore the Nilachal Carbo Metalicks IPO.

 

IPO's Strengths 

• Solid vendor connections.

• Numerous products.

• Proven management team.

• Consistent financial performance.

• Profitability history, and a customer-friendly refund policy.

 

 

IPO’s Weaknesses 

• The risk of geographic concentration

• Every store is located on a rented or leased property, with many having short-term contracts. 

• The business may lose attractive retail sites, which would have a direct impact on sales, if landlords reject lease renewals, end leases early, or raise rates dramatically.

• The risk of working capital

• Risk of inventory management.
  
  

Jay Ambe Supermarkets IPO GMP (Grey Market Premium)

Jay Ambe Supermarkets IPO GMP today is Rs. 0, as of 06 Sep 2025 at the time of writing this information.

Jay Ambe Supermarkets IPO Summary

The Jay Ambe IPO has a market maker portion size of 1,18,400 Shares (Rs. 0.92 Cr).

IPO Opening & Closing Date	10 Sep, 2025 to 12 Sep, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 74 to Rs. 78 per Share.
Lot Size	1600 Shares
Issue Size	23,64,800 Shares (Rs. 18.45 Cr)
Offer for Sale	-
Fresh Issue	23,64,800 Shares (Rs. 18.45 Cr)
Listing at	BSE, SME
Issue Type	Bookbuilding IPO
Registrar	MUFG Intime India Pvt. Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (3200 Shares) for Rs. 2,49,600 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (4800 Shares) for Rs. 3,74,400.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Jay Ambe Supermarkets IPO Allotment Status

To check the Jay Ambe Supermarkets IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Jay Ambe Supermarkets Ltd.

• Jignesh Amratbhai Patel

• Harshal Daxeshkumar Patel

• Bhikhabhai Shivdas Patel

• Rutwijkumar Maganbhai Patel.

Pre-Issue Promoter Shareholding	71.51%
Post-Issue Promoter Shareholding	52.46%

 

IPO Lead Managers

• Beeline Capital Advisors Pvt. Ltd. 

 

Dividend Policy

The company has not declared a dividend during the last three years.

Conclusion

With a solid product mix and established management, Gujarat's expanding retail industry is accessible to investors through the Jay Ambe Supermarkets IPO.

Despite the company's steady revenue growth, it is important to take into account issues including geographic concentration, reliance on leases, and high working capital requirements. When compared to its public peers in the SME retail market, its valuation of  17x P/E seems reasonable.                                                       

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.