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Jeyyam Global Foods IPO

Jeyyam Global Foods IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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Jeyyam Global Foods listing Review

Jeyyam Global Foods IPO allotment Link

What is the latest grey market premium of Jeyyam Global Foods IPO?

 For latest GMP, Click

Subscription status of Jeyyam Global Foods IPO

Jeyyam Global Foods IPO (Closed)

Price Rs. 61 Lot 2000 shares, Rs. 81.94 Crore

QIB NII x RII x Total x Applications
54.62 321.82 70.43 119.41 1,57,278 (70.43x)
Amount wise bids recd. Rs. ? Crore
Note: 

 


 

What is the business of Jeyyam Global Foods?

Over more than 15 years in food industry, the company specializes in manufacturing and/or processing and supply of Bengal Gram (locally known as ‘Chana’), Fried Gram, and Besan Flour to wide variety of market like Distributors, Large Retailers, Hotels, Restaurants, Caterers, Branded Supermarkets and Wholesalers. The Company is continuously engaged in undertaking research and development and is ready to enter into the B2C business of spices and masala, ready to cook and ready to eat foods, salt, sugar, soya and vermicelli, among others. “Jeyyam” brand is known best for its quality. The brand has earned the trust, and loyalty of its distributors, retailers, and customers solely for its quality through complete transparency. It adheres to standard practices and strictly abides by statutory norms. The Company has obtained FSSAI License for both of its Factory locations and ensures that ISO 9001:2015 and ISO 22000:2018 standards are followed in both of its Factory location and have obtained the ISO Certification for Factory situated in Salem.

Get more information about the company @  www.jeyyamfoods.com 

Jeyyam Global Foods IPO Details

IPO opens on  2 September 2024
IPO closes on  4 September 2024
Issue Type Book Built Issue IPO
Issue Size 13432000 Shares /
Rs 81.94 Crore
* Fresh Issue 12088800 Shares /
Rs 73.74 Crore
* Offer for Sale – 1343200 shares /
Rs. 8.20 crore
Market Maker Portion 672000 Shares
Net offer to Public 12760000 Shares/
Rs.77.84 Crore
Face Value per share Rs. 5
Price Band Rs.59-61
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  BSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%)   6380000 38.92
NII  (15%)   1914000 11.68
RII  (35%)   4466000 27.24
Total Shares  12760000 77.84
Retail portion will be oversubscribed by  2233
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.122000
Min HNI Application  4000 Shares Rs.244000

Who are the Promoters of Jeyyam Global Foods IPO?

THE PROMOTERS OF OUR COMPANY ARE MR. SHRIPAL VEERAMCHAND SANGHVI, MR. AMIT AGARWAL, MRS. SUJATHAA MEHTA & SHANTI GURU INDUSTRIES LIMITED

What are the Objects of Jeyyam Global Foods IPO?

The Offer comprises of fresh issue of shares and also offer for sale.

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:

Working Capital Requirements
Capital Expenditures
General Corporate Purposes

Tentative timetable

IPO opens on 2 September 2024
IPO Closes on 4 September 2024
IPO Allotment on  5 September 2024
Refund Initiation  6 September 2024
Credit of Shares 6 September 2024
Listing on 9 September 2024
Registered Office of the Company
No.37 (Old No.19), Padmavathiyar Road, Gopalapuram, Chennai – 600 086
Who is the Lead Manager of this IPO?
CORPWIS ADVISORS Pvt ltd

Who is the Registrar to IPO?
Kfin Technologies Limited

Jeyyam Global Foods IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Jeyyam Global Foods IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2021-22 253.88   4.37 1.42   7.63
2022-23 382.21   7.87 2.22 12.08
2023-24 8M 375.64   9.87 2.66 12.64
Book Value of the
Share on 30.11.2023
Rs 21.05    
BV of the Share at
cap price after IPO
Rs. ?    
Offer Price/upper band Rs. 61    

IPO
Key Performance indicators

Price/EPS of 23-24 15.29
Price/BV Ratio  2.90
Price/BV after IPO 


How Jeyyam Global Foods IPO
 compares with the Peers?
There is no company having such business and scale.

As on date of DRHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Crore  
       
       
       
       
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Jeyyam Global Foods IPO Review

Over more than 15 years in food industry, the company specializes in manufacturing and/or processing and supply of Bengal Gram (locally known as ‘Chana’), Fried Gram, and Besan Flour to wide variety of market like Distributors, Large Retailers, Hotels, Restaurants, Caterers, Branded Supermarkets and Wholesalers.

Size:  Net size of the IPO is Rs.81.94 crore, comprising of 13432000 shares. The size of the IPO is very large and huge oversubscription is difficult.
Financial Snapshot:
The company has strong topline and bottomline during last 3 years.  Based on the published figures, the shares are offered at reasonable valuation.
+ from fundamental angle: May Apply
+ from grey market angle: ?

Quicklinks


Jeyyam Global Foods IPO GMP today allotment, review?

Jeyyam Global Foods IPO GMP grey market premium

Jeyyam Global Foods IPO FAQs

What is Jeyyam Global Foods IPO
?

This is a SME IPO of 13432000 equity shares of the face value of Rs. 5 aggregating up to Rs.81.94 Crores. The issue is priced at Rs.59-61 per share. The minimum order quantity is 2000 Shares.

When will Jeyyam Global Foods IPO subscription open?

Jeyyam Global Foods IPO opens on September 02, 2024, and closes on September 04, 2024.

What is the lot size of Jeyyam Global Foods IPO?

Jeyyam Global Foods IPO lot size is 2000 Shares, and the minimum amount required is Rs.122000

How to apply for Jeyyam Global Foods IPO?

You can apply in Jeyyam Global Foods IPO online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Jeyyam Global Foods IPO allotment?

The finalization of Basis of Allotment for Jeyyam Global Foods IPO will be done on September 05, 2024, and the allotted shares will be credited to your demat account by September 06, 2024.

When is Jeyyam Global Foods IPO listing date?

Jeyyam Global Foods IPO listing date is September 9, 2024.

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