September 9, 2024
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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?
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Subscription status of Jeyyam Global Foods IPO
Jeyyam Global Foods IPO (Closed)Price Rs. 61 Lot 2000 shares, Rs. 81.94 Crore |
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| 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? |
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
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|
| 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 | |||
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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.
