Jeyyam Global Foods IPO Details: The Jeyyam Global Foods IPO is set to open on September 2, 2024, and will close on September 4, 2024. This Book Built Issue aims to raise approximately ₹81.94 crores, which includes a fresh issue of ₹73.74 crores and an offer for sale of up to 1,343,200 equity shares with a face value of ₹5 each.
The IPO will be priced within a band of ₹59 to ₹61 per share. The allocation is divided as follows: 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). Shares are expected to be listed on the NSE on September 9, 2024, with allotments announced on September 5, 2024.
In the fiscal year 2024, Jeyyam Global Foods reported a revenue of ₹629.83 crores, up from ₹382.21 crores in 2023, and a profit of ₹15.09 crores, compared to ₹7.87 crores the previous year. Given these strong financials, the IPO may be worth considering for long-term investment.
Promoters of Jeyyam Global Foods
The company is led by a distinguished group of promoters, including Mr. Shripal Veeramchand Sanghvi, Mr. Amit Agarwal, Mrs. Sujathaa Mehta, Shanti Guru Industries Limited, Mrs. Sarika Ssangavi, M/s. Shripal Sanghvi HUF, and M/s. Mahipal Sanghvi HUF.
About Jeyyam Global Foods
Established in 2008, Jeyyam Products Private Limited operates in both B2C and B2B e-commerce, social commerce, and omnichannel markets. With a robust supply chain and cutting-edge manufacturing facilities, Jeyyam specializes in producing Bengal Gram, Fried Gram, and Besan Flour, among other products. Known for its transparency and adherence to industry standards, Jeyyam is ISO certified and aspires to become a leading Chana brand in India, driven by principles of quality, trust, and innovation.
Jeyyam Global Foods IPO Objectives:
The company proposes to utilize the funds towards the funding of the following objectives:
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
Jeyyam Global Foods IPO Review (Apply or Not)
- Update soon
Jeyyam Global Foods IPO Date & Price Band Details:
| IPO Open Date: | September 2, 2024 |
| IPO Close Date: | September 4, 2024 |
| Face Value: | ₹5 Per Equity Share |
| IPO Price Band: | ₹59 to ₹61 Per Share |
| Issue Size: | Approx ₹81.94 Crores, 13,432,000 Equity Shares |
| Fresh Issue: | Approx ₹73.74 Crores, 12,088,800 Equity Shares |
| Offer for Sale: | Approx ₹8.19 Crores, 1,343,200 Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Jeyyam Global Foods IPO Lot Size:
The minimum investment for the Jeyyam Global Foods IPO is 2000 shares, which requires an application amount of ₹122,000.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 2000 | ₹122,000 |
| Retail Maximum | 2 | 2000 | ₹122,000 |
| HNI Minimum | 3 | 4000 | ₹244,000 |
Jeyyam Global Foods IPO Timeline:
The Jeyyam Global Foods IPO will open on September 2 and close on September 4. Allotments for the IPO will be finalized on September 5, with shares expected to be listed on September 9.
| IPO Open Date: | September 2, 2024 |
| IPO Close Date: | September 4, 2024 |
| Basis of Allotment: | September 5, 2024 |
| Refunds: | September 6, 2024 |
| Credit to Demat Account: | September 6, 2024 |
| IPO Listing Date: | September 9, 2024 |
Jeyyam Global Foods IPO GMP Today:
GMP for Jeyyam Global Foods SME IPO has not started yet. We are updating the GMP information on a daily basis. Please visit us again soon for the latest GMP updates.
Jeyyam Global Foods Company Financial Report
The company reported revenue of ₹629.83 crores in 2024 against ₹382.21 crores in 2023. The company reported a profit of ₹15.09 crores in 2024 against a profit of ₹7.87 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹253.88 | ₹248.07 | ₹4.37 | ₹99.41 |
| 2023 | ₹382.21 | ₹371.73 | ₹7.87 | ₹168.35 |
| 2024 | ₹629.83 | ₹609.82 | ₹15.09 | ₹192.26 |
Jeyyam Global Foods IPO Valuation – FY2024
Check Jeyyam Global Foods IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 18.81% |
| ROCE: | 26.27% |
| EBITDA Margin: | 5.23% |
| PAT Margin: | 2.40% |
| Debt to equity ratio: | 1.20 |
| Earning Per Share (EPS): | ₹4.26 (Basic) |
| Price/Earning P/E Ratio: | 13.85 |
| Return on Net Worth (RoNW): | 18.81% |
| Net Asset Value (NAV): | ₹22.66 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| Sameera Agro and Infra Limited | 9.00 | 9.80 | 11.64 | 77.36 | NA |
Jeyyam Global Foods IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222
E-mail: pel.ipo@kfintech.com
Website: https://ris.kfintech.com/
IPO Lead Managers aka Merchant Bankers
- Corpwis Advisors Private Limited
Company Address
Jeyyam Global Foods Limited
No.37 (Old No.19),
Padmavathiyar Road,
Gopalapuram, Chennai � 600 086
Phone: 044-4505 4101
Email: info@jeyyamfoods.in
Website: http://www.jeyyamfoods.com/
Jeyyam Global Foods IPO FAQs
1. What are the key dates for the Jeyyam Global Foods IPO?
- IPO Opening Date: September 2, 2024
- IPO Closing Date: September 4, 2024
- Allotment Date: September 5, 2024
- Listing Date: September 9, 2024
2. What is the price band for the Jeyyam Global Foods IPO?
The price band for the IPO is set between ₹59 and ₹61 per share.
3. What is the minimum application amount for the IPO?
The minimum application amount is ₹122,000 for a market lot of 2000 shares.
4. How are the shares allocated among different investor categories?
- Retail Investors: 35%
- Qualified Institutional Buyers (QIBs): 50%
- High Net-Worth Individuals (HNIs): 15%
5. When will the shares be listed on the stock exchange?
The shares are expected to be listed on the NSE on September 9, 2024.
6. What are the financial highlights of Jeyyam Global Foods?
For the fiscal year 2024, Jeyyam Global Foods reported:
- Revenue: ₹629.83 crores, up from ₹382.21 crores in 2023
- Profit: ₹15.09 crores, compared to ₹7.87 crores in 2023
7. Who are the promoters of Jeyyam Global Foods?
The promoters include Mr. Shripal Veeramchand Sanghvi, Mr. Amit Agarwal, Mrs. Sujathaa Mehta, Shanti Guru Industries Limited, Mrs. Sarika Ssangavi, M/s. Shripal Sanghvi HUF, and M/s. Mahipal Sanghvi HUF.
8. What does Jeyyam Global Foods do?
Jeyyam Products Private Limited specializes in producing Bengal Gram, Fried Gram, and Besan Flour. The company has been in operation since 2008 and is known for its robust supply chain, advanced manufacturing capabilities, and commitment to quality and transparency.
9. How can I apply for the Jeyyam Global Foods IPO?
Investors can apply through their stockbroker or via the online IPO application platforms provided by various financial institutions.
10. Where can I find more information about the IPO?
For detailed information, you can visit the official Jeyyam Global Foods IPO page or consult with your financial advisor.
