Jeyyam Global Foods IPO will open for subscription from 02 September 2024. The company aims for an issue size of ₹81.94 Cr through this IPO.
Company Overview
| Full name | Jeyyam Global Foods Limited |
| Sector | Fast Moving Consumer Goods |
| Industry | Consumer Food |
| Company Website | https://www.jeyyamfoods.com/ |
About Company
Jeyyam Global Foods specializes in the manufacturing, processing, and supply of Bengal Gram (locally known as ‘Chana’), Fried Gram, and Besan Flour. The company caters to a diverse market, including distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers. The company is actively involved in research and development and is set to enter the B2C market with products like spices and masalas, ready-to-cook and ready-to-eat foods, salt, sugar, soya, vermicelli, and more. Jeyyam is a brand with a focus on the Chana industry.
The Objectives of the Issue
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
Jeyyam Global Foods IPO Timetable
| IPO Opening date | 02 September 2024 |
| IPO Closing | 04 September 2024 |
| Basis of Allotment | 05 September 2024 |
| Initiation Refund | 06 September 2024 |
| Credit to Demat Account | 06 September 2024 |
| Listing Date | 09 September 2024 |
Jeyyam Global Foods IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹81.94 Cr – 13,432,000 shares |
| Fresh Issue | ₹73.74 Cr – 12,088,800 shares |
| Offer for sale | ₹8.19 Cr – 1,343,200 shares |
| Face value | ₹05 per share |
| Price Band | ₹59 to ₹61 per share |
| Lot size | 2000 Shares |
| Market Maker portion | 672,000 shares |
| Shareholding pre-issue | 35,407,956 |
| Shareholding post-issue | 47,496,756 |
| Listing Exchange | NSE SME |
Jeyyam Global Foods IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹122,000 |
| Retail (Max) | 1 | 2000 | ₹122,000 |
| HNI (Min) | 2 | 4,000 | ₹244,000 |
Jeyyam Global Foods Offer Documents
- Jeyyam Global Foods RHP
- Jeyyam Global Foods Addendum Prospectus
- Jeyyam Global Foods Draft Prospectus
Jeyyam Global Foods Offer Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 37,76,000 (28.11%) |
| Market Maker Shares Offered | 6,72,000 (5%) |
| QIB Shares Offered | 26,04,000 (19.39%) |
| NII (HNI) Shares Offered | 19,14,000 (14.25%) |
| Retail Shares Offered | 44,66,000 (33.25%) |
| Total Shares Offered | 1,34,32,000 (100%) |
Jeyyam Global Foods Financial Performance
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 244.46 | 253.88 | 382.17 | 629.81 |
| Expenses | 239.80 | 248.07 | 371.73 | 609.82 |
| Net income | 3.47 | 4.37 | 7.87 | 15.09 |
Jeyyam Global Foods Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | |
| EPS | 2.72 | 1.42 | 2.22 | 4.26 |
| PE ratio | – | – | – | 13.89 – 14.32 |
| RONW (%) | 11.14 | 7.63 | 12.08 | 18.81 |
| NAV | 24.43 | 18.64 | 18.40 | 22.66 |
| ROCE (%) | 14.93 | 13.36 | 15.22 | 26.27 |
| EBITDA (%) | 4.79 | 4.54 | 4.45 | 5.23 |
| Debt/Equity | 1.74 | 0.58 | 1.42 | 1.20 |
Company Promoters
- Mr. Shripal Veeramchand Sanghvi
- Mr. Amit Agarwal
- Mrs. Sujathaa Mehta
- Shanti Guru Industries Limited
- Mrs. Sarika Ssangavi
- M/s. Shripal Sanghvi HUF
- M/s. Mahipal Sanghvi HUF.
Promoter Holding
| Pre Issue Share Holding | 92.00% |
| Post Issue Share Holding |
Jeyyam Global Foods Offer GMP Update
Coming Soon
Jeyyam Global Foods IPO Subscription Update
Coming Soon
Jeyyam Global Foods IPO Allotment Status
Jeyyam Global Foods IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.
Jeyyam Global Foods Listing Details
| Listing Date | 09 September 2024 |
| BSE Scrip Code | Coming Soon |
| NSE Symbol | |
| ISIN | |
| Final Issue Price |
Listing Day Update
| Listing Exchange | NSE SME |
| Final Issue Price | Coming Soon |
| Open | |
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| Last Trade |
Jeyyam Global Foods IPO Lead Manager(s)
CORPWIS ADVISORS PRIVATE LIMITED
G-07, Ground Floor, The Summit Business Park,
Andheri Kurla Road, Behind Guru Nanak Petrol Pump,
Andheri East, Chakala MIDC, Mumbai – 400093
Phone: +91 – 22 – 4972 9990
Email: ipo@corpwis.com
Website: www.corpwis.com
Jeyyam Global Foods Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Tel: +91 40 6716 2222
E-mail: jgfl.ipo@kfintech.com
Website: www.kfintech.com
Jeyyam Global Foods Contact Details
JEYYAM GLOBAL FOODS LIMITED
No.37 (Old No.19), Padmavathiyar Road,
Gopalapuram, Chennai – 600 086
Phone: 044-4505 4101, 044-2835 1835, +91-90034 02000
E-mail: info@jeyyamfoods.in
Website: www.jeyyamfoods.com
Jeyyam Global Foods IPO FAQs
What is the Jeyyam Global Foods offer size?
Jeyyam Global Foods offer size is ₹ 79.25 – 81.94 crores.
What is the Jeyyam Global Foods offer price band?
Jeyyam Global Foods public offer price is ₹ 59 – 61 per share.
What is the lot size of the Jeyyam Global Foods IPO?
Jeyyam Global Foods offer a lot size is 2.000 shares.
What is Jeyyam Global Foods Offer GMP today?
Jeyyam Global Foods IPO GMP today is ₹ 20 per share.
What is Jeyyam Global Foods kostak rate today?
Jeyyam Global Foods kostak rate today is ₹ NA per application.
What is Jeyyam Global Foods Subject to Sauda rate today?
Jeyyam Global Foods Subject to Sauda rate today is ₹ 31,500 per application.
Final thoughts
Jeyyam Global Foods IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
