Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Jay Ambe Supermarkets IPO
Price Band
₹74.0–78.0
Issue Size
₹18.45 Cr
Lot Size
1,600 shares
Min Investment
₹249,600
2 LOTS MIN
GMP
+₹5.0 (6.41%)
Issue Price
₹78.0
Subject to Sauda
₹6100
Paid only if allotted
Jay Ambe Supermarkets IPO AI Summary
- Jay Ambe Supermarkets IPO is listed on BSE SME in the Diversified Retail sector.
- Price band: ₹74.0–₹78.0 per share, lot size 1,600 shares (min. investment ₹249,600, 2 lots minimum).
- Subscription window: 10 Sep–12 Sep 2025, listing on 17 Sep 2025.
- Current GMP is +₹5.0 (6.41%), an estimated listing price of ₹83 — unofficial and can change daily.
Jay Ambe Supermarkets Limited is a growing player in the diversified retail sector, with a focus on FMCG products and a franchise model for expansion. The company has shown consistent revenue and profit growth, making it an interesting option for investors considering its upcoming IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Jay Ambe Supermarkets IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 12 Sep 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Jay Ambe Supermarkets IPO Grey Market Premium (GMP) Today
GMP
+₹5.0
GMP %
+6.41%
Est. Listing
₹83.0
Updated: 25 Jul 2026 14:12
About the Company
Incorporated in 2020, Jay Ambe Supermarkets Limited is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, or Apparels, Toys, Gift Articles, Footwear and other house hold items, via supermarkets. The company operates retail marts through a franchise model, allowing franchisees to sell products under its brand name in exchange for an initial fee and annual licensing fees. City Square Mart, a brand of Jay Ambe Supermarkets Private Limited, started in August 2018 in Kudasan, Gandhinagar. In six years, it expanded to 17 stores across Gujarat. Products: FMCG Food and Non-Food items Packed and Loose Groceries Household and General Merchandise Consumer Durables Luggage and Home Textiles Men, Women, and Kids Garments Footwear, Gift Articles, Toys, Stationery Imitation Jewellery, and more As on March 31, 2025, the company has a dedicated workforce of 132 employees of which 115 employees spread across various locations are permanent employees while 17 employees are outsourced from security agencies. Competitive Strengths: Strong Vendor Relationships Wide Range of Products Experienced Management Team Customer friendly Refund Policy Track record of profitability and consistent financial performance
Company Financials (₹ Cr)
As of 2025-03-31
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 26.78 | 22.02 | 16.79 |
| Total Income | 47.40 | 33.41 | 32.69 |
| Profit After Tax | 2.75 | 1.55 | 0.35 |
| EBITDA | 4.99 | 3.16 | 1.24 |
| NET Worth | 13.57 | 7.55 | 3.09 |
| Reserves and Surplus | 7.06 | 5.55 | 1.36 |
| Total Borrowing | 8.71 | 8.56 | 7.47 |
Key Ratios
EPS
₹4.23
NAV
₹20.83
ROE
26.07%
ROCE
24.12%
RoNW
20.29%
P/B Value
6.20
P/E Ratio
18.45
Market Cap
₹69.26 Cr
PAT Margin
5.82%
Debt/Equity
0.64
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Osia Hyper Retail Limited | 23.85 | 4.97% | 17 | 1.46 | 1.46 |
| Jay Ambe Supermarkets Ltd. This IPO | 20.83 | 20.51% | — | 4.5 | 4.5 |
Promoters
Jignesh Amratbhai Patel, Harshal Daxeshkumar Patel, Bhikhabhai Shivdas Patel and Rutwijkumar Maganbhai Patel
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Purchase of existing store of the company located at Nana Chiloda, Ahmedabad 4.25 2 Purchase of fit-outs for Three (3) new stores 4.63 3 To meet working capital requirements 4.50 4 General Corporate Purposes 2.75 5 Issue Expenses 2.31 Total 18.45
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income was ₹32.69 Cr in the year ending 31 Mar 2023, increasing to ₹33.41 Cr by 31 Mar 2024, and further rising to ₹47.40 Cr by 31 Mar 2025. This shows a positive trend in revenue growth over the periods.
Profit Trend
Profit After Tax was ₹0.35 Cr for the year ending 31 Mar 2023, which grew to ₹1.55 Cr by 31 Mar 2024, and further increased to ₹2.75 Cr by 31 Mar 2025. This indicates a consistent upward trend in profitability.
Valuation
At the issue price of ₹78.0, Jay Ambe Supermarkets has an implied P/E of 18.45, compared to peers trading at a P/E of 17.
Grey Market Premium, Explained
Grey market premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market conditions, and their own investment strategy.
Who May Want to Wait
Investors who are risk-averse or prefer stable, established companies may want to avoid IPOs like this, which can be subject to market fluctuations and uncertainties.
IPO Timeline, Explained
The IPO opens on 10 September 2025 and closes on 12 September 2025. Allotment of shares will be done on 15 September 2025, with the listing expected on 17 September 2025.
Listing Gains — The Risk
Listing gains refer to the potential profit an investor can make by selling shares on the listing day at a higher price than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock.
This evaluation is generated from Jay Ambe Supermarkets's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Jay Ambe Supermarkets IPO GMP today?
Jay Ambe Supermarkets IPO GMP today is +₹5.0 (6.41%), indicating an estimated listing price of ₹83. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Jay Ambe Supermarkets IPO?
The price band of Jay Ambe Supermarkets IPO is ₹74.0–₹78.0 per share.
When does Jay Ambe Supermarkets IPO open and close?
Jay Ambe Supermarkets IPO opens on 10 September 2025 and closes on 12 September 2025.
When does Jay Ambe Supermarkets IPO list on the stock exchange?
Jay Ambe Supermarkets IPO listed on 17 September 2025 at ₹83.0.
What is the lot size for Jay Ambe Supermarkets IPO?
The lot size for Jay Ambe Supermarkets IPO is 1600 shares, requiring a minimum investment of ₹249,600 (2 lots).
What is the price band for the IPO?
The price band for the IPO is ₹74.0 to ₹78.0.
What is the minimum investment required?
The minimum investment required is ₹249,600.
What is the lot size for the IPO?
The lot size for the IPO is 1600 shares.
When is the listing date?
The listing date is 17 September 2025.
What does GMP mean?
GMP stands for grey market premium, which indicates the expected listing price of the shares based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
10 Sep 2025
Close
12 Sep 2025
Allotment
15 Sep 2025
Listing
17 Sep 2025
Similar IPOs in Diversified Retail
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for Jay Ambe Supermarkets?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.