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Jeyyam Global Foods IPO
Price Band
₹59.0–61.0
Issue Size
₹81.94 Cr
Lot Size
2,000 shares
Min Investment
₹122,000
GMP
+₹24.0 (39.34%)
Issue Price
₹61.0
Subject to Sauda
₹36500
Paid only if allotted
Jeyyam Global Foods IPO AI Summary
- Jeyyam Global Foods IPO is listed on NSE SME in the Other Food Products sector.
- Price band: ₹59.0–₹61.0 per share, lot size 2,000 shares (min. investment ₹122,000).
- Subscription window: 02 Sep–04 Sep 2024, listing on 09 Sep 2024.
- Current GMP is +₹24.0 (39.34%), an estimated listing price of ₹85 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Jeyyam Global Foods IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 04 Sep 2024 — 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
Jeyyam Global Foods IPO Grey Market Premium (GMP) Today
GMP
+₹24.0
GMP %
+39.34%
Est. Listing
₹85.0
Updated: 25 Jul 2026 14:04
About the Company
Established in 2008, Jeyyam Global Foods Limited, formerly known as Kichoni Online Services Private Limited, produces and/or processes Bengali chickpeas (locally known as ‘chana'), Fried Gram, and Besan Flour and supplies these to a variety of markets such as distributors, large retailers, hotels, restaurants, caterers, branded supermarkets and wholesalers. The company has obtained an FSSAI license for its two factory locations Ammalamudugu and Devattipatti and ensures that ISO 9001:2015 and ISO 22000:2018 standards are maintained at both factory locations and has obtained ISO certification for the Salem factory. Jeyyam's product portfolio includes: Jeyyam fried gram (split), Jeyyam fried gram (whole), Standard fried gram (split) and Standard fried gram (whole) Jeyyam gram flour Leader gram flour and Ponni gram flour As of March 31, 2024, the company had 155 permanent employees.
Company Financials (₹ Cr)
As of 2024-03-31
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 192.26 | 168.35 | 99.41 |
| Total Income | 629.83 | 382.21 | 253.88 |
| Profit After Tax | 15.09 | 7.87 | 4.37 |
| NET Worth | 80.22 | 65.14 | 57.27 |
| Reserves and Surplus | 62.52 | 64.52 | 56.65 |
| Total Borrowing | 96.21 | 92.26 | 33.19 |
Key Ratios
EPS
₹4.26
NAV
₹22.66
ROE
18.81%
ROCE
26.27%
RoNW
18.81%
P/B Value
2.69
P/E Ratio
14.31
Market Cap
₹289.73 Cr
PAT Margin
2.40%
Debt/Equity
1.20
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic |
|---|---|---|---|---|
| Sameera Agro And Infra Limited | 77.36 | 11.64% | 9.8 | 9 |
| Jeyyam Global Foods Limited This IPO | 22.66 | 18.81% | 14.32 | 4.26 |
Promoters
Shripal Veeramchand Sanghvi, Amit Agarwal, Sujathaa Mehta, Shanti Guru Industries Ltd., Sarika Ssangavi, Shripal Sanghvi (HUF) and Mahipal Sanghvi (HUF)
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 Working Capital Requirement 35.00 2 Capital Expenditure 19.00 3 General Corporate Purposes 10.34
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
Total income increased from ₹253.88 Cr in the year ended 31 Mar 2022 to ₹382.21 Cr by 31 Mar 2023, and further rose to ₹629.83 Cr by 31 Mar 2024. This indicates a consistent upward trend in revenue over the periods.
Profit Trend
Profit after tax grew from ₹4.37 Cr in the year ended 31 Mar 2022 to ₹7.87 Cr by 31 Mar 2023, and further increased to ₹15.09 Cr by 31 Mar 2024. This shows a positive trend in profitability across the periods.
Valuation
At the issue price of ₹61.0, Jeyyam Global Foods has an implied P/E ratio of 14.32 based on its earnings per share (EPS) of ₹4.26. This is compared to its peers, which have a P/E range of 9.8, indicating that Jeyyam is priced at a premium relative to its peer group.
Grey Market Premium, Explained
The Grey Market Premium (GMP) indicates the price at which shares are expected to trade in the unofficial market before their official listing. A positive GMP suggests that the market anticipates a higher listing price than the issue price, while a negative GMP indicates the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. Factors to consider include the company's growth potential, market conditions, and personal financial goals.
Who May Want to Wait
Investors who are risk-averse or those who prefer stable, established companies may want to avoid investing in IPOs like this one, which can be more volatile and uncertain in the early stages.
Listing Gains — The Risk
Listing-day gains can be unpredictable and depend on various factors, including market sentiment and demand for the stock. Investors should be aware that while some IPOs may experience significant gains on listing day, others may not perform as expected, leading to potential losses.
This evaluation is generated from Jeyyam Global Foods'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 Jeyyam Global Foods IPO GMP today?
Jeyyam Global Foods IPO GMP today is +₹24.0 (39.34%), indicating an estimated listing price of ₹85. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Jeyyam Global Foods IPO?
The price band of Jeyyam Global Foods IPO is ₹59.0–₹61.0 per share.
When does Jeyyam Global Foods IPO open and close?
Jeyyam Global Foods IPO opens on 02 September 2024 and closes on 04 September 2024.
When does Jeyyam Global Foods IPO list on the stock exchange?
Jeyyam Global Foods IPO listed on 09 September 2024 at ₹85.0.
What is the lot size for Jeyyam Global Foods IPO?
The lot size for Jeyyam Global Foods IPO is 2000 shares, requiring a minimum investment of ₹122,000.
What is the price band for the IPO?
The price band for the IPO is ₹59.0 to ₹61.0.
What is the minimum investment required?
The minimum investment required is ₹122,000.
What is the lot size for the IPO?
The lot size for the IPO is 2000 shares.
When is the listing date?
The listing date is scheduled for September 9, 2024.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected premium at which the shares may trade on the grey market before their official listing.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
02 Sep 2024
Close
04 Sep 2024
Allotment
05 Sep 2024
Listing
09 Sep 2024
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