Jay Ambe Supermarkets was incorporated on November 23, 2020. The company is engaged in trading FMCG products, groceries, home textiles, décor, apparel, toys, gifts, footwear, and other household items through supermarkets and related formats. It aims to enhance the retail shopping experience by offering a wide product range, fair pricing, and best-in-class service, with a focus on customer satisfaction over profit
| Bidding Dates |
|---|
| 10 Sep 2025 - 12 Sep 2025 |
| Subscription |
|---|
| 59.84x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹2,36,800 | 2 | 2 | 1600 | 2.4 M | ₹74 - ₹78 | 52.46 % | ₹175.0 M - ₹184.5 M | RHP DOC |
Jay Ambe Supermarkets IPO SUBSCRIPTION STATUS
12 Sep '25Jay Ambe Supermarkets IPO overall subscription rate was 59.84 times the total available shares
Jay Ambe Supermarkets IPO retail subscription rate was 95.2 times in the retail segment
Jay Ambe Supermarkets IPO non-institutional investor subscription rate was 147.05 times in the non-institutional investor category
Jay Ambe Supermarkets IPO Qualified Institutional Bidder subscription rate was 8.92 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
12 Sep 2025 (Day 3) | 95.2x | 147.05x | 8.92x |
11 Sep 2025 (Day 2) | 13.25x | 12.79x | 0.53x |
10 Sep 2025 (Day 1) | 2.18x | 4.89x | 0x |
Jay Ambe Supermarkets FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY25 | 47.4 | 2.8 | -3.0 | -4.1 | 10.5% |
| FY24 | 33.4 | 1.5 | -1.7 | -1.9 | 9.5% |
| FY23 | 32.7 | 0.4 | -3.1 | -4.4 | 3.8% |
Jay Ambe Supermarkets IPO SUBSCRIPTION STATUS DETAILS
Jay Ambe Supermarkets had 2.4 M shares on offer
Jay Ambe Supermarkets IPO offer price was in the range ₹74 - ₹78
Jay Ambe Supermarkets IPO minimum Investment was ₹236800
Jay Ambe Supermarkets IPO issue size was ₹ 175.0 M - ₹ 184.5 M
Jay Ambe Supermarkets had a minimum lot size of 1600 Shares per application
Jay Ambe Supermarkets NUMBER OF SHARES ON OFFER
Jay Ambe Supermarkets IPO IMPORTANT DATES
| Issue Open Date | 10 Sep 2025 |
| Issue close Date | 12 Sep 2025 |
| Allotment Date | 15 Sep 2025 |
| Refund Date | 16 Sep 2025 |
| Demat Account Credit Date | 16 Sep 2025 |
| Listing Date | 17 Sep 2025 |
| Listing on Exchange(s) | BSE |
| Jay Ambe Supermarkets Allotment Status | Exchange/ Registrar |
Jay Ambe Supermarkets IPO subscription opened on 10 Sep 2025, and closed on 12 Sep 2025
IPO allotment for Jay Ambe Supermarkets was finalized on Monday, 15 Sep 2025
IPO listing for Jay Ambe Supermarkets was on BSE on Wednesday, 17 Sep 2025
Jay Ambe Supermarkets IPO LISTING GAINS
| Issue Price (adjusted) | 78.0 |
| Listing Open Price | 79.0 |
| Listing Close Price | 83.0 |
| Listing Gain% | 1.3% |
| Current Gain% | 41.0% |
Jay Ambe Supermarkets Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jay Ambe Supermarkets Ltd. | 110 | 97.7 | 20 | 0.3 | 1.4 | 14.1 | 8.4 | 71.6 | 51 | 4.9 | 77 | 5.5 | 77 |
| Avenue Supermarts Ltd. | 4040 | 263507.4 | 86.2 | 6.6 | 3.7 | 12.1 | 10.1 | 68894.8 | 15.8 | 2970.5 | 9.7 | 46.9 | 13 |
| Trent Ltd. | 2987 | 159276.5 | 88 | 6.2 | 7.6 | 24.6 | 14.7 | 20189 | 16.3 | 1719.6 | 11.2 | 33.9 | 14.2 |
| Vishal Mega Mart Ltd. | 108 | 50590.5 | 56.7 | 1.9 | 3.7 | 11.3 | 7.3 | 12992.6 | 20.6 | 839.2 | 32.8 | 1.9 | 29.7 |
| V2 Retail Ltd. | 219.8 | 8015.5 | 49.6 | 0.4 | 2.6 | 18 | 6.7 | 3077.4 | 62.7 | 162.1 | 125 | 4.4 | 124.2 |
| Aditya Birla Fashion and Retail Ltd. | 57.2 | 6976.6 | -9 | 0.1 | 0.8 | -13.3 | -4.4 | 8486.5 | 12.4 | -775.9 | -106.5 | -6.4 | -67.2 |
Jay Ambe Supermarkets INFORMATION ON IPO ISSUE
About Jay Ambe Supermarkets
Jay Ambe Supermarkets was incorporated on November 23, 2020. The company is engaged in trading FMCG products, groceries, home textiles, décor, apparel, toys, gifts, footwear, and other household items through supermarkets and related formats. It aims to enhance the retail shopping experience by offering a wide product range, fair pricing, and best-in-class service, with a focus on customer satisfaction over profit
Object of the Issue
- Purchase of existing store of the company located at Nana Chiloda, Ahmedabad
- Purchase of fit-outs for three new stores
- To meet working capital requirements
- General corporate purposes
Jay Ambe Supermarkets - PROMOTERS
| Name |
|---|
| Jignesh Amratbhai Patel |
| Harshal Daxeshkumar Patel |
| Bhikhabhai Shivdas Patel |
| Rutwijkumar Maganbhai Patel |
Jay Ambe Supermarkets - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Jignesh Amratbhai Patel | Chairman & Managing Director |
| Harshal Daxeshkumar Patel | Non-Executive Director |
| Bhikhabhai Shivdas Patel | Non-Executive Director |
| Rutwijkumar Maganbhai Patel | Non-Executive Director |
| Poonam Pravinbhai Panchal | Independent Director |
| Tanmay Rajendrakumar Mehta | Independent Director |
Jay Ambe Supermarkets Book Running Lead Manager
Beeline Capital Advisors Private Limited
mb@beelinemb.com
Jay Ambe Supermarkets Registrar to the issue
MUFG Intime India Private Limited
jayambe.smeipo@in.mpms.mufg.com
Jay Ambe Supermarkets Strengths
Diversified product portfolio
The company offers a wide range of products, including FMCG, toys, artificial jewellery, crockery, apparel, and household items, catering to diverse customer needs. This comprehensive portfolio attracts a broad customer base, enhances brand recognition, and fosters customer loyalty
Friendly refund policy
The company’s customer-friendly refund policy builds trust and confidence by allowing easy returns or exchanges. This enhances customer satisfaction, encourages repeat purchases, and strengthens positive brand perception
Vendor relationships
The company has built strong partnerships with over 1,700 manufacturers and suppliers across India, creating a reliable and diverse supply chain. These long-term relationships ensure consistent product quality, competitive pricing, and a wide range of offerings, enabling the Company to meet varied customer needs and strengthen its position as a one-stop shopping destination
Jay Ambe Supermarkets Risks
Capital intensive
The company has significant working capital requirements due to the time gap between procurement and sales realization. Insufficient funds to meet these needs may force reliance on borrowings or internal accruals, and rising stock costs or advance payments could further increase short-term debt, adversely affecting operations and financial stability
Inventory forecasting
The company’s success depends on maintaining optimal inventory levels to meet consumer demand efficiently. Inaccurate forecasts may lead to product shortages or excess stock, adversely impacting business, operations, and financial performance
Competition
The company operates in a highly competitive industry marked by rapid changes in consumer trends and technology. Intense competition from retail, wholesale, and e-commerce players, including national and local stores, may impact its market share, pricing, and demand, thereby adversely affecting business performance
IPO FAQs
The promoters of the company are Jignesh Amratbhai Patel, Harshal Daxeshkumar Patel, Bhikhabhai Shivdas Patel and Rutwijkumar Maganbhai Patel.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 74.0 - 78.0.
The IPO application opens on Sep 10, 2025 and closes on Sep 12, 2025.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 236,800.0, the maximum value for this IPO is Rs 249,600.0.
This IPO will be allotted on Sep 15, 2025.
The refund will be credited to your account on Sep 16, 2025.
The allotted shares will be credited to your demat on Sep 16, 2025.
Jay Ambe Supermarkets Ltd.’s shares listed on the stock exchanges on Sep 17, 2025.