What is the price band for the Jeyyam Global Foods IPO?

The price band for the Jeyyam Global Foods IPO is set between ₹59 and ₹61 per share.

What is the lot size for the Jeyyam Global Foods IPO?

The minimum lot size for the Jeyyam Global Foods IPO is 2,000 shares, requiring a minimum investment of ₹122,000.

When will the allotment for the Jeyyam Global Foods IPO be finalized?

The allotment date for the Jeyyam Global Foods IPO is expected to be finalized on September 5, 2024.

When will the Jeyyam Global Foods IPO list on the stock exchange?

The Jeyyam Global Foods IPO is expected to list on NSE SME on September 9, 2024.

Who is the registrar for the Jeyyam Global Foods IPO?

Kfin Technologies Limited is the registrar for the Jeyyam Global Foods IPO.

What is the total issue size of the Jeyyam Global Foods IPO?

The total issue size of the Jeyyam Global Foods IPO is ₹81.94 crores, including a fresh issue of ₹73.74 crores and an offer for sale of ₹8.19 crores.

What are the uses of the proceeds from the Jeyyam Global Foods IPO?

The proceeds from the Jeyyam Global Foods IPO will be used for working capital requirements, general corporate purposes, and other business objectives as outlined in the RHP.

What should investors know about the risks associated with the Jeyyam Global Foods IPO?

Investors should be aware of market risks, the company’s financial health, competition, and industry-specific risks before investing in the Jeyyam Global Foods IPO. It is advisable to read the RHP carefully.

What is the process for an SME IPO, and how does it differ from a regular IPO?

An SME IPO is designed for small and medium-sized enterprises. The process includes filing a draft prospectus with SEBI, getting approval, and listing on SME exchanges like NSE SME or BSE SME. SME IPOs have less stringent compliance requirements, lower listing costs, and smaller issue sizes compared to regular IPOs, making them suitable for smaller companies. As this process is complicated companies hire a SME IPO Consultants / SME IPO Advisory.

Jeyyam Global Foods Limited IPO (Jeyyam Global Foods IPO) Date, Price, GMP & Allotment 2024

Q: What is the Jeyyam Global Foods IPO date?

The Jeyyam Global Foods IPO opens on September 2, 2024, and closes on September 4, 2024.

Jeyyam Global Foods Limited IPO Overview

Jeyyam Global Foods IPO is set to launch as a book-built issue, with a total size of Rs 81.94 crores. This IPO consists of a fresh issue of 120.89 lakh shares, totaling Rs 73.74 crores, alongside an offer for the sale of 13.43 lakh shares, aggregating to Rs 8.19 crores.

The subscription window for Jeyyam Global Foods IPO opens on September 2, 2024, and will close on September 4, 2024. Investors can expect the allotment to be finalized on Thursday, September 5, 2024, with the shares being listed on the NSE SME. The tentative listing date is set for Monday, September 9, 2024.

The price band for the Jeyyam Global Foods IPO is determined at ₹59 to ₹61 per share. Retail investors must apply for a minimum lot size of 2000 shares, requiring a minimum investment of ₹122,000. High Net-worth Individuals (HNIs) can invest in a minimum of 2 lots, totaling 4,000 shares and ₹244,000.

Corpwis Advisors Private Limited is the book-running lead manager for this IPO, while Kfin Technologies Limited serves as the registrar. Nnm Securities will act as the market maker for the Jeyyam Global Foods IPO.

Jeyyam Global Foods IPO Important dates

Jeyyam Global Foods IPO opens on September 2, 2024, and closes on September 4, 2024.

IPO Open Date	Monday, September 2, 2024
IPO Close Date	Wednesday, September 4, 2024
Basis of Allotment	Thursday, September 5, 2024
Initiation of Refunds	Friday, September 6, 2024
The credit of Shares to Demat	Friday, September 6, 2024
Listing Date	Monday, September 9, 2024
Cut-off time for UPI mandate confirmation	5 PM on September 4, 2024

Jeyyam Global Foods Limited IPO Financial Performance

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	₹192.26 Cr	₹168.35 Cr	₹99.41 Cr
Revenue	₹629.83 Cr	₹382.21 Cr	₹253.88 Cr
Profit After Tax	₹15.09 Cr	₹7.87 Cr	₹4.37 Cr
Net Worth	₹80.22 Cr	₹65.14 Cr	₹57.27 Cr
Reserves and Surplus	₹62.52 Cr	₹64.52 Cr	₹56.65 Cr
Total Borrowing	₹96.21 Cr	₹92.26 Cr	₹33.19 Cr

Jeyyam Global Foods IPO Key Performance Indicator

The market capitalization of Jeyyam Global Foods IPO is Rs 289.73 Cr.

KPI as of March 31, 2024.

KPI	Values
ROE	18.81%
ROCE	26.27%
Debt/Equity	1.2
RoNW	18.81%
P/BV	2.69
PAT Margin (%)	2.4

Jeyyam Global Foods Limited 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 Lot Size

Investors can bid for a minimum of 2000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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 Limited IPO Details

IPO Date	September 2, 2024 to September 4, 2024
Listing Date	[.]
Face Value	₹5 per share
Price Band	₹59 to ₹61 per share
Lot Size	2000 Shares
Total Issue Size	13,432,000 shares (aggregating up to ₹81.94 Cr)
Fresh Issue	12,088,800 shares (aggregating up to ₹73.74 Cr)
Offer for Sale	1,343,200 shares of ₹5 (aggregating up to ₹8.19 Cr)
Issue Type	Book Built Issue IPO
Listing At	NSE SME
Shareholding pre-issue	35,407,956
Shareholding post-issue	47,496,756
Market Maker portion	672,000 shares

Jeyyam Global Foods Limited Company: Overview and Services

Established in 2008, Jeyyam Global Foods Limited, previously known as Kichoni Online Services Private Limited, has made a significant mark in the food processing industry. Specializing in the production and processing of Bengali chickpeas, also known locally as ‘chana,’ the company offers a diverse range of products, including Fried Gram and Besan Flour. These products are supplied to a broad spectrum of markets, including distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers.

Commitment to Quality and Certification

Jeyyam Global Foods Limited operates with a strong commitment to quality. The company holds an FSSAI license for its two factory locations in Ammalamudugu and Devattipatti. To ensure the highest standards, the company maintains ISO 9001:2015 and ISO 22000:2018 certifications across its production facilities. Additionally, the Salem factory has also earned ISO certification, further emphasizing the company’s dedication to excellence in food safety and quality management.

Diverse Product Portfolio

Jeyyam’s product portfolio is comprehensive, catering to a wide range of consumer needs. The company’s offerings include:

Jeyyam Fried Gram (Split and Whole)
Standard Fried Gram (Split and Whole)
Jeyyam Gram Flour
Leader Gram Flour
Ponni Gram Flour

These products have established Jeyyam as a trusted name in the food processing sector.

Skilled Workforce

As of March 31, 2024, Jeyyam Global Foods Limited employed 155 permanent staff members, showcasing its commitment to creating jobs and sustaining a skilled workforce.

With a strong foundation, rigorous quality standards, and a diverse product range, Jeyyam Global Foods Limited continues to grow and thrive, making it a key player in the global food processing industry.

SWOT Analysis

Strengths:

Established presence in the chickpea and gram flour market FSSAI-licensed and ISO-certified manufacturing facilities
Diverse product portfolio catering to various market segments
Experienced management team

Weaknesses:

Concentration in specific product categories
Potential dependency on key raw materials
Regional market focus

Opportunities:

Growing demand for packaged food products in India
Potential for expansion into new geographical markets
Increasing health consciousness driving demand for nutritious food options

Threats:

Fluctuations in raw material prices Intense competition in the food processing industry Regulatory changes affecting food safety standards

Jeyyam Global Foods IPO GMP Details

Jeyyam Global Foods SME IPO last GMP is ₹25., last updated Sep 4rd 2024. With a price band of 61.00, Jeyyam Global Foods SME IPO‘s estimated listing price is ₹86 (cap price + today’s GMP). The expected percentage gain/loss per share is 40.98%.

Stay with us to know the daily price trend of Jeyyam Global Foods SME IPO GMP with an expected listing price.

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
04-09-2024 Close	61.00	₹25	38000	₹86 (40.98%)	4-Sep-2024
03-09-2024	61.00	₹25	38000	₹86 (40.98%)	3-Sep-2024
02-09-2024 Open	61.00	₹0	—	₹61 (0%)	2-Sep-2024
01-09-2024	61.00	₹0	—	₹61 (0%)	1-Sep-2024
31-08-2024	61.00	₹0	—	₹61 (0%)	31-Aug-2024
30-08-2024	61.00	₹0	—	₹61 (0%)	30-Aug-2024
29-08-2024	61.00	₹0	—	₹61 (0%)	29-Aug-2024
28-08-2024	61.00	₹0	—	₹61 (0%)	28-Aug-2024
27-08-2024	61.00	₹0	—	₹61 (0%)	27-Aug-2024
26-08-2024	61.00	₹0	—	₹61 (0%)	26-Aug-2024

Jeyyam Global Foods Limited IPO subscription status

Jeyyam Global Foods IPO subscribed 8.56 times. The public issue subscribed 13.02 times in the retail category, 0.63 times in QIB, and 8.96 times in the NII category by September 4, 2024.

Investor Category	Subscription (times)	Shares Offered*	Shares bid for	Total Amount (Rs Cr.)*
Anchor Investors	1	37,76,000	37,76,000	23.03
Market Maker	1	6,72,000	6,72,000	4.10
Qualified Institutions	0.63	26,04,000	16,40,000	10.00
Non-Institutional Buyers***	8.96	19,14,000	1,71,44,000	104.58
Retail Investors	13.02	44,66,000	5,81,40,000	354.65
Total **	8.56	89,84,000	7,69,24,000	469.24

Total Application: 29,070

Note:

*: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
***: Market Maker portion is not included in NII/HNI.

Jeyyam Global Foods IPO Subscription Details (times)

Date	QIB	NII*	Retail	Total
Day 1 Sep 2, 2024	0.63	0.97	2.47	1.62
Day 2 Sep 3, 2024	0.63	2.70	7.26	4.37
Day 3 Sep 4, 2024	0.63	8.96	13.02	8.56

Jeyyam Global Foods IPO Allotment status

The allotment status of Jeyyam Global Foods IPO is expected to be available on September 5, 2024.

Jeyyam Global Foods IPO allotment status is not available at this time. Jeyyam Global Foods IPO – The allotment status will be available once the basis of the allotment is finalized. Please revisit us to check the latest updates on Jeyyam Global Foods Limited’s IPO allotment status.

To check Jeyyam Global Foods IPO allotment status, follow the steps below:

Click on the allotment status check button below.
Select Company Name.
Enter your PAN Number, Application Number or DP Client ID (Anyone).
Click on Search.

When you secure the allotment, you will receive the credit for equivalent shares in your Demat account.

If you have any concerns or queries about the allotment status, contact Kfin Technologies Limited either by phone or email. Investors can call on 04067162222, 04079611000 or send an email with all relevant details to jgfl.ipo@kfintech.com.

Contact Details

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/

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Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their financial situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.