IPO Issue Details
Issue Price / Price Band₹61 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size2,000 Shares per Lot
Total Issue Size1,34,32,000 shares (aggregating up to ₹81.94 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 02 Sep 2024
Subscription CloseWed, 04 Sep 2024
Anchor AllotmentSun, 01 Sep 2024
Basis of AllotmentThu, 05 Sep 2024
Initiation of RefundsFri, 06 Sep 2024
Credit of Shares to DematFri, 06 Sep 2024
Listing DateMon, 09 Sep 2024
UPI Mandate Deadline2024-09-04
Application & Investment Details
Retail — Min (1 Lots)₹1,22,000 — 2,000 shares
Retail — Max (13 Lots)₹1,586,000 (13 Lots)
HNI — Min (2 Lots)₹2,44,000 — 4,000 shares
EPS (Pre-IPO)₹4.26
EPS (Post-IPO)₹3.18
P/E Ratio (Pre-IPO)14.31x
P/E Ratio (Post-IPO)19.2x
Net Offer to Public1,27,60,000 shares (aggregating up to ₹77.84 Cr)
Reserved for Market Maker6,72,000 shares (aggregating up to ₹4.10 Cr)
Pre-IPO Promoter Holding3,54,07,956 shares
Post-IPO Promoter Holding4,74,96,756 shares
Fresh Issue Shares1,14,16,800 shares (aggregating up to ₹69.64 Cr
Offer for Sale Shares13,43,200 shares of ₹5 (aggregating up to ₹8.19 Cr)
About Jeyyam Global Foods Ltd.
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 flourLeader gram flour and Ponni gram flourAs of March 31, 2024, the company had 155 permanent employees.
Objects of the Issue
Jeyyam Global Foods Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
3
General Corporate Purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,54,07,956 shares
Post-IPO Promoter Holding
4,74,96,756 shares