Jeyyam Global Foods Limited IPO
- IPO Date02 Sep, 2024 to 04 Sep, 2024
- Listing Date09 Sep, 2024
- Face Value₹5 per share
- Issue Price₹59 to ₹61 per share
- Lot Size2000 Shares
- Minimum Investment₹1,22,000
- Listing AtNSE SME
- Total Issue Size1,34,32,000 Shares
(aggregating up to ₹81.94 Cr) - Fresh Issue1,20,88,800 Shares
(aggregating up to ₹73.74 Cr)
- Offer for Sale13,43,200 Shares
(aggregating up to ₹8.19 Cr) - Issue TypeBook Built Issue IPO
- Share holding pre issue3,54,07,956
- Shareholding post issue4,74,96,756
IPO Dates
Closing Date
04 Sep, 2024
Initiation of Refunds
06 Sep, 2024
Listing Date
09 Sep, 2024
02 Sep, 2024
Opening Date
05 Sep, 2024
Basis of Allotment
06 Sep, 2024
Credit of Shares
Jeyyam Global Foods Limited 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 | ₹1,22,000 |
| HNI (Min) | 2 | 4000 | ₹2,44,000 |
| Retail (Max) | 1 | 2000 | ₹1,22,000 |
Jeyyam Global Foods Limited Promoter Holding
The Promoters of the Company are Mr. Shripal Veeramchand Sanghvi, Mr. Amit Agarwal, Mrs. Sujathaa Mehta, Shanti Guru Industries Limited, Mrs. Sarika Ssangavi, M/s. Shripal Sanghvi HUF and M/s. Mahipal Sanghvi HUF.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 92% | - |
Jeyyam Global Foods Limited COMPANY INFORMATION
Jeyyam Global Foods IPO is a book built issue of Rs 81.94 crores. The issue is a combination of fresh issue of 120.89 lakh shares aggregating to Rs 73.74 crores and offer for sale of 13.43 lakh shares aggregating to Rs 8.19 crores. Jeyyam Global Foods IPO opens for subscription on September 2, 2024 and closes on September 4, 2024. The allotment for the Jeyyam Global Foods IPO is expected to be finalized on Thursday, September 5, 2024. Jeyyam Global Foods IPO will list on NSE SME with tentative listing date fixed as Monday, September 9, 2024. Jeyyam Global Foods IPO price band is set at ₹59 to ₹61 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹122,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹244,000. Corpwis Advisors Private Limited is the book running lead manager of the Jeyyam Global Foods IPO, while Kfin Technologies Limited is the registrar for the issue. The market maker for Jeyyam Global Foods IPO is Nnm Securities. Refer to Jeyyam Global Foods IPO RHP for detailed information.
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.
FAQs About Jeyyam Global Foods Limited Ipo
Jeyyam Global Foods Limited IPO will open on 02 Sep, 2024 and close on 04 Sep, 2024. Investors must apply within this period to participate.
The Jeyyam Global Foods Limited IPO price band is set between ₹59.00 and ₹61.00 per share. The minimum lot size is 2000, requiring an investment of at least ₹122000.00.
The Jeyyam Global Foods Limited IPO shares are expected to be listed on 09 Sep, 2024, subject to regulatory approvals and final allotment.
You can track your Jeyyam Global Foods Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Jeyyam Global Foods Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.