Jeyyam Global Foods Limited

02 Sep 2024 - 04 Sep 2024 Individual Category SME NSE

Min Investment

₹236000

Price Band

₹59-₹61

Issue Size

96.56 lakhs
Equity Shares

Lot Size

2000 (per lot)

IPO Dates
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02 Sep 2024

Open Date

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04 Sep 2024

Close Date

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05 Sep 2024

Allotment Date

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09 Sep 2024

Listing Date

Jeyyam Global Foods is open for subscription from Monday, September 2, 2024, and closes on Wednesday, September 4, 2024. The price band for this IPO is set at Rs 59 – Rs 61 per share. Jeyyam Global Foods’ IPO is offering a fresh issue of 1.20 crore of equity shares worth up to Rs 73.74 crore and an offer for sale of 13.43 lakh of equity share worth up to Rs 8.19 crore, this sums up the total issue size of 1.34 crore of equity shares worth up to Rs 81.94 crore. The allotment for this new IPO is expected to be finalised on Thursday, September 5, 2024. The listing of this IPO will be done on Monday, September 9, 2024, at NSE SME segment. The minimum lot size set for the retail category is 1 lot, i.e., 2000 shares. For retail investors, the minimum and maximum investment amount required is Rs 122,000. However, for the HNI category, the minimum lot size is 2 lots, i.e., 4000 shares amounting to Rs 244,000. The IPO is managed by Corpwis Advisors Private Limited, which is the book-running lead manager of this public issue. The company has appointed Kfin Technologies Limited as the registrar for the issue.

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About Jeyyam Global Foods Limited

Jeyyam Global Foods Limited, established in 2008 formerly known as Kichoni Online Services Private Limited, specialises in producing and processing Bengali chickpeas, Fried Gram, and Besan Flour. The company supplies its products to a wide range of markets, including distributors, large retailers, and caterers. Jeyyam operates two FSSAI-licensed factory locations in Ammalamudugu and Devattipatti, maintaining ISO 9001:2015 and ISO 22000:2018 standards. Their product portfolio includes Jeyyam Fried Gram, gram flour, and various other branded gram flour products. As of March 31, 2024, the company employed 155 permanent staff.

Founded

2008

Managing Director

Mr Shripal Veeramchand Sanghvi, Mr Amit Agarwal, Mrs Sujathaa Mehta, Shanti Guru Industries Limited,

Parent Organization

IPO Objectives

The company intends to utilise the funding received from the fresh issue for various purposes, including funding for working capital requirements by the company, capital expenditure and general corporate purposes.

Company Promoters

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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IPO Allotment

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