Jay Ambe Supermarkets Limited IPO

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Business Activities

i) Engaged in trading of FMCG products, groceries, home textiles, décor, apparel, toys, footwear, household items, and gift articles through supermarkets.

ii) Operates under own stores and franchise models (FOCO & FOFO).

iii) Additional income streams include:

– Shelf rentals to other companies
– Paid branding & marketing displays
– Vendor promotions (FSUs, standees, shop-in-shop counters)
– Employee deputation from brands for in-store selling

iv) Products Portfolio:

FMCG (food & non-food), groceries, household goods, consumer durables.Apparel, footwear, home textiles, luggage and Toys, stationery, gift articles, imitation jewellery, crockery, and more.

Franchise Models

a) FOCO (Franchise Owned, Company Operated): Franchisee owns the store; company manages daily operations, revenue linked to sales per sq. ft.

b) FOFO (Franchise Owned, Franchise Operated): Franchisee owns and operates the store; pays franchise fee and royalties to the brand.

Operations & Presence

Jay Ambe Supermarkets operates 17 stores across Gujarat, including 10 company-owned and 7 franchise outlets. The company has built a strong supply chain with over 1,700 manufacturers and suppliers, while procurement is centralized at its Kudasan regional office using ERP systems to track demand, inventory, and sales. Instead of separate warehouses, additional inventory is stored on in-store top shelves, ensuring efficient space utilization and smooth operations.

Growth Strategy

i) Expansion through franchise networks in Gujarat and beyond.
ii) Focus on customer experience through technology-driven operations (ERP systems).
iii) Strengthening vendor partnerships for pricing advantage.
iv) Scaling City Square Mart as a leading retail chain in Tier 2 & Tier 3 cities

Objects of the Jay Ambe Supermarkets Limited IPO:

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects: 1. Purchase of existing store of the company located at Ahmedabad (₹4.25 cr) 2. Purchase of fit-outs for 3 new stores (₹4.63 cr) 3. Meet Working Capital Requirements (₹4.50 cr) 4. General Corporate Purposes

Jay Ambe Supermarkets Limited IPO Details:

Open Date: Sep 10 2025
Close Date: Sep 12 2025
Total Shares: 23,64,800
Face Value: ₹ 10 Per Equity Share
Issue Type: Book Building
Issue Size: 18.54 Cr.
Lot Size: 1600 Shares
Issue Price: ₹ 74-78 Per Equity Share
Listing At: BSE SME
Listing Date: Sep 17 2025

Promoters And Management:

1. Jignesh Amratbhai Patel, Chairman & Managing Director,  47, is the Chairman, MD, and Promoter of our Company. He oversees overall management, strategy development, and execution. With over 19 years of experience in global and national supermarket chains, he drives the company’s growth and operations. 2. Rutwijkumar Maganbhai Patel, Non-Executive Director, 41, is a Non-Executive Director and Promoter with 6+ years of experience in retail business development and marketing. He specializes in risk management, compliance, and implementing efficient systems, contributing to business growth and sustainability. 3. Harshal Daxeshkumar Patel, Non-Executive Director, 28, is a Non-Executive Director and Promoter with 6+ years in business development. A civil engineer with experience in construction, he brings expertise in sales, marketing, project management, and finance, supporting the company’s strategic direction.

Financials of Jay Ambe Supermarkets Limited IPO:

To be updated shortly

Comparison With Peers:

To be updated shortly

Lead Manager of Jay Ambe Supermarkets Limited IPO:

  1. Beeline Capital Advisors Pvt Ltd

Registrar of Jay Ambe Supermarkets Limited IPO:

  1. MUFG Intime India Private Limited

Discussion on Jay Ambe Supermarkets Limited IPO:

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