Jay Ambe Supermarkets Limited IPO GMP 2025 – Complete Review
11 September 2025 · Sachin Gadekar
Jay Ambe Supermarkets IPO GMP, Price, Dates, Financials, and Review

Introduction
The Jay Ambe Supermarkets Limited IPO has opened for subscription, attracting attention from investors keen on retail expansion stories in India. With a focus on FMCG, grocery, textiles, and household items, Jay Ambe has grown rapidly in Gujarat and now seeks to raise funds through a fresh equity issue. This article provides an in-depth look at the IPO, its GMP (Grey Market Premium), price band, subscription details, financials, and competitive positioning.
What is Jay Ambe Supermarkets Limited?
Incorporated in 2020, Jay Ambe Supermarkets Limited operates retail marts under the franchise model, offering a wide range of products from groceries to apparel, footwear, and consumer durables. Its flagship brand, City Square Mart, started in 2018 and has expanded to 17 stores across Gujarat in just six years.
The company has built its presence through affordable pricing, vendor relationships, and customer-centric policies, making it an emerging player in the organized retail sector.
Jay Ambe Supermarkets IPO GMP (Grey Market Premium)
The GMP for Jay Ambe Supermarkets IPO is an important indicator of investor sentiment before listing. While GMP rates fluctuate daily based on demand and market conditions, early reports suggest a positive premium over the issue price band of ₹74–₹78.
A higher GMP often indicates strong listing expectations, though it should not be the sole factor in investment decisions.
Jay Ambe Supermarkets IPO Details
Particulars | Details |
---|---|
IPO Type | Book Building |
IPO Open Date | September 10, 2025 |
IPO Close Date | September 12, 2025 |
Face Value | ₹10 per share |
Price Band | ₹74 – ₹78 per share |
Lot Size | 1,600 shares |
Minimum Investment (Retail) | ₹2,49,600 (3,200 shares) |
Minimum Investment (HNI) | ₹3,74,400 (4,800 shares) |
Issue Size | ₹18.45 Cr |
Fresh Issue | 23,64,800 shares |
Listing | BSE SME |
Jay Ambe Supermarkets IPO Timeline
Event | Date |
---|---|
IPO Open | September 10, 2025 |
IPO Close | September 12, 2025 |
Basis of Allotment | September 15, 2025 |
Refunds Initiation | September 16, 2025 |
Credit of Shares | September 16, 2025 |
Listing Date | September 17, 2025 |
Jay Ambe Supermarkets IPO Lot Size
Investor Category | Minimum Shares | Investment Amount |
---|---|---|
Retail Investors | 3,200 | ₹2,49,600 |
S-HNI | 4,800 | ₹3,74,400 |
B-HNI | 14,400 | ₹11,23,200 |
Jay Ambe Supermarkets IPO Reservation
Investor Category | Shares Offered | % of Issue |
---|---|---|
Market Maker | 1,18,400 | 5.01% |
QIB | 11,21,600 | 47.43% |
NII (HNI) | 3,37,600 | 14.28% |
Retail Investors | 7,87,200 | 33.29% |
Total | 23,64,800 | 100% |
Jay Ambe Supermarkets Ltd. Financial Performance (₹ in Crores)
Particulars | FY 2025 | FY 2024 | FY 2023 |
---|---|---|---|
Assets | 26.78 | 22.02 | 16.79 |
Total Income | 47.40 | 33.41 | 32.69 |
EBITDA | 4.99 | 3.16 | 1.24 |
Profit After Tax | 2.75 | 1.55 | 0.35 |
Net Worth | 13.57 | 7.55 | 3.09 |
Borrowings | 8.71 | 8.56 | 7.47 |
Key Performance Indicators (KPI) of Jay Ambe Supermarkets Ltd.
KPI | Value |
---|---|
ROE | 26.07% |
ROCE | 24.12% |
Debt-to-Equity | 0.64 |
PAT Margin | 5.82% |
EBITDA Margin | 10.53% |
Price-to-Book Value | 6.20 |
Strengths & Risks
Competitive Strengths
Expanding franchise model with strong vendor tie-ups
Wide range of FMCG and consumer products
Experienced management team
Customer-centric refund policies
Strong revenue and PAT growth trajectory
Risks and Challenges
High competition in retail and FMCG sector
Dependence on regional markets (primarily Gujarat)
SME listing may lead to lower liquidity compared to mainboard IPOs
High minimum investment requirement (₹2.49 lakh) may limit retail participation
Should You Invest in Jay Ambe Supermarkets IPO?
The IPO offers exposure to India’s growing organized retail sector, with strong financial growth and expansion potential. The positive GMP trend further indicates investor confidence.
However, being a BSE SME IPO, it comes with risks such as limited liquidity and volatility. Investors with higher risk appetite and long-term outlook may consider applying.
FAQs on Jay Ambe Supermarkets IPO
1. What is the Jay Ambe Supermarkets IPO GMP today?
The GMP is showing a positive premium but varies daily based on demand. Investors should track GMP updates regularly.
2. What is the Jay Ambe Supermarkets IPO price band?
The price band is set between ₹74 and ₹78 per share.
3. What is the minimum investment for retail investors in Jay Ambe IPO?
Retail investors need to invest at least ₹2,49,600 (3,200 shares).
4. When is the Jay Ambe Supermarkets IPO listing date?
The IPO is scheduled to list on September 17, 2025, on BSE SME.
5. Is Jay Ambe Supermarkets IPO a good investment?
It offers strong growth potential, but investors should weigh risks such as SME market liquidity and regional dependency before investing.
Conclusion
The Jay Ambe Supermarkets Limited IPO presents an interesting opportunity in the retail sector with strong financial growth and expansion potential. The IPO’s GMP and subscription response will play a key role in determining listing gains.
For investors seeking exposure to high-growth SME opportunities, this IPO is worth evaluating. To explore more investment opportunities, including unlisted shares and alternative assets, sign up on ultra.