JEYYAM GLOBAL FOODS LIMITED
Corporate Identification Number: U15400TN2008PLC066955
Jeyyam Global Foods Limited is a book-built issue of Rs. 81.94 Crores. This money issue combines a fresh issue of 120.89 Lakh shares in exchange for Rs. 73.74 crores and another offer of sale of 13.43 lakh shares aggregating Rs. 8.19 crores.
Jeyyam Global Food Limited IPO is publically open on 2nd September 2024 and closes on 4th September 2024. Allotment of shares on 5th September 2024 and a listing of this share in the NSE SME segment on Monday, September 09, 2024.
Jeyyam Global Foods IPO price is set at ₹59 to ₹61 per share. The minimum lot size for retail investors is 2000 Shares and the minimum amount is ₹1,22,000. The minimum lot size in HNI is 2 lots(4000 Shares) and the amount is about ₹244,000.
JEYYAM GLOBAL FOODS LIMITED IPO DETAILS
| IPO Date | September 2, 2024 to September 4, 2024 |
| Listing Date | [.] |
| Face Value | ₹5 per share |
| Price Band | ₹59 to ₹61 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 13,432,000 shares (aggregating up to ₹81.94 Cr) |
| Fresh Issue | 12,088,800 shares (aggregating up to ₹73.74 Cr) |
| Offer for Sale | 1,343,200 shares of ₹5 (aggregating up to ₹8.19 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding pre-issue | 35,407,956 |
| Shareholding post issue | 47,496,756 |
| Market Maker portion | 672,000 shares |
JEYYAM GLOBAL FOODS LIMITED IPO Timeline (Tentative Schedule)
| IPO Open Date | Monday, September 2, 2024 |
| IPO Close Date | Wednesday, September 4, 2024 |
| Basis of Allotment | Thursday, September 5, 2024 |
| Initiation of Refunds | Friday, September 6, 2024 |
| The credit of Shares to Demat | Friday, September 6, 2024 |
| Listing Date | Monday, September 9, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 4, 2024 |
JEYYAM GLOBAL FOODS LIMITED IPO Lot Size in Category
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹122,000 |
| Retail (Max) | 1 | 2000 | ₹122,000 |
| HNI (Min) | 2 | 4,000 | ₹244,000 |
JEYYAM GLOBAL FOODS LIMITED IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 37,76,000 (28.11%) |
| Market Maker Shares Offered | 6,72,000 (5%) |
| QIB Shares Offered | 26,04,000 (19.39%) |
| NII (HNI) Shares Offered | 19,14,000 (14.25%) |
| Retail Shares Offered | 44,66,000 (33.25%) |
| Total Shares Offered | 1,34,32,000 (100%) |
JEYYAM GLOBAL FOODS LIMITED IPO Promotor Holdings
| Share Holding Pre-Issue | 92.00% |
| Share Holding Post Issue |
JEYYAM GLOBAL FOODS LIMITED IPO Anchor Investors Details
| Bid Date | August 30, 2024 |
| Shares Offered | 3,776,000 |
| Anchor Portion Size (In Cr.) | 23.03 |
| Anchor lock-in period end date for 50% shares (30 Days) | October 5, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | December 4, 2024 |
About Jeyyam Global Foods Limited
Jeyyam Global Foods Limited is a private company that was established on March 24, 2008. Jeyyam Global Foods Limited was incorporated as Kichoni Online Services Private Limited. This company is producing Bengali chickpeas (locally known as ‘chana’), Fried Gram, and Besan Flour. They are supplying this product to distributors, hotels, restaurants, caterers, large retailers, branded supermarkets and wholesalers.
Jeyyam Global Foods Limited has an FSSAI license for its two branches Ammalamudugu and Devattipatti, license number is respectively ISO 9001:2015 and ISO 22000:2018. They maintain food quality for both factory locations and also obtained ISO for the third factory location Salem.
Jeyyam Global Food Limited’s Products:
- Jeyyam Fried Gram (Split)
- Jeyyam fried gram (whole)
- Standard fried gram (split)
- Standard fried gram (whole)
- Jeyyam gram flour
- Leader gram flour
- Ponni gram flour
On The date 31 March, 2024 company has confirmed 150 employees.
Jeyyam Global Foods Limited’s Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 19,226.39 | 16,835.02 | 9,941.17 | |||||||||||||||||||||||||||
| Revenue | 62,983.42 | 38,220.62 | 25,388.3 | |||||||||||||||||||||||||||
| Profit After Tax | 1,509.11 | 786.8 | 436.8 | |||||||||||||||||||||||||||
| Net Worth | 8,022.42 | 6,513.6 | 5,726.51 | |||||||||||||||||||||||||||
| Reserves and Surplus | 6,252.02 | 6,452.26 | 5,665.46 | |||||||||||||||||||||||||||
| Total Borrowing | 9,620.5 | 9,226.05 | 3,319.3 | |||||||||||||||||||||||||||
| Amount in ₹ Lakhs | ||||||||||||||||||||||||||||||
Key Performance Indicator Of Jeyyam Global Foods
| KPI | Values |
|---|---|
| ROE | 18.81% |
| ROCE | 26.27% |
| Debt/Equity | 1.2 |
| RoNW | 18.81% |
| P/BV | 2.69 |
| PAT Margin (%) | 2.4 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 4.26 | 3.18 |
| P/E (x) | 14.31 | 19.2 |
Objects of the Issue (Jeyyam Global Foods IPO Objectives)
The company proposes to utilize the funds towards the funding of the following objectives:
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
Company Owner & Its Share Holding Details
Managing Director: Mr. Amit Agarwal
THE PROMOTERS OF OUR COMPANY:
- MR. SHRIPAL VEERAMCHAND SANGHVI,
- MR. AMIT AGARWAL, MRS. SUJATHAA MEHTA,
- SHANTI GURU INDUSTRIES LIMITED,
- MRS. SARIKA SSANGAVI,
- M/S. SHRIPAL SANGHVI HUF
- M/S. MAHIPAL SANGHVI HUF
Company Details
REGISTERED OFFICE: No.37 (Old No.19), Padmavathiyar Road, Gopalapuram, Chennai – 600 086.
CONTACT PERSON: Mr. Amit Agarwal (Managing Director)
TELEPHONE: 044-4505 4101, 044-2835 1835, +91-90034 02000
WEBSITE & EMAIL: Website: www.jeyyamfoods.com & Email: info@jeyyamfoods.in
Genuine Reviews(May Apply)
Jeyyam Global Foods Limited is known for its quality products. Specially company is famous for its main product Bengal Gram (Chana), company’s main revenue comes from this product. In this financial year FY24 Jeyyam has jumped in his growth. You can apply for sure for long-term investment.
Keys events and Milestones
- Year: 2008 – Incorporated as Kichoni Online Services Private Limited
- Year: 2009 – The company changed its name to Jeyyam Global Foods Limited and started trading in FMCG products
- Year: 2012 – Company’s turnover is more than Rs. 125 Crores
- Year: 2015 – Merger with JFP LLP
- Year: 2016 – Launched new factory at Deevatipatti, Salem
- Year: 2019 – Increase in turnover of more than INR 23000 Lakhs
- Year: 2020 – Increase in turnover of more than INR 29000 Lakhs
- Year: 2023 – Open New Plant in Andhra Pradesh, with a Turnover of more than INR 38000 Lakhs and conversation company from private to public
- Year: 2024– Company achieved a turnover of more than INR 62000 Lakhs
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