
Jay Ambe Supermarkets IPO GMP & Review: Apply or Avoid?
Posted by : sachet | Wed Sep 10 2025

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Jay Ambe Supermarkets IPO is open for bidding from 10th September 2025 to 12th September 2025. It is a bookbuilding IPO of ₹18.45 crore, comprising a fresh issue of 0.24 crore shares. The problem will be listed on BSE and SSE on its tentative listing date, 17th September 2025.
Jay Ambe Supermarkets IPO Details
The Jay Ambe Supermarkets IPO date is fixed between 10th September 2025 and 12th September 2025. The face value of Jay Ambe Supermarkets IPO shares stands at ₹10 per share, and the IPO price is set at ₹74.00 to ₹78.00 per share.
MUFG Intime India Private Limited is the registrar of the Jay Ambe Supermarkets IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.
| IPO Open Date | 10th September 2025 |
| IPO Close Date | 12th September 2025 |
| IPO Allotment Date | 15th September 2025 |
| Refund Initiation | 16th September 2025 |
| Issue Size | 23,64,800 shares(aggregating up to ₹18.45 Cr) |
| Face Value | ₹10 per share |
| Lot Size | 1,600 shares |
| Issue Price Band | ₹74.00 to ₹78.00 per share |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE & SME |
| Listing Date | 17th September 2025 |
Jay Ambe Supermarkets IPO Share Reservation
Jay Ambe Supermarkets IPO is a bookbuilding IPO of ₹18.45 crores, comprising a fresh issue of 0.24 crore shares of Jay Ambe Supermarkets, which will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.
| Investor Categories | Shares Offered | Shares Percentage |
| Market Maker Shares Offered | 1,18,400 | 5.01% |
| QIB Shares Offered | 11,21,600 | – |
| NII (HNI) Offered | 3,37,600 | 14.28% |
| Retail Shares Offered | 7,87,200 | 33.29% |
| Total Shares Offered | 23,64,800 | 100.00% |
Jay Ambe Supermarkets IPO GMP Grey Market Premium
GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Jay Ambe Supermarkets IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.
| GMP Date | IPO Price | GMP | Estimated Listing Price | Estimated Listing Gains |
| 08-09-2025 | ₹78.00 | ₹11.00 | ₹89.00 | 14.10% |
| 07-09-2025 | ₹78.00 | ₹10.00 | ₹88.00 | 12.82% |
| 06-09-2025 | ₹78.00 | ₹10.00 | ₹88.00 | 12.82% |
| 05-09-2025 | ₹78.00 | ₹0.00 | ₹78.00 | 0.00% |
| 04-09-2025 | ₹78.00 | ₹0.00 | ₹78.00 | 0.00% |
| 03-09-2025 | ₹78.00 | ₹0.00 | ₹78.00 | 0.00% |
As of 8th September 2025, Jay Ambe Supermarkets IPO GMP stands at ₹11 per share, which means the share will likely show a listing at ₹89.00 on its tentative listing date, 17th September 2025.
GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Jay Ambe Supermarkets GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends.
Jay Ambe Supermarkets IPO GMP Review

Check out the detailed Jay Ambe Supermarkets GMP IPO review for a thorough understanding of its potential to report listing gains on 17th September 2025. The Jay Ambe Supermarkets IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.
Financial Health
Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Jay Ambe Supermarkets IPO.
Jay Ambe Supermarkets Limited’s revenue increased by 42.00% from ₹33.41 crores in March 2023 to ₹47.40 crores in March 2024. Moreover, the company’s PAT rose by 78% from ₹1.55 crores to ₹2.75 crores.
Jay Ambe Supermarkets Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, brokers, investors, and RAs have a positive outlook for the Jay Ambe Supermarkets IPO, with its tentative listing day set for 17th September 2025.
Technical Analysis
Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Jay Ambe Supermarkets IPO.
| Key Indicators | Value |
| PE Ratio (Price-to-Earnings) | 18.45 |
| EPS (Earnings Per Share) | 4.23 |
| RoNW | 20.29% |
| ROCE | 24.12 |
| ROE | 26.07 |
| EBITDA Margin | 10.53 |
| Price to Book Value | 6.20 |
| Market Capitalisation | ₹81.93 Cr |
The P/E ratio of Jay Ambe Supermarkets Limited’s share is 18.45, and its Earnings Per Share (EPS) stands at 4.23. Thus, the Jay Ambe Supermarkets Limited IPO is expected to deliver gains on its tentative listing date, 17th September 2025.
Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Jay Ambe Supermarkets Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.
Jay Ambe Supermarkets IPO Subscription Status
The Jay Ambe Supermarkets IPO is scheduled to open for bidding on September 10, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Jay Ambe Supermarkets IPO subscription status.
| Investor Category | Shares Offered | Shares Subscribed | Subscription to the Times |
| Market Maker Shares Offered | 1,18,400 | Yet to be announced | Yet to be announced |
| QIB Shares Offered | 11,21,600 | Yet to be announced | Yet to be announced |
| NII (HNI) Offered | 3,37,600 | Yet to be announced | Yet to be announced |
| Retail Shares Offered | 7,87,200 | Yet to be announced | Yet to be announced |
| Total Shares Offered | 23,64,800 | Yet to be announced | Yet to be announced |
About Jay Ambe Supermarkets Limited

Jay Ambe Supermarkets was established in 2020, Jay Ambe Supermarkets Limited is engaged in the business of trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, or Apparels, Toys, Gift Articles, Footwear and other household items, via supermarkets. The company operates retail marts through a franchise model, allowing franchisees to sell products under its brand name in exchange for an initial fee and annual licensing fees. City Square Mart, a brand of Jay Ambe Supermarkets Private Limited, started in August 2018 in Kudasan, Gandhinagar. In six years, it expanded to 17 stores across Gujarat.
Jay Ambe Supermarkets Limited Financials
The company’s financial analysis is crucial before applying for the Jay Ambe Supermarkets IPO. Refer to the table to learn about Jay Ambe Supermarkets Limited’s financials.
| Year Ended | 31st March 2025 (in cr.) | 31st March 2024 (in cr.) | 31st March 2023 (in cr.) |
| Assets | 26.78 | 22.02 | 16.79 |
| Revenue | 47.40 | 33.41 | 32.69 |
| Profit After Tax | 2.75 | 1.55 | 0.35 |
| EBITDA | 4.99 | 3.16 | 1.24 |
| Net Worth | 13.57 | 7.55 | 3.09 |
| Reserve and surplus | 7.06 | 5.55 | 1.36 |
| Total Borrowing | 8.71 | 8.56 | 7.47 |
Explanation
Jay Ambe Supermarkets Limited’s revenue increased by 42.00% from ₹33.41 crores in March 2023 to ₹47.40 crores in March 2024. Moreover, the company’s PAT rose by 78% from ₹1.55 crores to ₹2.75 crores.
Jay Ambe Supermarkets IPO Bidding Requirements
Investors can bid for a minimum of 145 shares and in multiples of shares thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
| Individual Investors (Retail) (Min) | 2 | 3,200 | ₹2,49,600 |
| Individual Investors (Retail) (Max | 2 | 3,200 | ₹2,49,600 |
| S-HNI (Min) | 3 | 4,800 | ₹3,74,400 |
| S-HNI (Max) | 8 | 12,800 | ₹9,98,400 |
| B-HNI (Min) | 9 | 14,400 | ₹11,23,200 |
Jay Ambe Supermarkets IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.
Use the lot size calculator to find how many shares you should apply for!
Jay Ambe Supermarkets IPO Promoter Holding
Have a look at the table below to check the holdings of Jay Ambe Supermarkets Limited’s promoters: Rakesh Ashok Markhedkar, Avinash Markhedkar and Nakul Markhedkar.
| Share Holding Pre-Issue | 71.51% |
| Share Holding Post-Issue | 52.46% |
Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue – Share Holding Post-Issue.
Aim of the Jay Ambe Supermarkets IPO
The primary aim of the Jay Ambe Supermarkets IPO is to raise ₹22.31 crores. On the other hand, Jay Ambe Supermarkets has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Jay Ambe Supermarkets IPO.
- To purchase the existing store of the company located at Nana Chiloda, Ahmedabad.
- To purchase fit-outs for three (3) new stores
- To Meet Working Capital Requirements
- To General Corporate Purposes
Should I Invest in the Jay Ambe Supermarkets IPO?
Explore the pros and cons of Jay Ambe Supermarkets to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades.
Pros of Jay Ambe Supermarkets IPO
- The company has demonstrated robust market growth with a revenue of 42% from ₹33.4 crore in FY25.
- The profit after tax is ₹1.55 crore for the same period.
- With strong fundamentals spanning over 1,700 manufacturers and suppliers across India.
Cons of Jay Ambe Supermarkets IPO
- All 17 stores are located in Gujarat, with over 50% of revenue from Gandhinagar alone, which leaves the company vulnerable to local economic downturns.
- Inventory levels are unusually high, around five months’ worth of sales, tying up capital and raising concerns about operational efficiency.
- Plans to use IPO proceeds or new store outlets pose risks of delays or cost overruns.
How to Apply for the Jay Ambe Supermarkets IPO?

Check the steps mentioned below to apply for Jay Ambe Supermarkets Limited.
- Step 1: Conduct thorough research on the Jay Ambe Supermarkets IPO GMP, subscription status, issue size, lot size, and other details.
- Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
- Step 3: Make a bid for two lots of 3,200 shares worth ₹2,49,600.
- Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.
Note: You can apply for the Jay Ambe Supermarkets IPO from more than one demat account to increase your chances of allotment.
How to Check Jay Ambe Supermarkets IPO Allotment Status?
You can check whether the Jay Ambe Supermarkets IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.
Check On BSE
- Visit the BSE Official Website.
- Navigate to the IPO Allotment Section.
- Select Equity as the issue type.
- Choose the Jay Ambe Supermarkets IPO.
- Choose whether to proceed with the PAN number or the application number.
- Submit your details to get the allotment status online.
Check On the Registrar Portal
- Visit the registrar portal.
- Click on the allotment option.
- Fill in the required details.
- Click on the submit button to know your Jay Ambe Supermarkets IPO allotment status.
Let’s Wrap
The Jay Ambe Supermarkets IPO is a book-building issue of shares worth ₹18.45 crore. The shares of Jay Ambe Supermarkets Limited will be listed on NSE and SSE on its tentative listing date of 17th September 2025. Researching the Jay Ambe Supermarkets IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.
Open a demat account on Univest now to initiate your investment journey!
FAQs on Jay Ambe Supermarkets IPO
How is the Jay Ambe Supermarkets IPO?
Ans. Currently, on 8th September 2025, the Jay Ambe Supermarkets IPO GMP (Grey Market Premium) stands at ₹11. It indicates that the estimated listing price could be ₹89.00 per share. It is a bookbuilding IPO of ₹18.45 crores, comprising a fresh issue of 0.24 crore shares. The face value of each share of Jay Ambe Supermarkets Limited is ₹10 per share.
What is the Jay Ambe Supermarkets IPO price?
Ans. The Jay Ambe Supermarkets IPO price is set at ₹74.00 to ₹78.00 per share. Retail investors can apply for a minimum of 2 lots consisting of 3,200 shares worth ₹2,49,000. Moreover, HNIs are required to bid for a minimum of 3 lots (4,800 shares) worth ₹3,74,700.
Is the Jay Ambe Supermarkets IPO good?
Ans. Jay Ambe Supermarkets Limited’s revenue increased by 42.00% from ₹33.41 crores in March 2023 to ₹47.40 crores in March 2024. Moreover, the company’s PAT rose by 78% from ₹1.55 crores to ₹2.75 crores.
Who is the registrar of the Jay Ambe Supermarkets IPO?
Ans. MUFG Intime India Private Limited is the registrar of the Jay Ambe Supermarkets IPO, responsible for managing the IPO allotment procedure and refund initiation. For any queries regarding the Jay Ambe Supermarkets allotment and refund, please contact Bigshare Services Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-49186270.
What is the issue size of the Jay Ambe Supermarkets IPO?
Ans. Jay Ambe Supermarkets IPO is a bookbuilding IPO for 0.24 crore shares worth ₹18.45 crores. Moreover, the IPO is set to open on 10th September 2025 and will be closed on 12th September 2025.
Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Jay Ambe Supermarkets IPO, download the Jay Ambe Supermarkets IPO RHP and Jay Ambe Supermarkets IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.
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