Jeyyam Global Foods IPO Date, Review, GMP Price, Details

Jeyyam Global Foods IPO
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Jeyyam Global Foods IPO Date : Jeyyam Global Foods IPO Date is Open on 2 September 2024 and Close on 4 September 2024. Jeyyam Global Foods IPO to Raise 13,432,000 shares (Approx ₹81.94 Cr) via IPO. The Fresh issue of 12,088,800 shares (Approx ₹73.74 Cr) and The Offer For Sale is 1,343,200 shares of ₹5 (Approx ₹8.19 Cr),,,

Our company was incorporated in 2008,Over more than 15 years in food industry, we specializes in manufacturing and/or processing and supply of Bengal Gram (locally known as ‘Chana’), Fried Gram, and Besan Flour to wide variety of market.

Jeyyam Global Foods is continuously engaged in undertaking research and development and is ready to enter into the B2C business of spices and masala, ready to cook and ready to eat foods, salt, sugar, soya and vermicelli, among others. Our focus on quality ensures that every step of the process, from procurement, processing to packaging, is carried out to the highest standards.

We are dedicated to the Chana industry and we are committed to driving growth and transformation in this sector. With deep expertise in chana, a strong team and leverage to anchor and establish the entire Chana value chain, we are on its way to become a pan-India Chana brand. Jeyyam is a brand with a focus in the Chana industry. Our experience in setting up and operating chana product manufacturing units has helped us understand and build a thriving supply chain ecosystem.

We are proud to have set up a model of forward and backward integration in the chana value chain, driving value for every player in the ecosystem. Chana or Chickpeas are very healthy foods. They are high in vitamins, minerals, fiber and protein. These characteristics are responsible for most of their health benefit, which range from weight management to blood sugar control.

Gram dal is the Chickpeas that has been split and polished. Chana dal is one of the most popular ingredients in Indian cuisine. Chana dal is delicious, nutritious and easily digested. Besan is a product obtained by grinding, dried Chickpeas. 

Jeyyam Global Foods IPO Date & Price Band Details

IPO Open Date 2 Sept 2024
IPO Close Date 4 Sept 2024
IPO Size 13,432,000 shares (Approx ₹81.94 Cr)
Fresh Issue 12,088,800 shares (Approx ₹73.74 Cr)
Offer For Sale 1,343,200 shares of ₹5 (Approx ₹8.19 Cr)
Lot Size 2000 Shares
IPO Face Value ₹5 Per Equity Share"
IPO Price Band ₹59 to ₹61 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 35%
IPO QIB Quota 50%
IPO NII Quota 15%
DRHP Draft Click Here
Anchor Investor Click Here

Jeyyam Global Foods IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum 1 2000 ₹1,22,000
Retail Maximum 1 2000 ₹1,22,000
S-HNI Minimum 2 4000 ₹2,44,000

Object of the Issue

  1. Working Capital Requirements.
  2. Capital Expenditures.
  3. General Corporate Purposes.

Jeyyam Global Foods IPO Allotment & Listings (Details)

IPO Open Date 02 Sep 2024
IPO Close Date 04 Sep 2024
Basis of Allotment 05 Sep 2024
Refunds 06 Sep 2024
Credit to Demat Account 06 Sep 2024
IPO Listing Date 09 Sep 2024

Jeyyam Global Foods Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024 ₹629.81 ₹609.82 ₹15.09
2023 ₹382.17 ₹371.73 ₹7.87
2022 ₹253.88 ₹248.07 ₹4.37

Jeyyam Global Foods IPO Details

Our Company Promoters

  1. Mr. Shripal Veeramchand Sanghvi
  2. Mr. Amit Agarwal
  3. Mrs. Sujathaa Mehta
  4. Shanti Guru Industries Limited

Qualitative Factors

  1. Chana focused Manufacturing – Our Company specializes in manufacturing and/or processing Bengal Gram, Fried Gram, and Besan flour with its significant Research and Development on processing. Our company does not have a major competitor focused solely on Chana-related products.
  2. Distribution Channel – Jeyyam is looking forward to expand its sales through various other channels export sales.
  3. Experienced Team – Our Company has experienced management. Undertakes the production process with the latest manufacturing facilities. Has skilled procurement and supply chain team.
  4. Wide range of Customers in B2B segment – Our Costomoers in B2B Segement include, supermarkets, wholesalers, retailers, restaurants, hotel, caterers,
    institutions, importers.
  5. Advanced Technologies – Our Company undertakes manufacturing using the advance technologies.
  6. Customer relationships – Our Company has a strong customer relationship sales team that ensures smooth operations and its commitment to offering quality products.
  7. Research & Development – Our Company is undertaking the research and development of the various products to enable us to be ready for
    entry into the full kitchen essentials in the B2C segment.
  8. Value proposition – Our Company specialises in the production in Chana and related products. Our Company has made substantial investment in the research and development in the kitchen essential products. Premium Quality – Our “Jeyyam” brand is known best for its quality. The brand has earned the trust, and loyalty of its distributors, retailers, and customers solely for its quality through complete transparency. We adhere to standard practices and strictly abides by statutory norms. Our Company ensures that FSSAI and ISO 9001:2015 and ISO 22000:2018 standards are followed.
  9. Manufacturing facility – Our Company’s manufacturing facilities is completely automated and enabled with soft touch technology to ensure the production of hygienic products with minimal human intervention to retain the nutrient content of the products.
  10. Ready to enter into Full Kitchen Essentials – We are is expanding its current manufacturing facility in Deevattipatti, Salem to enter in to the segment of kitchen essentials.

Also Read: Aeron Composite IPO

Jeyyam Global Foods Company Contact Details

First, 8-1502 Shop No 3, Seeri Complex, APMC Yard, Raith Bhavan, Kalaburagi,
Karnataka – 585104
Contact Person: Amit Agarwal
Contact Number: 044 – 45054101, 044 – 28351835, +91-9003402000
Email ID: info@jeyyamfoods.in
Investor Grievance ID: investor@jeyyamfoods.in
Website: www.jeyyamfoods.com

Jeyyam Global Foods Lead Manager

Corpwis Advisors Private Limited
G-07, Ground Floor, The Summit Business Park, Andheri
Kurla Road, Behind Guru Nanak Petrol Pump, Andheri East,
Chakala MIDC, Mumbai, Maharashtra – 400093
Tel. No.: +91 – 22 – 4972 9990
Email ID: ipo@corpwis.com
Investor Grievance Email ID: investors@corpwis.com
Contact Person: Mr. Vishal Kumar Garg
Website: www.corpwis.co

Jeyyam Global Foods IPO Registrar

Kfin Technologies Limited
Selenium Tower B, Plot No.31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad-500032, Telangana, India
Tel. No.: 18003094001
E-mail ID: jgfl.ipo@kfintech.com
Investor Grievance Email ID: einward.ris@kfintech.com
Contact person: Mr. M.Murali Krishna
Website: www.kfintech.comm

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