JAY AMBE SUPERMARKETS LIMITED SME IPO Opens on 10th September, 2025

Posted By Anagha Sakpal,7 September2025

• Total Issue Size Issue of 23,64,800 Equity Shares aggregating up to ₹ 1,844.54 Lakhs
• Price Band– Rs.74/- to Rs.78/- Per Share
• Face Value – Rs. 10 Per Share
• Lot Size 1600 Equity Shares
• Listing on – BSE SME

MUMBAI : Jay Ambe Supermarkets Limited has announced its plan to go public with an Initial Public Offering (IPO) on 10^th September, 2025 to be listed on the BSE SME platform

About JAY AMBE SUPERMARKETS LIMITED

Company is engaged in the business of trading of FMCG Products, Grocery, Home Textile, Home Decor, Clothes or Apparels, Toys, Gift Articles, Footwear and House Hold items, via 17 supermarkets across Gujarat. City Square Mart is a brand owned by company Jay Ambe Supermarkets Limited. The Company carrying business of retail marts via franchisee model as well. The company started its journey in August 2018 with its first store in Kudasan, Gandhinagar and in 6 years the company expanded to 17 stores across Gujarat. Company has grown rapidly by delivering best-in-class service, a broad wide product range and fair prices; the company not only seeks to improve living standards but also emphasizes the importance of customer satisfaction over mere profit. Company is using ERP systems to maintain and improve operational efficiencies in procurement, sales and inventory management as well as other administrative functions. Company is also making other operational income via Franchisee fees, Listing & Display Charges and Royalty Income.

City Square Mart has a total 17 stores at present, 10 stores are owned and operated by the company while 7 stores are Franchisee Stores situated at Amin Marg (Rajkot), Bhuj, Mavdi (Rajkot), Mehsana, New Chandkheda and Ognaj. Among these 7 stores, the Bhuj and New Chandkheda follows the FOCO (Franchise Owned, Company Operated) model, while the remaining outlets are managed under the FOFO (Franchise Owned, Franchise Operated) model, reflecting the company’s diverse approach to business operations in the region.

Mr. Jignesh Patel, MD Jay Ambe Supermarkets Limited, said “We are delighted to announce our upcoming IPO on BSE SME Platform. We are committed to providing our customers quality products and exceptional services. As we continue to grow and expand our operations, we remain dedicated to our core value of Ethics, Empathy, Integrity, Transparency and Excellence”.

Objects of the Issue (Jay Ambe Supermarkets Limited IPO Objectives)

1. Purchase of existing store of the company located at Nana Chiloda, Ahmedabad (“Acquisition of Identified Store”)
2. Purchase of fit-outs for Three (3) new stores
3. To Meet Working Capital Requirements
4. General Corporate Purposes

Beeline Capital Advisors Private Limited is the Lead Manager to the Issue and MUFG Intime India Private Limited is the Registrar to the Issue.

Financials

Disclaimer: Jay Ambe Supermarkets Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the Prospectus with the Registrar of Companies, on 02 September, 2025 and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of SME BSE at https://www.bsesme.com/PublicIssues/RHP.aspx. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled “Risk Factors” on page 31 of the Prospectus.

 The Equity Shares have not been, and will not be, registered under the U.S. Securities Act 1933, as amended (the “Securities Act”) or any state securities laws in the United States and may not be offered or sold within the United States or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S under the Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Accordingly, the Equity Shares will be offered and sold outside the United States in compliance with Regulation S of the Securities Act and the applicable laws of the jurisdiction where those offers and sales occur. The Equity Shares have not been, and will not be, registered, listed or otherwise qualified in any other jurisdiction outside India and may not be offered or sold, and Bids may not be made by persons in any such jurisdiction, except in compliance with the applicable laws of such jurisdiction.

 Further, each Applicant where required agrees that such Applicant will not sell or transfer any Equity Shares or create any economic interest therein, including any off-shore derivative instruments, such as participatory notes, issued against the Equity Shares or any similar security, other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable laws and legislations in each jurisdiction, including India.