IPO Trending
CITYSQUARESME / BSEListed
Jay Ambe Supermarkets

Jay Ambe Supermarkets Limited, headquartered in Gujarat, India, is a fast-growing retail chain operator founded in 2020. Within a short span, the company has emerged as a strong player in the regional retail market by offering a wide range of products under one roof. Its growth is primarily driven by a franchise-based model that enables rapid expansion while maintaining brand consistency. The company’s flagship division, City Square Mart, which has been operational since 2018, forms the backbone of its retail presence with a well-established network of stores across Gujarat. Operating on a franchise model, the company grants franchisees the right to use its brand name and business systems, while generating revenue through a one-time entry fee and recurring annual licensing fees. This asset-light approach reduces capital expenditure for expansion and ensures a uniform shopping experience across outlets. The product portfolio of Jay Ambe Supermarkets spans multiple categories, including fast-moving consumer goods, groceries in both packed and loose varieties, household merchandise, consumer durables, luggage, home textiles, décor, fashion and apparel for all age groups, footwear, as well as lifestyle and gifting items such as toys, stationery, and imitation jewelry. From a single store in 2018, the company has grown to 17 stores across Gujarat in six years, supported by a workforce of 132 employees as of March 31, 2025, of which 115 are permanent and 17 are outsourced, primarily for security services. The upcoming IPO of Jay Ambe Supermarkets Limited aims to raise funds for specific objectives. These include the purchase of an existing company-owned store at Nana Chiloda, Ahmedabad for ₹4.25 crores, acquisition of fit-outs for three new stores amounting to ₹4.63 crores, allocation of ₹4.50 crores towards working capital requirements, and a portion set aside for general corporate purposes to provide flexibility for future needs.

₹74 - ₹7864.34x sub
Listed Price₹79.00
Listing Gain+1.28%

IPO Schedule & Timeline

Bookbuilding IPO
Open10 Sep 2025
Close12 Sep 2025
Allotment15 Sep 2025
Listing17 Sep 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor6,72,000 shares
28.42%
QIB4,49,600 shares
19.01%
HNI3,37,600 shares
14.28%
Retail7,87,200 shares
33.29%
Market Maker1,18,400 shares
5.01%

Minimum Application Lots

Retail2 Lots (3,200 shares)
₹2,49,600
sHNI3 Lots (4,800 shares)
₹3,74,400
bHNI9 Lots (14,400 shares)
₹11,23,200

Company Promoters

Jignesh Amratbhai PatelHarshal Daxeshkumar PatelBhikhabhai Shivdas PatelRutwijkumar Maganbhai Patel

Company Background

Jay Ambe Supermarkets Limited, headquartered in Gujarat, India, is a fast-growing retail chain operator founded in 2020. Within a short span, the company has emerged as a strong player in the regional retail market by offering a wide range of products under one roof. Its growth is primarily driven by a franchise-based model that enables rapid expansion while...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹47.4 Cr
Growth+45.0%
Revenue Trend (₹ in Crores)
0.018.236.354.5Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2547.402.7526.788.71
Mar-2433.411.5522.028.56
Mar-2332.690.3516.797.47

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-254.5026.07%24.12%18.4525.15
Mar-242.7029.10%21.34%00
Mar-230.6515.18%12.32%00

Peer Comparison & Valuation

Financial Performance

Osia Hyper Retail Limited

NAV/Share (₹)23.85
RONW(%)4.97
EPS (Basic) (₹)1.46

Jay Ambe Supermarkets Ltd

NAV/Share (₹)20.83
RONW(%)20.29
EPS (Basic) (₹)4.50

Valuation

Osia Hyper Retail Limited

P/E(X)17
CMP* (₹)24.82
Face value (₹)1

Jay Ambe Supermarkets Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd (MUFG)

Allotment Finalized
Allotment Date
15 Sep 2025
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd (MUFG)
Listing Date
17 Sep 2025

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd (MUFG)

Direct allotment verification on the official registrar portal appointed for Jay Ambe Supermarkets. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization15 Sep 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date17 Sep 2025Trading commences on exchange

How to Check Jay Ambe Supermarkets Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Jay Ambe Supermarkets from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Jay Ambe Supermarkets IPO

Complete issue overview for Jay Ambe Supermarkets (CITYSQUARE) IPO. The issue features an equity share price band of ₹74 – ₹78 per share with a minimum retail lot size of 1600 Shares (minimum application amount of ₹1,24,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions