Jay Ambe Supermarkets IPO
UpcomingAlready have an account? Apply now
Schedule of Jay Ambe Supermarkets
| Issue open date | 10 Sep 2025 |
| Issue close date | 12 Sep 2025 |
| UPI mandate deadline | 12 Sep 2025 (5 PM) |
| Allotment finalization | 15 Sep 2025 |
| Refund initiation | 16 Sep 2025 |
| Share credit | 16 Sep 2025 |
| Listing date | 17 Sep 2025 |
| Mandate end date | 29 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 15 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 14 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Jay Ambe Supermarkets
Jay Ambe Supermarkets operates under the City Square Mart brand, established in August 2018. The company runs 17 stores across Gujarat and engages in trading FMCG products, grocery, home textiles, apparel, toys, footwear and household items through supermarkets. The company operates through franchise models, including FOCO and FOFO, allowing franchisees to operate under their brand in exchange for licensing fees and royalties.
Financials of Jay Ambe Supermarkets
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹18.45 crores |
| Fresh Issue | ₹18.45 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Purchase of existing store at Nana Chiloda, Ahmedabad | 4.25 (23.0%) |
| Purchase of fit-outs for 3 new stores | 4.63 (25.1%) |
| Working Capital Requirements | 4.50 (24.4%) |
| General Corporate Purposes and Miscellaneous | 5.07 (27.5%) |
Strengths
- Established presence in Gujarat with 17 stores across the state
- Diversified product portfolio across FMCG, grocery, textiles, and household items
- Franchise model providing scalable growth opportunities
- Strong financial performance with consistent revenue growth
- Experienced management team with industry expertise
Risks
- Geographic concentration risk with all stores located only in Gujarat
- Dependence on rental properties with many short-term lease agreements
- Significant working capital requirements affecting cash flows
- Inventory management challenges could impact operations
- Legal proceedings against the company involving regulatory matters
- Past statutory filing delays and tax compliance issues
Allotment Status for Jay Ambe Supermarkets
To check your allotment status – click here.