
Fast-Moving Consumer Goods (FMCG) · NSE
Founded in 2008 and formerly known as Kichoni Online Services Private Limited, Jeyyam Global Foods Limited specializes in producing and processing Bengali chickpeas (chana), fried gram, and besan flour, catering to a wide customer base that includes distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers. The company maintains strong quality standards, with its Ammalamudugu and Devattipatti factories holding FSSAI licenses and both units certified under ISO 9001:2015 and ISO 22000:2018, while its Salem facility also holds ISO certification. Jeyyam Global Foods offers a diverse product range, including Jeyyam fried gram (split and whole), Standard fried gram (split and whole), Jeyyam gram flour, Leader gram flour, and Ponni gram flour. As of March 31, 2024, the company employs 155 permanent staff, reinforcing its position as a key player in the Indian food processing industry.
Price Band
₹59 – ₹61
Issue Size
₹81.94 Cr
Lot Size
2000 shares
GMP
+39.3%
Est. Listing
₹85
at current GMP
Subscribed
119.52x
overall
Open
2 Sep 2024
Close
4 Sep 2024
Allotment
5 Sep 2024
Refund
6 Sep 2024
Demat Credit
7 Sep 2024
Listing
9 Sep 2024
Designated Registrar: Kfin Technologies Limited
Allotment Date
5 Sep 2024
Basis finalization
Refunds Initiate
6 Sep 2024
Mandate release
Demat Credit
7 Sep 2024
Shares in demat
Listing Debut
9 Sep 2024
Trading begins
Jeyyam Global Foods Limited is bringing an initial public offering (IPO) in the Fast-Moving Consumer Goods (FMCG) sector with an aggregate issue size of ₹81.94 Crores. The shares are offered at a price band of ₹59 to ₹61 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,22,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-09-07, while un-allotted funds or UPI block mandates will be released on 2024-09-06.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.