
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
Overall Subscription
119.52x
Total Demand
QIB Multiplier
54.62x
Institutions & Funds
NII / HNI
322.17x
High Net-Worth
Retail (RII)
70.51x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,604,000 | 142,230,000 | 54.62x |
| NIB | 1,914,000 | 616,640,000 | 322.17x |
| RETAIL | 4,466,000 | 314,908,000 | 70.51x |
| Total | 8,984,000 | 1,073,778,000 | 119.52x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 2,351 | 165,769 | 70.51x |
| HNIs (10L +) | 15 | 4,833 | 322.17x |
| HNIs (2-10L) | 72 | 23,196 | 322.17x |
| Total Applications | 2,438 | 193,798 | 79.49x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
The latest Grey Market Premium (GMP) for Jeyyam Global Foods Limited IPO is ₹24 per equity share. Based on the upper price band of ₹59 to ₹61 per equity share, the estimated listing price is ₹85 (+39.3% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹24, the expected profit per application lot is approx ₹48,000 (+39.3% gain). Minimum application cost is approx ₹1,22,000.
The Jeyyam Global Foods Limited IPO aggregate issue size is ₹81.94 Crores with an equity price band set at ₹59 to ₹61 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,22,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 119.52x (Retail: 70.51x, QIB: 54.62x, NII: 322.17x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-05. Investors can verify status using PAN card or application number.
Jeyyam Global Foods Limited shares are scheduled to list on NSE on 2024-09-09.