Jeyyam Global Foods SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the Jeyyam Global Foods IPO. Explore Jeyyam Global Foods IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
Jeyyam Global Foods Limited specializes in the manufacturing, processing, and supply of Bengal Gram (Chana), Fried Gram and Besan Flour. With over 15 years of experience in the food industry, the company caters to a wide variety of markets, including distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers. Jeyyam operates under the Jeyyam brand, known for its high-quality products and strict adherence to food safety standards. Jeyyam is also preparing to expand its product portfolio by entering the B2C market with spices, ready-to-cook and ready-to-eat foods, salt, sugar, soya, and vermicelli. With plans for national expansion and a deeper presence in the Chana value chain, Jeyyam is poised to become a leading brand in the Indian food sector.
Key Points:
- Established Industry Presence: Over 15 years of experience in manufacturing and processing food products, specializing in Bengal Gram (Chana), Fried Gram, and Besan Flour.
- Wide Market Reach: Supplies products to distributors, large retailers, hotels, restaurants, caterers, branded supermarkets, and wholesalers across India.
- Future Expansion Plans: Preparing to enter the B2C market with products like spices, ready-to-cook and ready-to-eat foods, salt, sugar, soya, and vermicelli.
- Supply Chain Integration: Operates a well-integrated supply chain with forward and backward integration, enhancing efficiency and value across the Chana value chain.
- Growth Strategy: Aims to become a pan-India Chana brand through continued innovation, market expansion, and deep expertise in the Chana industry.
- Geographical Footprint: Operates from key locations in Tamil Nadu with plans to enhance its presence and distribution network across India.
Objects of the Issue
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 02 Sep - 04 Sep 2024 |
| IPO Price Band | ₹59 - ₹61 per share |
| Fresh Issue | 1,20,88,800 shares (₹73.74 crore) |
| Offer For Sale | 13,43,200 shares (₹8.19 crore) |
| Total IPO Size | ₹81.94 crore |
| Face Value | ₹5 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 02 Sep 2024 |
| IPO Closing Date | 04 Sep 2024 |
| Basis Of Allotment | 05 Sep 2024 |
| Refunds | 06 Sep 2024 |
| Demat Transfer | 06 Sep 2024 |
| IPO Listing Date | 09 Sep 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| Total Income | 244.48 | 253.88 | 382.21 | 629.83 |
| Total Expenses | 239.80 | 248.07 | 371.73 | 609.82 |
| Net Profit/Loss | 3.47 | 4.37 | 7.87 | 15.09 |
| NPM (*) | 1.42 | 1.72 | 2.06 | 2.40 |
| Total Assets | 100.64 | 99.41 | 168.35 | 192.26 |
| Total Liabilities | 69.51 | 42.15 | 103.21 | 112.04 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | 31st March 2024 |
|---|---|---|---|---|
| EPS | 5.44 | 1.42 | 2.22 | 4.26 |
| ROE (%) | 11.14 | 7.63 | 12.08 | 18.81 |
| ROCE (%) | 14.93 | 13.36 | 15.22 | 26.27 |
| D/E Ratio | 1.74 | 0.58 | 1.42 | 1.20 |
| Current Ratio | 1.14 | 1.23 | 1.24 | 1.51 |
| EBITDA MARGIN (%) | 4.79 | 4.54 | 4.45 | 5.23 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| Jeyyam Global Foods Limited | 629.81 | 14.32 | 4.26 | 18.81 | 22.66 |
| Sameera Agro and Infra Limited | 182.14 | 9.80 | 9.00 | 11.64 | 77.36 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 54.62 |
| Non-Institutional Investor (NII/HNI) | 321.82 |
| Retail Individual Investor (RII) | 70.43 |
| Total | 119.41 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
KFin Technologies Limited
Phone: +91 40 6716 2222/ 18003094001
Email: einward.ris@kfintech.com
Website: www.kfintech.com
Company Promoters
- MR. SHRIPAL VEERAMCHAND SANGHVI
- MR. AMIT AGARWAL
- MRS. SUJATHAA MEHTA
- SHANTI GURU INDUSTRIES LIMITED
- MRS. SARIKA SSANGAVI
- M/S. SHRIPAL SANGHVI HUF
- M/S. MAHIPAL SANGHVI HUF
Lead Managers
- CORPWIS ADVISORS PRIVATE LIMITED
Company Address
Jeyyam Global Foods Limited
No.37 (Old No.19), Padmavathiyar Road, Gopalapuram, Chennai – 600 086
Phone: 044-4505 4101, 044-2835 1835, +91-90034 02000
Email: info@jeyyamfoods.in
Website: www.jeyyamfoods.com
FAQs
- What is the issue size of the Jeyyam Global Foods SME IPO?The Jeyyam Global Foods SME IPO has an issue size of ₹81.94 crore. This includes a fresh issue of 1,20,88,800 shares (₹73.74 crore) and an offer for sale (OFS) of 13,43,200 shares (₹8.19 crore).
- What is the price band of the Jeyyam Global Foods IPO?The price band for the Jeyyam Global Foods IPO is ₹59 - ₹61 per share.
- What are the bidding dates for the Jeyyam Global Foods IPO?The Jeyyam Global Foods IPO will open for bidding on 02 Sep 2024 and close on 04 Sep 2024.
- What is the allotment date for the Jeyyam Global Foods IPO?The allotment date for the Jeyyam Global Foods IPO is 05 Sep 2024.
- What is the listing date for the Jeyyam Global Foods IPO?The listing date for the Jeyyam Global Foods IPO is 09 Sep 2024.
- What is the Jeyyam Global Foods IPO grey market premium?The grey market premium (GMP) for the Jeyyam Global Foods IPO is currently at ₹24, with an expected listing gain of approximately 39.34%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.