Jay Ambe Supermarkets IPO Subscription Status

On the last day of bidding (12 September 2025, till 5:00 PM), the Jay Ambe Supermarkets IPO was subscribed 64.13 times in total.

• QIB portion: 16.79×
• NII portion: 110.24×
• RII portion: 71.39×

The company received bids for 10,09,64,800 shares against the 15,74,400 shares on offer.

• Day 2: 7.26× subscription
• Day 1: 1.61×

About Jay Ambe Supermarkets

Jay Ambe Supermarkets Limited is a leading retailer engaged in trading a wide variety of consumer goods such as groceries, FMCG products, home textiles and décor, clothing, footwear, toys, gift items, and household essentials through its chain of supermarket stores.

The company also operates a franchise model, allowing others to open stores under its brand name in exchange for a one-time setup fee and an annual fee.

Its product range includes FMCG food and non-food items, packed and loose groceries, consumer durables, luggage, home textiles, men’s, women’s and kids’ garments, footwear, gift articles, toys, stationery, imitation jewellery, and more.

Jay Ambe’s flagship brand, City Square Mart, launched in August 2018 in Kudasan, Gandhinagar, and has grown to 17 stores across Gujarat in just six years.

Financial Highlights

• Revenue: ₹47.40 crore in FY 2025 vs ₹33.41 crore in FY 2024
• Profit: ₹2.75 crore in FY 2025 vs ₹1.55 crore in FY 2024

Grey Market Premium (GMP)

As of Friday, 12 September 2025, the Jay Ambe Supermarkets IPO carried a GMP of ₹8, suggesting a grey-market price of ₹86, an ₹8 premium over the ₹78 issue price.