Jeyyam Global Foods Limited produces and processes Bengali chickpeas. The company plans to launch an initial public offering (IPO) to boost funds for its expansion plans. This blog post will provide an overview of the IPO, including its details, financials, highlights, and factors to consider before IPO investment.
Type of issue | Book built issue IPO |
Issue size | Rs 81.94 crore |
Fresh issue | Rs 73.74 crore |
Offer for sale | Rs 8.19 crore |
Offer period | September 2, 2024 - September 4, 2024 |
Basis of allotment | September 5, 2024 |
Initiation of refunds | September 6, 2024 |
Jeyyam Global Foods’ IPO date of listing | September 9, 2024 |
Jeyyam Global Foods IPO price band | Rs 59 - Rs 61 per share |
Credit of shares to demat | September 6, 2024 |
Minimum lot size | 1 lot (2000 shares) amounting to Rs 122,000 |
Jeyyam Global Foods Limited is a company focused on producing and processing Bengali chickpeas. They offer a range of products, including fried gram and besan flour. Jeyyam Global Foods Limited has a presence across India and exports its offerings.
Metric | Value |
Revenue growth (FY2023 vs FY2024) | 65% |
Profit After Tax (PAT) growth (FY2023 vs FY2024) | 92% |
Market capitalisation | Rs 289.73 Cr |
The decision to invest in Jeyyam Global Foods Limited's IPO should be based on your individual investment goals, risk tolerance, and overall portfolio diversification. Evaluate Jeyyam Global Foods Limited's growth prospects based on the company's business plan, market trends, and the overall pulse industry outlook. Moreover, consider the overall market conditions and investor sentiment towards the FMCG sector before making your investment decision.
Jeyyam Global Foods Limited's IPO gives an opportunity for investors to partake in the growth of a company operating in the Indian pulse market. However, it is important to conduct thorough research and consider the risks involved before making an investment decision.
You can apply for the Jeyyam Global Foods Limited IPO through your registered broker or online trading platform.
The lock-in period for IPO shares varies. Refer to the prospectus for specific Jeyyam Global Foods IPO details on the lock-in period.