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Issue Open Date
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10-Sep-25
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Issue Closing Date
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12-Sep-25
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Application Money
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100
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Allotment Money
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Price Band
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74
-
78
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Minimium Application No.
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3200
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Issue Size (Shares)
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1692800
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Market Lot
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1
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Objective
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1. Purchase of existing store of the company located at Nana Chiloda, Ahmedabad (“Acquisition of Identified Store”)2. Purchase of fit-outs for Three (3) new stores.3. To Meet Working Capital Requirements4. General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
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Non-Institutional Investors
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456000
|
37339200
|
81.8842105263158
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Qualified Institutional Buyers
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449600
|
7550400
|
16.7935943060498
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Retail Individual Investors
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787200
|
56403200
|
71.650406504065
|
|
|
|
Business Description
Our Company was originally incorporated as a private limited company under the name and style of Jay AmbeSupermarkets Private Limited under the provisions of the Companies Act, 2013, with Corporate Identification numberU74999GJ2020PTC118385 dated November 23, 2020, issued by the Central Registration Centre Manesar.On February 25, 2025 our company got converted into a public limited company, and the name of the Company waschanged to "Jay Ambe Supermarkets Limited" pursuant to a shareholders' resolution passed at an Extraordinary GeneralMeeting held on December 24, 2024. A fresh Certificate of Incorporation dated – having CIN U74999GJ2020PLC118385was issued by the Registrar of Companies, Central Registration Centre on behalf of jurisdictional ROC.City Square Mart, a brand under our company Jay Ambe Supermarkets Private Limited, began its journey in August 2018with its first store in Kudasan, Gandhinagar. In the initial six years itself, the company expanded to 15 stores across Gujarat,establishing itself as a fast-growing retail chain in the region. Under the leadership of Mr. Jignesh Patel, who has over 19years of experience in the multi-brand retail business, City Square Mart has grown rapidly with a current footprint of Over93,000 square feet of retail space and 15 stores in Gujarat.Jay Ambe Supermarkets Private Limited was founded and promoted by Mr. Jignesh Amratbhai Patel, Mr. RutwijkumarMaganbhai Patel, Mr. Bhikhabhai Shivdas Patel and Mr. Harshal Daxeshbhai Patel, with the object to carry on the businessof trading of FMCG material, grocery, Home Textile, Home Décor, Cloths, Apparels, Toys, Gift Articles, Footwear, otherhouse hold items, via supermarkets and its type and other related activity to fulfil the main object. The company iscommitted to promote the supermarket trend with the objective of enhancing the retail shopping experience for allcustomer segments. By delivering best-in-class service, a broad product range, and fair prices, the company not only seeksto improve living standards but also emphasizes the importance of customer satisfaction over mere profit.
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Promoter's Holding
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Total Share Capital
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4658547
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Offered to Public
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2364800
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Promoter's Holding (Pre-Issue)
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71.51
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Promoter's Holding (Post-Issue)
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Address |
A001 Shubh Vivid Por Kudasan Village- Kudasan
Gandhinagar,
Gujarat,
382421
Phone : 6358027675
Email : cs@citysquaremart.com
Website : www.citysquaremart.com
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Registrar |
MUFG Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at |
BSE
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Lead Manager |
Beeline Capital Advisors Pvt Ltd.
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Promoters |
Bhikhabhai Shivdas Patel Harshal Daxeshkumar Patel Jignesh Amratbhai Patel Rutwijkumar Maganbhai Patel
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