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Jeyyam Global Foods Limited IPO

Jeyyam Global Foods Limited IPO

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Listed Price: ₹ 61.00 (+0.00%)

Jeyyam Global Foods Limited's achieved publicly listed status following its IPO debut on 09-09-2024 at the NSE platform. The offering successfully mobilized 1,34,32,000 Shares, with 1,14,16,800 Shares allocated to corporate growth initiatives and ₹8.19 Cr providing liquidity to existing shareholders.

Investment participation occurred within the established price band of ₹59 to ₹61, starting from minimum lots of 2000 shares. The subscription window from 02-09-2024 through 04-09-2024 enabled investor participation across market segments.

Share allocation was completed on 05-09-2024, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Jeyyam Global IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Jeyyam Global IPO Key Performance Indicator
Company Financials ( In Lakhs )

Jeyyam Global IPO About Company

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.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Jeyyam Global IPO Strength Factors

  1. Experienced Team, Smooth Operations: Jeyyam Global Foods has an experienced management team and skilled staff that handle procurement and supply chain efficiently, ensuring smooth production and delivery.
  2. Wide B2B Customer Network: The company serves various B2B clients like supermarkets, wholesalers, retailers, restaurants, hotels, caterers, institutions, and importers — showing its strong market reach.
  3. Modern Manufacturing Technology: Jeyyam Global Foods uses advanced technologies to improve product quality and boost operational efficiency.

Jeyyam Global IPO Risk Factors

  1. High Dependency on Core Products: The Company relies heavily on chana and related products, with these items constituting 72% - 98% of revenue over recent fiscal years. Any disruption in demand or quality issues could negatively affect the business.
  2. Regional Concentration: Jeyyam Global Foods' sales are concentrated in Tamil Nadu and Karnataka. Adverse developments in these regions could significantly impact the company's financial performance and operations.
  3. Customer Concentration: The Company depends on a few major customers for a significant portion of its revenue. Loss of any key customer could adversely affect financial results and overall business stability.

Jeyyam Global IPO Lead Manager(s)

  • Corpwis Advisors Private Limited

Jeyyam Global IPO Promoter(s)

  1. Mr. Shripal Veeramchand Sanghvi
  2. Mr. Amit Agarwal
  3. Mrs. Sujathaa Mehta
  4. Shanti Guru Industries Limited
  5. Mrs. Sarika Ssangavi
  6. M/s. Shripal Sanghvi HUF
  7. M/s. Mahipal Sanghvi HUF



Jeyyam Global IPO Company Details

Jeyyam Global Foods Limited
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Kfin Technologies Limited
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Jeyyam Global IPO FAQs