{"id":40322,"date":"2025-06-24T11:38:05","date_gmt":"2025-06-24T06:08:05","guid":{"rendered":"https:\/\/delhinewswatch.com\/index.php\/2025\/06\/24\/jay-ambe-supermarkets-limited-receives-in-principle-listing-approal-from-bse-sme-platform\/"},"modified":"2025-06-24T11:38:05","modified_gmt":"2025-06-24T06:08:05","slug":"jay-ambe-supermarkets-limited-receives-in-principle-listing-approal-from-bse-sme-platform","status":"publish","type":"post","link":"https:\/\/delhinewswatch.com\/index.php\/2025\/06\/24\/jay-ambe-supermarkets-limited-receives-in-principle-listing-approal-from-bse-sme-platform\/","title":{"rendered":"Jay Ambe Supermarkets Limited Receives In-Principle Listing Approal From BSE SME Platform"},"content":{"rendered":"
\n

New Delhi [India], June 23: <\/strong>The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Jay Ambe Supermarkets Limited. The company plans to issue Up to 23,64,800 Equity Shares with a face value of \u20b9 10 each in the forthcoming IPO.<\/p>\n

\u00a0IPO objectives:<\/u><\/strong><\/p>\n

The Issue Proceeds from the Fresh Issue will be utilized towards the following objects:<\/p>\n

    \n
  1. To Purchase of existing store of the company located at Nana Chiloda, Ahmedabad (\u201cAcquisition of Identified Store\u201d)<\/li>\n<\/ol>\n

    2) To Purchase of fit-outs for Three (3) new stores<\/p>\n

    3) To meet the company\u2019s working capital requirements<\/p>\n

    4) General Corporate purposes<\/p>\n

    The Book Running Lead Manager for the issue is Beeline Capital Advisors Private Limited and MUFG Intime India Private Limited is the Registrar to the Issue.<\/p>\n

    About Jay Ambe Supermarkets Limited<\/u><\/strong><\/p>\n

    Jay Ambe Supermarkets Limited (JASL) was\u00a0incorporated on November 23, 2020, and converted into the public limited on 25th<\/sup>\u00a0February, 2025\u00a0having its registered office at Kudasan, Gandhinagar, and Gujarat, India.\u00a0The company is engaged in the business of trading of FMCG (Fast-Moving Consumer Goods), Groceries, GMCD (General Merchandise, Consumer Durables), Fruits & Vegetables, Garments & Footwear, Toys, Gift Articles, and other House Hold items, through their 15 outlets across Gujarat. The Company is carrying on its business through retail marts via franchise model as well.<\/p>\n

    CITY SQUARE MART, a brand under our company Jay Ambe Supermarkets Limited, began its journey in August 2018 with 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 19 years of national as well as international experience in the multi-brand retail business, CITY SQUARE MART has grown rapidly with a current footprint of Over 93,000 square feet of retail space and 15 stores in Gujarat.<\/p>\n

    The company is committed to promote the supermarket trend with the objective of enhancing the retail shopping experience for all customer segments. By delivering best-in-class service, a wide product range, and fair prices, the company not only seeks to improve living standards but also emphasizes the importance of customer satisfaction over mere profit.<\/p>\n

    For the period ended\u00a0March 31, 2024, The Company reported revenue of \u20b9 3,338.68 Lakhs, EBITDA of \u20b9\u00a0316.08\u00a0Lakhs and PAT of \u20b9 154.89Lakhs.<\/p>\n

    For the period ended 30th<\/sup>\u00a0September, 2024 the company reported Revenue of\u00a0\u20b9 1,822.64 Lakhs, EBITDA of \u20b9 228.02 Lakhs and PAT of \u20b9 127.37 Lakhs.<\/p>\n

    If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    New Delhi [India], June 23: The Bombay Stock Exchange (BSE) has approved the Draft Red Herring Prospectus of Jay Ambe Supermarkets Limited. The company plans to issue Up to 23,64,800 Equity Shares with a face value of \u20b9 10 each in the forthcoming IPO. \u00a0IPO objectives: The Issue Proceeds from the Fresh Issue will be […]<\/p>\n","protected":false},"author":1,"featured_media":40323,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[628],"class_list":["post-40322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/40322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/comments?post=40322"}],"version-history":[{"count":0,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/posts\/40322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media\/40323"}],"wp:attachment":[{"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/media?parent=40322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/categories?post=40322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/delhinewswatch.com\/index.php\/wp-json\/wp\/v2\/tags?post=40322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}