loader
Jeyyam Global Foods Limited
Issue Size (Net)
up to Rs.81.94 Cr
Price Band
Rs.59 to Rs.61 per share
Issue Opens
September 2, 2024
Issue Closes
September 4, 2024

Company Highlights

1.Company Information

Established in 2008, Jeyyam Global Foods Limited, formerly known as Kichoni Online Services Private Limited, produces and/or processes Bengali chickpeas (locally known as ‘chana'), Fried Gram, and Besan Flour and supplies these to a variety of markets such as distributors, large retailers, hotels, restaurants, caterers, branded supermarkets and wholesalers. The company has obtained an FSSAI license for its two factory locations Ammalamudugu and Devattipatti and ensures that ISO 9001:2015 and ISO 22000:2018 standards are maintained at both factory locations and has obtained ISO certification for the Salem factory. Jeyyam's product portfolio includes: Jeyyam fried gram (split), Jeyyam fried gram (whole), Standard fried gram (split) and Standard fried gram (whole) Jeyyam gram flour Leader gram flour and Ponni gram flour As of March 31, 2024, the company had 155 permanent employees.

2. Objects of the Issue

1. Chana focused Manufacturing
Our Company specializes in manufacturing and/or processing Bengal Gram, Fried Gram, and Besan flour with its significant Research and Development on processing. Our company does not have a major competitor focused solely on Chana-related products.
2. Distribution Channel
our Company is engaged in sale of its products through wholesalers as well as certain portion through retail sales. Jeyyam is looking forward to expand its sales through various other channels export sales.
3. Experienced Team
Our Company has experienced management. Undertakes the production process with the latest manufacturing facilities. Has skilled procurement and supply chain team. Wide range of Customers in B2B segment
4. Wide range of Customers in B2B segment
Our Costomoers in B2B Segement include, supermarkets, wholesalers, retailers, restaurants, hotel, caterers, institutions, importers.
5. Advanced Technologies
Our Company undertakes manufacturing using the advance technologies.
6. Customer relationships
Our Company has a strong customer relationship sales team that ensures smooth operations and its commitment to offering quality products.
7. Research & Development
Our Company is undertaking the research and development of the various products to enable us to be ready for entry into the full kitchen essentials in the B2C segment.
8. Value proposition
Our Company specialises in the production in Chana and related products. Our Company has made substantial investment in the research and development in the kitchen essential products. Our company has also launched a pivot project to sell certain researched products in B2C segment to ascertain the market acceptance and demand for the said products.
9. Premium Quality
Our “Jeyyam” brand is known best for its quality. The brand has earned the trust, and loyalty of its distributors, retailers, and customers solely for its quality through complete transparency. We adhere to standard practices and strictly abides by statutory norms. Our Company ensures that FSSAI and ISO 9001:2015 and ISO 22000:2018 standards are followed.
10. Manufacturing facility
Our Company’s manufacturing facilities is completely automated and enabled with soft touch technology to ensure the production of hygienic products with minimal human intervention to retain the nutrient content of the products.
11. Customer relationships
Our Company has a strong customer relationship sales team that ensures smooth operations and its commitment to offering quality products.
12. Ready to enter into Full Kitchen Essentials
Our Company is also continuously engaged in undertaking research and development and enter into the B2C business of soya, vermicelli, spices and masala, ready to cook and ready to eat foods, salt and sugar, among others. We are is expanding its current manufacturing facility in Deevattipatti, Salem to enter in to the segment of kitchen essentials.

3. Jeyyam Global Foods IPO Registrar
Kfin Technologies Limited

Phone:04067162222, 04079611000

Email: jgfl.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/

Jeyyam Global Foods Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
19226.39
62983.42
1509.11
8022.42
6252.02
9620.5
31-Mar-23
16835.02
38220.62
786.8
6513.6
6452.26
9226.05
31-Mar-22
9941.17
25388.3
436.8
5726.51
5665.46
3319.3
Amount in Rs. Lakhs

Jeyyam Global Foods Limited IPO Details

Issue Opening Date
September 2, 2024
Issue Closing Date
September 4, 2024
Face Value
Rs.5 per share
Price
₹59 to ₹61 per share
Lot Size
2000 Shares
Issue Size
13,432,000 shares (aggregating up to Rs.81.94 Cr)
Fresh Issue
12,088,800 shares (aggregating up to Rs.73.74 Cr)
Offer for Sale
1,343,200 shares (aggregating up to Rs.8.19 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

Jeyyam Global Foods Limited IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Monday, September 2, 2024
Closing Date
Wednesday, September 4, 2024
Basis of Allotment
Thursday, September 5, 2024
Initiation of Refunds
Friday, September 6, 2024
Credit of Shares to Demat
Friday, September 6, 2024
Listing Date
Monday, September 9, 2024
Cut-off time for UPI mandate confirmation
5 PM on September 4, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
Follow Us

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


* Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.


© 2022 RR Investors Capital Services Pvt. Ltd | All Rights Reserved.