Jeyyam Global Foods Limited IPO GMP

Jeyyam Global Foods- a brand with a legacy spanning over 40 years in the Chana industry. Their experience in setting up and operating one of Asia's largest chana product manufacturing units has helped them understand & build a thriving supply chain ecosystem.

Jeyyam, an Book Built Issue amounting to ₹81.93 Crores, consisting entirely an Fresh Issue of 120.8 Lakh Shares. The subscription period for the Jeyyam IPO opens on September 02, 2024, and closes on September 04, 2024. The allotment is expected to be finalized on or about Thursday, September 5, 2024, and the shares will be listed on the NSE SME with a tentative listing date set on or about Monday, September 9, 2024.

The Share price band of Jeyyam IPO is set at ₹59 to ₹61 equity per share, with a minimum lot size of 2,000 shares. Retail investors are required to invest a minimum of ₹122,000, while the minimum investment for High-Net-Worth Individuals (HNIs) is 2 lots (4,000 shares), amounting to ₹244,000.

CORPWIS ADVISORS PRIVATE LIMITED is the book-running lead manager, KFIN TECHNOLOGIES LIMITED is the registrar for the Issue. NNM Securities Private Limited will act as the Market Maker for the Jeyyam Global Foods IPO.

Jeyyam Global Foods Limited IPO GMP Today
The Grey Market Premium of Jeyyam Global Foods Limited IPO is expected in the range of ₹34 to ₹37 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Jeyyam Global Foods Limited IPO Live Subscription Status Today
As of 06:00 PM on 04 September 2024, the Jeyyam Global Foods Limited IPO live subscription status shows that the IPO subscribed 111.17 times on its Last day of subscription period. Check the Jeyyam Global Foods Limited IPO Live Subscription Status Today at NSE.

Jeyyam Global Foods Limited IPO Allotment Status
Jeyyam IPO allotment date is 5th September, 2024, Thursday. Jeyyam IPO Allotment will be out on 5th August 2024 and will be live on Registrar Website from the allotment date. Check Jeyyam Global Foods Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Jeyyam Global Foods Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Jeyyam Global Foods Limited IPO
Jeyyam Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹3,500 Lakhs is required for Funding of Working Capital 
2. ₹1,900 Lakhs is required for Capital Expenditures 
3. General Corporate Purposes

Refer to Jeyyam Global Foods Limited RHP for more details about the Company.