Jay Ambe Supermarkets IPO description – City Square Mart, a retail chain operated by Jay Ambe Supermarkets, has established a robust presence in Gujarat with 17 stores spanning over 96,876 sq. ft. The company operates 10 stores directly and 7 through franchise partnerships—2 under the FOCO (Franchise Owned, Company Operated) model in Bhuj and New Chandkheda, and 5 under the FOFO (Franchise Owned, Franchise Operated) model. The company’s franchise strategy blends capital efficiency with operational scalability.
Specializing in FMCG products, groceries, apparel, home textiles, toys, gift articles, and more, City Square Mart sources inventory from over 1,700 manufacturers and suppliers. Purchases are made directly from original manufacturers or authorized distributors, primarily through advance payments or cash-on-delivery terms, ensuring cost efficiency and reliable supply chains.
With no separate warehouse infrastructure, additional inventory is stored on-site in retail outlets. As of 31 March 2025, the company employs 132 individuals, including 115 permanent staff and 17 outsourced personnel.
Promoters of Jay Ambe Supermarkets – Jignesh Amratbhai Patel, Harshal Daxeshkumar Patel, Bhikhabhai Shivdas Patel, and Rutwijkumar Maganbhai Patel
Table of Contents
City Square Mart IPO Details
| City Square Mart IPO Dates | 10 – 12 September 2025 |
| Jay Ambe Supermarkets Issue Price | INR 74 – 78 per share |
| Fresh Issue | 23,64,800 shares (INR 17.50 – 18.45 crore) |
| Offer For Sale | Nil |
| Total IPO Size | 23,64,800 shares (INR 17.50 – 18.45 crore) |
| Minimum Bid | 3,200 shares (INR 2,49,600) |
| Lot Size | 1,600 shares (INR 1,24,800) |
| Face Value | INR 10 per share |
| Individual Allocation | 35% |
| Listing On | BSE SME |
Jay Ambe Supermarkets Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 32.69 | 33.39 | 47.35 |
| Expenses | 32.24 | 31.29 | 43.58 |
| Net income | 0.35 | 1.55 | 2.75 |
Jay Ambe Supermarkets Offer News
- Jay Ambe Supermarkets RHP
- Jay Ambe Supermarkets Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
Jay Ambe Supermarkets Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 0.65 | 2.70 | 4.50 |
| PE ratio | – | – | 16.44 – 17.33 |
| RONW (%) | 11.41 | 20.51 | 20.29 |
| NAV | 5.54 | 12.59 | 20.83 |
| ROCE (%) | 12.32 | 21.34 | 24.12 |
| EBITDA (%) | 3.80 | 9.47 | 10.53 |
| Debt/Equity | 2.41 | 1.13 | 0.64 |
Jay Ambe Supermarkets IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 16 September 2025 | 8 | – | 9,500 |
| 15 September 2025 | 8 | – | 9,500 |
| 13 September 2025 | 10 | – | 12,200 |
| 12 September 2025 | 9 | – | 11,000 |
| 11 September 2025 | 13 | – | 16,000 |
| 10 September 2025 | 12 | – | 14,500 |
| 9 September 2025 | 10 | – | 12,000 |
| 8 September 2025 | 10 | – | 12,000 |
Jay Ambe Supermarkets IPO Subscription – Live Updates
| Category | QIB | NII | Individual | Total |
|---|---|---|---|---|
| Shares Offered | 11,21,600 | 3,37,600 | 7,87,200 | 22,46,400 |
| 12 Sep 2025 | 6.73 | 110.60 | 71.65 | 45.09 |
| 11 Sep 2025 | 0.40 | 9.62 | 9.98 | 5.14 |
| 10 Sep 2025 | 0.00 | 3.71 | 1.79 | 1.19 |
The market maker reservation portion of 1,18,400 shares is not included in the above calculations.
Jay Ambe Supermarkets IPO Allotment Status
Jay Ambe Supermarkets IPO allotment status is now available on MUFG Intime’s website. Click on this link to get the allotment status.
City Square Mart IPO Dates & Listing Performance
| IPO Opening Date | 10 September 2025 |
| IPO Closing Date | 12 September 2025 |
| Finalization of Basis of Allotment | 15 September 2025 |
| Initiation of refunds | 16 September 2025 |
| Transfer of shares to demat accounts | 16 September 2025 |
| IPO Listing Date | 17 September 2025 |
| Opening Price on BSE SME | INR 79 per share (up 1.28%) |
| Closing Price on BSE SME | INR 82.95 per share (up 6.35%) |
Jay Ambe Supermarkets IPO Lead Manager
BEELINE CAPITAL ADVISORS PRIVATE LIMITED
B 1311-1314, Thirteenth Floor, Shilp Corporate Park,
Rajpath Rangoli Road, Thaltej,
Ahmedabad- 380054, Gujarat, India
Phone: 079 4918 5784
Email: [email protected]
Website: www.beelinemb.com
Jay Ambe Supermarkets Offer Registrar
MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com
Jay Ambe Supermarkets Contact Details
JAY AMBE SUPERMARKETS LIMITED
A001, Shubh Vivid, Por Kudasan, Village-
Kudasan, Gandhinagar, Gujarat-382421, India
Phone: +916358027675
E-mail: [email protected]
Website: www.citysquaremart.com
IPO FAQs
What is the Jay City Square Mart IPO size?
Jay Ambe Supermarkets’ offer size is INR 17.50 – 18.45 crores.
What is the Jay City Square Mart IPO price band?
Jay Ambe Supermarkets public offer price is INR 74 – 78 per share.
What is the lot size of the Jay Ambe Supermarkets IPO?
Jay Ambe Supermarkets offer lot size is 1,600 shares.
What is Jay Ambe Supermarkets IPO GMP today?
Jay Ambe Supermarkets IPO GMP today is INR 8 per share.
What is the City Square Mart kostak rate today?
City Square Mart kostak rate today is INR NA per application.
What is the Jay Ambe Supermarkets IPO Subject to Sauda rate today?
Jay Ambe Supermarkets Subject to Sauda rate today is INR 9,500 per application.