India, Sept. 9 -- Jay Ambe Supermarkets Ltd. has announced public offering of 2364800 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 68.00 per share. The gross proceeds of the issue are expected to be Rs 1,844.54 lakhs.
The company's initial public offer (IPO) will open on 10 September 2025 and is expected to close on 12 September 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 74.00-78.00 per share.
The IPO includes a fresh Issue of 2364800 Equity Shares of the Company at an price of Rs 78.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1600 shares with bids in multiples of 1600.
Jay Ambe Supermarkets Ltd. anticipates using the proceeds of th...