IPO : Jeyyam Global Foods Limited
Jeyyam Global Foods Limited IPO
| SYMBOL | JEYYAM |
| ISSUE TYPE | Book Built Issue IPO |
| ISSUE OPENS ON | Monday, September 2, 2024 |
| ISSUE CLOSES ON | Wednesday, September 4, 2024 |
| ISSUE PRICE | ₹59 to ₹61 per share |
| ISSUE SIZE | Up to Rs.81.94 Crores |
| FACE VALUE | Rs.5 per share |
Jeyyam Global Foods IPO is a book built issue of Rs 81.94 crores. The issue is a combination of fresh issue of 120.89 lakh shares aggregating to Rs 73.74 crores and offer for sale of 13.43 lakh shares aggregating to Rs 8.19 crores.
Thank you for reading this post, don't forget to subscribe!Jeyyam Global Foods IPO opens for subscription on September 2, 2024 and closes on September 4, 2024. The allotment for the Jeyyam Global Foods IPO is expected to be finalized on Thursday, September 5, 2024. Jeyyam Global Foods IPO will list on NSE SME with tentative listing date fixed as Monday, September 9, 2024.
| MINIMUM BID | 2000 shares |
| MINIMUM AMOUNT | Rs.122,000 |
| MAXIMUM BID | 2000 shares |
| MAXIMUM AMOUNT | Rs.122,000 |
| LISTING DATE | Monday, September 9, 2024 |
| LISTING AT | NSE-SME |
Jeyyam Global Foods IPO price band is set at ₹59 to ₹61 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹122,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹244,000.
Objects of the Issue (Jeyyam Global Foods IPO Objectives)
The company proposes to utilize the funds towards the funding of the following objectives:
- Working Capital Requirements
- Capital Expenditures
- General Corporate Purposes
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