Jeyyam Global Foods Limited, a company with over 15 years of experience in the food industry, recently opened its IPO subscription from September 2, 2024, to September 4, 2024. The IPO aims to raise approximately ₹81.94 crores, with a price band set between ₹59 to ₹61 per equity share. The minimum lot size is 2000 shares, requiring an investment of ₹122,000.
The company specializes in manufacturing and supplying Bengal Gram (Chana), Fried Gram, and Besan Flour. It is also expanding into the B2C segment with products like spices, masala, and ready-to-cook foods.
As of the latest updates, the Grey Market Premium (GMP) for Jeyyam Global Foods’ IPO is not showing any significant premium, standing at ₹0. This indicates that the IPO might not be in high demand in the grey market.
For those interested in applying for the IPO, allotment is scheduled for September 5, 2024, with listing on the NSE expected on September 9, 2024.
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