Jeyyam Global Foods Limited IPO: A Detailed Overview

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The Jeyyam Global Foods Limited IPO (Jeyyam Global Foods IPO) is a book-built issuance worth Rs 81.94 crore. The issuance consists of a fresh issue of 120.89 lakh shares totalling Rs 73.74 crores and an offer for sale of 13.43 lakh shares totalling Rs 8.19 crore.

Jeyyam Global Foods Limited IPO

Jeyyam Global Foods Limited is an Indian firm founded in 2008. Its operations began in September 2008. The company manufactures and sells food goods. Jeyyam has a strong supply chain and cutting-edge manufacturing facilities that specialise in producing products that satisfy the changing needs of customers.

Key Details:

  • Issue Size: Rs 81.94 crores
  • Price Band: Rs 59-61 per share
  • Minimum Order Quantity: 2000 Shares
  • Opening Date: September 2, 2024
  • Closing Date: September 4, 2024
  • Allotment Date: September 5, 2024
  • Listing Date: September 9, 2024
  • Registrar: Kfin Technologies Limited
  • Listing Exchange: NSE SME

Investment Highlights

  • Strong Growth Prospects: Jeyyam Global Foods Limited has had constant growth in recent years, owing to factors such as rising consumer demand for processed food items, expanded distribution networks, and successful product launches.
  • Experienced Management Team: The company is run by a group of seasoned individuals with a successful track record in the food industry. Their experience and strategic vision are likely to fuel future expansion and profitability.
  • Diversified Product Portfolio: Jeyyam Global Foods Limited’s diversified product range helps to mitigate risks and ensure a stable revenue stream.
  • Global Presence: The company’s overseas operations enable expansion and growth in new areas.

Key Risks

  • Competition: The food processing industry is highly competitive, with numerous players vying for market share. Jeyyam Global Foods Limited will need to maintain its competitive edge to sustain its growth.
  • Regulatory Changes: Changes in food safety regulations or import-export policies could impact the company’s operations.
  • Commodity Price Fluctuations: Fluctuations in the prices of raw materials can affect the company’s profitability.

Conclusion

Jeyyam Global Foods Limited’s initial public offering (IPO) is an excellent investment opportunity for individuals looking to participate in the growth of the food processing industry. With its solid foundation, skilled management, and global presence, the company is well-positioned to capitalise on the expanding demand for processed foods.

Note: This article is based on general information and does not constitute financial advice. Investors should consult with a financial advisor before making any investment decisions.

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