Jeyyam Global Foods Ltd IPO

Jeyyam Global Foods INR 81.94 Cr IPO includes a fresh issue of 120.89 lakh shares for INR 73.74 Cr and an OFS of 13.43 lakh shares for INR 8.19 Cr to fund growth needs.

Important Details

Open Date : September 2, 2024 Close Date : September 4, 2024 Allotment Date: September 5, 2024 Listing Date: September 9, 2024

Important Details

IPO Price: INR 59-61 per share Lot Size: 2000 Shares Total Issue Size: INR 81.94 crores

Fundamental Analysis

Jeyyam Global Foods IPO shows mixed performance: 1. Revenue & profitability growing. 2. EPS on the rise. 3. Higher debt-equity ratio suggests financial strain. 4. Rising current ratio indicates liquidity challenges.

Peer Comparison

Jeyyam Global Foods : strong financials with high EPS, RoNW & effective asset management. Sameera Agro and Infra delivers: competitive returns but with slightly lower metrics.

Objective

Jeyyam Global Foods aims to fund working capital and capital expenditures to drive growth and support operations.

Risks And Challenges

Jeyyam Global Foods IPO Risks: 1. Reliance on key customers. 2. Geographic focus in Tamil Nadu & Karnataka. 3. Risks from changing consumer preferences, supply chain issues & regulations. 4. No major past issues.