Jay Ambe Supermarkets Ltd
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cs@citysquaremart.com Website:www.citysquaremart.com
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Initial public issue of 23,64,800 equity shares of face value of
Rs. 10/- each of Jay Ambe Supermarkets Limited ("Jasl") or the "company" or the "issuer") for cash at a price of Rs. 78.00 per equity share including a share premium of Rs. 68.00/- per equity share (the "issue price") aggregating to Rs. 18.45 crores ("the issue"), of which 1,18,400 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 78.00/- per equity share including a share premium of Rs. 68.00/- per equity share aggregating to Rs.0.92 crores will be reserved for subscription by market maker to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. net issue of 22,46,400 equity shares of face value of Rs. 10/- each at a price of Rs. 78.00/- per equity share including a share premium of Rs. 68.00/- per equity share aggregating to Rs. 17.52 crores is herein after referred to as the "net issue". The issue and the net issue will constitute 26.63% and 25.30%, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is ? 10/- each.
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Jay Ambe Supermarkets Ltd
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Rs Cr |
Lead Managers to the Issue |
16.13 |
Beeline Capital Advisory Pvt Ltd |
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18.45 |
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8.88 |
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Rs.
78.00
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Projects |
Purchase of existing store of the company located at Nana Chiloda, Ahmedabad ("Acquisition of Identified Store")
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Purchase of fit-outs for three (3) new stores
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To Meet working capital requirements
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General corporate purposes
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Jignesh Amratbhai Patel |
Harshal Daxeshkumar Patel |
Bhikhabhai Shivdas Patel |
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