CITY SQUARE MART, is an ultimate shopping destination! At CITY SQUARE MART, they’re on a mission to redefine your shopping experience—making it not only convenient and enjoyable but also budget-friendly. As our dedicated supermarket, they boast an extensive selection of products spanning FMCG, Groceries, General Merchandise and consumer Durables, Household, Home textiles, Garments, Footwear, Toys, Bed and bath, Travel and luggage, Home Decor, Handicrafts, Stationery and more, all under the CITY SQUARE MART roof.

The company have a experienced management team led by the board of directors, Key Managerial Personnel and Senior Management Personnel. They play a pivotal role in formulating business strategies, driving innovation, integrating systems, processed and technologies, diversification and expansion of business, and commitment to customer-focused approach. The Chairman and Managing Director Jignesh Amratbhai Patel has more than 19 years of experience in the global and national level supermarket chain business. 

The Revenues from operations for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 4,740.00 Lakhs, ₹ 3,341.29 Lakhs and ₹ 3,269.15 Lakhs. The EBITDA for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹ 503.32 Lakhs, ₹ 318.69 Lakhs and ₹ 124.52 Lakhs. The Profit after Tax for the Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹ 275.37 Lakhs, ₹ 154.89 Lakhs and ₹ 35.30 Lakhs respectively. This indicates a steady growth in financial performance.

The Company Key Performance Indicates the pre-issue EPS of ₹ 4.5 and post-issue EPS of ₹ 3.10 for FY24. The pre-issue P/E ratio is 17.33x, while the post-issue P/E ratio is 25.15x against the Industry P/E ratio is 17x. The company's ROCE for FY24 is 24.12%, ROE for FY24 is 26.07% and RoNW is 20.29%. These metrics suggest that the IPO is fully priced.

The Grey Market Premium (GMP) of Jay Ambe Supermarkets showing listing gains of 0.00 %.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Jay Ambe Supermarkets Limited IPO for Listing gain.

Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit our website abhayvarn.com

About the Author
CA Abhay Kumar (Also known as  CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.