Jay Ambe Supermarkets Ltd (BSE SME)

Company Financials In Crores

Company Overview

Headquarters: Gujarat, India

Incorporated: 2020

Flagship Brand: City Square Mart (since 2018, Kudasan, Gandhinagar

Business Model: Franchise-based retail chain

One-time entry fee + recurring annual licensing fees

Asset-light, scalable expansion with consistent brand experience

Operations & Presence

Stores: Expanded from 1 to 17 outlets across Gujarat (2018–2025

Employees (Mar 31, 2025):

132 total (115 permanent, 17 outsourced)

Product Portfolio

FMCG: Food & non-food items

Groceries: Packed & loose

Household Goods: Durables, luggage, general merchandise

Home Products: Textiles & décor

Fashion & Apparel: Men, women, kids, footwear

Lifestyle & Gifting: Toys, stationery, imitation jewelry

IPO Objectives

₹4.25 Cr – Purchase of Nana Chiloda (Ahmedabad) store

₹4.63 Cr – Fit-outs for 3 new stores

₹4.50 Cr – Working capital requirements

Balance – General corporate purposes

Strength

Proven Franchise Model: A scalable and profitable business system that facilitates capital-efficient growth and wider market penetration.

Diverse Product Range: A one-stop-shop offering that enhances customer footfall, increases average transaction value, and fosters loyalty.

Robust Vendor Relationships: Strong ties with suppliers ensure consistent product availability, competitive pricing, and reliable quality

Weakness

Concentration – The company’s current presence is limited to Gujarat, and expansion into new geographies may expose it to operational and financial risks.

Leases – Dependence on rented/leased properties, many on short-term or irregular agreements, could disrupt operations if agreements are terminated or disputed.

Liquidity – Significant working capital requirements may strain cash flows and adversely affect the company’s financial performance and growth.