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Ashok Masala Mart Ltd IPO (Ashok Masala IPO) Detail

Aug 7, 2017 - Aug 11, 2017

Incorporated in 2014, Ashok Masala Mart Ltd is engaged in the manufacturing, exporting and supplying of Blended Spices, Whole spices and Grinded spices.

They sell their products under the two brand names "APPU MASALA" & "GAYATRI MASALA". They produce more than 30 types of Spices and Masalas like Pav Bhaji Masala, Chaat Masala, Tea Masala, Garam Masala, Sambhar Masala, Punjabi Chole Masala, Biryani/Pulav Masala, Kitchen King Masala and various Powders like Red Chilli Powder, Jeera Powder, White Pepper Powder, Turmeric Powder. They have in-house facility to execute all types of manufacturing activities such as cleaning, drying, grading, grinding, packaging, etc.

Company Promoters:

The Promoters of the company are:

1. Ashok Shivji Chothani
2. Neeraj Ashok Chothani
3. Sunil Shivji Chothani

Objects of the Issue:

The objects to the Issue are:

1. To Purchase the new corporate office and its interior expenses;
2. To part-finance incremental working capital requirements;
3. To meet the general corporate expenses;
4. To meet the expenses of the Issue.

Issue Detail:

  »»  Issue Open: Aug 7, 2017 - Aug 11, 2017
  »»  Issue Type: Fixed Price Issue IPO
  »»  Issue Size: 2,010,000 Equity Shares of Rs 10 aggregating up to Rs 2.01 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 10 Per Equity Share
  »»  Market Lot: 10000 Shares
  »»  Minimum Order Quantity: 10000 Shares
  »»  Listing At: BSE SME

Ashok Masala IPO Reviews:

  1. Ashok Masala Mart Ltd IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved01,005,0001,005,0002,010,000
Day 1 - Aug 7, 2017 17:00 IST0---
Day 2 - Aug 8, 2017 17:00 IST016000024700002630000
Day 3 - Aug 9, 2017 17:00 IST019000039500004140000
Day 4 - Aug 10, 2017 17:00 IST027000092200009490000
Day 5 - Aug 11, 2017 17:00 IST013800002056000021940000

Ashok Masala IPO Prospectus

Ashok Masala IPO Rating

156
3.6
Rating:Rated 3.6 stars

Vote Here ...

Ashok Masala IPO Listing Date

  •   ›  Listing Date: Tuesday, August 22, 2017
  •   ›  BSE Script Code: 540681
  •   ›  NSE Symbol:
  •   ›  Listing In: ‘M’ Group of Securities
  •   ›  ISIN: INE344X01016
  •   ›  Issue Price: Rs 10 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Ashok Masala IPO News Alerts

  1. Friday, August 11, 2017 12:00:00 AM
    Ashok Masala Mart Ltd IPO - Close
  2. Monday, August 7, 2017 12:00:00 AM
    Ashok Masala Mart Ltd IPO - Open

Company Contact Information

Ashok Masala Mart Ltd
184/188 Mandvi Chamber Hazrat,
Abbas Road Samuel street,
Khoja Gully, Chinchbunder, Mumbai - 400009,
Phone: +91-22-2344 687
Fax: +91 2346 5315
Email: ashokmasalamart@gmail.com
Website: http://www.ashokmasalamart.com

Ashok Masala IPO Registrar

Karvy Computershare Private Limited   »  Report
   Karvy House, 46, Avenue 4, Street No. 1,
   Banjara Hills, Hyderabad - 500 034
   Andhra Pradesh, India

Phone: +91-40-23312454
Fax: +91-40-23311968
Email: einward@karvy.com
Website: http://karisma.karvy.com

Ashok Masala IPO Lead Manager(s)

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Ashok Masala IPO Review / Comments

avatar
38. NEERAJ JHUNJHUNWALA  Aug 21, 2017 3:46:28 PM IST I Like It. | Report Abuse Reply
ashok masale gmp 3
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38.1. Rahul katariya  Sep 19, 2017 4:22:48 PM IST I Like It. | Report Abuse
How to know gmp of sme IPO ?? Plz reply
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37. VINAYERH  Aug 30, 2017 8:07:35 AM IST I Like It. | Report Abuse Reply
alloted 01/01 lot
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36. TAPASYA MISHRA  Aug 28, 2017 3:45:48 PM IST I Like It. 1 | Report Abuse Reply
ashok masala ipo ki listing kab aur kitne mein hogi..... any guesses, any expectations........ plz guyz , do reply. This is a discussion forum, all of u must reply.
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36.1. snp  Aug 28, 2017 4:52:52 PM IST I Like It. | Report Abuse
tapasya, ashok mashala has already been listed on 22 aug. you can see details on

http://www.bseindia.com/stock-share-price/ashok-masala-mart-ltd/amml/540681/
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35. IPO super analyst  Aug 24, 2017 4:47:30 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Retail ratio 8:1 approx
ITni mara mari karkey ek lot muskil sey allot hoo gaa..aur usmey agar listing discount me hua toi bahut bura lagega...kya boltey hoo bhai loog :(
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34. TSK  Aug 24, 2017 2:33:50 PM IST I Like It. | Report Abuse Reply
And...the QIB show starts...1.90 now
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33. SATU  Aug 21, 2017 2:24:22 PM IST I Like It. | Report Abuse Reply
KUCH V ALLOT HOTA NAHI HAI. PURE MONEY VESTAGE


avatar
32. vikasdds  Aug 19, 2017 7:35:06 PM IST I Like It. | Report Abuse Reply
LISTING DATE 22/08/2017
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32.1. k k sharma  Aug 20, 2017 9:07:35 AM IST I Like It. | Report Abuse
vikas Ji, Thankyou for giving listing date.
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31. vikasdds  Aug 19, 2017 7:36:02 PM IST I Like It. | Report Abuse Reply
MY TARGET 17 RS ASHOK MASALA MART WITH IN 4 DAYS
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30. Ashwini  Aug 19, 2017 10:16:24 AM IST I Like It. | Report Abuse Reply
my money is unblocked. i got this message yesterday
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29. dark  Aug 19, 2017 12:58:15 AM IST I Like It. | Report Abuse Reply
Ashok mashala Mart allotmant DT. & link batawo konshi link he
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28. MB AHMEDABAD  Aug 18, 2017 12:40:04 PM IST I Like It. 2 | Report Abuse Reply
Got message from Kotak bank about allotment.
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27. JUGAL KISHORE SOMANI  Aug 17, 2017 2:41:45 PM IST I Like It. | Report Abuse Reply
Please confirm me the Ashok Masala Mart Listing Date.
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26. Ashwini  Aug 16, 2017 1:11:59 PM IST I Like It. 1 | Report Abuse Reply
When this is going to be listed?
my money is still blocked.
there is no information any where about the allotment and listing. Anybody tell me.
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25. shashik  Aug 14, 2017 10:08:26 AM IST I Like It. 2 | Report Abuse Reply
Allotment Date Plz??
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24. Ashwini  Aug 12, 2017 10:41:34 PM IST I Like It. | Report Abuse Reply
When this is going to be listed
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23. mrmultibagger  Aug 9, 2017 2:28:56 AM IST I Like It. 3 | Report Abuse Reply
Looks pretty good to me, I may be biased because of eating ashok masala for years. Definitely buying
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23.1. Chahal  Aug 9, 2017 3:58:39 PM IST I Like It. | Report Abuse
The company is different from Ashok masale, which we used to see in market. This is Ashok masala mart, whose profit is only 3-12 lacs and sales is 5-6 crore only.
So it is sugguestable to be long term investor of renowned Co. However rumuour is there, the company will try to push price up-to 13-15 from 10 and then selling might come. So it may b possible to have short term gain.
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23.2. TOPS  Aug 12, 2017 6:09:22 PM IST I Like It. | Report Abuse
IT WILL BE MULTIBAGGER AS FAR AS MASALA IS CONCERNED
SHAREHOLDER CAN EXPECT MASALA BOUNUS EVERY YEAR

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22. master strock  Aug 11, 2017 3:26:51 PM IST I Like It. | Report Abuse Reply
Issue subscribed for more than 10Times. Good listing gains are expected.
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21. STOCKT  Aug 10, 2017 4:33:56 PM IST I Like It. | Report Abuse Reply
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
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20. STOCKT  Aug 10, 2017 4:33:55 PM IST I Like It. 1 | Report Abuse Reply
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
avatar
19. STOCKT  Aug 9, 2017 12:48:34 PM IST I Like It. 1 | Report Abuse Reply
Recent performance of newly listed sme is not good.better to stay away and not apply in any of them
Also none of them coming at attractive valuation
Stay away and u can always take a call post listing if need be
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