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.
The Promoters of the company are:
1. Ashok Shivji Chothani
2. Neeraj Ashok Chothani
3. Sunil Shivji Chothani
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 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
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||1,005,000||1,005,000||2,010,000|
|Day 1 - Aug 7, 2017 17:00 IST||0||-||-||-|
|Day 2 - Aug 8, 2017 17:00 IST||0||160,000||2,470,000||2,630,000|
|Day 3 - Aug 9, 2017 17:00 IST||0||190,000||3,950,000||4,140,000|
|Day 4 - Aug 10, 2017 17:00 IST||0||270,000||9,220,000||9,490,000|
|Day 5 - Aug 11, 2017 17:00 IST||0||1,380,000||20,560,000||21,940,000|
Vote Here ...
Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.
We can help you choosing the right broker. Contact us today...
Flat 20 Per Trade
Free Equity Delivery Trades
100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Leading Retail Broker in India
Rs 0 account opening fee on Demat Acct + 20% OFF on online trading
Request Instant Call Back
Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty