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.

Ashok Masala IPO Details

IPO Opening DateAug 7, 2017
IPO Closing DateAug 11, 2017
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹10 per equity share
Market Lot10000 Shares
Min Order Quantity10000 Shares
Listing AtBSE SME
Issue Size2,010,000 Eq Shares of ₹10
(aggregating up to ₹2.01 Cr)

Ashok Masala IPO Lot Size

The Ashok Masala IPO market lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum110000₹100,000
Maximum220000₹200,000

Ashok Masala IPO Subscription Status (Bidding Detail)

The Ashok Masala IPO is subscribed times on Aug 11, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

RII

Total

Ashok Masala IPO Prospectus

Ashok Masala IPO Rating

156
3.6
Rating:Rated 3.6 stars

Vote Here ...

Ashok Masala IPO Listing Date

Listing DateTuesday, August 22, 2017
BSE Script Code540681
NSE Symbol
Listing InM Group of Securities
ISININE344X01016
IPO Price₹10 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹10.00
₹9.50
₹9.50
₹9.50
₹9.50
10,000

Ashok Masala IPO Reviews / Ratings

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
Email: ashokmasalamart@gmail.com
Website: http://www.ashokmasalamart.com

Ashok Masala IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward@karvy.com
Website: https://karisma.kfintech.com/

Ashok Masala IPO FAQs

  1. What is Ashok Masala IPO?

    Ashok Masala IPO is a SME IPO of 2,010,000 equity shares of the face value of ₹10 aggregating up to ₹2.01 Crores. The issue is priced at ₹10 per equity share. The minimum order quantity is 10000 Shares.

    The IPO opens on Aug 7, 2017, and closes on Aug 11, 2017.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. When Ashok Masala IPO will open?

    The Ashok Masala IPO opens on Aug 7, 2017 and closes on Aug 11, 2017.

  3. What is the lot size of Ashok Masala IPO?

    Ashok Masala IPO lot size is 10000 Shares and the minimum order quantity is 10000 Shares.

  4. How to apply for Ashok Masala IPO?

    You can apply in Ashok Masala IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Ashok Masala IPO allotment?

    The finalization of Basis of Allotment for Ashok Masala IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Ashok Masala IPO allotment status.

  6. When is Ashok Masala IPO listing date?

    The Ashok Masala IPO listing date is on Tuesday, August 22, 2017.

Ashok Masala IPO Message Board

Ranked Members  Ranked Members

Loading...
38. VINAYERH |Aug 30, 2017 08:07
alloted 01/01 lot
37. TAPASYA MISHRA |Aug 28, 2017 15:45
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.
37.1. snp |Aug 28, 2017 16:52
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/
36. IPO super analyst |Aug 24, 2017 16:47
Top Contributor Top Contributor (400+ Posts, 400+ 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 :(
35. TSK |Aug 24, 2017 14:33
And...the QIB show starts...1.90 now
34. NEERAJ JHUNJHUNWALA |Aug 21, 2017 15:46
ashok masale gmp 3
34.1. Rahul katariya |Sep 19, 2017 16:22
How to know gmp of sme IPO ?? Plz reply
33. SATU |Aug 21, 2017 14:24
KUCH V ALLOT HOTA NAHI HAI. PURE MONEY VESTAGE


32. vikasdds |Aug 19, 2017 19:35
LISTING DATE 22/08/2017
32.1. k k sharma |Aug 20, 2017 09:07
vikas Ji, Thankyou for giving listing date.
31. vikasdds |Aug 19, 2017 19:36
MY TARGET 17 RS ASHOK MASALA MART WITH IN 4 DAYS
30. Ashwini |Aug 19, 2017 10:16
my money is unblocked. i got this message yesterday
29. dark |Aug 19, 2017 00:58
Ashok mashala Mart allotmant DT. & link batawo konshi link he
28. MB AHMEDABAD |Aug 18, 2017 12:40
Got message from Kotak bank about allotment.
27. JUGAL KISHORE SOMANI |Aug 17, 2017 14:41
Please confirm me the Ashok Masala Mart Listing Date.
26. Ashwini |Aug 16, 2017 13:11
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.
25. shashik |Aug 14, 2017 10:08
Allotment Date Plz??
24. Ashwini |Aug 12, 2017 22:41
When this is going to be listed
23. mrmultibagger |Aug 9, 2017 02:28
Looks pretty good to me, I may be biased because of eating ashok masala for years. Definitely buying
23.1. Chahal |Aug 9, 2017 15:58
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.
23.2. TOPS |Aug 12, 2017 18:09
IT WILL BE MULTIBAGGER AS FAR AS MASALA IS CONCERNED
SHAREHOLDER CAN EXPECT MASALA BOUNUS EVERY YEAR

22. master strock |Aug 11, 2017 15:26
Issue subscribed for more than 10Times. Good listing gains are expected.
21. STOCKT |Aug 10, 2017 16:33
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
20. STOCKT |Aug 10, 2017 16:33
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
19. STOCKT |Aug 9, 2017 12:48
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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