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Ashok Masala Mart Ltd IPO (Ashok Masala IPO) Detail

August 7, 2017 - August 11, 2017

Ashok Masala IPO is a fixed price issue of Rs 2.01 crores.

Ashok Masala IPO bidding started from August 7, 2017 and ended on August 11, 2017. The shares got listed on BSE SME on August 22, 2017.

Ashok Masala IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.

Navigant Corporate Advisors Ltd is the book running lead manager of the Ashok Masala IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Ashok Masala IPO DRHP for detailed information.

Ashok Masala IPO Details

IPO Date August 7, 2017 to August 11, 2017
Listing Date August 22, 2017
Face Value ₹10 per share
Price ₹10 per share
Lot Size 10000 Shares
Total Issue Size2,010,000 shares
(aggregating up to ₹2.01 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME

Ashok Masala IPO Reservation

Ashok Masala IPO offers 2,010,000 shares. 1,005,000 (50.00%) to NII, 1,005,000 (50.00%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered--
Other Shares Offered1,005,000 (50.00%)
Retail Shares Offered1,005,000 (50.00%)
Total Shares Offered2,010,000 (100%)

Ashok Masala IPO Lot Size

Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 10000 ₹100,000
Retail (Max) 2 20000 ₹200,000
Lot Size Calculator

About Ashok Masala Mart Ltd

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.

Objects of the Issue (Ashok Masala IPO Objectives)

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 Review (May apply)

[Dilip Davda]  Risk savvy cash surplus investors may consider long term investment in this at par issue. Read detail review...

Ashok Masala IPO Subscription Status (Bidding Detail)

The Ashok Masala IPO is subscribed times on August 11, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Ashok Masala IPO Prospectus

Ashok Masala IPO Rating

Rating:Rated 3.6 stars
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Ashok Masala IPO Listing Details

Listing Date August 22, 2017
BSE Script Code 540681
NSE Symbol
ISIN INE344X01016
Final Issue Price ₹10 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Ashok Masala Mart Ltd Contact Details

Ashok Masala Mart Ltd
184/188 Mandvi Chamber Hazrat,
Abbas Road Samuel street,
Khoja Gully, Chinchbunder, Mumbai - 400009,
Phone: +91-22-2344 687

Ashok Masala IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Ashok Masala IPO - Buy or Not

Ashok Masala IPO Recommendation Summary

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Members 0 0 0

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Ashok Masala IPO FAQs

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 share. The minimum order quantity is 10000 Shares.

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

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

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

Ashok Masala IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

Ranked Members of Forum  Ranked Members | Members with Most Likes



38. VINAYERH |   Link |  Bookmark |August 30, 2017 8:07:35 AM
alloted 01/01 lot
37. TAPASYA MISHRA |   Link |  Bookmark |August 28, 2017 3:45:48 PM
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 |   Link |  Bookmark |August 28, 2017 4:52:52 PM
tapasya, ashok mashala has already been listed on 22 aug. you can see details on
36. IPO super analyst |   Link |  Bookmark |August 24, 2017 4:47:30 PM
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 |   Link |  Bookmark |August 24, 2017 2:33:50 PM
And...the QIB show starts...1.90 now
34. NEERAJ JHUNJHUNWALA |   Link |  Bookmark |August 21, 2017 3:46:28 PM
ashok masale gmp 3
34.1. Rahul katariya |   Link |  Bookmark |September 19, 2017 4:22:48 PM
How to know gmp of sme IPO ?? Plz reply
33. SATU |   Link |  Bookmark |August 21, 2017 2:24:22 PM

32. vikasdds |   Link |  Bookmark |August 19, 2017 7:35:06 PM
LISTING DATE 22/08/2017
32.1. k k sharma |   Link |  Bookmark |August 20, 2017 9:07:35 AM
vikas Ji, Thankyou for giving listing date.
31. vikasdds |   Link |  Bookmark |August 19, 2017 7:36:02 PM
30. Ashwini |   Link |  Bookmark |August 19, 2017 10:16:24 AM
my money is unblocked. i got this message yesterday
29. dark |   Link |  Bookmark |August 19, 2017 12:58:15 AM
Ashok mashala Mart allotmant DT. & link batawo konshi link he
28. MB AHMEDABAD |   Link |  Bookmark |August 18, 2017 12:40:04 PM
Got message from Kotak bank about allotment.
27. JUGAL KISHORE SOMANI |   Link |  Bookmark |August 17, 2017 2:41:45 PM
Please confirm me the Ashok Masala Mart Listing Date.
26. Ashwini |   Link |  Bookmark |August 16, 2017 1:11:59 PM
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 |   Link |  Bookmark |August 14, 2017 10:08:26 AM
Allotment Date Plz??
24. Ashwini |   Link |  Bookmark |August 12, 2017 10:41:34 PM
When this is going to be listed
23. mrmultibagger |   Link |  Bookmark |August 9, 2017 2:28:56 AM
Looks pretty good to me, I may be biased because of eating ashok masala for years. Definitely buying
23.1. Chahal |   Link |  Bookmark |August 9, 2017 3:58:39 PM
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 |   Link |  Bookmark |August 12, 2017 6:09:22 PM

22. master strock |   Link |  Bookmark |August 11, 2017 3:26:51 PM
Issue subscribed for more than 10Times. Good listing gains are expected.
21. STOCKT |   Link |  Bookmark |August 10, 2017 4:33:56 PM
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
20. STOCKT |   Link |  Bookmark |August 10, 2017 4:33:55 PM
still people are applying in new sme.

sahi kahavat hai there are many greedy people around.
19. STOCKT |   Link |  Bookmark |August 9, 2017 12:48:34 PM
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