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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 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 Date | Aug 7, 2017 to Aug 11, 2017 |
| Ashok Masala IPO Face Value | ₹10 per share |
| Ashok Masala IPO Price | ₹10 per share |
| Ashok Masala IPO Lot Size | 10000 Shares |
| Issue Size | 2,010,000 shares of ₹10 (aggregating up to ₹2.01 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | The Promoters of the company are: 1. Ashok Shivji Chothani |
The Ashok Masala IPO lot size is 10000 shares. A retail-individual investor can apply for up to 2 lots (20000 shares or ₹200,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹100,000 |
| Retail (Max) | 2 | 20000 | ₹200,000 |
Risk savvy cash surplus investors may consider long term investment in this at par issue. Read detail review...
The Ashok Masala IPO is subscribed times on Aug 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)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| Total |
| Listing Date | Tuesday, August 22, 2017 |
| BSE Script Code | 540681 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE344X01016 |
| IPO Price | ₹10 per share |
| Face Value | ₹10 per share |
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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
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward@karvy.com
Website: https://karisma.kfintech.com/
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 Aug 7, 2017, and closes on Aug 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 Aug 7, 2017 and closes on Aug 11, 2017.
Ashok Masala IPO lot size is 10000 Shares and the minimum order quantity is .
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.
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.
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