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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 RHP for detailed information.
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 Size | 2,010,000 shares (aggregating up to ₹2.01 Cr) |
Issue Type | Fixed Price Issue IPO |
Listing At | BSE SME |
Share holding pre issue | 3,150,000 |
Share holding post issue | 5,160,000 |
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 Offered | 1,005,000 (50.00%) | |
Retail Shares Offered | 1,005,000 (50.00%) | |
Total Shares Offered | 2,010,000 (100%) |
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 |
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.
[Dilip Davda] 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 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)
Category | Subscription (times) |
---|---|
Other | |
Retail | |
Total |
Listing Date | August 22, 2017 |
BSE Script Code | 540681 |
NSE Symbol | |
ISIN | INE344X01016 |
Final Issue Price | ₹10 per share |
Price Details |
---|
Final Issue Price |
Open |
Low |
High |
Last Trade |
BSE SME |
---|
₹10.00 |
₹9.50 |
₹9.50 |
₹9.50 |
₹9.50 |
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://kosmic.kfintech.com/ipostatus/
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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.
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