Ashok Masala IPO – Date, Prospectus, Allotment, Listing, Reviews & Status

Ashok Masala IPO: The Ashok Masala Mart Ltd Incorporated in the year 1975 in Mumbai (India), Ashok masala mart is a renowned name, engaged in the manufacturing, exporting and supplying of Blended Spices, Whole spices and Grinded spices. We have been supplying the traditional and delectable range of spices. In this article you may find complete information about Ashok Masala IPO…check more details from below….

Ashok Masala Mart Ltd – sell their products under the two brand names “APPU MASALA” & “GAYATRI MASALA“. They produce more than 30 types of Spices and Masalas. With 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 the brand ASHOK Masala Mart has achieved its significant position in the Consumer Market across India. To maintain highest standards of quality of the spices, we make sure quality ingredients are used in the preparation process. These ingredients are thoroughly tested on purity, quality and rich taste by the quality controllers They have two brands APPU MASALA & GAYATRI MASALA

Brief Details of IPO

TypeSingle Bid
Floor Price10
Min. Investment Value (Rs.)100000
Max. Investment Value (Rs.)200000
Lot Size10000
Tick Size1
Issue Date07/08/2017-11/08/2017
CutOff Time16:00:00

Ashok Masala IPO Listing

The Equity Shares of Ashok Masala Mart Ltd Company offered through this Prospectus are proposed to be listed on the SME Platform of BSE Limited (“BSE SME”). Ashok Masala Mart Ltd has received in-principle approval letter dated 6th July, 2017 from BSE for using its name in this offer document for listing of our shares on the SME Platform of BSE. For the purpose of this Issue, SME Platform of the BSE shall be the designated Stock Exchange.

Ashok Masala Mart Company Promoters:

The Promoters of the company are:

1. Ashok Shivji Chothani
2. Neeraj Ashok Chothani
3. Sunil Shivji Chothani

Objects of this IPO Issue:

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 Mart Ltd IPO Details

Issue Open Date07 Aug 2017
Issue Close Date11 Aug 2017
Price Range10-0
Issue Size (Rs. in Cr.)2.01 (2,010,000 Equity Shares @ Rs 10)
Issue TypeFixed Price Issue IPO
Face ValueRs 10 Per Equity Share
Issue PriceRs 10 Per Equity Share
Market Lot10000 Shares
Minimum Order Quantity10000 Shares
Listing AtBSE SME

Ashok Masala IPO Issue Terms

Issue price / Floor Price (Rs)10
Application per share (Rs)10.00
Minimum investment amount (Rs)100,000.00
Minimum bid (no of shares)10000
Maximum Shares for Retail10000

Ashok Masala IPO Date and Size

Issue opens07-Aug-17
Issue closes11-Aug-17
Listing onBSE SME
Issue size (Rs cr)2.01
Mkt cap at issue price (Rs cr)N.A.

Ashok Masala IPO Lead Managers and Registrar

Navigant Corporate Advisors
RegistrarKarvy Computershare Pvt Ltd

Ashok Masala Financial Information

FinancialsAmount (Crore)
No of monthsN.A.
Net profit / (loss)N.A.

Contact Information

Address 184/188 Mandvi Chamber Hazrat, Abbas Road Samuel st. Chinchb. , Mumbai , Maharashtra , India Pin code : 400009

Tel – 91-22-23446871/23465315
Email –
Website –

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