Ashok Masala Mart IPO

Ashok Masala Mart IPO

Ashok Masala Mart IPO

Ashok Masala Mart IPO

Ashok Masala Mart is presently engaged into manufacturing and supplying of blended spices, whole spices and grinded spices. The company has been supplying the traditional and delectable range of spices. It is committed to manufacture and supply different types of spices, meeting highest quality standards in line with customer requirements.

The company has two brands "APPU MASALA" & "GAYATRI MASALA" with more than 30 types of Spices and Masalas including instant mix range such as 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. It is positioned as professional and has built a reliable reputation within Maharashtra’s spices arena.

Promoters of Ashok Masala Mart – Ashok Shivji Chothani, Neeraj Ashok Chothani, Sunil Shivji Chothani and Bonne Volente Communications LLP

Ashok Masala Mart IPO details

Subscription Dates7 - 11 August 2017
IPO Price bandINR10 per share
Fresh issue 2,010,000 shares (INR2.01 crore)
Offer for sale Nil
Total IPO size2,010,000 shares (INR2.01 crore)
Minimum bid (lot size)10,000 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME platform

Ashok Masala Mart's financial performance (in INR lakh)

FY2014FY2015FY2016FY2017
Total revenue3.0378.4287.8838.7
Total expenses0.5368.5272.1807.1
Profit after tax1.33.33.512.1

Ashok Masala Mart Contact Details

Ashok Masala Mart Limited
184/188, Mandvi Chamber, Hazrat Abbas Road,
Samuel Street, Khoja Gully, Chinchbunder,
Mumbai - 400 009

Phone: +91 22 2344 6871
Email: [email protected]
Website: www.ashokmasalamartcom

Ashok Masala Mart IPO Subscription Details

Day

Subscription (no. of times)

Day 10.73
Day 21.30
Day 32.06
Day 44.72
Day 510.91

 

Ashok Masala Mart Valuation (latest FY)

Earnings Per Share (EPS): INR0.59

Price/Earnings (P/E) ratio: 16.95

Return on Net Worth (RONW): 3.55%

Net Asset Value (NAV): INR16.62 per share

Registrar of Ashok Masala Mart IPO

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana

Phone: +91 40 6716 2222 
Fax:
 +91 40 2343 1551 
Email:
[email protected]
Website: www.karvycomputershare.com

Ashok Masala Mart IPO Allotment Status

Ashok Masala Mart IPO allotment status will be available on Karvy Computershare’s website. Click on this link to get allotment status. You can also check allotment status using application number on this link.

LISTING PERFORMANCE OF Ashok Masala Mart IPO

IPO Opening Date: 7 August 2017

IPO Closing Date: 11 August 2017

Listing Date: To be updated

Listing Price on BSE SME: To be updated

Closing Price on BSE SME: To be updated

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