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Open
7 Aug 2017
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Close
11 Aug 2017
3
Allotment
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Listing
Tue, Aug 22, 2017
Price Band
₹10 per share
Issue Size
20,10,000 shares (agg. up to ₹2 Cr)
Lot Size
10,000 Shares
Listing Date
Tue, Aug 22, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 11.03x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 4.71 | 2.46 | 3.47 |
| Total Income | 8.39 | 2.88 | 3.78 |
| Profit After Tax | 0.12 | 0.03 | 0.03 |
| NET Worth | 3.42 | 1.51 | 1.47 |
| Reserves and Surplus | 0.96 | 0.23 | 0.20 |
| Total Borrowing | 0.78 | 0.41 | 1.64 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Euro India Fresh Foods Ltd. | SME | ₹51.26 Cr | ₹78 | null | ₹89.85 | +15.19% | ₹319.90 (-2.04%) |
| Tanvi Foods (India) Ltd. | SME | ₹6.60 Cr | ₹60 | null | ₹60.25 | +0.42% | ₹55.86 (-5.00%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To part-finance the purchase of new corporate office and its interior expenses | 0.40 |
| 2 | To part-finance incremental working capital requirements | 0.80 |
| 3 | General Corporate Purpose | 0.50 |
About Ashok Masala Mart IPO
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.+ Read More
Contact Details
Ashok Masala Mart Ltd. Address184/188 Mandvi Chamber HazratAbbas Road Samuel streetKhoja Gully, ChinchbunderMumbai, Maharashtra, 400009+91-22-2344 687ashokmasalamart@gmail.comVisit Website