Ashok Masala Mart Limited IPO
♦ ISSUE PERIOD : 7-August-2017 to 11-August-2017
♦ PRICE: Rs 10
♦ Lot Size: 10000 Shares
♦ Issue Size: 2,010,000
♦ Listing at: BSE SME
Ashok masala mart was incorporated in the year 1975 in Mumbai (India). It is a renowned name, engaged in the manufacturing, exporting and supplying of Blended Spices, Whole spices and Grinded spices. They have been supplying the traditional and delectable range of spices.
Ashok masala mart is committed for manufacturer and supplier of different types of spices , meeting highest quality standards in line with customer requirements. Their mission is continuous improvement through sustained and Synchronized efforts to ensure effectiveness of their developing Quality Management System. To maintain highest standards of quality of the spices, they 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
Ashok masala mart has two brands "APPU MASALA" & "GAYATRI MASALA". 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.
OBJECTS OF THE 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.
PROMOTERS OF THE COMPANY:
1. Ashok Shivji Chothani
2. Neeraj Ashok Chothani
3. Sunil Shivji Chothani
Last updated on 11 Aug 2017 | 06:12:06 PM
|Total Issue Size||2010000|
|Total Bids Received||21940000|
|Total Bids Received at Cut-off Price||11390000|
|No. of times issue is subscribed||10.91|
|Issue Period||07 Aug 2017 to 11 Aug 2017|
|Post Issue Modification||12 Aug 2017|
|Issue Size (No. of Shares)||2010000|
|Minimum Bid Quantity||10000|
|Maximum Bid Quantity||1900000|
(will be updtaed after the issue is complete)
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