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Ashok Masala Mart Ltd - SME IPO
Company Profile:
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.
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Ashok Masala Mart Ltd - SME IPO |
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| Issue Open |
Aug 07, 2017 - Aug 11, 2017. |
| Issue Price | Rs.10 Per Equity Share |
| Market Lot | 10000 Shares |
| Minimum Order Quantity | 10000 Shares |
| Issue Size | 2,010,000 Equity Shares of Rs 10 aggregating up to Rs 2.01 Cr |
| Face Value | Rs 10/- |
| Listing At | BSE SME |
Company Promoters:
The promoters of the company are:
1. Mr. Ashok Shivji Chothani
2. Mr. Neeraj Ashok Chothani
3. Mr. Sunil Shivji Chothani
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.
How To Apply in SME IPO:
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