Ashok Masala IPO is going to hit market on 7 August, Monday. Ashok Masala is BSE SME IPO with 2.01 crore size. The IPO size is very small and the IPO price of Rs.10 itself suggest its a penny stock. Even the brand names “APPU Masala” and “GAYATRI MASALA” are not big names. Let’s see how it will perform on its listing day.
IPO Review:
- Apply for Listing Gain (Risky)
Ashok Masala IPO Dates & Price Band:
- IPO Open: 7 August 2017
- IPO Close: 11 August 2017
- IPO Size: Approx 2.01 Crore
- Face Value: Rs.10 Per Equity Share
- Price Band: Rs.10 Per Equity Share
- Listing on: BSE SME
IPO Market Lot:
- Shares: Apply for 10,000 Shares (Minimum Lot Size)
- Amount: Rs.1,00,000
Grey Market Premium:
- The grey market is around N/A per share.
Subscription Status:
- IPO Subscribed 10.92 times overall
Ashok Masala IPO Allotment Status:
Company Promoters:
- Ashok Shivji Chothani
- Neeraj Ashok Chothani
- Sunil Shivji Chothani
Quick Links:
Red Herring Prospectus
IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
IPO Lead Managers:
- Navigant Corporate Advisors Ltd
Company Address:
Ashok Masala Mart Ltd
184/188 Mandvi Chamber Hazrat,
Abbas Road Samuel street,
Khoja Gully, Chinchbunder, Mumbai – 400009,
Phone: +91-22-2344 687
Fax: +91 2346 5315
Email: [email protected]
Website: http://www.ashokmasalamart.com
