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24 February 2018

IPO Synopsis

Ashok Masala Mart Ltd
Registered Office: 184/188 Mandvi Chamber Hazrat,Abbas Road Samuel st. Chinchb. , Mumbai - 400009 , Maharashtra , India.
Phone : 91-22-23446871/23465315   Fax:
Email :  
Website :
Public issue of 20,10,000 equity shares of (Rs)10 each ("equity shares") of Ashok Masala Mart Limited ("AMML" or the "company" or the "issuer") for cash at a price of (Rs)10 per share (the "issue price"), aggregating to (Rs)2.01 crores ("the issue"), of which, 1,10,000 equity shares of (Rs)10 each will be reserved for subscription by market makers to the issue (the "market maker reservation portion"). The issue less the market maker reservation portion i.e. Issue of 19,00,000 equity shares of (Rs)10 each is hereinafter referred to as the "net issue". The issue and the net issue will constitute 38.95% and 36.82%, respectively of the post issue paid up equity share capital of the company. The face value of the equity shares is (Rs)10 each and the issue price of (Rs)10/- i.e. 1 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
07-Aug-17 11-Aug-17 (Rs)10.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :10000  Further Multiples of :10000

  (Rs Cr) Lead Managers to the Issue
Project Cost 2.01
Navigant Corporate Advisors Ltd
Project Financed through Current Offer 2.01  
Post Issue Equity Share Capital 5.16  
Issue Price (Rs)10.00  
To part-finance the purchase of new corporate Office and its interior expensesGeneral corporate purpose
To part-finance incremental working capital requirements
Promoted By
Ashok Shivji Chothani  
Neeraj Ashok Chothani  
Sunil Shivji Chothani  
Listing At
Registrar to the Issue
Karvy Computershare Pvt Ltd 
Toll Free number: 1800-425-5501 / 1800-103-5501