Jetmall Spices and Masala Limited IPO
BSE SMEListed On: Apr 16, 2021 at ₹ 20.5
₹ 240000 /12000 Shares
*Min Investment
31 Mar, 2021
Open Date07 Apr, 2021
Close Date12 Apr, 2021
Allotment Date16 Apr, 2021
Listing DateIPO Issue Details
- Issue Price ₹20 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr)
- Listing at BSE SME
- List Price 20.5
- Listing Date 2021-04-16
- Lead Manager Mark Corporate Advisors Private Limited
- Registrar Cameo Corporate Services Limited
IPO Details
- Retail Portion N/A
IPO Documents
IPO Details
Jetmall Spices and Masala Limited IPO is an SME IPO, priced at ₹20 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Mar 31, 2021 to Apr 7, 2021. The allotment is expected to be finalized on Apr 12, 2021, and the tentative listing date is Apr 16, 2021.
The registrar of the IPO is Cameo Corporate Services Limited, and
IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,182,000 | 1,182,000 | 2,364,000 |
Day 1 31-03-21 07:00 PM | 0.14 x | 0.06 x | 0.10 x |
Day 2 01-04-21 07:00 PM | 0.23 x | 0.10 x | 0.16 x |
Day 3 02-04-21 07:00 PM | 0.23 x | 0.10 x | 0.16 x |
Day 4 05-04-21 07:00 PM | 0.41 x | 0.25 x | 0.33 x |
Day 5 06-04-21 07:00 PM | 0.84 x | 0.35 x | 0.59 x |
Day 6 07-04-21 10:00 PM | 0.84 x | 0.35 x | 0.59 x |
Valuations
Company Financials
| 31-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 6.02 | 8.85 | 19.88 | 17.38 |
| Revenue | 9.25 | 39.15 | 43.44 | 50.32 |
| Profit After Tax | 0.64 | 0.14 | 0.17 | 0.25 |
About Company
Jetmall Spices and Masala Limited is engaged in the trading and marketing activities of spices, food products, masalas, and dry fruits. Its product portfolio includes ready-to-eat foods, food grains, nuts, dry fruits, food ingredients, processed foods, food stuffs, etc.
It imports spices from countries i.e. Srilanka, Vietnam, Indonesia, etc., and supplies it in India in bulk quantity. It follows the B2B business model to sell products to various parties like Masala manufacturers, exporters, etc.
- Promoter(s)
Mr. Bharat Kumar Pukhrajji
Pre Issue Share Holding : 100%
Post Issue Share Holding : 58.44%
IPO - Issue Objectives
Setting up 10 new retail outlets.
To meet the company's working capital requirements.
General corporate purposes.
To meet issue expenditures.
IPO - FAQs
Ans. Jetmall Spices and Masala Limited IPO is a SME IPO. The issue is priced at ₹20 per equity share. The minimum order quantity is 6000 Shares. The IPO opens on Mar 31, 2021, and closes on Apr 7, 2021. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Jetmall Spices and Masala Limited IPO opens on Mar 31, 2021 and closes on Apr 7, 2021.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Jetmall Spices and Masala Limited IPO is 2,490,000 Eq Shares of ₹10 (aggregating up to ₹4.98 Cr).
Ans. The Jetmall Spices and Masala Limited IPO price band is set between ₹20 per equity share.
Ans. To apply for Jetmall Spices and Masala Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Jetmall Spices and Masala Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Jetmall Spices and Masala Limited IPO is Apr 12, 2021.
Ans. The Jetmall Spices and Masala Limited IPO will be listed on Apr 16, 2021.
Ans. Follow the steps to check the Jetmall Spices and Masala Limited IPO allotment status online.
